#like you can't PLAY with an NFT you could just buy or sell them and say 'look I bought or sold this'

[blujayonthewing]

the problem with AI is that it sucks shit but its benefits are actually tangible; every idiot on the block wanted a piece of NFTs and crypto but they still died quickly because they just didn't have legs to get anywhere beyond the immediate unspecific hype, but companies very much can lay off a bunch of artists and writers who take days or weeks or months to work and replace them with a guy who can shit out AI trash in five minutes

[shubham204]

Beyond Beeple's Millions: How NFTs are Changing Everything From Video Games to Watches

Imagine a world where digital art can sell for millions, concert tickets can't be forged, and your favourite video game sword can be sold to another player for real money. That's the world of NFTs, and it's not just science fiction anymore. NFTs, or non-fungible tokens, are a type of digital certificate stored on a blockchain, a special kind of digital record-keeping system. Unlike Bitcoin, where one Bitcoin is the same as any other, each NFT is unique and can't be replicated. This makes them perfect for proving ownership of digital assets like artwork like Cryptopunks, music, or even in-game items.

But NFTs are about way more than just fancy digital art. Let's dive into how this technology is transforming businesses of all kinds:

1. Tracking Your Fancy Watch from Factory to Wrist

Imagine buying a luxury watch. How can you be sure it's real and not fake? NFTs can help! An NFT can be linked to the watch, containing information like where it was made and who owned it before you. This makes it nearly impossible to counterfeit, and you can easily track the watch's history. No more worries about buying a fake Rolex! 2. Buying a House with a Click (or a Tap)?

Buying a house can be a complicated process with tonnes of paperwork. NFTs could change that. An NFT could hold all the important information about a property, like its size, location, and ownership history. This would make buying and selling houses faster, easier, and more secure.

3. Protecting Your Digital Identity

In today's digital world, our identities are constantly at risk of being stolen. NFTs can help keep us safe. An NFT could be linked to your online identity, proving who you are. This would make it much harder for hackers to steal your personal information. 4. Owning Your In-Game Items (and Maybe Making Money Off Them!)

Ever spent hours grinding away in a video game to get that super-rare sword? NFTs can make those items actually yours. With NFTs, you could own your in-game items, like weapons, outfits, or even virtual land. This means you could sell them to other players for real money, opening up a whole new way to make money from gaming. 5. Tickets You Can Trust Concert tickets are a nightmare to deal with. They can be lost, stolen, or even forged. NFTs can solve this problem. An NFT ticket would be stored securely on your phone, making it impossible to lose or counterfeit. This would make it easier and safer to attend events.. 6. A Whole New World: The Metaverse

The metaverse is a hot topic these days. Imagine a giant, online world where people can work, play, and socialise. NFTs will likely play a big role in the metaverse. They could be used to represent things like virtual land, avatars, and even clothing. This could create a whole new economy within the metaverse.

7. This is Just the Beginning

NFTs are a new technology with a lot of potential. We've only just begun to explore the possibilities. As NFT technology continues to develop, we can expect to see even more innovative uses emerge. So, the next time you hear about NFTs, don't just think about expensive digital art; this can be possible when you use a good NFT portfolio tracker Think about a future where everything from your watch to your concert tickets can be tracked, secured, and even owned in a whole new way.

[bitchesgetriches]

To get this one out early to all your followers who I'm sure will eventually be asking: NFTs are essentially a scam. They're the digital equivalent of the creator of parks and rec scribbling you an autograph saying "Piggy owns parks and rec now, love, Mike" on the back of a napkin and jotting his phone number down on the bottom of it in case anyone wanted to ring and confirm that he did actually sign this autograph.

It's *technically* not actually a scam because deep in the small print it does usually specify that your NFT grants you zero rights zero ownership and is absolutely meaningless despite the marketing claims, and in theory the NFT in itself *could* have some sort of collectors' value (like an autograph could) but the marketing around them is VERY scammy making all kinds of ownership promises and rights implications that they really can't deliver on. It's also got a whole 'nother level that the whole scam essentially exists to suck real fungible money into the eretheum system, which as a previous poster has already pointed out is also a proof-of-work-based environmental disaster. NFTs are essentially a barely legal cash fleece to prop up the crypto bubble.

