Loaded Lions is a non-fungible token (NFT) collection by [Crypto.com](/news/article/crypto.com-ceo-past-includes-bankruptcy), one of the most vibrant ecosystems in the crypto, NFT, Web3, and Metaverse. Crypto.com boasts a cryptocurrency exchange and [NFT marketplace](/news/article/crypto-com-nft).

The collection comprises 10,000 unique Profile Picture (PFP) avatars. Despite the milestones accomplished by many projects in the space, this NFT is the first native platform-owned project released into the digital collectibles space. 

Like other NFTs such as the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Moonbirds, CryptoPunks, and NBA Top Shots, some of the NFTs are rarer than others. A few are considered legendary and come with different prices.

## Loaded Lions NFT have received bids of $1 million

When the collection was launched in November 2021, [Crypto.com](/news/article/crypto.com-under-investigation) set a fixed price of $200 for each of the 10,000 NFTs. 

Within a few days, a few of the NFTs saw relatively higher bids. This led to them being listed for more than $1 million.

The owner of #1969 agreed to sell his digital piece, modelled after the now infamous "Fortune Favors the Brave" logo popularized by actor Matt Damon in his promotion of bankrupt crypto exchange FTX, for $1 million. 

The owner of #1953 increased his asking price to $2 million after receiving offers in the range of $1.3 million. 

Such financial activities and buzz around the collection led to a price spike of more than 600,000% for some of the 10,000 collectibles within days. 

As of 15 January, 2023, more than 4,000 owners have contributed to over [$50 million](https://crypto.com/nft/collection/82421cf8e15df0edcaa200af752a344f?sort=likes&order=DESC&lang=en) of volume traded. 

## Sale of the collectibles affects Crypto.com's token

There is a close relationship between certain cryptocurrencies and NFTs. FLOW, the native asset of the Flow ecosystem, is positively and negatively affected by the sales of NBA Top Shot and NFL ALL DAY. Ether (ETH), the primary cryptocurrency of the Ethereum network, is also affected by the trading patterns of popular NFTs such as CryptoPunks, [BAYC](/news/article/bored-ape-nft), MAYC, Doodles, Azuki, CloneX, and others. 

RON, the crypto asset of Ronin, is also affected by [Axie Infinity](/news/article/axie-infinity-coin) sales. 

In the same way, CRO, the native asset of Crypto.com, which was built on the Cronos blockchain, also thrives on the sales of the NFTs molded after lions to move up and down in value. 

In November 2021, [CRO](https://coinmarketcap.com/currencies/cronos/historical-data/) soared by 225%. The token opened on 1 November with a trading price of $0.2121, increased to a monthly high of $0.9698, tested a monthly low of $0.1974, and closed the month with a new price of $0.6904. Within the period, trading volume rose from as low as $145 million to as high as $2 billion. 

CRO market capitalization also soared to $17.4 billion from $5.4 billion. 

## Do the NFTs have a future?

Yes, Loaded Lions have a future, as they can add more volume to the already booming sales of the global NFT market. The milestones it reached in November 2021 contributed to the month's [$2.9 billion](https://www.cryptoslam.io/nftglobal?month=2021-11) from more than 1 million unique buyers, involved in over 7 million transactions at an average sale value of $404.30. 

As of mid-January 2023, the total global NFT market sales have surpassed [$45 billion](https://www.cryptoslam.io/nftglobal). The total sales for the first 15 days of the first month were [$422 million](https://www.cryptoslam.io/nftglobal?month=2023-01). 

With the filing of NFT trademarks at the US Patent and Trademark Office (USPTO) soaring by more than 20,000%, positive market sentiment could reflect in the sales of Loaded Lions and the entire digital collectibles sector.


pink image of lions and loaded lions logo

Loaded Lions NFT Explained

Launched in late 2021, the Thetan Arena [play-to-earn](/news/article/free-play-to-earn-games) (P2E) game offers players rewards in crypto, which users can convert into earnings or fiat currency.

Thetan Arena is a fast blockchain-based online game combining action, competitiveness, and skillful battles using attractive character designs. It belongs to a genre described as multiplayer-online-battle-arena (MOBA), where opposing players role-play intending to defeat their opponents in battle. Since it's a free-to-play (F2P) game, you don't have to fork out a fortune to play and start earning. The game is currently available in four modes: Battle Royale Mode, Deathmatch 4v4, Superstar 4v4, and Towerdestroy 4v4.  

## Why choose Thetan Arena 

This is among the most accessible blockchain games. It presents incredible simplicity but depth in its numerous modes, diverse characters, and various maps, guaranteeing a unique experience every time you play. Since it’s a F2P, the game is free to download, and casual players don’t have to spend any money. However, if you want to advance on the leaderboards or one-shot an opponent, you’ll need to pull out your credit card and spend some money. 

Some tangible benefits include receiving free heroes for the casual player or, better still, acquiring NFTs to [facilitate earning](/news/article/play-to-earn) and maximizing profits.     

Besides playing and enjoying the game, you can trade-play items in the game’s store and earn cryptocurrency in the form of Thetan Gem (THG), the game’s native token. THG is useful for different purposes, including a store of value, a medium of exchange, voting, and staking. You can swap THG coins for fiat currency on various crypto wallets or HODL them for the long term. As the discussion about cryptocurrencies and [non-fungible tokens](/news/article/guide-to-minting-nfts-opensea) (NFTs) continues gaining mileage on social media, earning them through gaming is a solid idea.    

## Tokenomics 

Thetan coin has an unlimited supply. As a pure in-game currency, you can earn it by playing the game or transactions on centralized (CEX) or decentralized (DEX) exchanges like Gate.io, KAIDEX, PancakeSwap, etc.

According to its [whitepaper](https://doc.thetanarena.com/whitepaper), Thetan’s tokenomics are optimized via two tokens, THG (a utility token that can be used for in-game transactions or earning THG) and THC (an in-game currency you earn when you play the game with P2E heroes). Different ways to make THG tokens include participating in special Thetan arena events and tournaments, selling NFTs and in-game assets, and completing challenges. Others methods are accruing in-game time, purchasing legendary boxes, outperforming other players, and staking THG.

## Achievements 

Having launched in November 2021, Thetan Arena hit its first milestone in the NFT gaming industry by becoming the first one to acquire [6 million players](https://www.globenewswire.com/news-release/2021/12/13/2350408/0/en/Thetan-Arena-Hit-5-Million-Users-Ballpark-In-The-NFT-Gaming-Industry.html) during its first 15 days. Since then, the game has achieved many other milestones, including winning the [Best Mobile Game award](https://twitter.com/PolkastarterGG/status/1603409930848968710) at the #GAM3Awards 2022.

## Backers and partners 

The game was co-developed by KardiaChain and Wolffun, a renowned Vietnamese game studio. Numerous tier-1 venture capital groups, including Animoca Brands, Axia8, DFG, Kardia Ventures, Spark Digital Capital Everest Ventures Group, Decom Holdings, K300, Bixin VC Formless Capital, and AU21 Capital, back the company.

## The parting shot

Due to its lower barrier of entry as an F2E game, Thetan Arena is a fun-filled MOBA game for anyone who enjoys skill-based PVP games. Whereas you can earn as you have fun with friends and family, even adopting the purely F2P version doesn’t strip away the thrill of the game.


pink image of cartoon thetan arena characters

Thetan Arena: A Beginner's Guide

Gaming operation Entain is often regarded as among the most trustworthy in the world. A significant portion of the organization's achievements are attributable to its capacity for innovation and staying abreast of the most recent fashions.

In recent times, the company has investigated various forms of technology, such as the blockchain and the Metaverse. The company has since progressed further by creating an NFT auction focusing on social responsibility.

## Responsible gambling promoted with NFT auction

Entain owns numerous major gambling businesses, including the world-famous PartyCasino. In addition, it operates multiple philanthropic organizations, including the Entain Foundation US. The 'Superheroes of Responsible Gaming' auction is being organized and hosted by the Foundation, which is also involved in the event.

[The face of the event is Charles Oakley,](https://www.crypto-news-flash.com/entain-launches-an-nft-auction/) a former NBA star who is now an Entain partner. Entain places significance on responsible gambling, and the NFT auction was organized to promote and emphasize the concept as much as possible.

You can anticipate that the business will not be the party to benefit financially from selling the NFTs. Instead, the Charles Oakley Foundation will receive 100 percent of all funds raised. And it's an NFT auction because the target for the message about responsible gambling this time is 'tech-savvy audiences'.

