Category Archive : Crypto News

DeFi and DApps

All About DeFi and DApps with Special Reference to TVL

The world is evolving at a faster pace. Things are getting digitized and it has become mandatory to design a comeback that supports all the departments of our lives. Financial freedom and wealth protection are some of our primary needs in this regard. Decentralized Finance is the gateway to achieving financial freedom in the new era because of its user-friendly approach. It helps you in leading a self-dependent life without any hassle. DeFi apps and blockchain projects are focused on redefining currencies by revolutionizing banking and trading systems on the whole.

This process is multidimensional and involves different aspects and factors. One of the basic concepts that must be considered is TVL – Total Value Locked utilized as a reference point by various decentralized finance tracking sites. TVL refers to the primary supply that is associated with a DeFi platform. More often, it has been observed that the total value locked ratio is inversely related to the worth of an asset. The statement holds correct while considering the theoretical dimension of the process. However, in practical life, it is not true all of the time.

DeFi Coins 2021

The path of Blockchain technology employs NFT & DeFi coins like different types of cryptocurrencies as an effective & super-quick way to address concerns related to the protection of wealth. Admirers of digital finance are interested in building assets with no interference by third parties such as banks and Govt. This scenario leads to the build-up of an entirely democratic ecosystem that supports no centralized institutions.

Crypto trading has got immense popularity around the globe. It involves buying and selling non-fungible tokens like DeFi crypto coins at various exchanges. For example; BTC, AAVE, UNI, LINK, SNX, ZRX, WBTC, COMP, DAI are readily available on the Ethereum platform. The right strategy along with a skillset leads to massive success even overnight, thus transforming the dream of making money online into reality. Uniswap is a prominent element in the crypto space that seems to top the DeFi market system.

Dapps and their Protocols in the crypto world

The open-source protocols or applications that do not fall under a single authority are called decentralized applications represented as dApps. These are built and operated on top of widespread blockchain systems, peer-to-peer networks, and computing systems. These systems mainly involve Bitcoin and Ethereum. Stats on the Crypto app tracker show that a total of 3k dapps are currently operating on the ETH blockchain. Dapps represent Blockchain Total Value Locked.

Mainly, dapps are of three types. Type 1 possesses its Blockchain such as ETH and BTC. Type 2 dapps such as Augur and Omni have tokens and tend to utilize the Blockchain of type 1 dapps. Type 3 dapps depend on the protocols of Type 2. The example is SAFE. DeFi and dApps are connected in such a way that the latter is based on a blockchain network. Collectively they can be called DeFi dApps that refer to web services based on blockchain networks. These applications help with services like borrowing, lending, and many more just like centralized platforms.

Dapps serve various purposes including creating updated software that are secure and are based on innovative ideas. Using these applications developers can develop tools to support online businesses and marketplaces.

Unlike conventional applications, dapps are resistant to security invaders, bugs, and potential harms. One could utilize security and privacy protocols of decentralized applications that contribute towards developing a risk-free ecosystem. Decentralized applications such as ETH ensure to provide free services. BTC could be termed as the first dapp but the popularity of ETH has taken it to the next level. The overall networking system, no downtime, data integrity,  contracts, and user-friendly approaches of Ethereum make it the desirable platform in this regard.

DeFi Locked TVL

Several Decentralized Finance industries are in operation and there is a need to sort the best ones out. For this purpose, one of the most commonly used and effective metrics is defi locked tvl. It signifies the growth and ranking of a DeFi application on various chains like Ethereum, Multi-chain, Binance, Polygon, Terra, PolyNetwork, Solana, Stacks, etc. One-day exchange and seven-day exchange data are also shown there. One can get easy access to all the statistics related to TVL in BTC and ETH.

This platform provides thorough information about the Protocols, Assets, Dexes, Lending, Yield, Indexes, Options, Insurance, and Staking. In this way, it helps investors and traders choose wisely based on authentic statistical data, thus reducing the risk to a significant extent. As a result, the chances of generating increased revenues are added up.

One might confuse the TVL indicated on a DeFi site with outstanding loans but this is not the case. Secured assets are locked assets – that is all. By having a look at the total locked value, the health and yield of a crypto market can be estimated. Before diving into crypto space, a user is concerned with the supply of the DeFi crypto, its current value (price), and the maximum supply that it could provide.

Considering Dapps, they can do everything a normal mobile or web application can perform. From keeping records to maintaining security, they have got it covered. Also, they can not be censored like centralized systems and their codes can be witnessed by anyone not merely just developers. Dapps serve the users with innumerable benefits and rewards. We can say that BTC is also a decentralized application that possesses a blockchain of its own as well.

