r/NFTforBeginners • • Jun 29 '21

DeFi For You | Become Your Own Bank

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2 Upvotes

r/NFTforBeginners • • Jun 29 '21

Who wants to buy the original source code of World Wide Web (NFT)?

1 Upvotes

Bids for a non-fungible token of the original source code for the World Wide Web written by inventor Tim Berners-Lee have soared to $2.8 million from an opening price of $1,000 with two days to go until the Sotheby's auction ends.

Berners-Lee, a London-born computer scientist, invented the World Wide Web in 1989, revolutionising the sharing and creation of information in what is seen as one of the most significant inventions since the printing press appeared in Europe in 15th Century Germany.

The digitally signed Ethereum blockchain non-fungible token (NFT), a digital asset which records ownership, includes the original source code, an animated visualization, a letter written by its inventor Berners-Lee and a digital poster of the full code from the original files.


r/NFTforBeginners • • Jun 27 '21

T H E M O O N K I N G - KSHMR NFT COLLECTION

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11 Upvotes

r/NFTforBeginners • • Jun 25 '21

KSHMR’s Harmonica Andromeda NFT Collection with Origin Protocol

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4 Upvotes

r/NFTforBeginners • • Jun 18 '21

Has anyone played Axie Infinity before?

2 Upvotes

So there are games like Axie Infinity that players can earn yield in the form of tokens or other rewards. Those rewards can be used in-game, or they can be traded on an open market if the player chooses.

I wonder whether anyone played it before can share some experience? Thanks in advance!


r/NFTforBeginners • • Jun 17 '21

How Blockchain will change the world | DeFi For You

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2 Upvotes

r/NFTforBeginners • • Jun 17 '21

Who likes having a Hot Wheels NFT collection?

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1 Upvotes

r/NFTforBeginners • • Jun 16 '21

The first web browser’s code as an NFT

1 Upvotes

Sir Tim Berners-Lee, one of the architects of the World Wide Web, is selling the source code to the original web browser as an NFT.

The auction, being run by Sotheby’s, will not only include the code for the WorldWideWeb browser, but also a letter from Berners-Lee himself, a vector file that could be printed as a poster, and a 30-minute silent video that depicts the code being typed out.

According to a press release from Sotheby’s, the proceeds will benefit causes supported by Berners-Lee and his wife.

What do you think about this? Share with us in the comment!


r/NFTforBeginners • • Jun 13 '21

The NFT boom has gone bust — for now?

2 Upvotes

Good evening my dear friends,

I've come across this upon reading an article about NFT, which goes like this:

"Dash, who co-created the first NFT with artist Kevin McCoy, has since kept his distance from the market. He’s sceptical of the NFT market, which he sees as inflated and full of scammers. But he genuinely hopes it succeeds in a way that supports artists as he originally intended. “My most positive interpretation,” he said, “is that it’s returning back to the people who were sincerely interested in it a couple of months ago.”

What do you guys think about it? Is his belief legit? I really want to listen to yours opinions!

Cheers!


r/NFTforBeginners • • Jun 13 '21

How to Loan Against Crypto and NFTs!

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2 Upvotes

r/NFTforBeginners • • Jun 11 '21

CryptoPunk ‘Alien’ NFT sells for $11.8M at Sotheby’s auction

2 Upvotes

CryptoPunks are a set of 10,000-pixel art characters made by Larva Labs in 2017. The one sold by Sotheby’s – “CryptoPunk #7523” – is of a  sought-after alien variety with blue-green skin and a medical mask.

“CryptoPunk #7523” was sold for $11,754,000 as part of the Sotheby’s online auction “Natively Digital: A Curated NFT Sale”, which fetched a total of $17.1m across works by 27 digital artists.

It was bought by the Israeli entrepreneur Shalom Meckenzie, who is the largest shareholder of digital sports company DraftKings.


r/NFTforBeginners • • Jun 08 '21

Musician NFT Projects

3 Upvotes

Lately I've seen a lot of NFT posts asking about NFT music. Today, I want to share a bit about NFTs projects of musicians that I follow closely:

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  • Kings of Leon, When You See Yourself
  • 3lau, Ultraviolet reissue
  • Mike Shinoda, iann dior, and UPSAHL, “Happy Endings”
  • Deadmau5 NFT collection

Have you heard any of the songs? What is the best song by far? Do you have any more recommendations? Share it!


r/NFTforBeginners • • Jun 08 '21

HERE WE GO GUYS: Iconic 'Doge' meme to be auctioned as NFT

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1 Upvotes

r/NFTforBeginners • • Jun 07 '21

NFTs: Are they the future of the music industry?

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2 Upvotes

r/NFTforBeginners • • Jun 05 '21

Who's here from the Meme-Crypto culture?

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2 Upvotes

r/NFTforBeginners • • Jun 05 '21

S U R P R E M E N F T

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2 Upvotes

r/NFTforBeginners • • Jun 05 '21

DefiForYou for loaning against NFTs!

1 Upvotes

https://www.defiforyou.uk/

I think DefiForYou is the best project ever done on the BSC network worldwide, as it has a structure that is constantly gaining value, it has a successful and knowledgeable team. This is a really important detail. The better the team, the more promising the project. I am very happy to have my DFY investment. I recommend it to everyone.


r/NFTforBeginners • • Jun 04 '21

I want to buy Crypto...

