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Celebrities / Re: Picture From TIWA Savage TECNO Blue Santa Visitation by Ennyholar: 9:38am On Dec 19, 2022
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Phones / Re: Photos From TECNO Autofest 2022 Edition In Lagos by Ennyholar: 6:10pm On Dec 18, 2022
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Phones / Re: Photos From TECNO Autofest 2022 Edition In Lagos by Ennyholar: 6:09pm On Dec 18, 2022
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Phones / Photos From TECNO Autofest 2022 Edition In Lagos by Ennyholar: 6:08pm On Dec 18, 2022
The much anticipated 2022 edition of the Auto Festival is currently on going at Akin Adesola Street, Victoria Island In Lagos. The festival feature the showcase of super fast cars, power bikes, drag races, exhibitions and several other fun activities.

This year's edition of BMW Autofest is organise in partnership with smartphone manufacturer TECNO Mobile and the brand also use the opportunity to showcase the coming of her PHANTOM X2 device.

The fest kicked off with amazing cars and bikes display from top car brands in the world Including BMW, Ferrari, Chevrolet, Mercedes Benz and ANG.

See photos of some of the actions from the venue.

Celebrities / Picture From TIWA Savage TECNO Blue Santa Visitation by Ennyholar: 8:56pm On Dec 17, 2022
Superstar artiste and song writer Tiwa Savage recently paid a surprising visit to one of the lucky winners in the on going TECNO Blue Santa activity.

Over 1,000,000 worth of gifts was won and successfully delivered to their home. You can also be part of the winners when you buy the PHANTOM , SPARK or CAMON 19 Series.

Take a peep at the smile of the winners.

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Phones / TECNO Phantom X2 Pro Review: Design, Camera And Software by Ennyholar: 10:26am On Dec 08, 2022
TECNO unveiled the Phantom X2 Pro at a launch event in Dubai on December 7, 2022, and the device is going on sale in a few weeks. There are two variants in the Phantom X2 series: a standard model and a Pro version. The Pro model gets the retractable lens and uses the Dimensity 9000, and you get a back made out of ocean plastic, 50MP Samsung camera, and 5160mAh battery. The standard Phantom X2 has the same internal hardware but comes with a 64MP camera instead of the 50MP lens.

The Phantom X2 comes in Stardust Grey and Moonlight Silver color variants, and includes 8GB of RAM and 256GB of storage as standard, with Tecno following in the heels of Xiaomi and other Chinese brands in rolling out 256GB as the base storage tier. The Pro model is available in Stardust Grey and Mars Orange variants, and features 12GB of RAM along with the same 256GB of storage.

The Phantom X2 Pro has a large 6.8-inch AMOLED panel with FHD+ (2400 x 1080) resolution and 120Hz refresh, and there is a lot to like here. The panel has good colors and is vibrant in outdoors use, and there is a decent amount of customizability in tweaking the color balance.

You also get an always-on mode, and similar to ColorOS and MIUI, you have a good selection of clock styles available. Tecno uses smart refresh rate switching out of the box, but it's easy enough to select the 120Hz mode as default in the settings. The interface feels smooth to navigate, and the high refresh works well in Chrome and social media.

The Phantom X2 comes in Stardust Grey and Moonlight Silver color variants, and includes 8GB of RAM and 256GB of storage as standard, with Tecno following in the heels of Xiaomi and other Chinese brands in rolling out 256GB as the base storage tier. The Pro model is available in Stardust Grey and Mars Orange variants, and features 12GB of RAM along with the same 256GB of storage.

The Phantom X2 series is launching in over 60 countries, but it will not be coming to Europe or North America. As stated earlier, Tecno's key focus is emerging markets, and the Phantom X2 Pro will be available starting in India, Nigeria, Kenya, Saudi Arabia, Colombia, Turkey, and the Philippines.

