How Much Does It Cost to Launch an NFT Project? Launching a non-fungible token (NFT) project requires strategic planning and budgeting. Depending on key factors like the size of the collection, the blockchain used, and marketing efforts, the costs of launching an NFT project can range from $1,550 to $10,000 or more. I’ve given a detailed breakdown of how much it costs to launch an NFT project below and how to reduce the cost if you’re on a budget. Table of Contents How Much Does It Cost to Launch an NFT Project? Development and Design Expenses Marketing and Promotion Costs Blockchain Platform ..read more

Once you figure out the number of layers you want (background, head, eyes, hair, body, clothing, etc.), you can get a specific number of traits your 10,000 NFT collection has. For example, you need four layers with 10 traits each to create 10,000 NFTs. This is because the number of NFTs you can make equals the number of traits to the power of your layers’ number. For example, 10 ^ 4 = 10,000. But this doesn’t account for unique traits or other rarities.  So, how do you figure out how many traits you need for your 10K NFT collection? How Many Traits Do You Need for 10,000 NFTs? You can app ..read more

Based on security, functionality, and usability, Xverse and Leather currently stand out as two of the best Ordinals wallets to store your Bitcoin NFTs. Both make inscription and general use straightforward. For maximum security, however, a hardware wallet like Ledger or Trezor is recommended. As Bitcoin Ordinals continue to grow in popularity, choosing the right wallet to store your non-fungible tokens (NFTs) securely has become more important than ever. How Do Bitcoin Ordinals Work? A Simple Guide to Bitcoin NFT Revolution In this comprehensive guide, we’ll outline these best Ordinals walle ..read more

Getting verified on OpenSea, the largest NFT marketplace, has become an important milestone for many NFT creators and collectors. The blue verification badge gives credibility and legitimacy to accounts and projects in the NFT space. In this comprehensive guide, we’ll cover everything you need to know about OpenSea verification, including: Why Get Verified on OpenSea? Types of OpenSea Verification OpenSea Account Verification Eligibility OpenSea Collection Verification Eligibility How to Get Verified on OpenSea Step-By-Step Step 1: Request Verification Step 2: Complete Onboarding Form Step ..read more

Bitcoin Ordinals are a new and exciting development in the Bitcoin ecosystem that allows users to create non-fungible tokens (NFTs) directly on the Bitcoin blockchain. Often referred to as “Bitcoin NFTs,” Ordinals are turning SATs (the smallest units of Bitcoin) into unique digital assets and collectibles. In this comprehensive guide, we’ll explain exactly what Ordinals are, how they work from a technical perspective, their key differences compared to traditional NFTs, popular Bitcoin Ordinal projects, and how to inscribe, buy, sell Ordinal NFTs. Table of Contents What Are Bitcoin Ordinals? H ..read more

Many crypto traders are now using cryptocurrency futures grid trading bots to make passive income by automating their trading strategies. Grid bots allow you to buy low and sell high within a preset price range on futures contracts. In this beginner’s guide, we will cover everything you need to know about crypto futures grid bots, including: What are Crypto Futures Grid Bots? Is Grid trading bot profitable? How Do Crypto Futures Grid Bots Work? Advantages of Crypto Futures Grid Bots How to Set Up a Crypto Futures Grid Bot What are the best Futures Grid bots? How risky are trading bots? Tips ..read more

When you mint an NFT, you are essentially creating a new NFT and recording its creation on the blockchain. This confirms your ownership of the asset and generates a permanent digital record.  Minting is what transforms a regular digital file into a verified NFT that can be bought, sold, traded, or licensed. Let’s take a deeper look at what minting an NFT entails. This comprehensive guide will explain everything you need to know. What Is Minting an NFT? How Do You Mint an NFT? What Happens When You Mint an NFT? How to Tell if an NFT is Minted What Happens After an NFT is Minted? Legal an ..read more

Crypto airdrops have exploded in popularity as a way for new projects to distribute tokens and gain attention. However, the hype around free crypto drops has given rise to fake airdrops designed to steal users’ information and funds.  It’s essential to learn how to identify fake airdrops so you don’t fall victim to scams. This article provides tips on how to spot fake crypto airdrops and signs that an airdrop is likely legitimate. For background on what crypto airdrops are, see our guide on how crypto airdrops work. Now let’s dive into how to tell real airdrops from fake ones. How Fake Cr ..read more

TL; DR Crypto airdrop scams are on the rise as promoters increasingly rely on giveaways. Fraudsters impersonate real projects and direct users to phishing sites to steal funds. Tactics like fake social media accounts, malicious smart contracts, and baiting FOMO are common. Following security best practices helps users identify and avoid most scam attempts. With proper precautions, crypto enthusiasts can safely participate in legitimate airdrops. Crypto airdrop scams have become increasingly common as blockchain projects rely on token giveaways to gain attention. Scammers leverage the hype ..read more

TL; DR Airdrops in cryptocurrency are free distributions of new crypto coins and tokens to jumpstart awareness and adoption. Main types are holder airdrops, bounty for tasks, smart contract drops, exchange/wallet drops, and fork coin drops. Benefits include free crypto for recipients and bootstrapping community usage for projects. To get airdrops, hold major coins, use services with drops, follow news. But beware scams and tax implications. What is Airdrop in Cryptocurrency? A crypto airdrop refers to the free distribution of new cryptocurrency tokens or coins to a specific group of potent ..read more