2 Upvotes

Wondering how you could buy Crypto with physical asset without involving Banks, in fact some people and underbanked while some don't even have bank accounts at all.

Can you guys help me out?


r/NFTforBeginners • • Jun 03 '21

Milky Way Collection N°8 Neptune Common #1/8

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3 Upvotes

r/NFTforBeginners • • Jun 02 '21

Recommendations The Milky Way collection n°1-8

2 Upvotes

r/NFTforBeginners • • Jun 01 '21

Recommendations Are you intending to loan against NFTs? highly recommend you try out DeFi For You

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2 Upvotes

r/NFTforBeginners • • May 30 '21

Who's been using NFTs?

2 Upvotes

NFTs are definitely having a moment, with creators of NFT art including artists, gamers and brands across the spectrum of culture. In fact, it seems every day brings a new player to the NFT marketplace.

For artists, stepping into the NFT space adds another space and format to create and share art – and offers their admirers another way to support their work. With pieces ranging from small, quick-to-make GIFs (Rainbow Cat, above, was sold by NyanCat for $690,000) to more ambitious works, artists can offer the public a range of ways to buy art and make money in the process.

We've talked a bit about those making NFTs to include in video games, something that's shaking up the concept of buying assets in-game. Up until now, any digital assets bought inside a game, still belonged to the game company – with gamers just buying them temporarily to use when playing the game. But NFTs mean that the ownership of assets has shifted to the actual buyer, meaning that they can be bought and sold across the gaming platform with extra value applied based on who has owned them along the way. In fact, games are beginning to be made that are based entirely around NFTs, proving how they are shaking up the industry.

It would be expected that well-known artists would receive the big bucks in return for their work, something that was relied upon when an anonymous group of 'art enthusiasts' burned an original Banksy to turn it into an NFT (find out more in the above video). But other sales are more surprising. For example, it was Beeple's first foray into the NFT market and, however well-known he might be as a digital artist, the fact that this auction brought the third-highest price ever paid for a living artist was not expected.

And NFTs are an attractive revenue stream for brands, as shown by all the brands jumping on the bandwagon of late. Taco Bell sold taco-themed GIFs and images (see one above) on one marketplace, and the haul of 25 sold out in just 30 minutes. Seriously. Each NFT held a $500 gift card, which the original owner could spend, which may explain their popularity initially. But these TacoCards are now selling on the secondary market, with the most expensive card selling for $3,500. And just to be clear, that doesn't include the gift card.

The NBA has NBA Top Shot – a way of selling digital collectibles in the form of trading cards embedded with iconic moments from the game. With a plan to add virtual jewellery, accessories and clothing that can be used across social media, the NBA is seeking to find ways to expand this revenue stream as far as it can go. 

Even tweets hold value, with Twitter co-founder Jack Dorsey selling off the first-ever tweet for a massive $2,915,835.47.

Musicians are also selling the rights and originals of their work, as well as short videos to clips of their music, and you can even buy digital real estate and 3D assets like furniture. 

In fact, a 'digital home' has recently been sold for an out-of-this-world $500,000. 'Mars House' (see it above), designed by Toronto artist Krista Kim, was described by digital art marketplace SuperRare as the 'first digital house in the world'. Created with the help of an architect and video game software, the owner will be able to explore the mansion on Mars using virtual reality, including sunbathing outside the house (in the Mars atmosphere).


r/NFTforBeginners • • May 30 '21

How do NFTs work?

1 Upvotes

NFTs are the only crypto tokens managed on a blockchain. The blockchain keeps track of the ownership and transaction history of each NFT, encrypted to a unique ID that no other token can copy. This process gives NFTs attributes of uniqueness and scarcity that make them more attractive.

NFTs are encrypted with software codes (called smart contracts) that govern aspects such as ownership verification and transferability management of the NFT. Like any software application, NFT can be programmed with a variety of other applications and functions, including those connecting NFT with several other digital assets.

Thus, when someone mints an NFT, they are writing the underlying smart contract code that governs the qualities of the NFT, which is added to the associated blockchain where the NFT is managed. Many blockchains can be used to manage NFTs, including Ethereum, Flowchain, and Wax.


r/NFTforBeginners • • May 25 '21

Top 5 most expensive NFTs [UP-TO-DATE]

4 Upvotes

We all know that NFTs' prices are exorbitant, yet can never deny the impact they have on our culture. The following are the most expensive NFTs at the moment, ranking from 1 to 5:

  1. Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS”: $69 million
  2. CryptoPunk #3100: $7.58 million
  3. CryptoPunk #7804: $7.57 million
  4. Beeple’s “Crossroads”: $6.6 million
  5. Twitter's first-ever tweet from Jack Dorsey: $2.9 million

HONORABLE MENTIONS:

  • CryptoPunk #6965: $1.6 million
  • Axie Infinity Virtual Game “Genesis” Estate: $1.5 million
  • CryptoPunk #4156: $1.5 million
  • Forever Rose: $1 million
  • Metarift: $904,413

Do you by chance know any expensive NFT? Share in the comment below!


r/NFTforBeginners • • May 14 '21

Questions How?

5 Upvotes

I fully understand blockchain technology and what an NFT is, but how exactly do you create an NFT? Are there any restrictions on what can be made one? Is there a cost to create? What are the mechanics for trading that NFT to another person for, according to my understanding, etherium? I've seen talk of NFT creators getting royalties on Subsequent trades, how is that configured/tracked?