How to harvest the maximum benefit out of TVL?

It is always safe when the prerequisites have been fulfilled already. While relying on cryptocurrency, the homework would include careful and accurate statistical analysis and calculations. An ideal way to estimate the current market cap is to multiply the values of market price with the current supply. To calculate the ratio of Total Value Locked, divide the previous answer by the total locked value of the service.

Considering all the ins and outs of DeFi crypto and TVL, we can visualize the data properly and enter the crypto space like a pro.

xxxtoken

XXXToken – A Leading Currency of Adult Entertainment Industry

XXXToken is a digital currency developed for the worldwide adult content business on the Internet. A new era is dawning, and the adult content sector is embracing Blockchain. XXXtoken.net is your website that has gathered together the most popular adult entertainment websites from across the globe. XXXToken is a decentralized initiative intended to be utilised by anybody on the internet, similar to Adult Content, with a 100% anonymous team!

The New DeFI Coin Is Supported by A Unique Concept and Tokenomics. Holders are rewarded on a regular basis. $XXX Has Been Dubbed “The Next Big Thing” By Investors!! Here’s what you should be aware of: Everyone Loves XXX, Strongest Tokenomics in the Crypto Space, Committed and Dedicated Project Team

We strongly encourage you to join the group and check it out since gems like this don’t come around very frequently. Join us in the countdown to the presale and get Limited Edition Founders NFTs! $XXX Token is gaining traction quickly, and we recommend that you join the group and conduct some study before it takes off.

What is driving thousands of new investors towards $XXX Token?

These are a few of the forthcoming $XXX events that have a real-world application: Contract Renunciation upon presale completion, Random NFT drops (Only 50K will be minted!! ), Ambassadors App, our own DEX for staking your NFTs, and Explicit Content Tapping It’s a new currency that’s being introduced with the goal of being utilised in the adult market. Opening a merchant account in the XXX sector is difficult. The majority of businesses are unwilling to deal with them. So, why haven’t they switched to a blockchain solution with a secure payment wallet that contains their own currency that can be used to support the adult entertainment industry?

In the next 18 months, we expect it to be a huge use case. We’re trying to build a payment processing system using our money. There are less costs, a faster processing time, and no chargebacks for businesses. XXXToken is a cryptocurrency payment processor that is built on the Ethereum blockchain. The aim is to build an economic and technical infrastructure for the porn industry. To bring the core benefits of blockchain, such as privacy, security, economic efficiency, and self-sovereign identity, to the porn industry. The XXXToken will be the only payment mechanism for viewing your favourite pornographic material on our web platform. Using our native XXXToken, you’ll be able to buy videos/images, tip your favorite artists, send private messages, and make 1on1 video/audio calls on our content sharing platform.

Website Details:

Website Link: https://xxxtoken.finance/

Telegram: https://t.me/XXX_Token

 

Emotional Stability in the Trading Profession

How to Maintain Emotional Stability in the Trading Profession

A Forex trader needs to maintain his emotional stability throughout the trading period. If not, gaining and maintaining lasting success will be impossible. Therefore, his key and foremost duty are to balance sensitivity.

If anyone takes an action with negativity, no matter how much better a plan is, it will not work. So, sentiments ought to be scrutinized and restrained with positive thinking to facilitate a plan without emotional vulnerability.

This article is going to narrate the best ways so that you can stabilize psychologically while trading. Without any delay, let’s dive into the details.

Laugh

You have a magical component that is “laughing.” It works so fast than medicine. Therefore, it can rename as the best medicinal treatment. A laugh can also help in releasing stress. Laugh works in two ways mainly- by increasing physical functions and upholding liveliness. Overall, laughter is the best way to communicate among others expressively and make interpersonal relationships harmonious.

Smile

Your smile is your strength. A person can defeat his fear, anxiety, and depression with a beautiful smile. Of course, he has to face ups and downs always in trading but should not forget to smile. Functions of smile include reducing stress, lowering blood pressure, enhancing immunity, and improves psychological weakness.

Breathe

Restores calmness and positive feelings by breathing. When something bothers someone, he should close his eyes, hold his breath for a few seconds, and then release it. With that releasing he can get rid of pessimistic vibes. And once you control your breathing, managing the stress will be much easier. Thus you can even expect to make wise decisions while trading crypto. So, focus on this factor from the start.

