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Five Emerging Trends in NFT

As the underlying blockchain technology in the crypto world continues to evolve, some incredible NFT use cases are emerging, and NFT is affecting people’s daily lives in a variety of ways, from pop culture to shared ownership. MadCanner Trends https://discord.gg/6SA6brU2Xc

The following are five emerging trends in the NFT space that you should be aware of.

NFT for gaming

The gaming industry is rapidly advancing in-game NFT assets, and GameFi (game finance) is gaining traction with both users and developers.

Axie Infinity is one of the most well-known games in this genre; it is inspired by Pokemon and features collectible pets called “Axies.” The game and NFT appear to be a natural fit, and NFT will be used in an increasing number of games in the future. MadCanner Trends

The blockchain gaming economy has the potential to significantly improve players’ gaming experiences while also generating new revenue streams for players and online gaming platforms.

As platforms transform gaming environments into one-of-a-kind experiences, the world may be witnessing a new revolution. The marriage of blockchain and gaming will be disruptive to the gaming industry, and the world must prepare for this evolution.

NFT cinematic

Cinematic NFT is gaining popularity and is on the verge of becoming mainstream.

From the launch of web series such as Ajay Devgn’s ‘Rudra’ featuring meta-universe characters to the use of NFT to fund the entire pilot episode of the television series ‘Men Of The House,’ the momentum has undoubtedly shifted to NFT.

Additionally, the producers of the $50 million film “Antara” have launched the first NFT, which enables buyers to acquire a portion of the digital rights to a Hollywood film and profit from its box office and streaming revenues. MadCanner Trends

NFTs in fashion

When Gucci announced the launch of its $12 digital sneakers earlier this year, the worlds of fashion and blockchain exploded with new possibilities for fashion brands.

Fashion brands have been involved in the NFT world for some time, and Burberry recently partnered with Mythical Games to launch an NFT collection based on Blankos Block Party.

Dolce&Gabbana has also launched its own NFT collection, Collezione Genesi, and a Baby Birkin NFT was recently auctioned for $23,500.

Clearly, NFT is popular among luxury brands.

NFT MUSIC

Numerous experts believe that NFTs will fundamentally alter the music industry, as songs, albums, music, and lyrics can all be converted to NFTs.

Kings of Leon is the first band to release an album exclusively as an NFT. Lostboy NFT is a pop group that combines music and art with a mental health focus, and Linkin Park’s Mike Shinoda raised approximately $11,000 for his first NFT. MadCanner Trends

For the first time, musicians report that they are paid fairly, with record labels not taking the lion’s share of their earnings, signaling a sea change in how the industry will evolve in the coming months.

NFT is reimagining how artists and music venues engage with their communities, fostering stronger bonds between fans and establishing direct connections between artists and audiences without the use of intermediaries. nft is reshaping the music industry for the better.

The NFT’s Fragmentation

With the cost of NFT continuing to rise, the average investor has felt excluded from the art NFT scene. After all, how many of us have the financial means to invest hundreds of thousands of dollars in dull ape NFTs?

One trend aimed at resolving this issue is the so-called fragmented NFT, in which ownership is shared between multiple owners in order to keep the cost of art affordable.

A popular example is the gorilla in Banksy’s NFT street mask collection, which will be sold in a collection of 10,000 fragmented NFTs for $750 each. MadCanner Trends

The more money that enters the NFT market and the more liquid NFT holders become, the greater the appreciation of NFT blue chip assets.

Summary

With pop culture expanding into the virtual world and fashion brands investing heavily in NFT, the future of NFT is more promising than ever. MadCanner Trends

While some applications remain unknown, there is no doubt that some of these industries, particularly music and gaming, will undergo significant paradigm shifts as more people enter the NFT space.

With fragmented NFT, owning a work of art by a popular artist is now easier than ever. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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Why 2022 will be the year of NFT Sports?