In Saudi Arabia, the standard Phantom X2 will start off at 2,699 Saudi Riyal ($717), with the Phantom X2 Pro going on sale for 3,499 Saudi Riyal ($930). Tecno says those figures are in line with what the devices will cost in other markets.

https://www.androidcentral.com/phones/tecno-phantom-x2-pro-review

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Phones / Photos Of The New Digifon Boom-Q Ultraportable Bluetooth Speaker by Ennyholar: 11:09am On Dec 04, 2022
Smartphone accessories and lifestyle brand Digifon Nigeria has officially announced the launch of it lastest ultraportable Bluetooth Waterproof Speaker Boom-Q.

The speaker which comes in compact, rugged fiinsh with quality sound fully loaded with thumping bass. If you’re the type that always wanted a compact Bluetooth speaker with rich sound without breaking the bank, you’ve got to stop here.

The brand Digifon has been pumping out some really affordable audio devices—that don't compromise on sound and build quality—for quite a while now. They've got a series of Bluetooth earbuds and portable speakers that you can count on, and the latest BOOM-Q compact Bluetooth speaker is one of the excellent ones.

The portable speaker produces shocking rich bass with crystal-clear high and mid frequencies that would make you question if that’s possible on such a tiny speaker. It’s not all about the small head but the big brain inside. BOOM-Q pairs with your device over a Bluetooth 5.0 connection, paving the way to flawlessly transfer audio data over a solid wireless connection with low power consumption.

Talking of power consumption, you’ve got a remarkable battery life that makes you forget the charger for a while. BOOM Q provides over 9 hours of continuous playback, allowing you to focus on having a good time rather than getting disturbed by some irritating low battery warning.

Beautiful sound in a Compact package
How compact can a good-sounding speaker be? BOOM-Q is tiny enough to fit perfectly in your palm. It sits in your pulse, so you don't have to worry about extra luggage when you need to carry a Bluetooth speaker with you. Just slip the BOOM-Q into your handbag and get going.

Is the portable size a barrier to high-quality sound? No way! BOOM-Q is an accurate definition of "small but mighty.” Thanks to its large speaker and well-tuned sound drivers, this ultraportable speaker provides you with that massive, bassy sound you’ve always wanted.

When it's time for immersive music enjoyment, you'll be shocked with its thumping bass, crystal-clear highs and mids, and immersive 360o sound effect at a highly amplified volume without distortion. That’s made possible by powerful speaker hardware inside the tiny body.

The BOOM-Q is your perfect lightweight speaker with good sound quality. You won’t find many as good as it at its affordable price point.

Do you also get annoyed with the incessant low-battery warning that won’t let you enjoy your music after a few hours of playing some rechargeable speakers? It’s not a thing on the BOOM-Q!

Even as small as it is, it keeps playing for longer hours when other sounds fail.
Equipped with a large battery capacity of 1200mAh, you’re bound to experience uninterrupted music playback from the day to your bedtime. Once fully charged, BOOM-Q offers you a solid 9 hours of nonstop high-quality, satisfactory listening.

The portable but mighty Bluetooth speaker is what you can bring on for long listening sessions without thinking about sudden power outages or getting frustrated with some incessant low battery warning.

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Phones / TECNO To Hold Its Annual Flagship Product Launch Event In Dubai by Ennyholar: 8:48pm On Dec 02, 2022
TECNO, an innovative technology brand with operations in over 70global markets, today announced that it will host TECNO Flagship Product Launch 2022 themed as ‘Beyond the Extraordinary’ on December 7th from 2:30pm GST, in Dubai UAE.

The event will see the official launch of the company’s two new flagship products, the remarkable PHANTOM X2 Series and MEGABOOK S1.

Taking place in Dubai, the city’s status as a hub of futuristic innovation makes it the ideal location to mark the launch of two groundbreaking premium tech products.

Celebrating the latest breakthroughs in innovation from TECNO, the event will be an unmissable occasion bringing together influential guests from the world of technology.

The event will see TECNO executive share the brand’s future strategy and its pursuit of the next innovation, while valued collaborating partners from Android,MediaTek, Intel and Microsoft will share their visions of the strategic cooperation with TECNO in creating premium experience together for global consumers.