Exercise

Boost your confidence and admiration with daily exercise. Exercise for 30 minutes daily at a minimum. With the help of training, they can reproduce the production of intelligence and feel better. Good health not only helps you to increase productivity but also supports carrying out long-term activities.

Sleep

To improve working performance, sleep well. Do not dare to work restive in the trading market. As a result, it can impose intense pressure on your trading performance. Better sleep can help you to work more accurately.

Music

Music can be a source of significant assistance. Plug your earphones in and put on your favorite songs. It will give a mental break. A mental break is essential and is also useful for increasing productivity in the trading profession.

Meditation

To enhance concentration and remain focused, meditation is esswential. Purposes of meditation include-

  • Tune out noises that come from outside
  • Correct breathing
  • True relaxation
  • Rejuvenated psychological energy
  • Concentrate too far
  • Highly thinking
  • Enhancing and improving memory
  • Eliminate the risk of emotional vulnerability

Gift

After doing something for a long hour or appreciable, a person should do something special. Like appreciating himself. If he can’t give himself credit for something, nobody will. So, go for a short walk or buy something nice. Do whatever you enjoy, so that you can relax

Dream

Do not lose hope. Keep dreaming. No one can snatch a dream from anyone. Goals might help a man to feel alive and appreciate the little things in life.

Talk with a supportive one

Do not over think and never let your frustration linger permanently. In the face of too many losses, talk to a mentor or supportive ones. Doing this can yield suggestions and draw out better or more valuable advice from them.

Self-care

Love yourself at first and take good care of your health and mind. It will be tough for a trader when he began confronting problems in Forex trading. However, at that time, no one will be there to care about him. So, he should hold himself confidently. Because he will be able to start again even with a 1% chance if he remains in good health.

Proud

Let yourself feel proud and celebrate your successes. Gain confidence in yourself that you are sure to overcome the many different battles you will face along your trading journey.

From the above discussions, you will get a better idea about controlling your emotional vulnerability as a Forex trader, and in the trading system. Thus, you will be able to establish more control over your trading strategy and become more disciplined.

Deadly Traps in Forex market

Knowing About the 3 Deadly Traps in Forex market

Every year, many traders quit trading due to facing failure. Some traders do their tasks with an extreme level of precision. But, they lose their money. Actually, no one can predict the market. That’s why traders sometimes, make the wrong decision and thus face problems. However, you need to understand, you have to develop a proper understanding of the market so that you can make the right decision. However, in the market, traders fall into many traps. For which, they face big troubles. So, as a trader, if you want to get out of these traps, you should know about them.

In this post, we’ll discuss the three major traps you should consider in terms of trading. So, let’s know about these.

Scammers

Broker plays an important role in terms of trading. So, if you want to do better, you should choose the right broker. Because, in the market, there is some broker who is waiting to snatch your money. However, for trading properly, traders need to hand over the money to the brokers. So, if the broker is not trustworthy, you might not keep your money to them. However, it’s not so difficult task to choose a smart broker. If you do some analysis, it might easy for you to choose the right brokers. You just need to check the reviews

By the way, you can check out the broker through the demo account. As a result, you may get the proper idea about the broker. A good broker can provide better information to the traders. Based on these, they can take the right action. However, pro traders always prefer to choose the high-end broker as they get the proper support. So, always try to choose the best Australian Forex broker. If required, seek guidance from the experts and learn the broker selection process. Once you know the proper way to find a good broker, you can easily ensure quality trading environment.

Discipline

In reality, it’s really tough to keep the discipline. Basically, during tough times, traders can’t keep discipline. And so, they make mistakes. To become profitable, it’s really important to do the work by taking the proper action. Or else, it might be difficult for them to face the winning streak. Always remember, discipline can help the traders to increase their patience. And to go on a long path, you should become self-restraint. However, to increase the discipline level, they need to maintain a routine which might help them to do better. So, invest your time to make a better routine.

Most of the traders face troubles due to their emotions. Discipline aids the traders to control their emotions. That’s why pro traders always try to trade with discipline. As a retail trader, if you can follow a plan, you may keep the discipline in your work. But, traders face problems because, sometimes, they don’t use any plan.

Major News announcements

Some major news influence the price movement vastly. That’s why traders should become aware of these issues. Or else, they might face big troubles. In the market, some traders ignore the fundamental news. So, they fail to take the wise steps. If they can’t take the proper decision, they might miss the opportunity. So, they should keep the economic calendar which might help them to get the news in time. By the way, there is much news which has a great impact on the market such as interest rate, inflation rate, and so on. As the value of the currency fluctuates due to this news, you should become up to date. However, don’t be misguided by the false news. Try to collect the news from an authentic source.