So buyer beware people, if you wouldn't pay that for an autograph from whoever it is, don't pay it for their NFT.

I suppose we should also cover "What is an NFT" shouldn't we?

An NFT is a Non-Fungible Token. What does that mean you might ask? Well fungible means it's practically exchangeable for anything else like it in the same class. The best idea of this is money. A ten dollar note is fungible. If I have my ten dollar note, or I swap it for a different ten dollars with you, or I swap two of them for a twenty, I don't fundamentally care. Ten dollars is ten dollars.

Non-Fungible is like an autograph. If I have an autograph from Joe Biden, it's not immediately and self-evidently equivalent to an autograph from Barack Obama. Sure, you might *decide* to make the trade, it might be worth it to you, but they're not inherently interchangeable. If you woke up one morning and someone had swapped out your Joe autograph for a DJT one, or your mom borrowed your Joe and promised she'd replace with a Ford one later, you'd be well within your rights to be pissed in a way that you just wouldn't be with a simple ten bucks.

An NFT takes this idea and makes it ~digital~. It's built on the same idea as crypto currency but they've made each one unique. Like putting different people's autographs on a ten dollar bill, I suppose - now your Joe Biden $10 IS different to your mom's Barack one (very ELI5 don't @me).

What they claim to do is provide digital "ownership" of art, or music, etc. As we all know, digital artwork can be copied and pasted to your heart's content, and no one can really own an original. Copyright law can come into play, but who *owns* the original. NFTs (claim to) attempt to solve that. When an original is created, the artist creates an NFT that says "X person owns this artwork" and sells it. This person now has a cryptographically secure little badge saying "I own this artwork", that they can prove no matter how many people copy and paste it. The idea being that everyone can see the Mona Lisa, or copy and paste a print of it, but only one person gets to OWN the Mona Lisa, right? Even owning the artwork doesn't necessarily give you copyright over it - that's normal, so NFTs just work the same. You get to own it and be the only person in the world who can prove they do. Seductive marketing. Cool, right?

Wrong.

Firstly - you do not "own" this artwork. Like, not even slightly. Hell, the artwork itself isn't actually contained within the NFT. It's usually just a link to another website that is contained within the NFT. Something like "the person who can correctly prove possession of this token owns the artwork at www dot artwork dot com". Well, can you imagine if the Mona Lisa did the same?? You'd never stand for that, would you? Can you imagine if you spent $1bn on buying the Mona Lisa and then looked at the fine print and it actually said that you own the painting that stands at the middle of the Denon Alley in the Louvre? Sure, that's the Mona Lisa NOW, but there's no guarantee it'll be the Mona Lisa next week.

Secondly. You do not actually own the art in any meaningful sense. The terms and conditions confirm this. You do not gain the copyright. You do not get the right to have it taken down. You do not get the right to exclusive use of the photo. You don't get the right to destroy it. You literally only own this digital token that says you own it. To take it back to the Mona Lisa example, it would be like getting a piece of paper saying you own the painting at the middle of the Denon Alley in the Louvre, but we're gonna keep hold of it: you're not allowed to move it, touch it, tamper with it, copy it, take photos of it, sell merchandise of it, stop anyone else from looking at it, or do any of the things that one usually associates with "owning" a painting. In fact, all you get is a piece of paper saying it's yours, and you can ring us up anytime to check we really did give you that paper. That's it.

What's the point? You don't actually own the painting in any meaningful way. It's like those "name a star" gifts. It may well be "official", but in practical terms it's worth diddly fuck all. You'd be pretty annoyed if someone told you you'd bought the Mona Lisa and that's all you got.

Thirdly (and finally)

There is literally NO benefit to 'owning' it for you. To go back again to the Mona Lisa, the example the sellers use to justify the "but anyone can copy it" is that anyone can own a print of the Mona Lisa, but only one person can own the original. You're the original owner of this digital artwork.

