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The NFT Economy - Hype Or Real? by coinsmaven: 12:01pm On Jan 19, 2022
In recent times, You’ve probably heard about young artists making millions from selling their digital works, or how In just the first three months of 2021, more than $2 billion worth of NFTs.

Undoubtedly, NFTs are all the buzz at the moment. Every artist seems to be talking about them. Hence, if you are an artist, and still complaining about insufficient funds, "you sincerely need a paradigm shift.

Before we go a-bit further, lets have an idea of what NFTs are, and its tendency.

NFTs simply means, non-fungible tokens.

A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can also be associated with reproducible digital files such as photos, videos, and audio.

What does it mean for you an artist? Well, creating an NFT of your work enables you to prove digital ownership, create scarcity of your work, and earn money from your work.

If you’re looking to get into creating and selling NFTs, you are on the right thread, just follow this thread.

And you will discover, free of charge, from finding the perfect platform to create and showcase your work, to helping you avoid the most common pitfalls, we’ve got you covered.

You will discover some tips on how to generate marketing buzz around your work!

You are strongly advised to follow this thread, and we shall dive in at the start - creating (known as Minting) your first NFT.

Re: The NFT Economy - Hype Or Real? by Mrshocker(m): 12:14pm On Jan 19, 2022
BOTH. IT'S REAL BUT PRESENTLY NEEDS THE HYPING FOR PEOPLE TO MOVE IN LIKE BITCOIN. THE MORE PEOPLE MOVE INTO NFT market the faster the metaverse and othe nft worlds will manifest
Re: The NFT Economy - Hype Or Real? by coinsmaven: 3:44pm On Jan 19, 2022
Mrshocker:
BOTH. IT'S REAL BUT PRESENTLY NEEDS THE HYPING FOR PEOPLE TO MOVE IN LIKE BITCOIN. THE MORE PEOPLE MOVE INTO NFT market the faster the metaverse and othe nft worlds will manifest

Rightly said, however, there is a need for some enlightenment for cynical persona and those who believe everything online is a scam, that was why i projected it from the perspective on an artist.
Re: The NFT Economy - Hype Or Real? by coinsmaven: 3:45pm On Jan 19, 2022
Mrshocker:
BOTH. IT'S REAL BUT PRESENTLY NEEDS THE HYPING FOR PEOPLE TO MOVE IN LIKE BITCOIN. THE MORE PEOPLE MOVE INTO NFT market the faster the metaverse and othe nft worlds will manifest

Rightly said, however, there is a need for some enlightenment for some cynical persona and those who believe everything online is a scam, that was why i projected it from the perspective on an artist.
Re: The NFT Economy - Hype Or Real? by coinsmaven: 4:03am On Jan 20, 2022
NFTs, A Way To Fuel The Arts!

The market value of a work of art — NFT or otherwise — is based on what people are willing to pay for it. While skill does come into it, it’s still tightly linked to supply and demand — more popular artists and their work often command higher prices while equally talented but lesser-known artists struggle to survive. Because taste, trends and popularity are all subjective they’re also open to manipulation.

So why not bypass the hype, invest in art you like and support creators you believe in?


In theory, if they do good work and share it, more and more people will hear about them, support them and drive their prices up. They’ll be encouraged to create more and you’ll have an NFT in your collection that increases in value. And if it doesn’t, then at least you’ll have exclusive rights to a high-quality piece of digital art that you absolutely love.

Buying an NFT on opensea is the perfect way to start — you as a collectors don’t need to empty your bank accounts to support excellent artists or own high-quality pieces which may increase in value. It could cost you the same as a cup of coffee, or even be free. Now that’s a good investment!

‍We hope you found this article helpful! We’re going to keep on creating short content about NFTs, blockchain technology and digital art. If you have any questions you can drop it on this thread. Lets build a repository of NFT knowledge base in Nigeria together.
Re: The NFT Economy - Hype Or Real? by Aflix(m): 6:07am On Jan 21, 2022
coinsmaven:
NFTs, A Way To Fuel The Arts!