Enlightening Media, which was responsible for designing the artwork for the NFTs, and Wager Score are two more companies engaged in developing the NFTs. The latter entity is a business that, in the course of performing its function as a player protection service, will, in real-time, offer information regarding affordability.

Alongside Entain's Martin Lycka, Brianne Doura-Schawohl, an internationally recognized responsible gaming consultant, and Bill Pascrell III, Esq., a partner at Princeton Public Affairs Group, Bo Grey, the founder of Wager Score, [also appears as one of the NFTs](/news/article/largest-nft-marketplace-2023). 

Following the initial release of NFTs, which focussed on disordered gambling, this new variety of NFTs has been developed.

Currently collaborating with Entain, Oakley expressed his satisfaction with introducing a second generation of NFTs and stated, "My post-NBA work is focused on preventing problems among neglected communities."


pink image of entain logo over nft auction photograph

Entain Leads the Way with NFT Auction

Though a central hub for developers, the exorbitant cost of gas on the Ethereum network has diverted the attention of [non-fungible token](/news/article/the-merge-ethereum-nft-impact) (NFT) enthusiasts to other platforms. One such platform is the Tezos NFT marketplace.

In the last three years, the blockchain ecosystem has experienced significant growth, especially with the development of decentralized applications (Dapps). The Tezos network is no exception. Since September 2018, the platform has risen to a hub for Dapps, moving its focus to green technology and eco-friendly governance.

Similarly, NFTs have gained significant popularity in the past few years. The Tezos blockchain now has a marketplace where NFTs can be sold, bought, and exchanged. This guide explores the NFT marketplace on Tezos.

## What is the Tezos NFT marketplace?

The Tezos marketplace for NFTs is an interface where users can create trades and buy NFTs. This blockchain can store tokens under stable and secure conditions. This, however, is made possible through gateways, otherwise known as a group of participants that will run nodes compatible with the blockchain and interact with other blockchains.

It must be understood that the Tezos ecosystem does not support the stringent requirement that a blockchain needs to be secure and decentralized. Instead, it relies on the community to create Dapps with NFTs. 

For the effective storage of the NFTs, a centralized exchange or an entirely different blockchain can be used. The smart contract protocol enables users of the Tezos marketplace to use a blockchain application or another application that has already been created. With smart contracts running on their resources, users do not have to worry about the cost of transactions.

The Tezos NFT marketplace uses the Proof-of-Stake (PoS) consensus mechanism, enhancing efficiency and equality in the staking process.

The platform is designed to give its members greater power over the network's rules. Compared to other blockchains, Tezos is self-governing, enabling growth and efficiency.

With the PoS, users can stake a certain amount of tokens to stand the chance of becoming a block validator. And the entire process requires less computing power. This explains why Tezos is efficient and has lower transaction fees.

## Tezos NFT marketplace - what to consider

When investors come in contact with NFT marketplaces, they must consider factors such as ease of use, transaction costs, creativity, available NFTs, and security. Just as criteria exist for selecting crypto exchanges, the same strategies apply when picking an NFT marketplace.

## These strategies include:

•	The kind of NFT - To evaluate the type of NFTs being sought, investors must ask themselves questions like what NFT they need, if the tokens are in the gaming or creative industry, or if they need a fan token. Knowing what kind of NFT is required will help investors understand the best marketplace to secure it.

•	The central currency - Each NFT marketplace has its base currency. Some marketplaces may accept fiat, or even crypto assets such as Ethereum (ETH), Build and Build (BNB), or Solana (SOL). In addition to central currency, some marketplaces require a specific wallet for optimum functionality.

•	The cost of gas - Different NFT marketplaces charge variable amounts for gas fees, making this factor quite significant. Opting for a marketplace with the least gas price will help investors maximize their returns.

Using the NFT marketplace on Tezos comes with several benefits, such as:

•	Lower cost of transactions.

•	Maximum security with verification at the protocol and application level using the OCaml and Michelson languages.

•	Decentralization with active community enrollment.

•	Eco-friendly since the PoS consensus mechanism is involved.

## Tezos NFT marketplace - top five platforms

There are several NFT marketplaces in the Tezos ecosystem. Below are the top five that investors may consider.

### Objkt 

[Objkt](https://objkt.com/) is the topmost NFT marketplace on Tezos based on sales volume and user activity. The platform has some unique features, such as:

•	A 2.5% service charge.

•	Royalties for creators.

•	Divisible royalties.

•	Vast listing options from marketplaces like Hic et Nunc, Rarible, and Kalamint.

### OneOf 

The OneOf NFT marketplace deals with entertainment tokens, particularly sports and [music.](/news/article/music-nfts-fans-community) Having ties with mainstream artists and platforms such as the Grammy and Warner Music, users can have unlimited access to special NFTs.

Features that make [OneOf](https://about.oneof.com/) unique include:

•	Links with musicians.

•	Periodic auction listings.

•	Drop calendar.

### Kalamint

Kalamint users have had security warnings in the past, even though it is a dedicated closed platform where artists can gain access only after application. This allows users to access only quality tokens.

Some features of [Kalamint](https://kalamint.xyz/) include:

•	Creator royalties.

•	Diverse listing options.

### FxHash 

The platform is an open marketplace where investors can mint and collect NFTs. In some instances, the quality of the art piece may seem questionable. This is because the platform focuses on generic art only.
Notable features of [FxHash](https://www.fxhash.xyz/) include:

•	Diverse listing options.

•	A service charge of 2.5%.

•	Collections can be ranked.

### Rarible 

The platform is well-known in the Tezos marketplace and also ranks in the Ethereum NFT marketplace.

[Rarible](https://rarible.com/) features include:

•	Decentralization.

•	Active users are rewarded with tokens.

•	Has the $RARI native token.

•	Numerous listing options.

•	A service charge of 2.5%.

## Tezos NFT marketplace - conclusion

Tezos, within a short period, has established itself as a useful blockchain for NFT enthusiasts to access both valuable and generic tokens without spending a fortune on transaction fees. In addition, the platform boasts a variety of marketplaces within its NFT support.

Tezos has a simple user interface and is a secure place for new NFT investors to begin their journey in the crypto industry. Nonetheless, nothing beats adequate research, a must-have skill for potential crypto investors.


pink image of tezos logo on abstract image

Tezos NFT Marketplace Explained

It’s no secret that digital art and pop culture go hand in hand. Still, you won’t find many [marketplaces](/news/article/nft-art-marketplaces) dedicated explicitly to these art pieces. Nonetheless, one platform which has made its name in pop industry NFTs is [Droppp](https://droppp.io/). 

It leverages one of the most popular blockchains for Web3 projects, [WAX](https://www.wax.io/). The platform offers various collections of popular culture-related digital collectables. It's a beginner-friendly platform, and even those with limited knowledge of crypto and NFT can easily navigate it. 

## What is the Droppp NFT marketplace?

A leading lifestyle brand, Funko, backs the Droppp marketplace. The brand deals with various fandom-related toys and other accessories and extended its product line by including digital collectables on this platform. You can find NFTs based on fandom themes like [Game of Thrones](https://droppp.io/drop/75/game-of-thrones-series-1/), [DC](/news/article/the-batman-cowl-nft), [The Matrix](/news/article/matrix-nft), Nickelodeon cartoons, and others.

It not only allows you to hold a digital asset, but also gives you a chance to get physical collectables. There are redeemable NFTs for which you can get Redemption tokens. With these tokens, you can get any physical item.

Dealings within the marketplace are pretty straightforward. You can create an account with your email, Google, or [Apple account](https://support.apple.com/guide/healthregister/create-an-apple-id-apdfe783ba7c/web) to get a free version. However, you must get the premium version to access a personalised wallet address. Transactions on the platform are in USD, so you don’t have to deal with crypto.

## How do I buy from Droppp?

To buy an NFT from its marketplace, you would need a Droppp wallet, which can be either a free or premium account. Premium one can give instant access to a customisable “.dp" wallet. It also allows you to purchase NFTs from other markets, and the assets are transferable with it. You can acquire all these features for $4.99 only.

The free version has limitations, like not offering a wallet until you purchase a pack directly from the launch. You also have to deal with a support member to activate the address.

After choosing an option and activating the wallet, you can buy assets from NFT collections. You can use your credit card, [Apple Pay](/news/article/stablecoin-issuer-circle-apple-pay), or [Google Pay](https://pay.google.com/) to buy it.  

## Is Droppp.io safe?

It is a secure option built with a trusted blockchain, WAX. Moreover, the transactions are transparent and verifiable with various pop brands’ affiliations, which speaks for its credibility.