In addition, an exciting demo onsite conceptually as “Pioneering Lab” will give guests the chance to experience the pioneering spirit of PHANTOM that has led to many incredible technological breakthroughs in X2 series. And through a hands-on experience with the new products, guests will also discover how efficient design enables the PHANTOM X2 Series and MEGABOOK S1 works together create greater work efficiency and entertainment synergyfor consumers.

And certainly, the public also expect to see the amazing camera experience PHANTOM X2 series will bring alive since “The Push Towards Premium: Changing Smartphone Preferences and the Technologies Behind Them” webinar organized by counterpoint research has teased that PHANTOM X2 series featuring TECNO’s flagship camera technology will be powered by MediaTek Dimensity 9000 5G chipset

Source: https://dailyfocusng.com/tecno-to-hold-its-annual-flagship-product-launch-event-in-dubai-on-december-7th/

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Phones / Oraimo Announces Partnership With Burna Boy by Ennyholar: 12:02pm On Nov 14, 2022
A Burna Boy and oraimo collaboration is surely one that nobody expected but one that should be well received.

Burna Boy announced the partnership on his social media pages, showing his excitement about working with a big brand making strides in Africa.

The Nigerian singer and songwriter is a consistent top player in the music industry. with multiple award nominations both locally and internationally. The Grammy award winner was recently announced as one of the features on the soundtrack for the newly released movie, ‘Black Panther-Wakanda Forever’. His journey inspires many young Nigerians.

When asked how he felt about the deal he said;

“This is a big win for my generation of Africans all over the world, and this should be a lesson to every African out there: no matter where you are, no matter what you plan to do, you can achieve it, no matter where you’re from, you are a king.”

oraimo is getting notice for providing innovative solutions like the HavyBass technology.

The HavyBass is a sound-tuning technology for puchy bass, which makes for a sublime experience for lovers of Afrobeats. with a range of productsfrom oraimo audio like Wireless Stereo Earbuds, Wireless Headphones, Wireless Earphones, Wireless Headsets, Wired Earphones, and Wireless Speakers providing a variety of listening options for a smooth experience for Afrobeat enthusiasts.

The partnership helps connect Afrobeats community more. As fans get to enjoy solid music experiences from their favourite artiste using this innovative sound technology.

With the rise of Afrobeats both locally and internationally it makes sense for the brand to expand its existing customer base to aid brand globalization.

Beyond oraimo sound, the brand has a variety of products cutting across innovative accessories like smartwatches, and power banks; personal care products such as trimmers, toothbrushes, body fat weight scales, and portable fans.

Responses have been coming in from fans of both Burna boy and oraimo with positive comments excited about this collaboration. and other comments expressing their expectations from this partnership.

Source: https://www.bellanaija.com/2022/11/oraimo-partnership-burns-boy-heavy-bass-technology/

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Phones / TECNO CAMON 19 Pro Mondrian Edition Bags Double Awards by Ennyholar: 11:35am On Aug 26, 2022
Premium smartphone and AIoT devices brand, TECNO, has continued to excite consumers and stakeholders in the communication ecosystem as its TECNO CAMON 19 Pro Mondrian Edition smartphone bagged two notable awards.

Designed for those who are young at heart and never stop pursuing excellence in both technology innovation and aesthetic design, TECNO’s CAMON 19 Pro Mondrian Edition Smartphone Integrates a Color-Changing Design with a Sleek Bezel and Advanced Camera, Inspired by Abstract Art Icon Piet Mondrian

Technology can now also be art. TECNO, a global premium smartphone brand, recently advanced their commitment to delivering consumers the most intuitive, stylish and well-designed smart devices by announcing the CAMON 19 Pro Mondrian Edition Gift Set with a TECNO CAMON 19 Pro Mondrian Edition smartphone, a pair of TECNO TWS SONIC 1 earbuds, and other 2 Mondrian style accessories.

