The Complete Guide to Minting NFTs on opensea
Introduction: What are Non-Fungible Tokens (NFTs) and How Can You Get One? Non-fungible tokens, also known as NFTs, are game items in blockchain-based games or platforms that are unique and cannot be duplicated. NFTs are the next step in the evolution of digital assets. They bring together the best features […]
Beware of Scams! Trade Securely
Gargamel, one of the lead devs of the Bored Ape Yacht Club posted a great guide to secure trading today: There are multiple fake collections popping up on OpenSea every day (more like every hour at this point). They’ll use our logos and a similar name, and sometimes will even […]
NFT Copyrights and Counterfeits: A collectors guide
2021 is an interesting time for the NFT community. With so many marketplaces coming into fruition, It’s hard not to get excited about new drops. Earlier this year, we wrote an article about counterfeit non fungible tokens, as a guide to help new collectors make sure they are not accidentally […]
NFT and Ethereum Economics 101
The Economics of the Ethereum platform is very tightly coupled with NFTs, and that coupling has a lot of implications for participants in the NFT space, whether you are an artist, a collector, a speculator, or even just a casual looking to hop in. Pricing NFTs in USD Ethereum is […]
How are NFTs Taxed?
*We are not Tax experts or advisors. Portions of this post are interpreted from TaxingCryptoCurrency.com. This is also not a sponsored post. If you have any questions please consult a tax expert. The IRS has clear definitions as it relates to the taxation of digital or virtual currencies. This definition […]
NFT Drops: The Good Bad and Ugly
In this article, we are going to try to look at the economics and human behavior when a piece of artwork is released via different types of constraint mechanisms. Constraints can be on the supply side of the equation, such as a limited series drop, where the size of the […]
NFT and Crypto Dictionary
Address: An alphanumeric reference to where crypto assets can be sent or stored. Bitcoin: The first system of global, decentralized, scarce, digital money as initially introduced in a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto. Block: Synonymous with digital pages in a ledger. Blocks are […]
How to explain NFT art to your partner, parents, friends, and anyone else who just doesnt get it.
Wow. that title is a doozy and not well optimized. TL:DR Explain baseball cards or stamps Explain buying cosmetic skins in games like Fortnite Explain Blockchain as a ledger to track digital rarity Collectables have been around forever. Collectables have been around for centuries, and the collectable and toy industries […]
Counterfeit NFTs! (And how to spot fakes)
“Chaos creates Opportunity” – Mark Cuban. The NFT art market has entered an unprecedented and exciting phase. This fast moving and growing period is creating many opportunities for artists to take control of the narrative and go direct to the market with high-quality and amazing art. Additionally, artists are […]
What are NFT Gas Prices? Understanding Ethereum, Gas, and Gwei
tl:dr Check current ETH Gas Prices here. What is ETH Gas? Gwei is a unit of gas that is used in the Ethereum network. Gas is used by miners to process transactions and it is one of the key differences between Ethereum and other cryptocurrencies like Bitcoin. “The amount of […]
Four Tips to building your name in the NFT community (and selling your #NFTart)
Four Tips to building your name in the NFT community (and selling your #NFTart) Beeple made waves in late 2020 when he became an overnight success. At the time he broke NFT records passing $3.5million on the exclusive platform Nifty Gateway. The thing many people don’t know is that it […]
So you want to be a crypto artist?
A tutorial on creating your first NFT Art NFTCulture was created on the idea that artists can use these amazing technologies to create incredible collections and interact directly with the community of collectors and fans without the need for middlemen and women. We want to highlight the very best of […]
Beeple disrupts the NFT World in 2020
Mike Winkelman (known by his online name Beeple) hit the crypto-art jackpot this month when he sold $582,000 worth of virtual art in just five minutes. By capitalizing on his millions of fans’ brief attention span, he accumulated over $2.2 million over five days — a record-breaking feat never before achieved […]