Droppp NFT Platform Explored

Reddit NFT continued to trend online in December 2022 due to its massive impact on the non-fungible token (NFT) market. It is a kind of avatar that can be bought on the Reddit marketplace. Launched in July 2022, the Reddit NFT marketplace provides users of Reddit (a popular network site where contents are shared and various topics discussed), known as Redditors, a platform to buy blockchain-based images for a set price.

## What are some of the types of Reddit NFT? 

Unlike NFT projects such as the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), and Otherside for Otherdeeds, which is backed by a huge developer like Yuga Labs, Reddit has forgone mainstream companies. Instead, Reddit has partnered with several independent artists to create diverse designs which can be patronized by the billions of people across the globe that visit Reddit.com.

Despite several NFT types on Reddit, the main and exclusive NFT collection launched by the popular networking site is CryptoSnoos.

Like other NFTs, CryptoSnoos has different features that help determine scarcity. CryptoSnoos are grouped into Rare, Epic, and Legendary. While Epic CryptoSnoos NFTs are limited and Rare CryptoSnoos NFTs are extremely limited, Legendary CryptoSnoos NFTs are unique. This is why prices of Legendary NFTs are higher than Epic and Rare NFTs. 

## What blockchain houses the Reddit NFT

The team behind the NFT chose Polygon to house the digital collectibles. Polygon was selected because it is a layer 2 scaling solution that has found an answer to the blockchain trilemma of decentralization, security, and scalability. Once a particular protocol finds an answer to the blockchain scalability problems, transaction costs related to the use of blockchain are reduced to the barest minimum.

As of 17 December, 2022, collectibles on Reddit have contributed to the [$40 billion](https://www.cryptoslam.io/blockchains/polygon) in sales Polygon-based NFTs have generated in the six months to December. In addition to Reddit collectibles, some of the avatar collectibles minted on Polygon include, but are not limited to, Doodle Collection, Cute Snacks, and 5 Boro Bodega. 

As of December 2022, the total sales volume from Reddit collectible avatars was [$11.95 million](https://dune.com/polygon_analytics/reddit-collectible-avatars), and there were more than [four million collectible avatar holders](https://dune.com/queries/1428687/2423544). There are more than four million single collectible avatar holders, and more than five million [collectible avatars](https://dune.com/queries/1428579/2423370) are in the market.  

## Where to buy NFTs from Reddit?

NFTs can be bought and sold on different NFT marketplaces. While some of the best NFTs to invest in can be found on multiple platforms such as Nifty Gateway, LooksRare, Rarible, and X2Y2, the best NFT marketplace to buy digital images is OpenSea - aside from Reddit’s marketplace. Bank cards can be used to buy NFTs on Reddit, but OpenSea is crypto only.

Before you purchase digital art that can be used as a profile picture on your social media channels on OpenSea, you need to have a crypto wallet. Some of the crypto wallets that support
OpenSea includes Rainbow Wallet, MetaMask, Coinbase Wallet, and TrustWallet. Since the digital collectibles are housed in the ecosystem of Polygon, you need the native asset of Polygon, MATIC. You can also hold Ether (ETH), the native asset of Ethereum, since most of the NFTs sold on OpenSea are priced in that cryptocurrency.

Once you have MATIC, you can connect your wallet to OpenSea, search for NFTs with links to Reddit, make a purchase, and your digital collectible with be deposited into your crypto wallet. 

## Conclusion

NFTs by Reddit continue to see huge liquidity due to the popularity of Reddit as a networking website. As a result, you can invest in the NFTs with an eye on future sales due to the increasing usage and patronage of Reddit and its collections.

But, like all investments, you should consider the pros and cons of investing in digital collectibles from Reddit before you risk your hard-earned money on digital collectibles. 


Reddit NFT: What is it and where can I buy one?

As non-fungible tokens (NFTs) continue to make waves, the possibilities of the digital and physical world colliding have grown with augmented reality.

Augmented reality tokens have grown in popularity since the metaverse boom. Creators have found a bridge between the immersive technologies of augmented reality and NFTs.

## What is augmented reality?

Commonly called AR, augmented reality is an interactive experience that enhances real-world objects through computer-generated information.

AR helps creators enrich their works by allowing technologically creative ways to exhibit and give context to digital artwork.

## What are augmented reality tokens?

NFTs transform AR experiences and make them verifiable assets. These tokens are Proof-of-Ownership tokens attached to digital assets on the [blockchain](/news/article/what-is-blockchain). 
These tokens are unique and not interchangeable, making the owner the sole possessor of the digital media.

These tokens have different use cases depending on the augmented reality intended by the creator. The most popular use cases are in art, gaming, and e-commerce.
In art, NFTs are pivotal to allowing artists to sell digital assets stored on the blockchain. AR allows NFT collectors to experience digital art in creative ways.

In gaming, play-to-earn (P2E) has grown popular in the past few years. Augmented reality tokens allow players to acquire in-game assets and cryptocurrency. Players can experience their in-game assets through AR, making the game more immersive and the narrative more compelling.

## Benefits of AR Tokens

### Use cases:

Augmented reality tokens add physical elements to digital assets. Users can distinguish themselves in the Metaverse with AR avatars, and creators can engage directly with fans.

They also serve as native tokens on different platforms. The tokens can be used to purchase features, in-game assets, and services.

### Passive source of income:

AR tokens allow creators to earn royalties on every transaction. Collectors can also own tokens that can be traded and surge in price.

## What are some popular AR Tokens?

If you intend to invest in AR tokens, you need to buy the project's tokens to be able to participate in their ecosystem. Here are some top-performing projects you should consider.

### 1.	Mossland: 
According to [CoinGecko](https://www.coingecko.com/en/categories/augmented-reality), in the last seven days, [Mossland](https://www.moss.land/en) has remained the top AR token. Open-source Metaverse platform Mossland is a place where users can buy and sell digital/offline goods, collect points, and play mini-games.

The Mossland Metaverse token is the Moss coin (MOC). This token is used for Mossland's entertainment services that mirror the real world.

### 2.	Somnium Space: 
This is an augmented reality world built on the Ethereum blockchain. On [Somnium Space](https://somniumspace.com/), users can buy land, build or import NFTs, explore, and trade.

The native token of the platform is CUBE, an ERC-20 token. CUBE can be used to purchase land and pay for services on the Somnium platform.

### 3.	Over the Reality (OVER): 
Built on the Ethereum and Polygon blockchains, OVER is a seamless bond of the physical and digital worlds. The platform allows users to own digital real estate and supports AR capabilities like AI avatars and realistic NFT assets. The OVR token serves as the platform's native token.

## Conclusion

While no one can predict the future, it appears augmented reality tokens will be part of what the [Metaverse](/news/article/how-to-invest-in-metaverse) looks like in its final form.


pink image of AR visualisation of 3d bitcoin token

Augmented Reality Tokens Explained 

A crypto wallet is required to store and access your crypto assets. However, not all wallets are as secure as a hardware wallet like Nanoledger.

A crypto investor can use different types of wallets to safeguard their crypto tokens. A cold wallet is often recommended as it provides top-notch security and protection to almost all kinds of digital assets, including NFTs. 

The most affordable option in cold crypto storage comes from Ledger. These wallets find a decent connection between ease of use and security. They deliver a high level of protection in an offline environment while being user-friendly.

The France-based company Ledger produces these hardware wallets. It was launched in 2014 by a group of eight experts with the goal of creating secure solutions for blockchain applications. These are multicurrency wallets that store your private keys offline. Ledger offers mainly three variants of offline wallets: Ledger Nano S Plus, Ledger Nano X wallets, and Ledger Stax.

![france.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/france_86bd7984fa.png)
 
[Image Source](https://www.shutterstock.com/image-photo/liptovsky-mikulas-slovakia-march-9-2021-1933875305)

## The necessity of securing your private keys

When we get a crypto wallet, we buy a pair of public and private keys, both unique and cryptographically generated on the blockchain. The private key unlocks our publicly stored assets on the blockchain.

Most of the time, we tend to buy and store our digital currencies on exchanges, but here comes the problem of not having the private key in our control.

"Not your key, not your crypto"

Without private keys, you actually don't own your crypto. However, if you own the keys, you are responsible for keeping them secure. That is where Nanoledger comes to play.

## How Nanoledger differs from other wallets

The simple truth is that we don't really own any crypto if we don't have the private key to it. The Nanoledger is a secure hardware wallet that stores [these private keys](https://www.investopedia.com/terms/p/private-key.asp). It is the most popular hardware wallet on the market, and there is a good reason for that. It is small, inexpensive, and does exactly as advertised - it keeps your coins safe.