Among which, the smartphone perfectly combines the industry’s first ‘Sunlight Drawing’ technology with the stylistic art form, allowing the phone shell color to change with the light, paying tribute to the Stylistic master Mondrian achieved through technology innovation.

With the exceptional craftsmanship and its innovative visual appearance, TECNO CAMON 19 Pro Mondrian Edition recently collected two international design awards, 2022 MUSE Design Award from US and the A’ Design Award from Italy.

The MUSE Design Awards is a leading international award competition that aims to promote excellence in various design industries by providing professionals and brands with a platform to compete on the world stage.

The MUSE Design Awards is created by the International Awards Associate (IAA) in New York and is known for its rigorous judging system and high-quality criteria.

While A’ Design Award is a world’s leading annual international design competition recognized by ICOGRADA (International Council of Graphic Design Associations) and European Design Association.

A’ Design Competition is the largest design competition in the world and the awards are given to the best designs, design concepts, products, and services.

TECNO’s ‘Sunlight Drawing’ technology, which uses ultraviolet light to create a multi-color phone shell, is unlike anything you have even seen on the market before.

“Aesthetics in technology is becoming increasingly important for today’s consumer, as they look for a more personal mobile experience.

“We’ve long maintained a ‘stop-at-nothing’ mentality to bring our consumers the most innovative and intuitive devices. The introduction of the CAMON 19 Pro Mondrian Edition makes it possible to achieve the beauty of art through technological innovation as well as to bring art and style to more consumers.”

TECNO CAMON19 Pro 19 Mondrian Edition follow the other features of the CAMON 19 series, with the first-in-industry 64MP main camera and an RGBW sensor, co-developed with Samsung, overcoming the traditional challenges associated with photography in nighttime and low-light conditions. Coupled with TECNO’s complementary Glass + Plastic (G+P) technology, light intake can be further enhanced by another 30%, effectively doubling the overall picture quality for users.

In addition, the smartphone’s camera system also utilizes AI Face Beauty technology, which intelligently identifies different facial structures and skin tones, and delivers smoothing complexions and accurate skin tones along with other improvements.

The latest battery technology has been applied to support 50 hrs Ultra-long lasting battery life, enabling the users to listen to 800 songs while other competitive products can only listen to 300 songs.

https://independent.ng/tecno-camon-19-pro-mondrian-edition-bags-double-awards/

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Health / Re: Malaria: What You Need To Know (2022) by Ennyholar: 2:34pm On Aug 23, 2022
People outside the internet need a whole lot of education about malaria. I wish something like this can be printed and shared among people in rural communities.

28 Likes 1 Share

Travel / Report Dangerous Vehicles and Dangerous Driving With Whistle App by Ennyholar: 10:31am On Aug 17, 2022
In Lagos today, incessant traffic, road hazards, traffic violations, and disregard for the lives and property of other road users are par for the course. Many fatal accidents have been borne out of numerous avoidable traffic violations. That is why Whistle was born.

Whistle is the first and only app that helps citizens validate vehicle paperwork, escalate accidents and traffic disruptions, and report traffic violations – and pays them for reporting.

With the Whistle app, users are able to:

Report dangerous vehicles and dangerous driving

Report traffic congestion and get the appropriate authorities to clear bottlenecks

Report Accidents to secure aid for accident victims and ensure the road is clear for smooth traffic

Flag vehicles driving with expired paperwork and instantly notify authorities to issue fines where applicable
With the Whistle.


The first app of its kind in CivicTech, part of what makes Whistle unique is that the app has an integrated virtual wallet that houses the rewards Whistlers receive for sending in reports.

This means that for reporting a vehicle without valid papers for instance, the Whistler will earn a share of the fines paid by erring road user. Every report submitted by a Whistler is backed by picture or video evidence which is seamlessly escalated to the appropriate authorities to provide a swift resolution.

Any Nigerian will be able to quickly alert the authorities to vehicles that are likely to cause carnage on the roads. The submissions will automatically provide the responding officers with the precise location of the dangerous vehicle. Alerts for traffic congestion and will work in a similar fashion.

