Archive for Redaccion

blockchain-for-everyone

Binance launches free online Blockchain course with NFT certificates

The cryptocurrency crisis is not an obstacle to continue learning about them and all they have to offer because the more people know how crypto works, the easier it will be to avoid scams, frauds, and collapses. Binance takes action Binance, the world’s largest exchange, has Binance Academy, which has just launched a free online course called “Blockchain for Everyone”. Successful completion of all six modules of the course will award a non-fungible token (NFT) certificate. These are the following modules: Blockchain Fundamentals The opening course is planned to be followed by the launch of intermediate and advanced levels in the future, as well as professional certificates for students aspiring to careers in the Blockchain and crypto space. Binance’s chief marketing officer, He Yi, explained that: “The blockchain industry is still in its nascent stage. Many new concepts are coined, such as NFT and metaverse. We believe that creators and builders shape the future of our industry. Therefore, empowering more creators and builders with knowledge is key.” This is not the first course offered by Binance, but it is the first to award NFT certificates. Conclusion This is an effort to bring back the crypto ecosystem. In addition, Binance announced days ago the Binance Recovery Fund for serious crypto projects facing a liquidity crisis. Hopefully, this will motivate other platforms to opt to teach people more about the crypto world and motivate them to enter this world that has a lot to offer.

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NFTs-on-OpenSea

How to promote NFTs on the Open Sea?

OpenSea is the largest platform for buying and selling NFTs. In OpenSea there is no space to promote your NFT, but here we will share with you some tools that will help you build trust with the community members who will buy it. The marketing of an NFT plan is paramount to the success of the author, so you must first design a comprehensive strategy to promote your work and get the best results. Share your work on social networks Organic traffic could be channeled by complying with a comprehensive social media marketing strategy. Quality social media content should integrate properties of the NFTs and previews of upcoming works to produce interest and expectations. Creators also can share educational content to drive users to purchase their NFTs on OpenSea. Conduct Airdrops Sweepstakes are especially effective in the situation of NFTs, as a cheaper series can be issued en masse and deployed for a larger cost return in terms of promotion. Here are some tips for running effective sweepstakes: Schedule the sweepstakes about a week before the planned launch, thus producing hype and FOMO. Tag the NFT marketplace you are using, in this case, OpenSea allows the NFT marketplace to share your content. Host an AMA/Live Broadcast Communicating directly with the audience through AMAs or live broadcasts is a great way to generate connections and move a sense of live assignment by allowing users to ask questions and get answers. Start with a list of 15 questions with the most interesting answers, to make your followers feel special. Limit the session to between 30 and 45 min, so that it is not too long and your followers lose concentration. Collaborate with Influencers This approach offers users the likelihood of giving constructive criticism and a better rapport with both artists and influencers, in a win-win scenario. Conclusion Connecting with society is key to the famous marketing of any crypto asset, as making the population feel part of a greater whole and as individuals, is the best and unique way to engage in interaction. At The Blue Manakin, we can help you create a complete plan to get people to your OpenSea page.

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mercado-pay

The purchase of cryptocurrencies through Mercado Pago is a fact in Mexico

Mercado Libre is one of the Fintechs with a presence in well over a dozen territories in Latin America. It launches the purchase, marketing, and saving of cryptocurrencies through its payment wallet in Mexico. Territories with Mercado Libre The fact that Mercado Libre gave the green light that now Mexico will be given the service of buying cryptocurrencies through its payment application Mercado Pago. Some of the territories where they are present in Mercado Libre would be the following: Territories such as Brazil, Argentina, Colombia, and Ecuador (ranking seventh (7), thirteenth (13), fifteenth (15), and eighteenth (18) respectively). First came Brazil Brazil is positioned in seventh place in the analysis that started with this service’s use for the purchase of 3 cryptocurrencies: USDP, Bitcoin, and Ethereum. Despite repeated statements in print and audiovisual media about the adoption of cryptocurrencies, it showed with this accession through Paxos that the crypto market is now part of its portfolio of services which that same week would activate the purchase and trading of cryptocurrencies from the mobile application. Mexico with a new way to buy cryptocurrencies The minimum purchase is one peso, so it is also an offer for the Mexican public, which has been growing in the adoption of cryptocurrencies. In Mexico, the use of both huge cryptocurrencies in the market, Bitcoin and Ethereum, predominates. The same metric suggests that the market for cryptocurrencies currently in Mexico is 12 million individuals, which points to a fairly large market to lump into the company’s payments network. Mercado Pago appears to be exclusive with the minimum purchase choice of one peso. It is still unknown whether it will extend the offer of cryptocurrencies in the territory, and will follow in the footsteps of the large South American because Brazil is available in addition to Bitcoin and Ethereum, the stablecoin USDP.

