NFT airdrops refer to the distribution of an NFT for free to a community or a group of whitelisted individuals. It’s a popular method for NFT projects, artists, and blockchain gaming apps to promote a new NFT collection to the public, draw attention to a new brand, or engage with their communities by handing out …
NFT Airdrops Explained: What Are They & How Do They Work? Read More »
NFT royalties are payments sent to the creator of an NFT each time it is resold on the secondary market. NFT royalties function similarly to traditional royalties. In business, for example, the owner of a product receives a percentage of the sales or profits. In the case of NFTs, the creator can set the royalty …
NFT Royalties Explained: What Are They & How Do They Work Read More »
NFTs, wouldn’t exist without smart contracts, and digital agreements written with computer code and deployed on a blockchain. Their main function is to execute one or multiple actions if conditions are met, often following simple “if/when-then†statements, e.g., if X is true, then Y will happen. These programs automate execution, and workflow, and streamline the …
What Are NFT Smart Contracts & How Do They Work? Read More »
If you’ve seen headlines of non-fungible tokens (NFTs) selling for millions of dollars then you may be asking yourself: why are NFTs so valuable? The following dialogue might ensue: Is this just a really rich people thing? Are they laundering money? Is this just fake news biting on click-worthy headlines? The answer most people will …
Why Are NFTs Valuable? Attempting to Explain Why Some Cost So Much Read More »
With the NFT market experiencing one of its first bear runs, it’s a great time to look at the funny memes NFTs have given us. You know, a “laugh through the pain” sort of thing.Memes play an important part in NFT culture, influencing collections like BoredApeYachtClub and Crypto Punks, as well as creating hype around …
The 25 Best NFT Memes Will Make You Cry Laughing Read More »