The strength of the app lies in crowdsourced information, connecting the citizens with the law enforcement agencies that will ensure sanity is re-introduced to the roads.

The app is currently only available on Google Play store, and the Whistle team assure that the ios version is in the works.

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Fashion / Re: Meet Beauty Of Africa International Pageant Contestants As Gordons Hosts Event by Ennyholar: 8:19am On Aug 17, 2022
This is interesting. But nothing beats the superior sound quality of the Oraimo colorful soundflow speaker. It's available on their eShop.

Celebrities / Re: Flavour Performs At New York Summerstage Music Festival 2022 (Photos) by Ennyholar: 8:10am On Aug 17, 2022
Have been enjoying some fine old Flavour music on my Oraimo FreePods Pro.

TV/Movies / Re: Abuja Female Carpenter Adaeze Oforma Dazzles in New Photo, Joins Reality TV show by Ennyholar: 7:46am On Aug 17, 2022
This is nice. Meanwhile experience pure listening freedom with the new Oraimo FreePods Pro. It comes with an active noise cancellation feature.

Health / African Union Has Encouraged Youths To Lead The Fight Against Malaria by Ennyholar: 11:26pm On Aug 16, 2022
In recognition of the international Youth day 2022, African Union has encourage Youth's in the continental to lead the fight against malaria and stompt it out with vibrant approaches.

According to the continental body, a child dies every 60 seconds as a result of malaria. It added that malaria had a real effect on the economy especially in countries where it’s endemic, it reduces the GDP by over 1 percent.

The continental body said contributing to national development can be vital when malaria has been dealt with, it means that developmental targets will not be threatened.

P-alaxin a product of Greenlife Pharmaceutical limited has been at the forefront in the fight against malaria and has proven to be effective, even in resistant cases.

It has been confirmed to cure the patient of malaria and equally protect them against it at least a month after treatment even when bitten by mosquitoes.

Its an high quality and effective artemisinin-based combination therapy which contains dihydroartemisinin and piperaquine phosphate.

Below Is a video on how to prevent malaria

https://www.youtube.com/watch?v=d9hafjDhq9o

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Phones / Re: Pictures From TECNO CAMON 19 Mondrian Edition Exhibition In Lagos by Ennyholar: 7:47pm On Aug 16, 2022
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Phones / Re: Pictures From TECNO CAMON 19 Mondrian Edition Exhibition In Lagos by Ennyholar: 7:34pm On Aug 16, 2022
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Phones / Pictures From TECNO CAMON 19 Mondrian Edition Exhibition In Lagos by Ennyholar: 7:33pm On Aug 16, 2022
African popular smartphone brand TECNO today held an exhibition in Lagos to showcase it TECNO CAMON 19 Mondrian Edition Technology meets artistry.

TECNO and Museum of Fine Arts, Boston joined to bring the unique vision of Piet Mondrian – the Dutch pioneer of abstract art best known for his bold and colorful block paintings – to a new format that is accessible to consumers in a way not previously explored.

The device comes with a distinctive rear panel that changes into an artistically pleasing geometrical patterns of color when exposed to light. Superstar singer Tiwa Savage, actor Mawuli Gavor andEx BBNaija Housemate Sega among other celebrities were present at the exhibition venue.

Below are pictures from the event.

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TV/Movies / TECNO To Capture Exciting Moments On The BBN Show by Ennyholar: 4:50pm On Jul 29, 2022
Big Brother Naija is back! And it is tipped to be bigger, hotter, and juicier. What is more interesting is Africa’s biggest smartphone brand, TECNO, is also returning to the reality show for the third time to serve us with captivating moments from the big brother house.

If you are a die-hard fan of Big Brother Naija, this information will not come as a surprise to you. TECNO as Africa’s biggest smartphone brand has been on the show for two seasons, and this would be the third. TECNO believes that Nigeria is full of talented people and it is their role as a brand to invest in them. As a result, they have chosen to come back to the show this year.