Except... The Mona Lisa is unique. Digital artwork isn't. The original and copies of digital artwork are - ironically - completely fungible. If I copy-paste the original file, they're both "originals". Neither has any more claim to be original than the other. And remember, there's no "original" actually stored in the token, just a link to something that shows another copy. The Mona Lisa is unique, different, there's only one copy. He only put his paints on one piece of canvas. Prints aren't the same. But a digital artwork? By the time it's finished being drawn and copied over to the website, it's a completely different set of electrons on a completely different server. It's already not an "original". It's a completely, utterly, identical copy. Which I can then download. And copy a thousand times. And they're all still perfect copies and indistinguishable from the original. If I swapped one of them out for another on the website my link points to, there's literally no technical or practical way to tell.

After all that. NFTs DO have some uses. They are ways to support the artist. They are ways to give money back. They are ways to make people feel special (like autographs). You may ask why would you buy a digital print from the K&P Etsy store if you think all digital art is the same. Why would you pay to download an ebook when you could pirate an identical copy for free. This is what they will come back to me with. And there's many - good - reasons to do so! There's many good reasons to buy digital art. And you should! Support your local artists! But this can be, and is already, all achieved without paying over the odds to falsely claim I actually own some sort of permanent original. It can certainly be done without all the crypto-hyped middle men taking their cuts. And it can be done in a way that doesn't prop up the horrible eco-disaster bubble that is a proof of work Blockchain.

The technology isn't a scam. The technology has real world uses and benefits. But the entire marketing ecosystem around it is a scam.

Thank you for coming to my ted talk.

Now this is the kind of “better know a scam” content for which I come to the internet. Thank you so much for this primer on NFTs!

[villainessbian]

I think this is so fun because NFTs show the limit of what people are willing to accept as representing value

A pear: has value Money to buy a pear: represents value Stocks: represent money which represents value Cryptocurrency: represents temporarily asked-for stock in an ultimately zero-value company which represents money which represents value NFTs: represent trading crypto which represents temporarily asked (cont.)

And now we're left with this weird thing that's Four Entire Steps Removed from any value which at some point in the progression you'll notice was set to 0 but people accepted to trade because the myth of supply&demand on the money front has made some forget that having no intrinsic value, no fungibility, and no interest at all means it will crash at some point.

For some people it's just wind, you can't say "I will sell you absolutely nothing but I will pretend I do and with enough layers of symbolism it'll obfuscate the utter void of the transaction for which you spend money that you could have used and that I'll use instead"!

But for others, eh, people want them, people buy them, crypto is the future but exactly the same as real money (but also better), also Elon is god, and it all works.

And then rich people use it for tax evasion and funds manipulation while entertaining the idea that this second group of people must be right since all these rich people are Very Legitimately Using It Like Them. You might even get rich if you play your cards right and everyone has a shot to be on the same level as 0.0000001% of the population (who received a lot of help, most of which inherited lots, and all made a profit by exploiting others for decades before crypto existed besides)

Sometimes I go to myself "you know, I don't understand what NFTs are" and then I go look it up again and discover, yes, actually I do know what NFTs are. It's just that every time I read about them again I'm left going "this CAN'T be it, there has to be something else to make this make sense" and the answer is always no.

[sarajohnblogs]

15 Best NFT Marketplaces Comparison

Audit and contrast the identified NFT Commercial centers with pick the best ones for exchanging NFTs and expanding deals and exchanging volumes:

The best NFT commercial centers empower clients to trade NFTs, yet in addition mint, convey, and promote them on outside locales like virtual entertainment.

The best NFT markets offer fiat installment techniques, so you might pay involving USD or Ether notwithstanding digital forms of money. Because of the occasionally excessive expense of NFTs, the best or driving NFT commercial centers should have predominant safety efforts.

NFTs are computerized resources that are non-fungible (meaning they can't be traded for each other like digital currencies) and got by advanced marks. In virtual universes, they are utilized to carefully address other advanced or actual resources, like workmanship, games, metaverses, music, computerized presents, occasions, recordings, and so forth.