## What kind of security?

These cold wallets are device-based, which means they use storage mechanisms like USB drives to store private keys offline. This makes it difficult for hackers to access the key from an online location.

These USB storage devices enable users to perform various functions like sending and receiving crypto from other blockchain users. The wallets can also employ 2FA for various crypto-related websites. To protect the crypto assets of a user, Nanoledger combines a secure environment and a sole operating system.

These wallets use a 24-word backup recovery phrase that can be used to import wallet assets in case the physical wallet is lost. To be more cautious, the 24-word phrase can be etched into a device called Billfodl, which holds them in a physical form.

## Ledger Nano S Plus Review

According to the company's security standards, the Nanoledger is an innovative way to secure crypto assets. 

Previously it was called Ledger Nano S, where one could only store up to 1,100 tokens. In the latest version, investors can store more than 5,500 crypto coins and tokens.

Features:

•	The Ledger Nano S Plus is quite affordable at £69.

•	Being a cold wallet, Nano S users hold their private keys.  The keys are not accessible via the web and are never removed from the device.

•	Having extensive memory, this wallet allows us to install up to 100 Dapps.

•	Managing NFTs can be fun with Ledger Live. One can send and sign NFT transactions with complete transparency.

•	It has two buttons instead of a touchscreen, making it a less complex device.

•	This device requires a USB cable to connect to a computer or Android device.

## Ledger Nano X Review

This Nanoledger is the second hardware wallet introduced by Ledger. Investors can store more than 5,500 cryptocurrencies with a new Bluetooth-enabled hardware wallet. All your digital assets are secured in one place, and you can receive and send your crypto assets easily.

Features:

•	Bluetooth is compatible with Ledger Live Mobile and costs only £136.

•	Battery life is better than S Plus. The battery lasts around eight hours while in use and a few months when idle, once fully charged.

•	Nano Ledger X is 10mm larger than S plus.

•	Because of its phone-friendly interface, the Nano Ledger X is the perfect hardware wallet for managing crypto.

•	Nano X doesn't require cords unless charging and is compatible with iOS and Android.

## How to transact with Nanoledger

Follow four simple steps to accomplish a successful transaction using Nanoledger. The steps are as follows:

•	Set up the Nanoledger.

•	Connect it to the app in which we are hoping to transact. Let's say we want to transfer some Bitcoin, then we need to open Bitcoin App.

•	Open Ledger Live and choose the Bitcoin account there.

•	Click on the "receive" option to see the Bitcoin Address.

One can send Bitcoins to this address, and, importantly, the Nanoledger wallet is not required to be connected to the system to receive funds.

## What if I lose my hardware wallet?

Here comes the nightmare - lost wallet! It's not a big issue if you have saved your recovery phrase and your wallet has a pin. Using the phrase, you can import your current wallet to a new hardware device, and the pin protects your lost device from unauthorized use. Enjoy your cryptos with Nanoledger knowing that all your crypto assets, including coins, tokens, and NFTs, are always secured and protected.

## Final words

Every crypto investor loves their crypto assets. That's why they should opt for the best security. Ledger has provided different Nanoledger options for cold storing your crypto, and you can choose between them according to your pocket and need. Make sure to back up the recovery phrase, so you don't lose access to your cryptos even when you lose your physical Nanoledger wallet.


blue image of blockchain mining servers with nano ledger in foreground

Nanoledger - Essential for 2023

CloneX has broken ranks in just 12 months to become one of the ten best-selling NFTs by all-time sales volume. It has generated approximately [$775 million](https://www.cryptoslam.io/clonex/sales/summary) from December 2021 to date, data from NFT aggregator CryptoSlam shows.

While many articles online continue to give a vague explanation of what the NFT is, there is more to CloneX than just being pieces of digital art in the blockchain technology of Ethereum. 

Launched in November 2021, CloneX NFT comprises a collection of 20,000 3D avatars called clones, designed with a broad focus in mind. The 20,000 3D anime avatars, the size of profile pictures (PFPs), come in eight deoxyribonucleic acid (DNA) types.

The DNA types are Human, Murakami, Demon, Angel, Undead, Robot, Reptile, and Alien. Among them, the alien DNA subtype is the rarest. It has 15 to 50 avatars, representing just 0.075% to 0.25% of the total collection.

The second rarest clone comes from Murakami. Murakami clones came about in October 2021 when [RTFKT](https://twitter.com/RTFKT/status/1454101172265132039?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1454101172265132039%7Ctwgr%5E3d3022ef7bf58e92ab668e68cc3d0c67025c1478%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnftnow.com%2Fart%2Frtfkt-partners-with-takashi-murakami-clone-x-project%2F) announced, via its verified Twitter account, that it had partnered with Japanese pop art sensation Takashi Murakami for its CloneX avatar project. Murakami raised the project's profile due to his more than 300,000 Twitter followers being exposed to CloneX NFTs. 

While half of the NFTs (about 10,000) are Human DNA subtypes, three-tenths (around 6,000) are Robots, and two-tenths (roughly 4,000) are Undeads, Reptiles, Demons, and Angels. You should note that a tiny fraction of the Human DNA subtype possesses the "vitiligo" trait. This is a disease that causes patches of skin color loss that became synonymous with pop icon Michael Jackson.

Each of the 20,000 clones is also a turnkey. Thus they are ready to be used with the global fashion brand Nike and with RTFKT Studios, which employs the latest Web3 technology to create digital artifacts such as one-of-a-kind sneakers' Metaverse.

The Metaverse is what many analysts in the computer industry believe is the future of the internet as a single, universal, and immersive virtual world facilitated via the use of augmented and virtual reality headsets.

## Is CloneX NFTs' success down to Nike and RTFKT? 

Like other digital collections in the NFT sector, CloneX NFTs would have remained unknown for some time without its direct links to the global reach of Nike since the NFTs are made by RTFKT (pronounced artifact).

[Nike acquired RTFKT Studios](https://nftnow.com/news/nike-acquires-rtfkt-nft-studios/) in December 2021. President and CEO of Nike, Inc., John Donahue, said of the acquisition that Nike planned to invest in the RTFKT brand so that Nike's digital footprint and capabilities could be extended in the NFT sector.

Many industry experts expect the digital footprint to include the Metaverse, which has been forecasted to reach [$824.53 billion](https://www.prnewswire.com/news-releases/metaverse-market-size-worth--824-53-billion-globally-by-2030-at-39-1-cagr-verified-market-research-301585725.html) by 2030. 

Nike's acquisition of CloneX maker RTFKT impacted sales of the NFT, which soared in December 2021 to reach approximately [$187 million](https://www.cryptoslam.io/clonex/sales/summary?groupingtype=daily&month=2021-12) from the activities of 3,785 unique buyers and 3,025 unique sellers who contributed to 6,482 transactions. 

The average sale value of CloneX NFTs during the last month of 2021 was $28,867. Monthly sales volume for December 2021 remains at its all-time high, and that figure is still higher than the total sales volumes of MekaVerse, NFT Worlds, Adidas Originals, Okay Bears, Invisible Friends, Ethereum Name Service, Cool Pets, Gods Unchained, and World of Women Galaxy, as of 8 December, 2022.

## Nike impact on the NFT sector aside from CloneX NFTs

Nike Inc. filed for a patent for its blockchain-compatible sneakers dubbed [CryptoKicks](https://thenextweb.com/news/nike-blockchain-sneakers-cryptokick-patent) in 2019. The patent was officially issued in December 2019 by USPTO (the United States Patent and Trademark Office).

With this patent, Nike can use the possibilities of blockchain technology through cryptography to tie digital assets to a physical product. Nike took advantage of its partnership with RTFKT by launching RTFKT Nike Dunk Genesis CryptoKicks, a collection of 20,000 NFTs, in April 2022.

As of 8 December, 2022, the collection has generated more than [$19 million](https://www.cryptoslam.io/mnlthrvld/sales/summary) in all-time sales and falls into the top 300 NFT collections by total sales. CryptoKicks and other NFT activities which involve Nike have contributed to Nike Inc. topping a list of NFT brands by total NFT revenue. 

As of 8 December, 2022, Nike NFT revenue was [$185.74 million](https://dune.com/kingjames23/nft-project-possible-data-to-use), seven times more than second place Dolce & Gabbana, which had $23.69 million.
 