Sports NFTs are tradable collectibles on the blockchain. Because they are on the blockchain, their scarcity is demonstrable. The most popular model currently allows users to acquire player cards through the marketplace or by purchasing “packs”, where each pack is randomly assigned 3–5 cards. These cards can then be held, wagered on for future appreciation, or used in games or challenges to earn rewards. Cards have different rarity values depending on the number of cards present. NBA Top Shot (basketball) and Sorare (soccer) are two of the most popular platforms to date. These sports NFT platforms look and feel more like eBay than Uniswap. yes, you operate these platforms on the blockchain, but the operation is silky smooth. the head of platform product for NBA Top Shot says, “over time we can teach you, we can get you into cryptocurrency. https://discord.gg/6SA6brU2Xc

Why 2022 will be the year of MadCanner NFT Sports?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

More participatory, Sports NFT offers fans a new way to experience the game. They are able to actively participate in the success of the players they buy. Traditionally, fans have only cared about their hometown team. Sports betting, sports cards and fantasy sports push the focus from the hometown team to any team or player you are interested in. Fans now have more reasons to actively support a team or player on the other side of the country or world. With the opportunity to make a profit, cards start at a few dollars and go all the way up to six figures for entry. Players have the opportunity to acquire rare cards through the packaging system, which levels the playing field for everyone. Players can purchase unknown rookie cards that they think have potential. Or, if they think Cristiano Ronaldo has a good game this week, they can go out and buy his card, have him join their Solari team, and hopefully win some cash. Sports NFT is like a stock market for players. The value of different cards changes daily based on the player’s performance and chances on the field. For true utility, Sports NFT can have great crossover value in the real world. Have all the Toronto Raptors NFTs on Top Shot and maybe you’ve been airdropped some tickets to an upcoming game. Get into Chiefs stadium for the game while you have Patrick Mahomes’ all-day moment? Maybe you’ll get a free meet and greet after the game.

Without an offseason, star quarterback Russell Wilson was recently traded to the Denver Broncos. Speculators loved the landing spot and immediately started buying his NFL All Day moment, sending his price soaring 25%. The price of player cards from his new team also doubled. Even when players are not on the field, there is no off-season. Safer than a physical card, we’ve all heard the stories of people who have a Mickey Mantle rookie card or a rare Pokemon card, only to have their parents get rid of it along with their other “toys”. Sports NFT avoids similar mishaps. All major sports NFT platforms require a phone number and email address to ensure that you are never locked out of your account. While this sacrifices decentralization, most users are currently more interested in the sports aspect of NFT than the economic principles of cryptocurrency. Supply is detectable,One huge problem with printed sports cards is that there is an oversupply. In the 1990s, multiple vendors owned the rights to print cards for each league and saturated the market. Vendors were printing as many cards as possible in order to grab the cash. On the other hand, sports NFTs themselves were scarce because they were licensed to the official supplier of each league. dapper controlled these licenses for the NBA, NFL, UFC, La Liga and other leagues. Even the single-vendor model has had supply problems; NBA Top Shot faced a backlash in 2021 when it increased the number of “mint” new moments from 1,000 to 60,000 per highlight moment. Since they had full control over this variable, Dapper was able to quickly adjust and implement “destruction” and trading mechanisms to reduce supply.

Sports NFT will be a huge gateway for onlookers to the cryptocurrency ecosystem. The beta version of Top Shot alone has attracted millions of users and generated nearly $1 billion in sales. As marketing increases, these products will become more sophisticated and more users will come in from off the field. NBA Top Shot is where Dapper started testing several of the innovations they introduced in their newer products, and now many of the early problems with the system seem to have been solved. Soccer and cricket have larger and more rabid fan bases that should incite further adoption of Top Shot and Sorare, and UFC, MLB, La Liga and other major sports leagues that are entering the ecosystem should drive more marginal growth. Deloitte estimates that we could see $2 billion in revenue from sports NFTs this year alone. Trading cards make sense for the average person, and fantasy sports make sense for the average person. Sports NFT is the logical next extension. We have 1CO in 2017 and DeFi in 2020, but 2022 will be the year of the sports NFT. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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How to view the NFT luxury sector