NFT Commercial centers - Assessment

Market Patterns:

• NFTs can help with the advancement of craftsmen, brands, famous people, and organizations. They can likewise be accumulated for entertainment or exchanged as computerized money.

• Along these lines, there are a few assortments of NFTs. They could be founded on music, gifs, craftsmanship, motion pictures, photos, workmanship minutes, books, games, player or game features or minutes, and gaming club recordings, in addition to other things. Comparably to NFTs, commercial centers can be classed in light of the blockchain on which they are based: Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so on.

• As found in the figure beneath, most of NFT assortments depend on Ethereum digital currency and exchanged against it. You can investigate assortments and markets to track down spots to buy non-fungible tokens.

Debut NFT Assortments:

Master Exhortation:

• Guarantee that you analyze the worth of NFTs. The worth of most of them is dependent on local area publicity.

• Makers ought to just pick benefits that offer the best sovereignty commissions and free stamping.

• As well as buying, exchanging, and gathering, the top commercial centers license the printing of NFTs. Actually look at Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so forth, that don't charge any stamping, buying, or selling expenses. Presently, the least ones charge under 1%.

• For your benefit, confirm ahead of time whether Mastercards, check cards, and other worldwide cash frameworks are acknowledged. Beside a couple of extra worldwide money installment frameworks, most of installment frameworks support digital currencies.

Successive Mentioned Data

What precisely is the NFT market?

The NFT commercial center empowers the exchanging of NFTs. It very well may be an application (web, iOS, versatile, macOS, work area) or a digital money trade. Some cryptographic forms of money license stamping, gathering, sending, getting, marking, and so forth. There are Ethereum NFT markets, Solana NFT markets, Cardano NFT markets, and so on.

What is the most notable NFT commercial center?

OpenSea has executed more than $20 billion in all out deals and has recorded north of 700 extraordinary NFT projects. Furthermore, it is the biggest NFT commercial center. It is a versatile and online application. Clients can mint, exchange, gather, ship off and get NFTs from outer wallets, and trade NFTs through the application. Some empower the playing of games, the utilization of NFTs as symbols, and so forth.

How is a NFT commercial center used?

Follow these systems:

Stage 1 is expected to utilize most of Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so forth.

Pursue a wallet with which you might store the NFT in the wake of buying or printing it, as well as a wallet with which you can pay for NFT while buying it.

Then, at that point, you might choose for mint a NFT assuming the market grants. This permits you to transfer records such as.jpegs,.pngs, and recordings to the NFT. On the other hand, you can move NFTs from an outer wallet to refresh or put them available to be purchased, sale, or offers, or basically to add them to your assortment. After it has been printed, it very well may be sold or shipped off different wallets and commercial centers.

Paying or getting installment while trading a NFT. Notwithstanding cryptographic forms of money, these commercial centers license the buy and offer of government issued money, like USD or EUR. You can pay with a Visa, check card, wire move, PayPal, or you can send Ethereum to the commercial center's wallet address.

Some permit you to mess around and win extra NFTs in the event that you are looking for more than essentially a spot to buy NFTs.

Is NFT a beneficial speculation?

NFT is a wise speculation on the off chance that it has esteem, however most don't. Agenda NFT esteem as far as what it addresses according to evaluating, extraordinariness, local area, and the organization behind it, as well as the worth of a basic resource, exchanging volumes, and so forth.

Rundown Of Driving NFT Markets

Striking business sectors for NFT list:

1. OpenSea

2. Clever Door

3. Rarible

4. Establishment

5. Mintable

6. SuperRare

7. Async Workmanship

8. MakersPlace

9. Axie Forever

10. Zora

11. Decentraland

12. Binance

13. Crypto.com

14. NBA Top Shot Corporate greed

15. FTX

Point by point assessments:

#1) OpenSea

Best for standard NFT dealers.

OpenSea is the biggest NFT commercial center regarding all-time deals, at more than $20 billion. The commercial center, which was laid out quite a while back, incorporates collectibles, workmanship, space names, music, photography, sports, exchanging cards, and virtual universes.