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apple-pay

Apple enables Crypto Payments via USDC

Circle, the company behind USD Coin has added support for crypto payments via Apple Pay. iPhone users will now be able to buy cryptocurrencies such as Bitcoin and Ethereum on their favorite exchange using Apple’s wallet, making it easier for non-cryptocurrency customers to get a taste of this world. Circle further commented that Apple Pay is a safer and faster way to pay, because “customers will no longer have to create an account or fill out lengthy forms.” Who is this feature available to? This payment option is available to users at select businesses and the process of activating this is simple. Thanks to Circle, customers can pay online and in apps using their iPhone, Apple Watch, iPad, and other compatible devices. How to use USDC in Apple Pay? From Circle’s website we can see that the steps to start trading with USDC on Apple Pay to carry out would be as follows: Conclusion: In this way, Apple is integrating itself into the world of cryptocurrencies despite the recent events of the FTX cryptocurrency exchange. Hopefully, this move will lift confidence again in this bear market.

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instagram-NFT

How can I publish NFTs on Instagram

It has been known for a few months now that Instagram had started testing the sharing of NFTs on its platform, leaving only a few users this service as a test. In August 2022, the social network expanded its testing to 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas, and added support for popular wallets such as Coinbase and Dapper. Are there any benefits of uploading NFTs to Instagram? Integrating NFTs on Instagram allows users to connect to their wallets and choose which NFTs to share with their followers by pinning their possessions to their feeds. Once the NFT is published, a shiny effect is added to the image and displays information such as a description of the collection, the piece, or the tagging of the creator, thus indicating the authenticity and ownership of the asset. How to post your NFT on Instagram The publication of NFT may be an option that at the moment you don’t have active since this is still for a handful of accounts, so what we will explain below would be how these accounts have to do it. Now you can go to check if your account has the option, if not, don’t worry, it will come. Finally, once you have published your NFT, you will be tagged as the owner or creator of that collectible and the rest of the users will be able to see your digital collectibles in the feed, in your profile, and through the Explore page of the platform. We hope this guide will be helpful if you are one of the lucky ones who already have the option to publish your NFTs on Instagram.

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FTX-debate-in-labitconf

FTX Crisis Ignited Debate at LaBitconf, Latin America’s Largest Bitcoin Conference

The collapse of Sam Bankman-Fried’s empire has been the talk of this year’s LaBitConf in Buenos Aires. Latin America’s largest cryptocurrency conference, LaBitConf 2022, began on Friday and ended this weekend. The hysteria even caused Ethereum co-founder Vitalik Buterin surely the conference’s most recognizable speaker to give a surprise talk at the start of its premier event in which he compared the Sam Bankman-Fried to a “1930s dictator.” The fall of the FTX CEO Bankman-Fried, whose cryptocurrency empire went up in smoke this week, is under investigation for “criminal conduct.” This alarm has caused other cryptocurrency Exchanges and organizations to look for ways to show their consumers that the same will not happen to them. At LaBitConf they had ready answers. Many of the top crypto people in Latin America shared responses to what has happened, below we share them with you: Mexico-based Bitso: spoke to Decrypt about the debacle. BitGet operations manager Mario Iemma commented that the crisis may be a possibility: the Singapore-based exchange, which runs the derivatives market in the area, made known a new system that makes it possible for users to see the exchange’s liquidity at all times. The CEO of blockchain organization Koibanx, Leo Elduayen, mentioned on stage that we need to “open our eyes” to organizations like FTX and Celsius that went under earlier this year and recognize that they are not true Web3 organizations. Buterin added that “this year we just saw a huge set of things,” referring to the collapse of several cryptocurrency projects and hacks. “It’s the things that break because they have a model, and that model is pretty much bad,” he commented. “And the other is things that are broken as there is no trust in the model at all, but in a guy.” Conclusion: As regulators and law enforcement investigate what indeed led to the FTX collapse, everyone seemed to be in consensus on one thing at this year’s LaBitConf: the cryptocurrency sphere requires being very careful about whom you give your money.