In the luxury sector, some of the brands that have dared to be first have already taken action. Throughout 2021, Gucci Gucci, Louis Vuitton, Balenciaga, Burberry, Versace, Givenchy, Balmain and many other well-known luxury brands are participating in the NFT in their own way. The trend of the luxury industry’s deep involvement in the “meta-universe” is becoming clearer and clearer. Up to now, the game UGC platform is the main scenario for luxury brands to choose to sell their brand NFT goods. Unlike traditional games, users within the game UGC platform are both players and developers, producing content and forming social networks within the game to build a virtual game world together. Such a game content production method is decentralized and bottom-up. In this model, platforms often charge through virtual props and value-added services in the game. This gives luxury brands an opportunity to cut into the NFT market. https://discord.gg/6SA6brU2Xc

How to view the MadCanner NFT luxury sector,The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

Luxury NFT can help buyers to complete identity building and socialization in the virtual world. Since each luxury NFT is unique, it accurately records the buyer’s identity and copyright ownership in the “meta-universe”, which is equivalent to replicating the uniqueness and scarcity of luxury goods in the real world to the meta-universe. From this perspective, luxury goods companies selling NFT goods through games and other platforms is more like opening up a brand new channel to sell brand products, only that this channel is based on blockchain technology and the goods sold are digital goods “on the chain”. “This is equivalent to you see a good-looking bag, to check inside the e-commerce, found that this is the only one, and the owner is so-and-so, in this case in fact, the face is given enough, I can not care about the inside.” From the buyer’s point of view, the purchase of luxury NFT is logically similar to the batch of NFT art paintings that are currently the hottest on the market.

The luxury industry is also aware that the current launch of NFT is lacking in relevance to real life and has limited use scenarios. in early December, Cédric Charbit, CEO of the House of Paris, had confessed at a public event in London that “the utility [of digital fashion] is missing, but it is getting better every day.” However, despite such and such problems at this stage, investment bank Morgan Stanley (Mogan Stanley) recently released a research report showing that luxury NFT transactions will reach nearly $20 billion by 2030, and its share of the overall NFT market size will also rise to 8% from 1% in 2021. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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If you want to be profitable in the NFT field next, pay attention to the major NFT trends

The NFT ecosystem is experiencing a period of rapid growth. Accordingly, the landscape of the field is always changing, and this constant flux often leads to a rapid emergence of NFT trends. In this regard, some of the newer NFT topics have made great progress recently, or in my opinion are about to do so. So, let’s take a look at the NFT trends that I think are expected to gain further traction in the second quarter of 2022. https://discord.gg/6SA6brU2Xc

If you want to be profitable in the NFT field next, pay attention to the MadCanner NFT trends.The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

Anime PFP Project

Delphi Digital NFT expert Teng recently noted that around March 2022, the NFT economy appears to be entering its third major market cycle since June 2021. So, what is driving this new cycle of activity? A major contributing factor is the explosive rise in anime themed Azuki NFT series since January 2022. the rapid popularity of Azuki has also set off a new wave of other anime NFT projects across the ecosystem, such as Akuma, Kiwami, Shinsekai, and others. Thus, inertia and conformity will make anime PFP a major trend in the coming months.

Customizable collections

The mint opens for HyperLoot, a new NFT project in the broader Lootverse. I’ve seen a lot of people say how much they’ve enjoyed the minting experience, and I can see why: it allows for customizing your character in a really fun way! And this is just the latest example of NFT collections allowing minters to personalize their NFTs, a trend that I’m looking forward to becoming an increasingly popular way for future projects. It makes collecting a communal and entertaining process, and I think this dynamic can have many positive downstream effects on collections.