Nike took another step into Web3 and the Metaverse by filing three trademarks for its [DOTSWOOSH](https://twitter.com/KondoudisLaw/status/1594657887367925760) in November 2022 with the USPTO. The applications cover virtual, crypto goods marketplaces, virtual footwear, clothing, sports gear, and custom manufacture of real-world versions of digital footwear and apparel, among others.

## How do I get CloneX NFT?

CloneX NFTs can be found on NFT marketplaces such as LooksRare and [OpenSea](/news/article/nft-hackers-passports). Since OpenSea is the largest NFT marketplace by volume, we would like to direct you on how you can get the Clone digital collectibles on the platform. 

Firstly, you must create a crypto wallet that will store your NFTs. Several wallets support OpenSea, such as TrustWallet, Coinbase Wallet, Rainbow Wallet, and MetaMask. Once you create a wallet, private keys ranging from 12 to 24 words must be stored appropriately, and you need to buy ether (ETH). 

As the second step, ETH is the native asset of the [Ethereum](/news/article/ethereum-the-merge) ecosystem and oversees all transactions on the blockchain. CloneX is Ethereum-based and therefore needs ether to facilitate the transaction on OpenSea. Once you have ETH deposited in your wallet, you can connect it to OpenSea. 

On OpenSea, you can search for CloneX and buy one of the 20,000 NFTs available for sale. Once the purchase is complete, the CloneX NFT purchased will be deposited directly into your [crypto wallet](/news/article/tony-fadell-launches-crypto-wallet).



pink image of Clonex logo on pink background image of Anime girl NFT

Are RTFKT and Nike Behind CloneX NFTs Success?

A Bored Ape whale, who goes under the pseudonym "Pokeee.eth" on [Twitter](https://twitter.com/pokeepandaa), just spent ~$900k on 69 DeGods NFTs. DeGods is a dominant [NFT project on Solana](/news/article/how-to-find-new-nft-projects), with all-time sales of over $135M, according to [CryptoSlam data](https://www.cryptoslam.io/degods).

That said, what makes a DeGods NFT such a prized asset? And why did the NFT collector spend BIG on the project?

![degods1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods1_d298b36907.png)

Source: DeGods

## What is DeGods?

DeGods claims to be the "#1 NFT community on Solana". These NFTs are NOT a derivative of the Bored Ape Yacht Club (BAYC). Instead, this collection is [works of original art](/news/article/how-to-make-nft-art).

These non-fungible tokens are held by many prominent members in the crypto space, including Anatoly Yakovenko and Raj Gokal (Co-founders of Solana), Ice Cube (an American rapper), and Sidney Zhang (Co-founder and CTO of Magic Eden).

At the time of writing, there are 3,540 holders of the digital art collection – North Korea is the only country that does not have a DeGods holder. With more than $135M in sales to date, it is not surprising that the DeDAO (The project's DAO) bought a basketball team on 28 April, 2022 – the Big3 team, Killer 3s, for $625,000! A first in NFT history.

![degods2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods2_b424d0178d.png)

Source: [DeGods](https://degods.com/)

Holders of the non-fungible token earn in $DUST, the native token of the DUST Protocol, based on Solana. Currently, the cheapest DeGods NFT available on the open market is worth 517.78 SOL. The piece of art goes by the name "DeGod 4640".

The most expensive sale to date was made as recently as 18 hours ago, for $17,657.76 – DeGod #9001. There's more information about the project on the [website](https://degods.com/).

## Why did Pokeee.eth buy 69 DeGods NFTs?!?

On 13 January, 2023, Pokeee.eth promised to purchase 69 of the digital art tokens if the below post received more than 1,000 likes. The digital art collector's move was in support of the project's impending [move to Ethereum](/news/article/ethereum-whales-fuel-eth-bounce-back). The post has received nearly 3,000 likes, and Pokeee.eth is a man of his word.

![degods3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods3_d4679166d3.png)

Source: [Twitter](https://twitter.com/pokeepandaa/status/1613961351780773890)

On 16 January, 2023, Pokeee.eth tweeted a video showing his floor sweep (purchase at floor price) of 69 of the NFTs for around $900k, through the Magic Eden marketplace.

![degods4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods4_0f5a186be7.png)

Source: [Twitter](https://twitter.com/pokeepandaa/status/1614968118287433728?cxt=HHwWgIDU4c68wuksAAAA)

Notably, the NFT collector owns three BAYC NFTs as well – BAYC #7816, #6587, and #7369.


Pink image of nft whale and bored ape logo

Bored Ape Whale Buys 69 DeGods NFTs 

Are you desirous of joining the non-fungible token (NFT) revolution and looking for the largest NFT marketplace fit for your design or artwork? Don’t worry; we’ve got your back. 

Whether you’re an artist, designer, or creative, there’s an opportunity in NFT space waiting to be exploited – if you play your cards right. 

According to an October 2021 [Bloomberg report](https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-532-million-nft-trade-that-wasn-t-what-it-appeared?leadSource=uverify%20wall), CryptoPunk #9998 is the most expensive NFT ever sold at $532 million. 

There are many other success stories. However, your financial success story as an NFT creator begins and ends with exploring different NFT marketplaces and selecting one that fits your NFT. 

## Choosing the largest NFT marketplace

NFT marketplaces, often referred to as the eBays and Amazons of the digital world, are gateways for anyone interested in buying or selling the latest digital assets, from music to works of art or digital land. Just like traditional markets, there are dozens from which to choose. Since you need one that caters to your specific niche, we have compiled a list of largest NFT marketplace options to help you decide.

## OpenSea

The popular [OpenSea](/news/article/haas-f1-opensea-collaboration) is the largest NFT marketplace. 

Founded in 2017, it currently supports ETH, $MATIC, and Klatyn blockchain. OpenSea features all categories of NFTs, including digital art, utility, collectibles, music, sports, and virtual worlds. Users can trade leading NFT projects like Decentraland and CryptoPunks. The platform's mining tool is its most fantastic selling point, enabling content illustrators and creators to develop and create their own NFT collections.

Also, users can mint NFTs directly from their websites onto the Ethereum blockchain, meaning they can convert their artwork now with the click of a button.    
 
## Pros 

•	Creators don't pay gas fees until they sell.

•	Limitless choice of NFT collectibles.

•	Different payment options.

•	Compatible with iOS and Android OS devices.

•	Supports up to 14 crypto wallets.

## Cons 

•	10% royalty paid is relatively low.

•	Doesn't support fiat currencies.

## Rarible 

As a community-owned NFT marketplace on the Ethereum blockchain, [Rarible](/news/article/rarible-nft-marketplace) dramatically emphasizes the social aspect of its business and allows users to track their peers’ general activity. The platform enables users to create ERC-721 tokens besides being able to add royalties or build smart contracts as miners. Moreover, Rarible offers a unique regulatory crypto called $RARI, which users can earn via weekly pay by interacting on the platform by buying or selling NFTs.   

## Pros 

•	Artists can pick up to 50% of their future income.

•	Easy-to-use marketplace with a user-friendly interface.

•	Hassle-free NFT creating and selling.

## Cons 

•	High gas fees.

•	Unresponsive customer support.

## NBA Top Shot 

A brainchild of the NBA and Women’s NBA, the NBA Top Shot is famous for tokenizing all NBA top players by recording their different outstanding performances into NFTs as cards. 

NBA Top Shots runs on the Flow Blockchain from Dapper Labs. That platform that runs as a private NFT marketplace gives users the right of ownership and credibility besides allowing them to trade NFTs on the site.

## Pros 

•	Flow blockchain is cheaper than Ethereum.

•	Best for people using debit/credit cards.

•	NFTs have a great resale value. 

•	New NFTs released often.

## Cons 

•	Limited cryptocurrency support.

•	The project is still in its infancy.

•	It only deals with NBA stuff. 

## SuperRare

Like the name sounds, SuperRare is an NFT marketplace dedicated to unique NFT collectibles. The platform that has distinguished itself as the upmarket alternative of Rarible presents a polished user interface that's extensively curated, giving it a minimalist appearance. SuperRare pays out 85% of NFTs' total sales price to artists and keeps 15% as fees, while creators receive a 10% royalty on all their secondary sales. 

Buyers pay a 3% transaction fee for every transaction, and all payments are made using Ether (ETH).

## Pros 

•	Offers exclusive NFTs.

•	Excellent user interface.

•	High royalty fees.

## Cons 

•	High commission rate at 15%.

•	Only accepts ETH as payment.