The without gas NFT commercial center is based on Ethereum yet allows the exchanging of NFTs on other blockchains (Ethereum, Solana, Polygon, and Klatyn). It empowers people to produce, send, get, store, show, and exchange NFTs.

The NFT commercial center was laid out in 2017 and has in excess of 200 staff, 600 clients, 80 million NFTs, and 2 million collectibles.

Highlights:

• You can't straightforwardly buy NFTs utilizing USD, EUR, or other public monetary standards, however you can do as such through MoonPay and other outsider installment channels.

• Moved by conspicuous firms in the computerized and digital money economies, including Coinbase, Andreessen Horowitz, Trust Wallet, Smart, Blockchain Capital, and Blockstack, among others.

How OpenSea capabilities:

• It utilizes savvy agreements to mechanize the trading activities of shared purchasers and dealers.

• The NFT craftsmanship commercial center deducts a commission of 2.5% from every deal.

• Trade and exchanges (installments for and to) are led utilizing the digital currencies Ethereum and DAI. Also, clients can pay with north of 200 extra cryptographic forms of money and stable coins.

Make a record on OpenSea's site in the initial step.

Stage two is to make a web 3 wallet.

Stage 3: Asset the web 3 wallets with viable cryptographic forms of money.

Stage 4: You can likewise synchronize Metamask with other crypto wallets, including equipment wallets

Stage 5: Visit the commercial center to investigate or obtain NFTs. Select the expected NFT and continue with the buy.

You can likewise make a NFT without any preparation utilizing maker highlights. Basically tapping the Make button will lead you to the page where you can add the fundamental components for your NFT.

To list a NFT made somewhere else, basically use the wallet from which the NFT will be sent's send capability. Duplicate and send the OpenSea wallet address. You can likewise use the Exchange element of the OpenSea wallet to send NFTs to different wallets that help the capacity, deal, and posting of NFTs.

Cost/charges: 2.5% every exchange. Free issuance of NFTs. There might be one-time Ethereum gas charges related with opening a selling account.

[williamdaviesblog]

15 Best NFT Marketplaces Comparison

Audit and contrast the identified NFT Commercial centers with pick the best ones for exchanging NFTs and expanding deals and exchanging volumes:

The best NFT commercial centers empower clients to trade NFTs, yet in addition mint, convey, and promote them on outside locales like virtual entertainment.

The best NFT markets offer fiat installment techniques, so you might pay involving USD or Ether notwithstanding digital forms of money. Because of the occasionally excessive expense of NFTs, the best or driving NFT commercial centers should have predominant safety efforts.

NFTs are computerized resources that are non-fungible (meaning they can't be traded for each other like digital currencies) and got by advanced marks. In virtual universes, they are utilized to carefully address other advanced or actual resources, like workmanship, games, metaverses, music, computerized presents, occasions, recordings, and so forth.

NFT Commercial centers - Assessment

Market Patterns:

• NFTs can help with the advancement of craftsmen, brands, famous people, and organizations. They can likewise be accumulated for entertainment or exchanged as computerized money.

• Along these lines, there are a few assortments of NFTs. They could be founded on music, gifs, craftsmanship, motion pictures, photos, workmanship minutes, books, games, player or game features or minutes, and gaming club recordings, in addition to other things. Comparably to NFTs, commercial centers can be classed in light of the blockchain on which they are based: Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so on.

• As found in the figure beneath, most of NFT assortments depend on Ethereum digital currency and exchanged against it. You can investigate assortments and markets to track down spots to buy non-fungible tokens.

Debut NFT Assortments:

Master Exhortation:

• Guarantee that you analyze the worth of NFTs. The worth of most of them is dependent on local area publicity.

• Makers ought to just pick benefits that offer the best sovereignty commissions and free stamping.

• As well as buying, exchanging, and gathering, the top commercial centers license the printing of NFTs. Actually look at Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so forth, that don't charge any stamping, buying, or selling expenses. Presently, the least ones charge under 1%.

• For your benefit, confirm ahead of time whether Mastercards, check cards, and other worldwide cash frameworks are acknowledged. Beside a couple of extra worldwide money installment frameworks, most of installment frameworks support digital currencies.