So, these mentioned things, traders should consider in terms of trading. Because, if they don’t focus on these issues, they’ll face major problems. However, once you learn to make wise decision, you may not face any problems.

Read more: ROCATRADES – A Guide to Improve your Trading Skills

NFT Marketing Agencies

Top NFT Marketing Agencies 2021

NFTs have taken the blockchain industry by storm and it is safe to say that the digital trend has created business opportunities for artists, musicians, journalists, and everybody else. These guys need experts to educate them on industry best practices and guide them on the best strategies to market their NFT sales. Luckily there are a number of top NFT marketing firms to help you. Some focus more on the creation of NFTs, while others are more focused on marketing and sales.

Here is a list of top NFT marketing agencies – in no ranking order.

Ninjapromo

NinjaPromo is the top creative digital marketing and content production agency in blockchain and NFT Sphere. NinjaPromo is based in New York, focused on SMM and community management through outstanding content production, paid social advertising, influencer marketing, PR  and media relations, and more. When cooperating with NinjaPromo, you can be sure that your NFT campaign will be managed successfully. They helped to gather over $1,5 billion during investment collection, while also offering video creation services (promo and explainer videos), UX/UI design, website design, branding, the list goes on.

TokenMinds

TokenMinds is a top-notch NFT marketing agency. Launched by three marketing experts in 2015, the company specializes in marketing, growth, and fundraising, but also provides insights on go-to-market strategy and community building. If you need consultation on how to structure and promote your NFTs, TokenMinds is a great option. On top of the impressive client list, TokenMinds has gotten its clients some great results, including helping projects raise up to $70 million through crowdfunding.

In addition to NFTs, TokenMinds also offer services such as community management, PR and influencer programs, bounty campaigns as well as promotion in Asian markets. The company can offer support in English, Japanese, Chinese, Korean and other languages customizing the campaign to the needs of every client.

FireCask

FireCask is a creative agency that offers consulting services to both NFT and non-NFT clients. The agency focuses on marketing consulting, as they’re a full-service agency offering services like SEO, PR and social media marketing. Along with marketing, they can also help manage your community of followers which is an added bonus.

Coinbound

Coinbound is also one of the early entrants to the crypto advisory industry. However, NFT marketing services are just one part of their core business, which also includes crypto marketing, growth and sales. They have worked with a huge number of big-name clients including MetaMask, CryptoDaily, CoinStats, OKEx, Nexo, Cosmos Network, among others.  ,

X10

X10 is another crypto and NFT marketing agency. They recently just started marketing NFTs but were originally a crypto marketing agency. Just like TokenMinds, they also focus on Defi, STO, IEO/ICO and other niches within crypto. They’re based in Russia and have a strong presence in EMEA with smaller brands in the region. This is another agency that’s been in the space for a while and specializes in crypto.

Read more: How much does it Cost to Build an NFT marketplace?

lock liquidity

The Best way to Lock Liquidity in the Crypto space

In the crypto industry and in fact, in any financial industry, the liquidity of the asset is of utmost importance. For crypto, it simply indicates the ability to convert the crypto tokens to fiat currency like dollars. Without liquidity, the cryptocurrency token will hold no value.

However, due to the transparent and decentralized nature of the crypto space, the liquidity can easily be withdrawn by the token owners. Liquidity rug pulls have become a common scam in the digital world of Cryptocurrencies, and have caused considerable loss to investors. This write-up discusses an effective platform that can avoid such scams in the most effortless and accessible way!

Why use liquidity lock for crypto tokens?

Like other industries, the crypto marketplaces also have ins and outs. “Rug Pulling” is common and is a type of crypto scam in which malicious crypto developers defraud investors. They do this by running away with all the liquidity pool funds from DEX like UniSwap or PancakeSwap.  This is now a common crypto “exit scam” because the so-called crypto developers launch a platform, offer enticing benefits to users, raise investments, and then leave with liquidity, leaving buyers bankrupt.

Owing to these scams, the concept of liquidity lock is introduced in the crypto space. However, this used to be a very costly and difficult process due to the lack of a good liquidity locking platform. Not anymore, In this article, we review Mudra Liquidity Locker, a simple tool to Lock Liquidity, that is also extremely economical and low-cost. With Mudra Locker, token developers can lock liquidity for their BSC/ BEP-20 tokens and provide confidence to their investors that they are not scammers who would withdraw their funds.