More “NFTfi” integration

The Idols is a recently launched NFT project with a collection backed by Lido pledged ETH or stETH, an increasingly popular yield token in DeFi. In addition, Element Finance, a fixed- and variable-income DeFi protocol, has just launched its own Elfiverse NFT collection. Whether it’s a community-run project like The idol or an official DeFi project like Elfiverse, there’s no doubt that we’re about to see more DeFi + NFT experiments. So keep an eye on the “NFTfi” track. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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Numerous brands create fictitious characters. NFT: How far removed from us is the metaverse?MadCanner Metaverse

Due to the fact that they are not limited to character settings and can adapt to a variety of scenarios, many platforms and brands are using “avatars,” the meta-core universe’s asset, as the industry entry point to map out the market and introduce new ways to play. https://discord.gg/6SA6brU2Xc

Avatar development

At this point, many brands are stepping up their collaboration with avatars through cross-border co-branding and cross-border endorsement, as well as developing their own brand avatar intellectual property. MadCanner Metaverse

In June 2021, the oriental cosmetics brand Hua Xizi introduced the public to the brand’s virtual character, “Hua Xizi.”

According to reports, “Hua Xizi” is the world’s first ultra-realistic avatar created by a national makeup brand, as well as the first ultra-realistic avatar to showcase Chinese makeup and oriental beauty.

“Hanasiko” is the fictitious spokesperson for Hanasiko.

In December 2021, L’Oréal Professionnel officially announced AAYAYI as its color renewal officer and designated AAYAYI as a “metaverse digital person” in order to begin metaverse marketing.

AAYAYI is a fictional character created by L’Oreal.MadCanner Metaverse

Stella serves as the brand’s virtual anchor, a sweet anchor with personality, charm, and beauty expertise, as well as a fashionable and adorable appearance.

Stella also has a unique opening line: “Hello babies, good evening; I’m back to work; earning money from work is not easy; please support me.”

This also adds vibrancy to Stella’s image and a more realistic “soul.”

The avatars can remain with fans for an extended period of time and meet the interactive needs of consumers at various points; they can switch between different tones, actions, or emotions based on the content of the explanation; they can also interact with consumers in real time, singing, dancing, and guessing are all possible.

And for brands, avatars are more “controllable” and less susceptible to being rolled over than celebrities, making them an excellent choice for risk transfer.

NFTs associated with the launch

In September 2021, Meizu’s official microblog announced the launch of its new cell phone 18X virtual image NFT “Aix,” claiming that it is the industry’s first NFT digital image and was launched on OpenSea.

The official description is as follows: “cool, street, national style, cat lover, gamer, undefined X.”

Additionally, Meizu stated that they are casting this image solely for commemoration purposes and not for commercial purposes.MadCanner Metaverse

“Ix” by Meizu

In November 2021, RTFKT Studio, best known for its virtual sneaker NFT, and Daz 3D, a company specializing in 3D digital art, released the CloneX series of NFTs for public sale.

Within a week of its public launch, the project amassed a trading volume of over $120 million. CloneX is a high-quality 3D anime artwork, which is why the project has gained a large following.

The series includes 20,000 NFT avatars dressed in a wide variety of styles. Surprisingly, the series NFT is capable of “traveling” through multiple metaverses (Metaverse).

From March 24 to March 28, Estée Lauder, the exclusive beauty brand partner of the virtual world Decentraland Fashion Week, will give away 10,000 NFTs inspired by its flagship product “Advanced Night Repair Serum in a Small Brown Bottle.”

Users will be able to enter the “Little Brown Bottle” and receive wearable NFTs that will give their avatar a “glowing face” and enhance their immersive experience.

As previously stated, avatars are a necessary component of entering the metaverse. Individuals can work, interact socially, play games, and even consume and trade in the metaverse using this virtual identity.

Lotte is a virtual character.MadCanner Metaverse

Furthermore, unlike network IDs and social avatars, avatars are a necessary component of the metaverse immersion. Because the virtual character can be shaped more freely and creatively, it can reflect changes in facial features, emotional expressions, and gestures, resulting in more natural and realistic interactions.