Successive Mentioned Data

What precisely is the NFT market?

The NFT commercial center empowers the exchanging of NFTs. It very well may be an application (web, iOS, versatile, macOS, work area) or a digital money trade. Some cryptographic forms of money license stamping, gathering, sending, getting, marking, and so forth. There are Ethereum NFT markets, Solana NFT markets, Cardano NFT markets, and so on.

What is the most notable NFT commercial center?

OpenSea has executed more than $20 billion in all out deals and has recorded north of 700 extraordinary NFT projects. Furthermore, it is the biggest NFT commercial center. It is a versatile and online application. Clients can mint, exchange, gather, ship off and get NFTs from outer wallets, and trade NFTs through the application. Some empower the playing of games, the utilization of NFTs as symbols, and so forth.

How is a NFT commercial center used?

Follow these systems:

Stage 1 is expected to utilize most of Ethereum NFT commercial centers, Solana NFT commercial centers, Cardano NFT commercial centers, and so forth.

Pursue a wallet with which you might store the NFT in the wake of buying or printing it, as well as a wallet with which you can pay for NFT while buying it.

Then, at that point, you might choose for mint a NFT assuming the market grants. This permits you to transfer records such as.jpegs,.pngs, and recordings to the NFT. On the other hand, you can move NFTs from an outer wallet to refresh or put them available to be purchased, sale, or offers, or basically to add them to your assortment. After it has been printed, it very well may be sold or shipped off different wallets and commercial centers.

Paying or getting installment while trading a NFT. Notwithstanding cryptographic forms of money, these commercial centers license the buy and offer of government issued money, like USD or EUR. You can pay with a Visa, check card, wire move, PayPal, or you can send Ethereum to the commercial center's wallet address.

Some permit you to mess around and win extra NFTs in the event that you are looking for more than essentially a spot to buy NFTs.

Is NFT a beneficial speculation?

NFT is a wise speculation on the off chance that it has esteem, however most don't. Agenda NFT esteem as far as what it addresses according to evaluating, extraordinariness, local area, and the organization behind it, as well as the worth of a basic resource, exchanging volumes, and so forth.

Rundown Of Driving NFT Markets

Striking business sectors for NFT list:

1. OpenSea

2. Clever Door

3. Rarible

4. Establishment

5. Mintable

6. SuperRare

7. Async Workmanship

8. MakersPlace

9. Axie Forever

10. Zora

11. Decentraland

12. Binance

13. Crypto.com

14. NBA Top Shot Corporate greed

15. FTX

Point by point assessments:

#1) OpenSea

Best for standard NFT dealers.

OpenSea is the biggest NFT commercial center regarding all-time deals, at more than $20 billion. The commercial center, which was laid out quite a while back, incorporates collectibles, workmanship, space names, music, photography, sports, exchanging cards, and virtual universes.

The without gas NFT commercial center is based on Ethereum yet allows the exchanging of NFTs on other blockchains (Ethereum, Solana, Polygon, and Klatyn). It empowers people to produce, send, get, store, show, and exchange NFTs.

The NFT commercial center was laid out in 2017 and has in excess of 200 staff, 600 clients, 80 million NFTs, and 2 million collectibles.

Highlights:

• You can't straightforwardly buy NFTs utilizing USD, EUR, or other public monetary standards, however you can do as such through MoonPay and other outsider installment channels.

• Moved by conspicuous firms in the computerized and digital money economies, including Coinbase, Andreessen Horowitz, Trust Wallet, Smart, Blockchain Capital, and Blockstack, among others.

How OpenSea capabilities:

• It utilizes savvy agreements to mechanize the trading activities of shared purchasers and dealers.

• The NFT craftsmanship commercial center deducts a commission of 2.5% from every deal.

• Trade and exchanges (installments for and to) are led utilizing the digital currencies Ethereum and DAI. Also, clients can pay with north of 200 extra cryptographic forms of money and stable coins.

Make a record on OpenSea's site in the initial step.

Stage two is to make a web 3 wallet.

Stage 3: Asset the web 3 wallets with viable cryptographic forms of money.