According to Vincent Uzoegbu, PR Communications and Media Manager, TECNO Mobile, West Africa, "Big Brother Naija has been the platform that has brought togetherness among young people. It is a show that has created stars who have gone on to many great exploits. As a brand, our core values are encouraging young people to go after their dreams.

This is what big brother has succeeded in doing, putting a group of determined hopefuls together who have given everything to attain their biggest goals. We are proud to be part of the show once again; everyone should watch out for more from us."

TECNO has always made a conscious effort to provide a platform for young people to showcase their abilities and pursue a promising future. The smartphone brand has sponsored campaigns and events aimed mostly at creating opportunities for young Nigerians. From the annual Light Up Your Dream (LUYD) competition for young entrepreneurs to the Camission photography challenge, the CAMON Short Film Challenge, and Nigerian Idol Season 7, all these programs have provided creatives with the opportunity to improve and showcase their skills across all creative industries.

This year's season of Big Brother Naija is expected to be particularly competitive, with the chosen housemates bringing their "A" game as they compete for a whopping prize worth 100 million Naira. TECNO is sure to raise the stakes of the show with exciting activities and rewards for both participants and fans at home, so be sure to follow TECNO on all of their social media platforms: Facebook, Instagram, and Twitter for the most up-to-date information. Get geared up, your favorite show is back.
Investment / Re: Crypto Currency Investors Thread by Ennyholar: 11:49pm On Jul 17, 2022
demmy66:
Gurus in the house good evening, please is there a way someone can acquire dollar in his domiciliary account at a rate lower than black market. Since it's difficult to get official rate. Grateful in anticipation of your response

Why not buy USDT on Yellowcard?
Nairaland / General / Re: Five Common Crypto Mistakes by Ennyholar: 11:47pm On Jul 17, 2022
OladapoF:
Thank you for pointing these common Mistakes. I have used Binance and Coinbase. I think I will need to try out Yellow Card as well.

You should
They've been very reliable
Nairaland / General / Re: Five Common Crypto Mistakes by Ennyholar: 11:47pm On Jul 17, 2022
enoch273:
Yellowcard UI is really simple, but I can't trade since I've not been able to verify my account.
Have you tried sending them a mail to resolve it?
Jobs/Vacancies / Sonia Foods Expansion To Create More Jobs In Nigeria by Ennyholar: 5:37pm On Jul 15, 2022
One of Nigeria's market leader in Tomato paste production, Sonia Foods expansion plan is expected to create more employment opportunities in Nigeria and also enhance quality of it's flagship product, Sonia Tomato Paste.

In 2016, the brand announced the expansion plan of it's production plant located in Sagamu, Ogun State with the sum of $ 8,000,000.

The expansion was done to increase Sonia Foods production capacity through the installation of ultra modern machineries for the production of tomato paste mix in tins and sachets of various sizes.

Furthermore, in line with the brand commitment for expansion, they are in the process of building more ultra modern factories and tomato farms in other states that would have the capacity to produce more tomato concentrate and also create employment opportunities in the host states.

Sonia Foods Industries Limited, with headquarter in Ibafo, is one of the leading tomato products processing factories, in West Africa. The company was incorporated in June 2006.

The company produces Tomato Mix, Peppe & Onion Tomato Seasoning Mix, Curry Powder and Thyme Leaves, under the brand name Sonia.

The factory is located in Ikorodu Shagamu Express Road, Onigbagbe/Sotubo Village, Shagamu Ogun State, Nigeria.

https://soniafoodsnig.com/about-us/

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Phones / Re: Pictures From TECNO CAMON 19 Series Launch In Lagos by Ennyholar: 10:26am On Jun 29, 2022
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Phones / Re: Pictures From TECNO CAMON 19 Series Launch In Lagos by Ennyholar: 10:26am On Jun 29, 2022
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Phones / Pictures From TECNO CAMON 19 Series Launch In Lagos by Ennyholar: 10:26am On Jun 29, 2022
Africa's renowned smartphone brand, TECNO yesterday launch it lastest CAMON 19 series with theme FASHION meet TECH at an exclusive location in Lagos. The CAMON 19 Series is coming after the CAMON 18 that was launched October last year. The Launch event was held in attendance of celebrities, tech bloggers and several fahion icons.