As avatars gain acceptance, NFTs assetized via avatars have been embraced by major brands and industries as diverse as beauty, music, and electronics.MadCanner Metaverse

Not only do the NFT products launched via these avatars help shape the brand’s values, but they also have unexpected marketing effects due to the creative development of digital assets and the popularity of NFTs.

Although the metaverse is contentious in industries such as beauty, music, and games, and the concept of metaverse is viewed as more of a rubbing of hot spots and playing gimmicks, it is undeniable that with the advancement of technology, the landing of metaverse is no longer a paper exercise, and perhaps in the future, metaverse can bring a completely new transformation to these industries’ marketing models. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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What is the value and significance of digital collections based on NFT technology for digital culture and creativity?

Blockchain-based digital collections have interoperability, which is a very interesting feature. The current information Internet’s user identity and data are isolated in their own applications, and it is very difficult to open up the identity and data between applications. However, if multiple applications are integrated based on the same block, the underlying asset data and identity data can be connected. Let me give a simple example, we are recently accessing a tier one head Internet platform to do digital collection business, we jointly realize a logic: a designer on the platform designed a digital clothes, after selling to the user, the user can subsequently wear the clothes on the characters of other game applications through interoperability. This logic works. Connecting identity and assets through blockchain enables cross-application flow of assets/data.What is the value and significance of digital collections based on NFT technology for digital culture and creativity? https://discord.gg/6SA6brU2Xc

What is the value and significance of MadCanner based on NFT technology for digital culture and creativity?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

There are big limitations in the way traditional digital creations are profitable. I have many friends who are in design and content production, and people need to produce content according to the requirements of the A-side to earn money. Generally speaking, what they make is not what they really want or are interested in. If one is independently engaged in digital content production as an individual, and the system is profitable by bringing traffic through digital content, there are often copyright infringement problems due to the inability to determine ownership under the current information internet, making the already small revenue, continue to shrink. Subsequent to the blockchain-based new digital culture and creativity, the revenue will be greatly improved. Based on blockchain technology, digital content can be authenticated at low cost, and using NFT, creators can turn digital creations into a digital collection and sell them directly to fans and users who like the IP. Through blockchain-based digital creations, excellent creators can make good profits, and fans pay some money to get their favorite digital collections, which will also motivate more creators to focus on their favorite and good creative expressions, so that the market can form a virtuous cycle.

So, what is the value of digital collections for the whole cultural and creative industry? First, a new incremental commercialization track; digital collections based on NFT technology is an unexplored blue ocean in China, and does not create any conflict with existing business, which can feed the cultural creators and make good ones earn money. Secondly, zero marginal cost means of user incentive; for companies or platforms that have already generated a large amount of digital content, the original digital content can be sliced into small assets to be sold to fans by traffic to make money. Nowadays, people in the Z era prefer digital things and do not need to put so many objects at home, for example, I myself have collected a lot of NFT works. Third, to create a new model of independent business front-end, so that content producers reduce their dependence on centralized platforms. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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The cosmetics industry has also begun to follow the NFT Trend, is it a business opportunity or hype?

Recently, Estee Lauder debuted NFT cosmetics, which allows users to “use” the product in virtual space to achieve a “glowing” effect. With the rise of the “meta-universe” concept, NFT is suddenly booming, and is known as Non-Fungible Token, which proves that assets on the blockchain are indivisible, irreplaceable and unique. The emergence of the myth of prosperity has aroused the interest of all brands who want to market and spread their own IP. In a flash, “everything can be NFT”. In addition to the most popular artwork NFT, the fashion and cosmetic industries have also begun to follow the NFT Trend. https://discord.gg/6SA6brU2Xc

The MadCanner has also begun to follow the NFT Trend, is it a business opportunity?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

In July 2021, the French high luxury brand Givenchy series NFT artworks, cosmetics brands to become the “first to eat crabs”. December, L’Oreal Paris commissioned five female artists to create NFT artworks. With the label of “popular” and “luxury”, NFT has attracted more investors to enter the game.