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cryptoarena

Withdrawals at Crypto.com increase after its CEO admits a transaction problem

Many users decided to withdraw their funds from Crypto.com over the weekend after the company’s CEO mentioned that the cryptocurrency exchange had mishandled a transaction of about $400 million. Crypto.com CEO Kris Marszalek commented on Twitter that the transfer was sent to the wrong type of account on another exchange. Fear runs fast Concern over Singapore-based Crypto.com spread across the Internet over the weekend, with prominent digital currency figures aiming for the company. Changpeng Zhao, CEO of Binance, Crypto.com’s most enormous organization, appeared to question the nature of the transfers without naming the company, which may have fueled Sunday’s withdrawals, according to cryptocurrency industry players. Marszalek dismissed concerns about Crypto.com, tweeting later Sunday that the October transfers had “created both fear, uncertainty, doubt and speculation on Twitter” weeks later. Several users have withdrawn their cryptos with values in the millions. On Sunday, users withdrew a net cost of $14 million worth of the cryptocurrency ether and $39 million worth of other tokens linked to the Ethereum network from Crypto.com. Throughout that same time, Crypto.com moved $33 million of other wallets to satiate consumer demand, according to Argus. Firngía that Crypto.com possessed sufficient funds to satiate user withdrawals, mentioned Owen Rapaport, co-founder of Argus. Crypto.com is a medium-sized exchange. The transaction that caused concern for Crypto.com involved the transfer of 320,000 ether or about $400 million of the token at the time to a wallet associated with cryptocurrency exchange Gate.io on Oct. 21.

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shibarium

What is the new Shiba Inu Blockchain, shibarium?

We all know the Shiba Inu token “SHIB” which is a coin that had an unexpected growth, causing profits of thousands of dollars to many people but today is classified as a shitcoin. The token, like many other cryptocurrencies, is not going through a good time due to the great fall of Bitcoin. Shiba has come as a “lifesaver” that can give a boost to the currency, we are talking about Shibarium, a solution that will give greater utility to the token. What is Shibarium? Shibarium is a new and independent blockchain, which will allow SHIB users to make faster and low-cost transactions since the SHIB blockchain is currently on the Ethereum network. All current tokens will be moved to this new Shibarium network and this is expected to cause the price of the token to go up, which gives quite an interesting investment opportunity. At the moment it is not known when Shibarium might be available, but it has been tasted that it is in development, possibly we will see more news near the end of the year or in the first quarter of next year. What is certain is that the launch of Shibarium has generated anticipation among Shiba investors. That is why once it is launched it is likely to be very well received by the community. Should I invest in Shiba Inu? With the fall that cryptocurrencies and Shiba Inu’s suffered much earlier it is normal for many to wonder if it is worth investing. It is expected that with the launch of Shibarium could come an increase in the price of the token, so taking advantage of these low prices could generate good profit in the future. Where can I buy SHIB? Shiba despite its price is still a popular coin so you can find it on all the popular exchanges out there. It would only remain for you to choose which one is your favorite or the one that offers you good stacking yields to generate some extra cash while Shibarium arrives. Conclusion Undoubtedly Shibarium can bring SHIB back to life, just like Elon Musk’s purchase of Twitter has revived Dogecoin and even gave a small boost to Shiba. However, this post is not an investment recommendation, so it is important for everyone to do their market analysis and not invest money that we cannot afford to lose. That is why we invite you to investigate more about Shibarium and see what new utilities they will be able to offer you for being a SHIB holder.