TECNO CAMON 19 Series launches with cutting edge technology. The device features the brand first RGBW+G+P sensitive camera lens, OIS+EI stabilization and TECNO'S true tone night portrait system for enhanced photography experience, large storage capacity and lots more impressive features.

Below are pictures from the launch.

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Business / Re: What Are Nfts (non-fungible Tokens): A Beginner's Guide by Ennyholar: 11:58pm On Jun 26, 2022
Investicoo:
What are NFTs (Non-Fungible Tokens): A Beginner's Guide


Source: [url]investicoo.com.ng[/url]


Non-fungible tokens are a type of digital asset or unit of data. An NFT can’t be easily replaced by a similar asset. It contains a non-alterable record of its authenticity and ownership.

NFTs differ from regular cryptocurrencies, which are fungible, meaning they can be easily exchanged for money or other cryptocurrencies.

One Bitcoin has the same value as another. Not so with NFTs. Each is unique and will have its own unique value.

NFTs can be traded, but their value is unique to a rare, highly valued bottle of wine than cash — you can’t use that bottle of wine to pay for groceries. Still, NFT sales topped $2.5 billion in the first six months of 2021.

NFTs are attracting this kind of attention because they have the potential for functionality. Since they contain digital files, they can function as a program and even contain smart contracts.


NFTs can also link to digital files of music or film. Because they are new, NFT experimenting abounds, from monetizing rare memorabilia to political protests to sneaker authentication and virtualization.

How Do NFTs Work?
NFTs share many similarities with cryptocurrencies. They can be bought and received, sold and sent, and stored in a crypto wallet that supports NFTs.

Details confirming their authenticity, ownership, and any transactions related to them are permanently recorded in blockchain blocks. While NFTs can technically live on any blockchain, Ethereum remains the most popular blockchain network, along with BNB Smart Chain and Solana.

NFTs can spawn communities passionate about a shared interest — music, art, or fashion, for example. Many NFT communities are centered around their blockchain network of choice, like Ethereum, BNB Smart Chain, Solana, among others.

But the key to understanding how NFTs work is remembering the digital file an NFT is associated with. If it can be digitized, it can be turned into an NFT.

In the language of NFTs, this process is called minting an NFT. And it’s a wide-open space right now.

While NFTs generally attract users from the typical crypto space because you need a cryptocurrency, like Ether, to buy an NFT, even those outside of the crypto realm are jumping on the bandwagon.

Consider the case for music NFTs. A huge concern for musicians is getting paid for their work. Some experimental NFT platforms allow a musician to embed unique and original works in an NFT, get paid for them, and set terms for profiting from any resale.

But what exactly gives a particular NFT its value?



How Do NFTs Generate and Keep Value?
The NFT space is still new. For the most part, NFTs have derived value from the same characteristics as traditional collectibles: scarcity and appeal.

Think of an original Leonardo Da Vinci, like his Salvador Mundi. There’s only one in existence, and collectors love Da Vinci. That’s why it sold for $450 million in 2017.

We’ve become accustomed to art not needing to have intrinsic value. This same thinking is carrying over into the world of NFTs. But can’t digital files easily be copied?

Just like original works of physical art, it is possible to copy a digital file. And NFTs do not necessarily give the buyer copyright of the digital file or even control of it. In some cases, it may be viewed by others for free.

But any copies will not be identical to the NFT itself, which also contains a record of all transactions and, most importantly, proof of who owns the NFT.

There are thousands of copies of the Mona Lisa in the world, but only one original hanging in the Louvre. For many collectors, NFTs hold a similar appeal. But as more communities of interest spawn around NFTs, value based on utility may increase.

For example, business assets could be tokenized as NFTs to provide verifiable purchase orders, invoices, or receipts. Or, like the winery mentioned earlier, selling an NFT as a type of future to increase cash flow while the wine ferments in barrels.