How does it work?

Liquidity is locked when the Liquidity Pool Tokens are sent to Mudra Locker smart contract for a fixed time interval. The locker time-lock contract secures your LP tokens. Since developers do not have the ownership to withdraw them, they can no longer hoodwink the token buyers. The token owners would typically disclose the lock duration to assure all the investors.

Benefits of using Mudra Liquidity Locker

The benefits of using the Mudra liquidity locking platform, especially in 2021, are unbelievable!

  • Trust development in the community

When your assets are secure, the community believes and invests in you. You can then reach the maximum potential of your business growth. Token owners can share the Mudra lock certificate with the investors and gain their trust.

  • No risk of scams for investors

Chances of scams significantly reduce the funding appetite of investors. They become skeptical of dealing with your tokens. With the Mudra Lock Liquidity platform as an investor, you can feel safe and freely invest in a new BSC token.

  • Cost-effective solution

No longer token owners need to shell out a bomb to secure the LP tokens. Mudra Locker offers the lowest charges in the world to lock liquidity.

  • Best-in-class features

No need to deal with legacy platforms with clunky UI, Mudra locker has the most intuitive interface and lock features. Using Mudra Locker, you can lock your liquidity within seconds and with no help required. There is extensive documentation and how-to videos available in case you need help.

  • Trustworthy service provider

The reputation of Mudra in the crypto market on Binance Smart Chain says it all. Mudra has innovative tools for BSC blockchain. You can research and find legit tokens from scams and shit coins using the Mudra Research tool. Mudra also offers its own BEP-20 token creator, which has anti-whale mechanics and honeypot-free source code. 500+ developers and 20K+ investors using this platform.

  • Independent platform

Mudra is an LP Coin Liquidity Locker platform that is not owned by a token developer or an organization. It does not have any vested interests. Due to an unbiased approach, there are no risks of scamming and hidden agenda of promoting a utility token.

Final Thoughts

Using a Liquidity Locker is mandatory, especially today when scammers are flooding the crypto space with shitcoins and scam coins. For token developers, choosing a platform like Mudra Locker would help differentiate your token as a legit project and would make it a crypto gem. For investors, it provides the much-needed assurance and protection against losing all their money.

NFT marketplace cost

How much does it Cost to Build an NFT marketplace?

Almost every Internet user would have come across the term “Non-Fungible Tokens” (NFTs). It has received a lot of media coverage both in the crypto market and mainstream economy. Further, Crypto collectibles have a humongous market capitalization of $18.14  billion as per CoinMarketCap. They also have a daily trading volume of $2.60 billion. Let’s look at How much does it cost to build an NFT Marketplace

What is an NFT marketplace?

An NFT marketplace sells a wide variety of high-value crypto collectibles to investors through auctions. Buyers can purchase different kinds of artwork, domain names, fashion accessories, gaming assets, memes, metaverses, music (both albums and tracks), photographs, software licenses, sports goods, trading cards, tweets, and videos from the online platform by making bids.

OpenSea ($1.45 million), Axie Infinity ($1.26 million), NBA Top Shot ($1.06 million), AtomicMarket ($850,840), and Decentraland ($789,670) have high trading volume as per DAppRadar.

AtomicMarket (20,585), NBA Top Shot (19,380), Axie Infinity (2860), OpenSea (2569), and Sorare (1979) have the highest number of traders.

What must entrepreneurs know before developing an NFT marketplace?

Binance Smart Chain (BSC), Cardano, EOS, Ethereum, Flow, Polkadot, Solana, Stellar, and TRON help in the creation of different NFT marketplaces.

Besides that, investors store crypto collectibles in secure digital wallets like Brave, Coinbase, Dapper, Fortmatic, MetaMask, MyEtherWallet (MEW), Portis, Torus, Trust Wallet, WalletConnect, and WalletLink.

Moreover, entrepreneurs can ensure a high level of safety and transparency on the online platform by conducting Know Your Customer (KYC) and Anti-Money Laundering (AML) verification of all the artists and buyers.

Artists, content creators, celebrities, fashion designers, filmmakers, game developers, journalists, musicians, photographers, property developers, publishers, social media users, software developers, and sportspersons are the biggest sellers of NFTs.

How does an NFT Marketplace Work?

Content creators and investors have to register on the crypto collectible selling platform. They undergo KYC/AML verification. The admin approves their accounts after verifying the data. The artist uploads a file of their unique work on the NFT marketplace. They use different formats (JPEG for memes and photos, and Mp3/Mp4 for videos).