Stage 4: You can likewise synchronize Metamask with other crypto wallets, including equipment wallets

Stage 5: Visit the commercial center to investigate or obtain NFTs. Select the expected NFT and continue with the buy.

You can likewise make a NFT without any preparation utilizing maker highlights. Basically tapping the Make button will lead you to the page where you can add the fundamental components for your NFT.

To list a NFT made somewhere else, basically use the wallet from which the NFT will be sent's send capability. Duplicate and send the OpenSea wallet address. You can likewise use the Exchange element of the OpenSea wallet to send NFTs to different wallets that help the capacity, deal, and posting of NFTs.

Cost/charges: 2.5% every exchange. Free issuance of NFTs. There might be one-time Ethereum gas charges related with opening a selling account.

[nftdawnio]

One of the most well-known legacy collections in the NFT space, CryptoPunks, just put out a new IP rights agreement for its collection. All CryptoPunks holders will be able to get IP licenses through the new IP rights agreement. According to a tweet from the Yuga Labs-owned NFT collection, the CryptoPunks Twitter account hopes this will "open the door to endless creativity and possibilities for Punks." CryptoPunks could give new people ideas. With big names in the entertainment industry like Jay-Z, Steve Aoki, and Heidi Klum among the most famous CryptoPunks owners, it's only a matter of time before CryptoPunks characters take over traditional media. And, amazingly, there is already a precedent for this: Enter the Bored Ape Yacht Club, the other big idea from Yuga Labs. Since March 2021, when the Apes first appeared on the scene and in the minds of crypto users, there have been a lot of projects based on them. Bored Apes "played" at the 2022 All-Star Game for Major League Soccer and fought with hip-hop legends. But since Yuga Labs took over the Punks in March 2022, it's likely that the future of the Punks as an intellectual property will go in the same direction. Breaking down who owns CryptoPunks So, after the new IP rights agreements, what does it mean to own a CryptoPunk NFT? For one thing, the published license terms say that CryptoPunk NFT owners have the "exclusive right to hold, sell, transfer, and execute blockchain transactions involving [their] CryptoPunk NFT[s]." Yuga Labs owns the IP in each user's CryptoPunk, though. As the owner of this intellectual property, Yuga Labs gets to decide how CryptoPunks are used in derivative works. The same goes for any piece of art or media that uses characters or art from CryptoPunks. The new license terms say that, just like when you buy a Bored Ape, buying a CryptoPunk gives you the right to make derivative works that you can sell to make money off of your new NFT. You read correctly: Exclusive, royalty-free, and able to be licensed to other people. There's no catch. The message is clear that you can do anything you want with your new NFT. But there's a catch to all the noise: You can't (and really shouldn't) use your Punks to make content that is hateful or discriminatory. That is nothing like punk rock. Obviously, you only have these rights as long as you own the CryptoPunk in question. If you sold your CryptoPunk but then changed your mind and wanted to make something based on the NFT you just sold, you would have to make a licensing deal with the new owner. The part about sublicensing comes into play at this point. In theory, any CryptoPunk NFT can now be turned into derivative works, as long as the owners agree to the terms of sublicensing. As part of the new IP rights agreement, CryptoPunks holders who make works based on their Punks will then own the IP to these works. Even though CryptoPhunk got mixed reviews, Yuga Labs is moving ahead. This is a very big change. In the past, the rights given to CryptoPunks owners were, at best, unclear. During the huge bull run in the NFT space in 2021, many projects were started that were clearly influenced by the OG Punks, to varying degrees of impact. During this time, Pixel Vault put out the PUNKS Comic, which had versions of the original pixelated Punks that were more detailed and had full illustrations. With the project's recent change to putting Bored Apes through the same style filter, it looks like everything is going well in the zine-like world of GFunk. But you can't say the same thing about other projects. Projects like CryptoPhunks came about because of the bull run. The only difference between it and the first set of Pixelated Punks? A description on OpenSea says that these Punks face left because "going the other way just doesn't feel right." Several CryptoPunks followers were a little confused by projects like these. For example, the well-known CryptoPunk fan Spottie Wifi was able

to get the CryptoPhunk NFT that matched up with his own OG Punk taken off the market by filing a DMCA takedown request. Yuga Labs hopes that giving the owners of this legacy collection commercial rights will encourage more building in the space. As long as the bear market keeps going, innovation is the most important thing in the NFT space, so we're looking forward to new CryptoPunks-themed projects. https://nftdawn.io/new-cryptopunks-license-is-live-what-does-it-mean/?feed_id=1642&_unique_id=62fcbbbad3572