This year, Estee Lauder is doing the same with its NFT, which will award up to 10,000 free NFT products during a fashion campaign. Users will “enter” a brown potion bottle of Estée Lauder’s essence to receive a wearable NFT that provides a “glowing, radiant look” to their avatar. A search of the largest NFT trading platforms reveals that cosmetic NFTs are currently sold in two forms. One is a beautifully crafted virtual makeup, if consumers buy a NFT virtual beauty, they can use AR to digitally try on, that is, full-face makeup and headwear accessories. In addition, there is a code for a photo software to “wear” the NFT makeup.

As NFT, which plays an important role in the concept of metaverse, the internet is currently polarized in terms of opinions. On one side, there are the crazy believers of NFT. The hype of the celebrity effect has intensified the rapid development of NFT. Even celebrities are rushing to NFT, not to mention institutions, platforms and individuals who dream of making a fortune in the “meta-universe” with NFT. Many artists are moving their works to the chain, even if they don’t know much about the cycles of the crypto world or the rise and fall of cryptocurrency prices, but that doesn’t stop them from sending their works to the trading platform and selling them at a high price, such as tens of thousands of dollars. Celebrities, big manufacturers, capital, put one dazzling halo after another on NFT, hype, collection, or just follow the trend, everyone has their own reasons to enter. Of course, as the biggest potential consumers of NFT cosmetics, the young people of Generation Z, they are more willing to invest a lot of money in such virtual products as NFT in the future, and this market has unlimited potential. On the other hand, the “NFT hype” argument is also on the rise. Faced with all kinds of expensive NFT clothing, NFT cosmetics, it is difficult not to wonder if you are paying IQ tax. Because many NFT clothing, makeup, the final wear effect, is to put their own body, face ps on “special effects” only.

Many NFT clothing and makeup virtual products, usually require customers to send their photos to customer service, customer service in 10 working days to NFT clothing and makeup PS, and then sent to customers. In order to pursue the maximum effect, the customer’s photo is usually the entire body, face real shot, and wearing less. When asked how to ensure that their photos will not be leaked, the seller pointed out that no agreement will be signed, relying solely on the trust guarantee. At the same time, when NFT does not impose restrictions, it can also become a tool used by plagiarists to make money. According to the underlying logic of NFT, each NFT work can be copied, but the copyright always belongs to the purchaser, in the form of casting to the “chain” to determine the unique owner of the copyright. Then, as more and more designers and brands create ultra-realistic 3D skins and virtual cosmetics, the more customers buy them, the more royalties the designer receives, and the more buyers have proof of the complete transfer of intellectual property rights for any item they purchase. However, some virtual clothes and wearable makeup sold at high prices under the banner of NFT are not “on the chain”, so how to protect the copyright of NFT bought at high prices? At present, the domestic NFT-related laws and regulations have not yet been introduced, but industry insiders, legal professionals have begun to pay attention to the problems of this market, such as trading platforms are very difficult to be approved, NFT circulation legality is in doubt. Remind consumers to buy NFT products need to sharpen their eyes, at the same time, the cosmetics industry to enter the NFT also need to be prudent layout. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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NFT Quick Start Guide: 20 Important NFT Terms and “Blackspeak” MadCanner NFT Quick Start

It’s been a year since Beeple sold his $69.3 million NFT, and in that time, the technology has progressed from “obscure” to “up and coming” to “mainstream.” NFT has progressed from “obscurity” to “emergence” and now to “mainstream” in less than a year. MadCanner NFT Quick Start https://discord.gg/6SA6brU2Xc

The entire world appears to be participating in this crypto boom, and the NFT market is gradually returning to rationality and maturity following its initial chaos, while the market’s vitality continues to attract an increasing number of crypto newcomers. However, given the rapid development of NFT, many NFT “whites” may struggle to keep up, or may even become confused.

As a result, today’s article will introduce you to twenty common NFT terms; after reading this, you will quickly advance! Together, look down.