The NFT marketplace automatically mints it as a digital collectible. Details of the accepted payment methods, a banner image, bidding deadline, description, name of the NFT, price, and tags are mentioned. The artists can also update their profiles with photos and social media account links.

Content creators can choose between declining-price listings and fixed-price listings for selling their precious NFTs to crypto enthusiasts.

Interested buyers place their respective bids after the start of the auction. Subsequently, artists review all the received bids and select the best offer based on their business requirements.

The content creator informs the concerned buyer about the acceptance of the NFT trading deal. The buyer makes the needed payment to the seller. Sellers receive the required payment in his/her crypto wallet.

Sellers transfer the NFT directly to the buyer’s digital wallet. Finally, the NFT marketplace completes the trade successfully.

What are the must-have features in an NFT Marketplace?

Live auctions – Many NFTs can be sold to prospective investors through the Live auction option. It contains information like names of the NFT and seller, payment methods to use, a photo, price, number of bids made by other buyers, and time left for bidding.

Trending Collections – Certain NFTs get a high selling price if they are showcased in the Trending Collections section. Useful insights like average price, characteristics of the crypto collectible, name of the seller, total supply, and trading volume are shared with interested investors.

Acceptance of numerous payment methods – Apart from popular crypto wallets like MetaMask and MyEtherWallet, an NFT marketplace will strike gold in the market by accepting payment options like credit cards, debit cards, net banking, and wire transfers from buyers.

Provision of 24×7 customer support – Entrepreneurs can boost their retention rate by offering round-the-clock technical support services to content creators and investors. This ensures that all issues related to bidding, payment processing, and trading are solved quickly.

Sharing of instant notifications – Investors make the best NFT purchasing decision by receiving the latest information through email alerts and push notifications. Additionally, they will know real-time data about the launch of hot collections, new NFTs, and upcoming auctions.

What are the top 3 trending NFT marketplaces in the industry now?

CryptoSlam – It operates on the robust WAX blockchain network. CryptoSlam offers real-time purchase options for investors. Buyers can deal in crypto collectibles listed on both the Ethereum and Flow blockchain networks.

It also shares a detailed list of the top-selling NFTs sold on CryptoKitties, CryptoPunks, Gods Unchained, Meebits, NBA Top Shot, and Sorare. Overall, CryptoSlam tracks the performance of 50 different NFT marketplaces across 3 blockchain networks.

Waxplorer – It is an NFT explorer that runs on the WAX blockchain network. Waxplorer has processed 48,790 peer-to-peer (P2P) transactions in the last 1 month. It sells NFTs as individuals, collections, and packs through active listings to buyers.

Myth.Market – It has grown significantly in the last 1 month. The online platform processed 8680 P2P transactions worth a trading volume of $4230. Myth.Market sells popular digital trading cards to investors through 5 Featured Markets. Buyers can purchase NFTs from Blockchain Heroes, GoPepe, GPK, KOGS, and Shatner markets on the WAX blockchain network.

How to build an NFT Marketplace?

An NFT marketplace development company creates a crypto collectible selling platform in just a few days or weeks. It includes stages like business analysis, market study, UI/UX designing, deploying the smart contract on the blockchain network, adding all needed features in the front-end and back-end, testing its performance and security, launching the NFT marketplace, and implementing aggressive digital marketing campaigns.

Bug fixing, issue of software upgrades, maintenance, and technical support are also available. They denote the post-deployment services as part of NFT marketplace development solutions.

NFT Marketplace development Cost

The total cost of creating a modern NFT marketplace depends on factors like features, the overall level of customization, hourly rate paid to developers, tech stack, time taken for development, and third-party API integration.

Wrapping Up

Above all, the crypto industry is thriving now with the entry of new NFT marketplaces like Artemis, AvatarArt, Binance, Bundles, BuyUcoin, Collectible, eBay, Elitium, Hoard Exchange, KWON, LATOKEN, Nafter, VANCAT, and xSigma.

This indicates bright times for entrepreneurs aiming to set up their own NFT marketplace. Nonetheless, they can pocket huge revenue from auction fees, bidding charges, charging a commission from content creators for every primary and secondary sale of NFTs, gas fees, listing charges, minting fees, registration charges from artists and buyers, and transaction processing fees.

Hence, you can join hands with a reputed NFT marketplace development company now and get positive business results soon.