## NiftyGateway

NiftyGateway partners with businesses and leading artists to create NFT collections called Nifties that users can transfer to their crypto wallets and personal collections or display on the Metaverse. The platform is ideal for users who make or trade top-of-the-range exclusive NFTs. Individuals buying exclusive NiftyGateway NFTs are assured of a high-end market offering limited edition collectibles. Nonetheless, leading projects like Bored Apes and CryptoPunks don't feature due to many existing restrictions.  

## Pros 

•	Custodial marketplace.

•	Best for newbies without technical skills.

•	Allows using credit/debit cards.

## Cons 

•	It doesn't support crypto wallets.

•	Exclusive for influential artists.

## Foundation

Foundation NFT marketplace aims to advance the digital art and cryptocurrency culture by making it easy to trade, besides promoting disadvantaged users. The platform primarily focuses on art projects, and the leadership team is famous for holding live auctions that streamline the bidding procedure. 

Foundation gives creators 85% of the NFT sales price and keeps 15% as commission, while artists are given a 10% royalty. You may want to know that [Nyan Cat NFT](https://www.nytimes.com/2021/02/22/business/nft-nba-top-shot-crypto.html#:~:text=In%20the%20final%20hour%20of,Roughly%20%24580%2C000.), a renowned NFT, was sold on Foundation.

## Pros 

•	Easy-to-use interface.

•	Artists receive a 10% royalty fee.

•	Runs an auction systems.

## Cons 

•	Invite-only platform.

•	High commission rate.

•	High gas and minting rates.

## Binance NFT

Binance is a world-class crypto exchange that launched an NFT platform in 2021. It has become a popular contender due to its diverse Metaverse collectibles. Despite being a new digital asset marketplace, Binance already features over 800 creators and a massive following of collectors. While users in other platforms pay between 2.5 and 5% transaction fees for secondary and up to 5% on primary transactions, Binance charges 1% and avails numerous payment methods. However, sellers receive only 1% as royalties.    

## Pros 

•	Highly trusted in the crypto sphere.

•	1% transaction fee for sellers, buyers, and traders.

•	Free account creation and verification.

•	Easy-to-use interface.

## Cons 

•	Both buyers and sellers pay the fee.

•	New entrant and lacks rarest NFTs.

## How to choose the largest NFT marketplace

The best way to choose the largest NFT marketplace starts with deciding which category of digital asset you want to create, buy or sell. Since NFTs represent anything from videos, collector items, written word, music, and more, narrowing your area of interest and considering the type of token supported are good starting points. Moreover, confirm a platform's security protocols and whether it's had any [breaches](/news/article/nft-hackers-passports) in the past.


Pink Image of Person Making an NFT with Marketplace Icon overlayed

Largest NFT Marketplace Options in 2023

For all the technology behind non-fungible tokens (NFTs), trading NFTs is still a tiresome and slow process. That was until Sudoswap came and changed the game.

Now, buying and selling NFTs can be as smooth as trading cryptocurrencies on [Uniswap](/news/article/uniswap-exchange-nft-aggregator). By integrating automated market makers (AMM) into non-fungible tokens trading, traders no longer have to wait to find intending buyers before getting liquidity.

Its decentralized marketplace has grown exponentially since it landed and took the market by storm. According to blockchain analytics firm Nansen, the protocol has a year-to-date volume of 39.1k ETH, with more than 3.35K ETH transacted in the 30 days to 12 December. What has made the protocol such a success?

## What is Sudoswap?

It is a decentralized exchange (DEX) protocol that allows users to swap NFTs for liquidity on the Ethereum blockchain. While the protocol went live in May 2022, its launch of the NFT automated market maker (AMM) protocol in July was the game changer.

With the AMM, users can trade Sudoswap non-fungible tokens into a liquidity pool (buy-only, sell-only, or buy-and-sell pools) and receive Ethereum quickly. Generally, you deposit NFTs or ETH into your pool. 

Instead of listing different non-fungible token collections, you select the right collection to trade and choose your floor price, bonding curve, and delta (which adjusts the NFT price depending on sales or purchases).

## What is the SUDO token?

The SUDO token is the governance token of the protocol's ecosystem. With an initial supply of 60 million, SUDO is not transferable. The SUDO airdrop began in September, with the lion's share of 41.9% going to XMON holders. 

Treasury allocations take up another 25.1%, while initial team members and SudoRandom labs take 15% each. Oxman holders and Retroactive LP airdrops take the remaining tokens.

## How it differs from other NFT marketplaces

There's always liquidity in the pool for specific Sudoswap NFT collections, and traders don’t have to wait for a buyer before getting liquidity. 

Sometimes, this may mean getting a less-than-ideal price for your asset. As long as your NFT is not super-rare or high-priced, that should not be a challenge.

Apart from increased instant liquidity, the decentralized marketplace also eliminates intermediaries who may choose whether or not to accept your [NFT collection](/news/article/nft-collaborations). The protocol may as well be the poster boy for decentralized marketplaces.

Additionally, it eliminates the payment of royalties to NFT creators on secondary sales, unlike OpenSea. On OpenSea, NFT creators may get as much as 5% in perpetuity every time an NFT sale occurs. However, with the decentralized protocol, all earned fees belong to the Sudoswap NFT owners and traders who choose the trading pools and set their prices.

Sudoswap fees are low, making it more attractive than its counterparts. For example, while OpenSea charges 2.5% and LooksRare charges 2%, Sudoswap fees are just a 0.5% fee on trades. The transaction fee is remitted to the Treasury for the development of the ecosystem. Again, you can lower your gas fees when you trade in bulk and reduce costs further.

## Conclusion

[Technavio](https://finance.yahoo.com/news/non-fungible-token-nft-market-153000067.html#:~:text=The%20increasing%20demand%20for%20digital,market%20during%20the%20forecast%20period.) estimates that the non-fungible token market worldwide will grow by $113.9 million between 2022 and 2027 at a CAGR of 35%. That suggests significant potential. Anyone looking to take advantage of that by trading NFTs may as well enjoy low Sudoswap fees and instant liquidity as extras.


pink image of sudoswap logo over pile cryptocurrency and fiat currency

How Sudoswap is Revolutionizing NFT Trading

With gas wars limiting the fair exchange of NFTs, Premint is ideally the best way to ensure inclusive participation.

When NFTs go on public sale, gas fees increase as customers scramble to purchase the tokens. Invariably, newer NFT collectors who can't afford the exorbitant gas fees get excluded.

Read on to discover what Premint is, how it works, the benefits of allowlists, and whether the concept is gathering widespread attention in the NFT world and beyond.

## What is Premint?

It is a non-fungible token service for [NFT creators](/news/article/how-to-create-an-nft) and collectors to compile allowlists for their NFT projects.

An allowlist is the opposite of a blocklist. It is a strategy that approves a specific list of email addresses, IP addresses, domain names, or applications for a particular service.

By compiling allowlists, buyers can easily access their favourite projects. This reduces time-wasting while hunting for NFT projects on Twitter or joining Discord channels. It also helps you track all minting dates.

## Benefits of compiling allowlists

Premint allows non-fungible token creators to define eligibility for their list and weed out bots and less-than-ideal customers. It establishes its baselines by asking for proof of the following; the wallet address' minimum ETH balance, Twitter authentication, Discord membership, and NFT ownership.

Creators determine the set of characteristics they want in their buyers. 

When users who meet the criteria register on the platform, the service automatically lists the available allowlists so that the user can apply for the list. Additionally, you can use the service to [track mint dates](https://www.nansen.ai/research/nft-minting-behavior-data) and jump in on relevant NFT projects early.

Already, the service has become the household name for allowlists. So far, more than 29,000 projects have used the platform. These projects have attracted 3,410,000 collectors seeking to register for lists, and one million have obtained approval to join lists.


blue image of premint logo on abstract blockchain background

Premint - How Does It Work?

Wondering how to find new NFT projects you can invest in?

Most popular NFT collections rely on hype, so getting in early is the only way to get the best deal. However, [investing early](/news/article/buy-nft-market) means that you are taking considerable risks. So, if the project goes bust, you will be left holding the bag.

Most NFT scams are usually quite elaborate and may be challenging to identify. Therefore, you should understand how to source for new projects and avoid scams.

If you invest right, you will get tremendous gains on your investment. This article will give you key points on how to find new NFT projects and avoid scams.

## How to find new NFT projects

In this section, we cover the best way to find new NFT projects from credible sources.

## Scout Twitter feeds

[Twitter](https://twitter.com/) is one of the best places to get information on all things crypto, NFTs included. When used right, you can get the inside line on emerging projects before they reach mass adoption. By the time of mass adoption, the token value will have doubled, and you've made your gains.