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FTX goes down

FTX crashes and drives cryptos lower

Bitcoin on the edge of $16,000 has reached a new low, just a year after its all-time high, causing many investors to fear for the safety of the market in the face of the collapse of one of the biggest traders. The bankruptcy of FTX has created a crisis of confidence in the crypto world that is reminiscent of the previous fall we had this same year due to situations such as the collapse of Luna, the crypto fund Three Arrows Capital or the Celsius platform. Binance is the main cause The crypto asset platform Binance announced on Tuesday its intention to acquire its competitor FTX. This deal has been presented after the publication of FTX’s liquidity problems, which was unable to overcome a $6 billion disbursement wave in just 72 hours. Further falls for cryptocurrencies The announcement has once again sparked fears in the crypto world, which has taken many hits this year from the threat of recession. The crypto winter flares up just as it marks the first anniversary of bitcoin’s all-time highs. Community fears The fall of FTX recalls the fear that the liquidity problems and the lack of security in cryptocurrency trading are alerting the big players in this world and people feel the need to withdraw their funds thus causing massive falls. The fear of bankruptcy of this platform has swept the market in recent weeks. FTX has acknowledged that since last weekend they had recorded heavy outflows. In addition, its crypto asset, FTT, plummeted 70% on Tuesday. Conclusion: We have to be always aware of the things that happen in the world of cryptocurrencies because as we can notice from this blog is that a simple movement can cause market crashes. This is why we invite you to follow our blog as we always publish the latest news about this world.

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beeple and solana

Beeple to bring immersive 3D NFTs to Solana

We’ve talked about Beeple before, this is one of the most buzzed-about NFT artists in this world and he will soon be part of Solana, as he has shared the future of streaming with immersive 3D NFTs. The CEO of Metaplex Studios, the body behind Solana’s NFT standard, made the announcement on November 6 during Solana’s Breakpoint conference in Lisbon. Beeple: The Picasso of NFTs Mike “Beeple” Winkelmann is an American digital artist whose most popular NFT collections are “Everydays: The First 5000 Days” and “Human One.” The famous British auction house Christie’s where he has sold his works commented about him, “His visionary and often irreverent digital paintings have encouraged him to the top of the digital art world.” In March 2021, Christie’s auctioned “Everydays: The First 5000 Days,” his first purely digital artwork on blockchain, for $69.3 million. It became the second most expensive NFT ever sold. A new way of looking at NFTs Users will be able to create their own NFTs with a Beeple Everyday using a random set of objects. Beeple has moved to Solana through Metaplex and the Render Network. The Render Network offers a decentralized, peer-to-peer platform with remote rendering power for creators. Beeple was recently sounded off as it announced the construction of a digital art studio in Charleston, South Carolina. The space will be used to create and share digital artwork, with the goal of exposing NFTs to new audiences. Is the NFT industry in decline? While most NFTs are 2D, 3D NFTs are slowly becoming known. However, from a financial standpoint, NFTs are declining at an alarming rate. According to DappRadar’s October 2022 report, the trading volume and number of NFT sales each declined by 30%. But this does not mean that business can still be found in this, besides the future of crypto projects goes beyond their price. Anyway, we do not make financial recommendations but invite everyone to make their own analysis before investing and never invest an amount of money that we cannot afford to lose.