The market value of a work of art — NFT or otherwise — is based on what people are willing to pay for it. While skill does come into it, it’s still tightly linked to supply and demand — more popular artists and their work often command higher prices while equally talented but lesser-known artists struggle to survive. Because taste, trends and popularity are all subjective they’re also open to manipulation.

So why not bypass the hype, invest in art you like and support creators you believe in?


In theory, if they do good work and share it, more and more people will hear about them, support them and drive their prices up. They’ll be encouraged to create more and you’ll have an NFT in your collection that increases in value. And if it doesn’t, then at least you’ll have exclusive rights to a high-quality piece of digital art that you absolutely love.

Buying an NFT on opensea is the perfect way to start — you as a collectors don’t need to empty your bank accounts to support excellent artists or own high-quality pieces which may increase in value. It could cost you the same as a cup of coffee, or even be free. Now that’s a good investment!

‍We hope you found this article helpful! We’re going to keep on creating short content about NFTs, blockchain technology and digital art. If you have any questions you can drop it on this thread. Lets build a repository of NFT knowledge base in Nigeria together.
Thanks man. How can we buy the NFTs?
Re: The NFT Economy - Hype Or Real? by ElectronicMoney(m): 1:40pm On Jan 26, 2022
coinsmaven:
NFTs, A Way To Fuel The Arts!

The market value of a work of art — NFT or otherwise — is based on what people are willing to pay for it. While skill does come into it, it’s still tightly linked to supply and demand — more popular artists and their work often command higher prices while equally talented but lesser-known artists struggle to survive. Because taste, trends and popularity are all subjective they’re also open to manipulation.

So why not bypass the hype, invest in art you like and support creators you believe in?


In theory, if they do good work and share it, more and more people will hear about them, support them and drive their prices up. They’ll be encouraged to create more and you’ll have an NFT in your collection that increases in value. And if it doesn’t, then at least you’ll have exclusive rights to a high-quality piece of digital art that you absolutely love.

Buying an NFT on opensea is the perfect way to start — you as a collectors don’t need to empty your bank accounts to support excellent artists or own high-quality pieces which may increase in value. It could cost you the same as a cup of coffee, or even be free. Now that’s a good investment!

‍We hope you found this article helpful! We’re going to keep on creating short content about NFTs, blockchain technology and digital art. If you have any questions you can drop it on this thread. Lets build a repository of NFT knowledge base in Nigeria together.

You still have not told us how a person can make money from it
Re: The NFT Economy - Hype Or Real? by Samken2: 6:18pm On Jan 26, 2022
coinsmaven:

In recent times, You’ve probably heard about young artists making millions from selling their digital works, or how In just the first three months of 2021, more than $2 billion worth of NFTs.

Undoubtedly, NFTs are all the buzz at the moment. Every artist seems to be talking about them. Hence, if you are an artist, and still complaining about insufficient funds, "you sincerely need a paradigm shift.

Before we go a-bit further, lets have an idea of what NFTs are, and its tendency.

NFTs simply means, non-fungible tokens.

A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can also be associated with reproducible digital files such as photos, videos, and audio.

What does it mean for you an artist? Well, creating an NFT of your work enables you to prove digital ownership, create scarcity of your work, and earn money from your work.

If you’re looking to get into creating and selling NFTs, you are on the right thread, just follow this thread.

And you will discover, free of charge, from finding the perfect platform to create and showcase your work, to helping you avoid the most common pitfalls, we’ve got you covered.

You will discover some tips on how to generate marketing buzz around your work!

You are strongly advised to follow this thread, and we shall dive in at the start - creating (known as Minting) your first NFT.
How can I invest

1 Like

Re: The NFT Economy - Hype Or Real? by Nobody: 9:34am On Jan 31, 2022
The gurus in this field should please � put me through

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