However, scouring Twitter can be challenging, especially if you are not an active platform user. Try to learn how to identify trends and crypto influencers.

First, find an NFT community. You can do this by following known crypto figures and established NFT brands. Within the community, you will get access to the latest news and announcements on established and up-and-coming NFT projects - some of which also host Twitter space and live Q&A sessions.

We recommend that you follow [@monineversleeps](https://twitter.com/monineversleeps) for reliable news and updates.

A word of caution: Just as you find great projects on Twitter, you can also stumble on scams masquerading as [free giveaways](/news/article/free-nft-giveaway-legit). Ensure you do your due diligence before investing in any new NFT project.

## Join Discord servers

[Discord servers](https://discord.com/servers) are like chat rooms for nerds. They are a great source of information and a great meeting place. If you want to connect directly with NFT community leaders and get updates on upcoming collections, you need to join the right communities.

Some NFT communities also invite you to provide discord servers when you invest in their collections. You can get the inside scope on upcoming NFT launches within these invite-only servers.

The best thing is that Twitter and Discord work well together when it comes to finding new NFT projects. Crypto influencers can direct you to great Discord communities based on their niches. In turn, you can find great Twitter profiles from the Discord channels.

A side note: Just as we warned about scams on Twitter, there are also scammers on Discord. Some of them create usernames that are identical to those of verified community members. So remember to verify twice before engaging in a conversation with another outside an authorized discord server.

## Surf OpenSea

[OpenSea](https://opensea.io/) is one of the biggest platforms for minting and selling non-fungible tokens. It provides a user-friendly platform for beginners and experts to create NFT within minutes. It even offers a mobile app to browse its hidden collection of NFTs on the go.

OpeanSea is the launchpad for many of the most significant NFT projects, including CryptoPunks, [Bored Ape Yacht](/news/article/bayc-derivatives-explored), and Doodles. So if you are seeking a platform to get NFTs before they hit their all-time high (ATH), consider getting an account on OpenSea.

Plus, you can access multiple NFTs from multiple blockchains. In addition, the platform allows you to bid for NFTs, track the price of each one and analyze the market trends.

## NFT news and resources

While social media and communities are great for finding new collections, you need expert insights to be well-rounded. This area is where news aggregators and blockchain learning resources become essential.

News aggregators will help you stay updated on the latest news and trends in the crypto space. These include news on up-and-coming projects, updates on existing projects, and analysis of some of the significant events happening in the crypto space.

[Blockchain learning resources](https://gist.github.com/65cdfe2f7fa1f84b4914f188d49d5323) might not directly help you find new projects. However, they provide background knowledge that helps you understand the tokenomics of new collections. That way, you can tell the good ones from the wrong investments. Many blockchains and wallets offer free academies and tutorials to brush up on your knowledge and insight into crypto.

## Do your own research (DYOR)

It is essential to filter NFT projects to get credible projects from the scam projects. Many NFT analytics tools can help you better evaluate the NFT and determine if it is a good project. Some of these tools are:

•	Upcoming NFT: This website tool shows you the presale, mint date, price, and community strength of NFTs. Focus on the closed or yet-to-be-announced collections to find great projects before they go live.

•	NFT Watcher: This is a great tool that notifies you of new drops. Check through the 'newly listed drops' section for rare gems.

•	Rarity Sniper: Rarity Sniper is an excellent tool for anyone who wants to get rare collections before they go mainstream.

•	NFT Calendar: This popular tool gives you timely information on NFTs in a simple interface. It shows real-time tracking of how many NFTs are minted by the day or on a blockchain.

•	Oxalis: This tool is like NFT Calendar but for gamers.

## Wrapping up

Finding NFT projects is like going on a treasure hunt. With the right tools and information, you can find a rare gem that will blow up your investment portfolio.


pink abstract image of person finding NFTs

How to Find New NFT Projects Early

Non-fungible tokens (NFTs) are probably the most popular use case for [blockchain technology](/news/article/blockchain-for-dummies). Some of them are worth tens of millions and have [received endorsements](/news/article/instagram-nft-minting-and-trading) from top celebrities and financial entities. They have also revolutionized how we view digital arts and physical assets. 

To help you get started, we created this guide on how to make NFT art.

## What is an NFT?

Non-fungible tokens (NFTs) are digital assets created and stored on a blockchain. They are unique cryptographic assets you cannot replace with another asset, hence the "non-fungible" description. Non-fungible tokens are created by minting them on a blockchain.

Unlike cryptocurrencies and fiat currencies, you cannot exchange one NFT for another. Each token has unique identification codes that help anyone to verify its uniqueness and originality on the blockchain. Even if you create a clone, anyone can tell the original from the clone by looking at the metadata.

Due to their non-fungibility, they are perfect for representing items from the physical universe, including physical artworks, videos, and real estate. However, you can also create them as standalone art. You can even create NFTs that do not represent any physical asset.

## How to make NFT Art

To create an NFT, you must sign up on a platform that supports NFT minting. This platform could be a crypto exchange or [NFT marketplace](/news/article/nft-art-marketplaces). You will need some cryptocurrency to verify the transaction and mint the token.

The amount and how you pay depends on how the blockchain you use charges a transaction fee for the minting process. For example, this fee is referred to as the gas fee on Ethereum and is paid with Ether (ETH).

Some of the popular NFT minting platforms are:

•	Binance (BNB Chain).

•	[Nifty Gateway.](/news/article/what-is-niftify)

•	Rarible

•	OpenSea

•	Proton Mint.

•	SolaNart

## How to make your first NFT Art

Ready to create your first NFT? Here is a step-by-step guide on how to create an NFT from scratch.

## Define your art

Figure out what you want to create. Most creators tie their NFT to a digital art piece like a short video clip, an image, or an audio file. You can even create an NFT out of a tweet. [Jack Dorsey made millions from selling an NFT made from his tweet.](https://www.cnbc.com/2021/03/22/jack-dorsey-sells-his-first-tweet-ever-as-an-nft-for-over-2point9-million.html)

The goal is to create something unique and original. So if you are basing your NFT on digital media, you must hold the right to that asset. Another alternative is to create them without an underlying basis for representation.

## Select a blockchain

NFTs are created and stored on blockchains. So, you must choose a blockchain to host your art. There are many blockchains options, each with its pros and cons.

The top choice for many digital creators is [Ethereum](/news/article/ethereum-prediction), and almost all marketplaces allow you to mint NFTs on the Ethereum blockchain. Other great options include [Solana](/news/article/solana-price-gbp), [Polygon](/news/article/matic-price-prediction), and Flow.

Each blockchain has its community and features, so you should research this. However, if you want to learn through the process, then Ethereum is where you should start.

## Set up a wallet

When you create a non-fungible token, it is stored on a blockchain address. You need a crypto wallet to access and interact with your NFTs. So, after you've chosen a blockchain, you need a wallet that supports your selected blockchain. 

Some wallets support more than one blockchain; some don't support more than one.

Therefore, you need to research your wallet choice and determine which blockchains it supports. MetaMask, Coinbase Wallet, and Ledger Nano X are the most popular options.

## Choose a platform

You need a minting platform to create your NFTs, and there are several platforms to choose from during your minting. For example, Rarible and OpenSea are two platforms that support minting on the Ethereum blockchain.

Ideally, you want a platform that allows easy minting at a reasonable cost and provides you with a place to list and sell NFTs. OpenSea and SolaNart are great choices to mint and quickly sell NFTs.

OpenSea is famous for its Ethereum-based NFTs, while SolaNart is a [Solana-based NFT platform](/news/article/solanart-nft-marketplace). You can also use crypto exchanges such as the Binance Exchange and Coinbase to mint and trade the tokens.

## Mint the NFT

Once you've chosen your blockchain, crypto wallet, and platform, the next step is to create your NFT. For illustration purposes, we will describe how to create an NFT on OpenSea. The processes for other platforms may be similar or different; however, the underlying principles apply.

•	Connect your wallet: Click the wallet icon from the OpenSea menu and select the wallet you wish to connect. This process will require you to make a verification on your wallet app.

•	Create your NFT: Select the "create" option on the Open Sea platform. This option will create a page for you to upload your NFT art and define its features and the blockchain you want to use.

•	Define your NFT: You need to give your NFT a name and description. You can add special features such as discount codes or private Discord channel invites. You can also expand your NFT to a collection or limit it to only one.

•	Pick your blockchain: The last step is to select the blockchain to store your NFT. Don't make a mistake here, as you cannot change this after you have minted the NFT.