Also Read: 3 NFTs Worth Investing In Right Now

NFTs Worth Investing

3 NFTs Worth Investing In Right Now

When it comes to NFTs, follow your passions, not the market

NFTs are having a huge cultural moment right now.  In March 2021, digital artist Beeple sold one of his NFTs for $69 million.  Zoë Roth, who became internet famous in the widely shared “Disaster Girl” meme, sold an NFT of the original photo for almost $500,000.  And New York Times columnist Kevin Roose sold an NFT, of his article about NFTs, for $560,000.  In short, NFTs are leading to big paydays, and a lot of people are cashing in.  But what exactly are they?

Understanding NFTs

NFT is an acronym, short for non-fungible token.  Before we dissect what non-fungible tokens are, it’s important to understand the concept of fungibility.

Fungibility means that an asset can be traded or interchanged with other assets of the same type.  For example, a one-dollar bill is fungible.  Let’s say Person 1 loans Person 2 one dollar, and Person 2 pays back Person 1 using a different one-dollar bill.  It doesn’t matter that Person 2 paid his debt using a different dollar bill – a dollar is a dollar as long as it’s the same currency.  Regardless of what dollar bill you have, you still have one dollar.

Non-fungible assets are the exact opposite.  If Person 2 takes Person 1’s yorkie for a walk and brings back a different yorkie, there’s a problem.  Yes, Person 2 has brought back the same dog breed, but they haven’t returned Person 1’s specific dog.  Thus, non-fungible assets are unique, and their value lies in the fact that they can’t be interchanged for other items.

This brings us to NFTs.  NFTs are essentially proof of ownership and authenticityof digital goods.  They can be sold for money, like rare artifacts or pieces of art, but not traded like cash or stocks.  Most NFTs are logged on the Ethereum blockchain, which serves as a decentralized and trustworthy record of who owns each NFT.

As an example, the person who bought Beeple’s $69 million NFT is the only person who holds that NFT and that transaction is logged on the blockchain.  The owner can’t simply trade the Beeple NFT for another NFT; they’d lose money and receive something far less valuable in its place.  Instead, the owner can hold onto the Beeple NFT, wait for the price to increase, and then sell it to the highest bidder.  Essentially, NFTs are investments, with each one serving as a unique piece of digital property.

The Best Approach to NFTs

Now that you know what NFTs are, this begs the question – what are the best NFTs to buy?  Unlike the stock market or the art market, NFTs are relatively new.  The industry hasn’t been around long enough to produce trends or enough data for analysts to identify NFTs with the most long-term growth potential.  That being said, it’s best to follow your gut and purchase tokens that align with your interests.  Below, you’ll find three popular categories that have something for everyone:

  • Artwork: If Beeple’s big sale has you hunting for the next digital art phenomenon, try LiveInPeace. “Rare Rose”, one of her NFT offerings, has a gothic feel and shows several men attempting to climb a summit in pursuit of an illuminated rose.  The skeletons lying on the mountainside suggest it’s a perilous journey, one of life or death.  There’s also “Gust of Flowers”, an animated tornado of bright flowers, punctuated with playful colors and eye-popping graphics.  Get in now – both NFTs’ values are sure to skyrocket.
  • Sports: For avid sports fans, NFTs have become digital trading cards. But instead of highlighting a player’s stats, they commemorate specific moments.  NBA Top Shot features a full-fledged marketplace full of digital collectibles that are released in periodic drops called packs.
  • Pop Culture: In early March, Twitter co-founder Jack Dorsey sold an NFT of his first tweet through a platform called Valuables, for nearly $3 million. For people who can’t get enough of their favorite pop culture moments, NFTs are a way to lay claim to social media posts, YouTube clips, songs, and more.

Like cryptocurrency, NFTs have created a new way to build wealth, and we’re just learning about the market’s potential.  If you’re hunting for a novel way to invest, NFTs just might be for you.

Crypto Cashback

Shop to Crypto Cashback with CLYTIE

Crypto cashback, or crypto cashback reward program, is a type of incentive program in which an amount of Bitcoin is paid to a customer upon their purchases at the store. In other words, when users buy goods, they are immediately rewarded with a small percentage of money spent. The reward is usually calculated in the smallest unit of Bitcoin – Satoshi.

As e-commerce becomes more and more popular, consumers are no stranger to cashback services like Rakuten, Honey, Ibotta, and Drop.  Still, the growth of Bitcoin and other cryptocurrencies leads to the rapid emergence of other cashback applications.