NFTs may provide a way for access to blockchain capability in the background while providing a more user-friendly, useful experience as the front end. Communities are mobilizing on platforms like Ethereum to try and accomplish just that.

So how might you use an NFT?

4 Ways to Use NFTs

Collectors and Buyers
Perhaps the most obvious use of an NFT is to buy them. This could be to support a cause or artist selling the NFT. But there are many in the NFT space speculating on assets that will increase in value, much the same way an investment portfolio might include art.

Of course, there is one important difference in buying an NFT.

As mentioned earlier, the purchaser of an NFT may not be acquiring rights to the actual digital file. In this case, the level of speculation is heightened, since others may have free access to the underlying digital file.

Artists and Creators
NFTs hold great appeal for anyone who creates art, music, videos — anything that may hold appeal and that they’d appreciate being paid for. They can avoid having to establish a market for their work, or breaking into an existing market where major players call all the shots.

Instead, NFTs enable the creator to set the terms of the initial sale, as well as a percentage to reap from any future sales of the NFT.

Tickets
Event organizers are beginning to explore how NFTs might revolutionize the industry. NFTs offer a secure way to mint and sell tickets since authenticity and transactions are verifiable and immutable on a blockchain.

Ticket holders will be able to buy and store tickets they can’t lose but can easily resell if they can’t use them. Also, they can be stored indefinitely for future memorabilia resale potential.

Perhaps the greatest potential, though, is that NFTs are programmable and can contain smart contracts. This can afford a new way for event organizers to interact with clients and offer enhanced experiences, offering rewards and access to other merchandise sales.

Gaming
NFTs are bringing new possibilities to the world of gaming.

Like a character? Buy it — it’s yours, provably. Training and adding powers and customizations to your character all become part of the indelible blockchain record, potentially increasing the value of your NFT.

But there’s also income potential inherent in NFT gaming. Thanks to smarter contracts, creators of NFT assets can continue to collect royalties as characters, for example, are traded. Players could potentially earn income as they play, unlock items, upgrade, and trade their NFTs.

The Pros and Cons of NFT ownership
You’ve probably gleaned a few of the overall advantages and disadvantages of NFTs. But here are some of the more important things you should keep in mind.


Pros
Value appreciation. As with other collectibles, an NFT can increase in value — sometimes amazingly. Some NFTs originally costing thousands of dollars have subsequently sold for millions.

Incontrovertible ownership. You can prove it’s yours, and, if you decide to sell it, the buyer then enjoys that same provable ownership.

Unique and collectible. Just as with ownership, an NFT you purchase is provably unique. As such, it may be collectible, either because of widespread demand or because it holds special meaning to you.

Immutable. Since it is based on blockchain technology, once transactions have been recorded, they cannot be altered or tampered with.

Smart contracts and programming. An NFT can embed real utility, such as automation of future sales proceeds, when to trigger certain events, or agreed-upon rights granted to the owner of the NFT in the future.

Cons
Highly Speculative Market. For every NFT rags-to-riches story, there are many more mundane examples of little to no value increase.

Copies. Digital files can be exactly replicated. Buying an NFT, as previously noted, doesn’t necessarily mean you hold the only copy of a digital file — or even own its copyright. So, while the NFT itself is unique, the associated digital file may not be.

[b]Environmental concerns. [/b]Because of the way some blockchains operate, any block added may require significant computing resources, meaning lots of energy is required. Choosing NFTs on high-performance and low-cost blockchains can potentially mitigate some of the potential environmental costs of minting and transferring NFTs.

Source: [url]investicoo.com.ng[/url]

This is a really nice tips
Thank you.
You can as well learn more on Yellowcard academy.
Investment / Re: Kwitoc.com: Where & How To Buy Affordable Crypto In Nigeria by Ennyholar: 11:56pm On Jun 26, 2022
Yellowcard have amazing rates for Bitcoin and other crypto currency.

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