•	Mint your token: Congratulations! Your digital asset is live. However, it still needs to be put up for sale. To do that, you need to select the sell button and indicate your sell price and how long you want to put it up for sale. Most platforms allow you to list your NFT for free or next to nothing, while others can charge a lot depending on the network fees at the time of listing.

Depending on the platform, it will cost you a small fee to sell an NFT. Some platforms, such as Binance, will take a percentage of the selling price to cover platform fees and other applicable fees. Other platforms like OpenSea, on the other hand, charge a flat price for each sale.

You can also choose to earn each time anyone sells your NFT and can earn up to 10% each time it is subsequently sold.

## Wrapping up

You now know how to make NFT art. Minting an NFT requires you to learn a few concepts, like using minting platforms and digital crypto wallets. Once you get a grip on these things, creating them becomes easy.


pink image of woman drawing nft on a tablet with bitcoins on the desk

How to Make NFT Art in 5 Steps

The racing unit of luxury automaker [Ferrari](https://www.ferrari.com/), part of the 2023 Formula One World Championship, has terminated its contract with the cryptocurrency sponsor, [Velas](https://velas.com/), causing the F1 Ferrari team to lose backing worth millions of dollars before the start of the season. The news came just a month before the pre-season testing.

## F1 Ferrari and crypto sponsors split up

Scuderia Ferrari partnered with the Velas blockchain firm in 2021. The deal assigned a yearly amount of $30 million to boost fan engagement via different initiatives, including non-fungible tokens ([NFTs](/news/article/virtual-land-nft-rush)). It was a multi-year arrangement, but now Ferrari has broken its ties with the blockchain firm.

The partnership lasted only a year, as neither party would renew their alliance. According to some sources, the team was non-compliant with the clauses that permitted Velas NFT creation. 

Furthermore, chip manufacturing company, [Qualcomm Snapdragon](https://www.qualcomm.com/snapdragon), won't be part of Scuderia's sponsors. Following the splits, the logos of both these companies will be removed from Ferrari's partner list for the 2023 Formula One Championship.

The end of the partnership has also resulted in heavy losses for the racing team. The Italian squad has to bear losses of around $55 million.

## Teams cutting ties with crypto firms

It is not the first time an [F1 team](/news/article/formula-one-teams-crypto) has ended its partnership with a crypto company. Various automakers are also hesitant to work with blockchain firms. 

Earlier, Mercedes withdrew from its deal with the cryptocurrency exchange FTX. It was after the exchange filed for Chapter 11 bankruptcy. Red Bull's racing team also ended its association with the Tezos Foundation because of the misalignment of strategies between the two firms. 

Web3 projects and crypto firms have been a part of sports events for some time. Crypto.com was also one of the sponsors of the [2022 FIFA World Cup](/news/article/cronos-crypto-falls-flat-world-cup), but it gained little traction from the partnership. The market going through a crypto winter may affect these partnerships, further aggravating the bear run.


red image of Velas Scuderia Ferrari with crypto coins bordering

F1 Ferrari Team Breaks Ties with Crypto Firm

Presently selling at 9.49 SOL, the Bored Ape Solana Club (BASC) NFT is the first platform to implement the Proof of History protocol. In this article we take a look at the club's origins, how it works, and how it is doing now.

## What exactly is BASC?

[BASC](https://boredapesolana.club/) is a community-run Solana NFT project with 6,000 hand-drawn bored apes that do not correspond to any Ethereum BAYC NFTs.

## How it all started

BASC first launched a stealth mint on 4 January, 2022. On 13 January, 30 minutes after completing 100% of the mint, the collection went live on Magic Eden.

Bored apes were selling for 50+ SOL 48 hours after the launch, while the floor price had risen to about 10 SOL.

![boredaoe1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/boredaoe1_1da6582a81.png)
 
Contrary to what anti-BASC trolls predicted, it retained a 20 SOL floor price after only three days of being posted live on Magic Eden and was trending as the top NFT collection on bored apes 48 hours after the debut, while the floor price had climbed to roughly 10 SOL.

Since then, these Solana NFT collectibles have already achieved significant milestones, including crossing the $10 million market cap threshold.

[BASC](/news/article/how-to-buy-monkey-nft) also uses a novel Proof of History algorithm to process up to 10,000 transactions per second.

BASC NFT is listed on [MagicEden](https://magiceden.io/marketplace/bored_ape_solana_club), [OpenSea](https://opensea.io/collection/bored-ape-solana-club), [Solanart](https://solanart.io/collections/basc), and WeYu. However, to own these collectibles, which grants you many benefits, you must have a [Phantom Wallet](https://phantom.app/) installed and linked with Solana. You can now [head to claim artwork (PFP)](https://www.basc.app/frame/) and follow other instructions.

Similarly, you can exchange another NFT for a bored ape in only four easy steps.

![boredape2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/boredape2_85378e8de9.png)
 
Following your confirmation that you are [trading](https://www.yawww.io/) for a valid BASC NFT, which will contain a check for the collection, you must link your Solana wallet, put in an offer, agree to the terms of the trade, and then wait for the buyer(s) to respond before concluding the transaction.


Bored Ape Solana Club Explored

[CoralCube](https://coralcube.io/), an innovative Solana NFT aggregator and AMM DEX platform, is revolutionizing how investors and collectors transact and purchase NFTs. 

## CoralCube: What is it?

CoralCube is a decentralized NFT marketplace that gives users access to various trading alternatives. These include auctions, spot trades, derivatives, and a safe and simple way to buy and sell digital artwork, collectibles, and other [non-fungible tokens (NFTs)](/news/article/moonray-nft-gaming-platform).

With its intuitive user interface, secure trading environment, and advanced features, this NFT marketplace is quickly becoming the go-to platform for experienced investors and casual collectors. 

## Recent updates on the CoralCube marketplace

According to a [recent tweet on its official Twitter handle](https://twitter.com/coralcubenft/status/1595494147497988096?t=kIiHc-K_9_rNXpYkMWXULQ&s=19), CoralCube has implemented an Automated Market Maker (AMM)-based DEX "with 13 launch partners" - the tweet reads in part.

The traditional order book is assumed to be changed by liquidity pools which are already funded on-chain for both assets in the trading pair in an AMM-based decentralized exchange.
  
![coralcube1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coralcube1_6db2b10310.png)

By doing this, liquidity (primarily on Solana) is provided by other users who also receive trading fees on their deposits based on the chunk of the liquidity pool they contribute.

## CoralCube: How it works

Getting started with CoralCube NFTs is simple. First, users must create an account on the platform and complete the necessary verification process. Once the account is open, users can begin searching for NFTs to purchase. They can also create their own NFTs and manage them on the platform.

## Features and functions

•	CoralCube is a decentralized, non-custodial NFT platform. NFT producers and collectors can trade NFTs straight from their wallets because it is a "non-custodial" platform. This means they always have full ownership and control of their wallets and NFTs. As a non-custodial platform that uses smart contracts to facilitate any NFT transaction, this eliminates the need for third parties.

•	Additionally, CoralCube provides a safe escrow system to ensure that transactions are carried out securely.

•	An intuitive user interface that makes it easy for users to quickly find the perfect asset for their collections.

•	Its advanced search and filtering capabilities.

•	Transactions are also transparent and can be tracked by anyone on the blockchain.

•	Other features include auctions, classifieds, and P2P transactions. These features provide a wealth of options for users to buy, sell, or trade their NFTs.

## Top collections on CoralCube

There are several NFTs, including collectibles, gaming assets, art, and music, that users can access on the marketplace. 

![coralcube2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coralcube2_980b98e76a.png)
  
On [CoralCube's official website](https://coralcube.io/), the current trading dashboard of NFT collections by 24-hour volume shows that y00ts is at the top of the list with a floor price of 157.99 SOL.

![coralcube3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coralcube3_2a79983b30.png)
  
However, users can create their own NFTs and manage them in the space, with access to a wide range of NFTs from various sources. 

CoralCube is designed to be a secure and reliable digital marketplace for making NFT investments. The platform gives users access to various security features, such as two-factor authentication and encryption, to protect their investments.


Latest Moni

Digital Art News

Read the latest Digital Art news.

Loaded Lions NFT Explained

Thetan Arena: A Beginner's Guide

Entain Leads the Way with NFT Auction

Tezos NFT Marketplace Explained

Droppp NFT Platform Explored

Reddit NFT: What is it and where can I buy one?

FTX Funds: Political Donations to be Recovered

Dingo Crypto is a Scam Cybersecurity Firm Says

Why is Pionex Trending Online?