Clytie and the magic words – “Buy more, pay less”

With this app, you can earn free Clytie Tokens from shopping online at +500 websites. Users can shop for different products (clothing, stationery, decks, toiletries, food, etc.) and earn Clytie (CLY), which may later Swap to Bitcoin, ETH or BNB.

This project is currently in the media spotlight as it’s attracting a large number of users thanks to its user-friendly interface, multi-brand support and easy implementation.

Brands that offer customers cashback rewards include:

Travel agents – booking.com, Expedia, etc.

Food vendors – Coffee Bean and Tea Leaf, Postmates, etc.

Fashion and beauty brands – Sephora, Nike, Topshop, etc.

Platforms – Groupon, Best Buy, GoDaddy, Udemy, etc.

E-commerce platforms: Shopee, Lazada, Alibaba, etc.

Above are some examples. Many other suppliers are looking forward to cooperating with Clytie in the near future.

At Clytie, you can receive up to 85% cashback from shopping as well as doing tasks. The reward will also increase as users have a higher membership rank.

Furthermore, the amount of CLY token returned can be used to trade at exchanges likes PancakeSwap DODO BSC or Binance. By that, users can profit from holding CLY or swap to other Blue chips (BTC, ETH, or USDT).

ecosysterm

Clytie Cryptocurrency Cashback App provides users with various methods to earn crypto rewards. You can earn crypto by just watching ads, completing simple tasks, shopping, etc. All these tasks are simple and the app is easy to use.

Altcoins

5 Altcoins That Could Earn in the Future

Expert analysts frequently mention some cryptocurrencies in their comments that they think may gain value in the future. In this article, we will present information about 5 important cryptocurrencies that have also entered the lists of analysts and can earn in the future.

Dogecoin(DOGE)

Dogecoin was listed on Coinbase Pro in June 2021. Now Premium traders can trade with it. With the reflection of this in the news, Dogecoin accelerated its price increase. Analysts stated that its future has been solidified with its entry into a global stock market with such a large trading volume

On the other hand, it is known that Elon Musk and DOGE developers will also work on a joint project that will increase Dogecoin’s transaction speed. Depending on all these developments, Dogecoin has entered among the cryptocurrencies that can add value in the future.

SHIB Coin

Analysts announced that SHIB Coin is the strongest meme cryptocurrency after Dogecoin. In addition, the project has a very large audience and the audience’s aim is to gain wealth. Analysts explain that the community can take advantage of all kinds of sources for the price increase and that SHIB Coin can increase. The cheapest priced coin listed on the Binance exchange is the SHIB coin. Therefore, SHIB may be the favorite of investors looking for cheap tokens in future bull trains.

Bitcoin (BTC)

Analysts state that BTC Coin can add value in the future despite all the negativities. Because the volume of transactions is so large and its effects are so high that they no longer think it can be a factor to bring it down. Analysts stated that although BTC hit the bottom, it was able to correct the price right after. On the other hand, they state that the only cryptocurrency strong enough to scare real currencies is BTC. That’s why they state that the name BTC is constantly mentioned in the regulation ideas of governments. According to analysts, BTC may still remain the leading crypto between 2021 and 2025.

Cardano (ADA) Coin

There were quite striking and positive developments for Cardano Coin in 2021. Its speed, the price increase was eye-catching. That’s why it started to be compared to ETH. In June 2021, Hoskinson made a statement and stated that they will add innovations to the Cardano network. It has been announced that the network will be renewed within the scope of a wider ecosystem, smart contracts, Pos consensus, low transaction fees, and second-to-second speed targets. Therefore, it is thought that ADA Coin can offer huge profits after updates.

Ethereum (ETH)

Analysts think that ETH may gain in value in the future. In May 2021, the waters began to settle in ETH, which was criticized for the increase in costs and low transaction speed. Because the former partner Hoskinson and Buterin met in the first week of June 2021.

Between the two, the ice melted. After the discussions ended, Buterin calmed the atmosphere by explaining that they would switch to Pos, but that the process would belong. Analysts stated that after these positive developments, ETH may go up in price and offer profits in the future.

Result

When we look at cryptocurrencies that can offer profit in the future, we see that they all come to the fore with positive news. On the other hand, these assets are cryptocurrencies that analysts expect to gain in value in 2021 and 2022. These cryptocurrencies can be followed closely and evaluated for investment. Of course, it is useful for users who will invest, to follow the bottom prices first. There will definitely be buying opportunities in the crypto money markets, which follow a constantly fluctuating course.