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rupee cryptocurrency

India launches its digital rupee

The Reserve Bank of India is becoming one of the first central banks to launch a pilot project for the creation of its virtual currency. The banking regulator comments that the pilot project for a retail version of the digital rupee will be launched in a month. While there have been a few test cases of CBDC, India is one of the first major economies to launch one for the wholesale sector. “The objective is to ensure that the operational part is fully functional before delving into other use cases and distributed ledger technology (DLT), which will come at a good time.” The regulator also said that settlement in central bank money would reduce transaction costs by avoiding the need for settlement collateral or collateral infrastructure to mitigate settlement risks. “In the future, other wholesale transactions and cross-border payments will be the focus of future pilots, depending on the learnings from this pilot,” the monetary authority said. The launch of the first pilot in the Digital Rupee-Retail (e-R) segment is scheduled in a month at selected locations in closed user groups comprising customers and merchants. What is the Digital Rupee? The Indian state-owned cryptocurrency will be used for transactions in the secondary market for government securities. The digital rupee can be used from November 1 “in the settlement of transactions in the secondary market for government securities”, i.e. investment products issued by the Indian state, the RBI said in a statement on Monday. According to the Indian bank’s finance minister, Sitharaman commented that blockchain technology it will give a big boost to the digital economy and lead to a more efficient and cost-effective currency management system. Is it possible to invest in the digital rupee? The idea of a cryptocurrency is that it is independent of any third-party institution. So one of the first differences to consider is that the future Indian currency will follow the regulations established by the RBI and its value will be equivalent to that of the real rupee. At present, several Caribbean countries and Nigeria are the only ones that have officially approved this method of payment, through a virtual version of their currency. Other nations, such as China, have launched pilot projects to evaluate the potential of this practice. It is because of the above mentioned that this cryptocurrency will function more than as a currency to invest and get a utility, it will function as a Stablecoin and a crypto payment method with service utilities offered by the bank of India.

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google-and-solana

Google becomes a Solana validator

Google Cloud, made it known Saturday that it is now running a validator on the Solana blockchain and quickly adding functionality aimed at welcoming Solana developers and node brokers. In a Twitter thread, Google Cloud revealed that, in addition to running a Solana validator “to participate and validate the network,” it is planning to bring its Blockchain Node Engine to Solana in 2023. “We wish to one-click to carry out a Solana node in a cost-effective manner,” Google’s Web3 product manager Nalin Mittal commented at the Solana Breakpoint conference in Lisbon. Google Cloud further made it known that it is now indexing Solana data and adding it to its BigQuery data repository, a move that will “make it easier for the Solana developer ecosystem to get into historical data.” Mittal added that Google Cloud is bringing its credit program to “select startups in the Solana ecosystem” with up to $100,000 in Cloud Credits accessible to applicants. On stage at Breakpoint, Solana founder Anatoly Yakovenko celebrated Google’s “huge encouragement” in adding Solana to BigQuery.

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twitter-wallet

Twitter is developing its own wallet for depositing and withdrawing cryptocurrencies

Twitter is set to dive further into the world of cryptocurrencies with its wallet that will let users make cryptocurrency deposits and withdrawals. Cryptocurrency adoption is on the rise as organizations across the globe continue to increase their efforts to make it easier for people to access digital assets. A New Wallet On October 25, stability researcher Jane Manchun Wong revealed that Twitter is doing work on a wallet of its own that will accept cryptocurrency deposits and withdrawals. For 2 years, Twitter has introduced numerous functionalities regarding cryptocurrencies along with the accession of decentralized applications (dApps) on the web3. Big plans for cryptocurrencies Earlier this year, online payments organization Stripe enabled functionality that allowed Twitter users to receive payments in stablecoins. “We want everyone on the planet on Twitter to have access to avenues to receive payments.” In May, Binance, the world’s largest cryptocurrency exchange, pledged to invest $500 million in Twitter along with the purchase of part of Elon Musk. The Binance collaboration could bolster Twitter’s attempts to build a cryptocurrency-friendly social media platform.

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IG-NTF

Facebook and Instagram to support Polygon and Solana’s NFTs

Meta, the company of Mark Zuckerberg has announced a set of end-to-end tools that will let its users mine NFTs, on the Polygon blockchain. They announced at Creator Week 2022, in which the social media company said it would allow its creators to make “digital collectibles” and sell them “both on and off Instagram.” According to Meta, it will first a small group of selected creators in the USA are going to be able to test the novel features, make their digital collectibles, and sell them both on and off Instagram. “Meta will not charge fees for producing or selling digital collectibles until 2024 and at launch, we will cover blockchain fees for buyers,” said Stephane Kasriel, director of business and financial technology at Facebook’s parent company. Still, Meta has not announced how high the commission it plans to take from NFT sales beyond 2024 will be or what its royalty system for creators will look like. The company led by Mark Zuckerberg already supports the Ethereum, Polygon, and Flow blockchains.