[mellowwastelandstranger]

Top Gaming NFTs to Consider

In recent weeks, the NFT rankings have seen the rise of some new games in the industry. These games are fun and interactive. Some of the games are free while others require an initial investment. Here are some of the top gaming NFTs to consider:

The biggest benefit of NFTs is that they help game publishers sell scarce items and unlock new opportunities for profit-making. For example, the game Fortnite might release a rare Fortnite skin as an NFT. The player who unlocks the skin could then resell the token to the highest bidder for money. This could be a lucrative business for the player, since they could sell it again forever, and Epic Games would get a cut.

While some games are free to play, others require upfront capital, such as CryptoBlades and Splinterlands. Some of the best NFT games allow players to earn cryptocurrency in-game, such as AXS tokens. These tokens are used to improve items and characters in the game, including equipment, skills, and upgrades. Some of the most popular NFT games are Alien Worlds and Axie Infinity. These games offer free-to-play content, but also provide the option to buy premium items and buy rare monsters.

While many video game publishers are embracing the NFTs, others remain wary. Even Microsoft's head of gaming is wary of them. One of the largest digital video game stores, Steam, has banned some games that use NFTs. Meanwhile, Ubisoft's Ghost Recon game received negative feedback after incorporating NFTs. The company has not yet responded to Axos' request for comment.

As a result, integration of cryptocurrency into gaming will likely continue for some time to come. Video games are complex and take time to develop, but some established players have already expressed an interest in incorporating NFTs into upcoming titles. Indeed, Ubisoft has integrated NFTs into its Ghost Recon Breakpoint title. However, it is unclear to what extent the NFTs will impact the industry as a whole.

With the popularity of blockchain, NFT technology is making virtual worlds possible. While NFTs have only recently entered the gaming lexicon, they are gaining momentum. Its adoption could help gaming grow into a more lucrative industry. But for now, it is too early to tell. While the future is still unknown, we can enjoy some of the most exciting games on the market. You just have to be patient!

The Axie Infinity is a play-to-earn NFT. In this game, players breed Axies to unlock levels and sell them for real income. They can also use the NFT market to sell their manufactured goods. These are just a few of the top gaming NFTs to consider. There are many more. It is important to try one of these out! While you're at it, enjoy the game!

Axie Infinity is one of the most popular NFTs available. The game is extremely popular and boasts $4 billion in all-time non-fungible token sales. Launched in 2018, Axie Infinity is one of the best selling games on the market today. It was the first game we reviewed on our Top 5 NFTs List. With its unique gameplay and innovative features, it's no wonder that Axie Infinity is one of the most popular NFTs on the market today.

Battle of Guardians is another game we can't wait to try. With a vast open world and digital vinyl toys, this NFT emphasizes the importance of user-designed NFTs. Players compete through a series of levels designed by other players and interact with non-playable characters through its social hub. Battle of Guardians is being touted as a cross between Tekken and Mortal Kombat. It is set to be one of the top New Fight Tour games.

Arc8 uses a utility token called GMEE to facilitate transactions within the game. Players can use these tokens to purchase digital land and win in-game tournaments. The company is also planning to launch G-Bots, which are upgradable NFT game characters that unlock greater functionality as gamers progress through the game. Players will also benefit from G-Bots' ability to access exclusive play-to-earn tournaments.

Play-to-earn games are a great way to earn in-game cryptos. Many of these games offer an opportunity to sell virtual goods in exchange for real currency. The player pays for the NFTs they buy in the games, and then sell the products to make money. It's a win-win situation for everyone. There are hundreds of play-to-earn games available in the market today.