Artwork is Being Stolen and Sold as NFTs: What Can We Do?
WazirX Blog » NFT
by Rony Roy
1y ago
Note: This blog is written by an external blogger. The views and opinions expressed within this post belong solely to the author. NFTs are not only the trendiest thing in the world of blockchain, but they are also permeating the worlds of art and pop culture. Jack Dorsey’s first tweet was sold as an NFT for millions of dollars, renowned auction houses like Christie’s are selling NFTs, and Paris Hilton recently made a video describing what they are. Furthermore, digital artist Beeple made the headlines when he sold one of his NFTs for a whopping $69 million. In simple terms, NFTs have been ma ..read more
Visit website
Hunt for the right NFT – Classifying NFTs’
WazirX Blog » NFT
by Rony Roy
1y ago
With the help of Colexion, a digital collectibles website, cricketer Yuvraj Singh debuted his Non-fungible token (NFT) collection in December 2021 in order to give back to his adoring fans some of the most memorable moments of his career. Yuvraj Singh’s famous bat, which he used in his first-ever century against Bangladesh in the 2003 ODI match in Dhaka, was propelled into space by a hot-air balloon from Earth. Fans can now buy a replica of the cricketer’s 1st-century bat and a 3D model of him from the NFT listed. Collectors of Yuvraj’s NFTs will be able to follow his life’s journey through ..read more
Visit website
Top 5 Cryptocurrencies to Buy in India in November 2021
WazirX Blog » NFT
by Shashank
1y ago
Note: This blog is written by an external blogger. The views and opinions expressed within this post belong solely to the author. Cryptocurrencies are no more a digital fad. Instead, they support millions of use cases, power platforms, and house projects such as DeFi (Decentralized Finance), DApps (Decentralized Applications), DAOs (Decentralized Autonomous Organization), NFTs  (Non-Fungible Tokens), video gaming platforms, and P2P( Peer-to-Peer) payment systems – the future technologies and protocols that are going to take over the digital space soon. The global cryptocurrency market i ..read more
Visit website
A Closer Look at the Loot Project
WazirX Blog » NFT
by Saudamini Chandarana Bhat
1y ago
Let’s talk about the latest launch of an NFT project, this time by Vine’s co-founder – Dom Hofmann – and what it says about the current trend of technology and cyberspace evolution. While you might be aware of the impressive sales numbers of NFTs from time to time, namely the Nyan Cat meme that sold for $600,000 and $5.8 million for an artwork by Grimes, amongst others, the NFTs shifted out of the headlines for a brief period of time, but the number of people creating, buying and trading these NFTs still continued to grow. Don’t know about NFTs and how they work? Check out this guide to unde ..read more
Visit website
7 Features And Benefits Of WRX Token For Indian Traders
WazirX Blog » NFT
by WazirX Content Team
1y ago
The WRX Utility token is the backbone of the WazirX ecosystem, the fastest-growing crypto exchange in India. The token has been issued and is circulated over the Binance Chain, the native blockchain of the Binance crypto exchange. WRX tokens have a limited supply of 1 billion, 10% of which would be burned in the future to strengthen its dynamics. WRX was introduced to involve the WazirX community in helping to build the platform and get rewarded accordingly for contributing to the platform’s success. The founders intend to evolve the use-cases of the native coin to enhance its worth further ..read more
Visit website
NFTs – The Future Store of Value?
WazirX Blog » NFT
by Anisa Batabyal
1y ago
NFTs are the most creative use case of crypto, and as much as its adoption is surging, there’s a high chance it will be marked as unstoppable. NFTs are onboarding a new set of demographics into the crypto space, and now it’s quite the craze! The global market for NFTs surged to newer highs, with around $2.5 billion sales so far this year, compared to $13.7 million in the first half of 2020. The pandemic accelerated the NFT boom, but youths driving it was inevitable. In the current scenario, digital creators are embracing NFTs as their long-lost baby. Not only that, influencers like Jack Dors ..read more
Visit website
Ten NFT/Crypto games to keep an eye on in 2022
WazirX Blog » NFT
by Rony Roy
1y ago
As a leader in the play-to-earn (P2E) sector, Axie Infinity has demonstrated to the world the potential of blockchain gaming. NFT games based on the Axie-textbook model quickly appeared after Axie’s rise to stardom, many of which put their own spin on the concept. As a result, a diverse selection of new games has been created that appeal to a wide range of players. In this article, I will discuss some existing and upcoming games that have sparked the interest of the community. 1. StepN STEPN is the first fitness game in which players may earn money just by moving around rather than by playin ..read more
Visit website
A Comprehensive Guide To Minting NFTs
WazirX Blog » NFT
by WazirX Content Team
1y ago
Non-fungible tokens, or NFTs, are unique digital assets and cannot be replicated or duplicated. Unlike traditional digital collectibles, NFTs are stored on the blockchain and are completely decentralized. Unlike traditional cryptocurrencies such as Bitcoin or Ether, NFTs represent unique digital items. NFTs can be used in a variety of ways, including video game items such as weapons or characters.  Unlike traditional cryptocurrencies, NFTs do not simply represent a single unit of currency. NFTs are decentralized and are issued by the community through a process known as “minting.”. What ..read more
Visit website
How to Buy ApeCoin in India
WazirX Blog » NFT
by WazirX Content Team
1y ago
Meme coins and NFTs are two of the hottest topics in the crypto world today. The Bored Ape Yacht Club (BAYC) is probably one of the most prominent NFT collections around the world today. The team behind this famous Web3 project has successfully consolidated some of the most valuable NFT collections, including the Mutant Ape Yacht Club (MAYC), since its inception in April 2021. Due to the massive popularity of the Bored Ape Yacht Club, its governance token, ApeCoin, has been one of the most popular cryptocurrencies, with a market capitalization of $3.37 billion, since its launch in March 2022 ..read more
Visit website
The Pros and Cons of NFT Art
WazirX Blog » NFT
by Harshita Shrivastava
1y ago
It’s obvious to assume that we’ve all heard of “NFT.” But what precisely is it, and what are its pros and cons? What are NFTs? NFT refers to “Non-Fungible Token,” which has two essential functions: The “non-fungible” characteristic refers to the fact that it is the only uncopiable form of the asset. You might think of it as each NFT asset possessing its digital footprint, with the bit of individuality of each project having its worth. Next, we’ll examine the “token” side, which refers to the NFT asset’s evidence of ownership. When you purchase an NFT, you obtain a token or proof of ownership ..read more
Visit website

Follow WazirX Blog » NFT on FeedSpot

Continue with Google
Continue with Apple
OR