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dogecoin-and-elon

Dogecoin rallies on Elon Musk’s purchase of Twitter

Dogecoin’s cost has had an intense foment as Twitter’s purchase by Elon Musk approaches. The most representative meme cryptocurrency in the entire market is rising throughout a general recovery throughout this bearish year. And the foment could be being created, again, by billionaire Elon Musk. The chatter revolves around Musk’s purchase of the social network Twitter, which is reportedly close to fruition. Not only was Musk historically a public protector of cryptocurrency, but it is rumored that he will use it as a currency on the social platform. In recent days, Musk changed his Twitter specification to self-define himself as the leader of the social network (“chief twit”), and this Wednesday, October 26, he stopped by to see the company’s headquarters in San Francisco, USA. Musk and his dominance of the cryptocurrency market Not only one of his organizations, the electric vehicle manufacturer Tesla, has bought bitcoin for its treasury. In addition, the tycoon himself has opined on the pioneering cryptocurrency and has become involved in the debate about mining and its environmental effect. In one situation he achieved joking about being the CEO of the cryptocurrency, offered help to the developers of the plan, and in a sketch on the famous comedy show Saturday Night Live, mocked DOGE and labeled it “a scam”. His words have on many occasions moved the cost of Dogecoin, Bitcoin, or even another meme cryptocurrency, Shiba Inu.

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NFT-colections

How to create your NFT collection business

Starting from The first entirely digital artwork, an NFT made by the artist Beeple, which has been auctioned at the English auction house Christie’s for around $70 million, non-fungible tokens have made their way to new beginnings and ways. In this way, digital art assets in the NFT market, invent financial opportunities for unknown artists, auctioning or selling their works in a universal and decentralized market. What is an NFT in the art market? They are tokens stored on the blockchain, with a unique value and that cannot be copied. These are shown as a key and important aspect in digital art, where the assets do not remain represented by a physical object, but by the digital object or work. What is an NFT in the art market? If you want to start having your business as an NFT artwork artist or a collection these points can help you: How to produce your NFT collection? Once you have taken into account the previously mentioned points, the process to produce your NFT collection is quite simple, depending on the platform, however, the interface is very similar in the recent Marketplaces: Finally, you will need to choose all the components in the assignment with the blockchain, capable contracts, fees, commissions, choose a marketplace or produce your own}. Here at The Blue Manakin, we can help you find the approach you need for your NFT collection, create it with us.

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reddit-NFTs

Reddit NFTs are exploding

Reddit’s non-fungible tokens took all the attention in the cryptocurrency markets this week after producing $2.5 million in daily trading volume and promoting 3 million individuals to subscribe to the social media platform’s NFT wallet, Coinbase (COIN) said in a report Wednesday. NFTs NFTs are digital assets on a blockchain that represent ownership of virtual or physical items that have the potential to be sold or traded. “Facebook, Instagram, and Twitter possess NFTs integrations, however, those initiatives remain focused on ‘flaunting’ purchased NFTs on marketplaces and being able to increase preferred ones as a profile picture,” the report mentioned. Reddit’s partnership Reddit’s tactic additionally focuses more on its partnership, due to the fact it gives extra functionalities to NFT owners and supports creators, the note commented. It is giving away (or giving away) NFTs to the most active users of the platform. Even as trading volumes of NFTs plummeted this year, dropping 97% from the January peak, Reddit’s triumph shows the potential such tokens hold, the brief stated. So successful have they been that the company is even teasing its next collection of Halloween avatars.

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create-NFT

How can you create NFTs?

Learning how to generate an NFT is important if you want to take advantage of the benefits of virtual assets to make money. How to generate an NFT? To generate an NFT you need to follow certain steps since these tokens use different areas of knowledge such as computer science and programming to marketing. Because of this, as a first step you will have to take your time to decide what is going to be the subject of the token, and then continue with the other steps. The next steps would be to choose the platform you will use to have your NFT or collection and the wallet you will want to use. All this will give you different properties that you will have to contrast with the goals of your plan to determine if it is the best choice. What does it mean to mint NFT? Before you start generating an NFT it is essential that you first mint your document to a blockchain. Once we talk about minting we are referring to a method in which a digital file is converted into a crypto collectible. This process is very similar to the one used to produce cryptocurrencies that will later be released to the market. Afterward, you will decide how many NFTs you will mint, and then you will have to make the transaction to continue the process, this step being necessary to have a popular NFT. Characteristics of a successful NFT Making a famous NFT needs time, money, and effort, so it is not something that happens quickly. According to several specialists, the most relevant thing about an NFT is that it has the personality to differentiate it from the competition because nowadays there are many similar projects. At the same time, this assignment is related to the design of all the collectible works that the plan will have and the effort to be the most eye-catching and viable. What are the best programs to produce NFT? Currently, there are several programs to generate your NFT and each one has properties that you should evaluate before making a final choice. The most popular is undoubtedly OpenSea, which is the most used at the moment, to the point that it allows us to develop projects from scratch or generate a marketplace to sell them. There are other platforms but this is where you need to investigate which one is the best for your project. Steps to produce your NFT Once you have created your account on the site of your choice, the next thing to do is to upload your document to the web. You will have the ability to upload from melody, videos, photographs, and more. Then, you can decide how many units of the file you want to mint, although this will depend on the properties of each platform. Now, if you want to sell your collection, you will have to go to the ‘profile’ section and choose the one you want to market. In addition, you are likely to choose the duration of the marketing or reserve the plan for a specific buyer. As it is, once you create your NFT a huge amount of modalities open up for you to take advantage of. Conclusion: Here we have left you with the steps normally used by a person who is going to generate NFTs of the things they do, this can be an artist or a private person. There is also the option of hiring a marketing agency. Here at The Blue Manakin, we support you to turn the idea of your collection into reality, contact us.

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blur

Blur launches marketplace for NFTs

A new Ethereum NFT marketplace has been launched, its name is Blur and it is VC-backed. Its main feature is that it promises cryptocurrency airdrops for its buyers. This platform is going to have its token named BLUR and it is also the asset they will use for airdrop and rewards. In assignment to the rewards for selling NFT, the marketplace has indicated that its users are going to have 3 levels. For those who choose to pay “partial royalties” and “full royalties”, the best rewards in the marketplace will be available. However, Blur has explained that the beneficiaries are not going to be able to open the airdrop and enter their gift until January 2023. Blur is a new NFT marketplace for professionals. By January next year, this digital asset will become the governance token of the new marketplace. On their official website, they indicated that users will be provided with analytics tools such as a sum functionality, portfolio research, and market rates. “Blur will be used to trigger disclosures faster than anywhere else,” they said in their launch report. In it, they further announced that certain of the merchants selected for the airdrop could receive an NFT of those accessible on the marketplace. It should be noted that this digital marketplace for non-fungible tokens has been in Beta for about a year.

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NFT-investment

Are NFTs a good investment?

The idea of any investment is to ultimately achieve a return. The same applies to the NFT market, the dynamics of NFTs are different. A survey of over 1,300 people by DEXterlab on Twitter has shown that most people who dive into NFT investing want to trade assets to make money. But to make a profit depends a lot on predicting the right time to make purchases and liquidations. The survey results show that more than 64% of the participants invested in NFT for the sole purpose of making money. But that only the remaining 42% achieved a highly profitable result from their investment in non-fungible tokens below 42%. Sense of ownership Another result obtained was that 15% of the respondents only wanted to belong to the NFT community. Examples of this are the largest NFT community Bored Ape Yacht Club which has several celebrities as members. Regarding the prices of NFTs, different people have different preferences. But the survey participants mentioned that they would opt for a modest price range of $50 to $500 per NFT. Conclusion: Currently, the bear market has driven down the prices of NFTs. Although some collections did not suffer so much from the price decline, others have lost quite a bit. So it is important to consider that although you can still make money with NFTs, the profit will no longer be the same as in the bull market. So we recommend that you look for an investment that gives you more than just the price.

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