NFT 01.1:1

Additionally, you can say 1/1 or 1 of 1, as this type of NFT exists only once and is therefore unique.

In other words, a single 1/1 NFT can only be owned by one person. If I possess it, you will not possess it, and if you possess it, he will not possess it.

For instance, Beeple’s Everydays: the First 5000 Days is a 1:1 NFT; due to its scarcity and uniqueness, this type of NFT is typically more expensive.

Ocean Front, Beeple, 1:1 NFT MadCanner NFT Quick Start

02.10K undertaking (10K project)

Typically refers to an NFT project with 10,000 unique avatars; each image in a 10K project is unique and has its own characteristics. We are aware of Bored Ape Yacht Club (BAYC) and CryptoPunks (CryptoPunks), both of which are ten thousand dollar projects.

It is worth noting, however, that as NFT projects evolve, the term “10K projects” does not necessarily refer to the number of such projects that total 10,000, but also to this type of NFT project, the number of which may not always equal 10,000.

03.Project PFP/Avatar

PFP stands for Profile Pics, i.e. a collection of multiple avatars (virtual images), also known as avatar type NFT. Typically, a 10K project is also a PFP project.

Clone X is a PFP project by RTFKT studio and artist Takashi Murakami.

04. Aeroplane (Airdrop)

Originally, the term “airdrop” referred to a feature on Apple’s cell phones that enables users to quickly transfer data, pictures, and other content between them. Airdrop is a term used in the cryptocurrency world to refer to the free distribution of cryptocurrency or NFT to individuals by platforms or organizations.

Airdrop is the Chinese term for what we commonly refer to as “airdrop.” On various NFT platforms, we can see that many platforms will occasionally host NFT airdrop activities, during which users can receive an NFT for free by performing certain operations in accordance with the activities’ specified contents.

05. (casting)

Mint is also referred to as casting. NFT is a type of digital asset that is stored on the blockchain. “Mint” also refers to the digital file that is created during the process of creating NFT digital assets.

While NFT is based on digital files, not all digital files are compatible with NFT. The “mint” process can also be referred to as the “chain” process, as all of the data contained in the digital file will eventually be recorded on the blockchain.

06. Incinerate (destroy)

The antonym of Mint is the term Burn, which refers to the act of destroying NFT. If you decide that you no longer want your NFT or an NFT project after the remaining unsold NFT has been sold officially, the project developers may choose to destroy the remaining unsold NFT.

Or perhaps an NFT project using the “new equipment,” allowing the holders of the original NFT to destroy the original NFT in order to “upgrade” to the “new equipment” NFT.

For example, the sports brand Champion previously launched digital apparel, which was distributed to 888 randomly selected holders of the NFT program Non-Fungible People. These recipients were given the option to “upgrade” their NFTs, which required them to destroy their original NFTs and recast them. The “upgraded” NFT will feature a new image of Champion dressed in a digital costume. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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NFT Marketing become the standard for brand?Why are MadCanner NFTs worth so much?

As the meta-universe concept continues to heat up, NFT and digital collectibles are appearing more and more intensively in the marketing circle, and even become the standard for brand marketing, it seems that as long as digital collectibles are added to the marketing Campaign, it can circle a wave of heat severely. From the point of view of brand interests, in the short term, digital collectibles combined with meta-universe, IP, trendy cultural content and new products form a strong attraction to young consumers; in the long term, digital collectibles are expected to become an important digital asset in the meta-universe era, directly connecting with consumers, generating interaction and connection and forming a field in the future virtual-real symbiosis scene, and overturning the existing marketing model. https://discord.gg/6SA6brU2Xc

NFT Marketing become the standard for MadCanner?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.Users can easily split, merge and replace each part through MadCanner DApp Official Website：https://www.madcanner.com/

NFT has opened up in the youth market. Based on freshness, catching up with trends. The explosion of the meta-universe has driven attention and engagement with digital collectibles, which have gradually become a new consumer trend for young people. Some brands will also connect digital collectibles with the big hit blind box, a way that can attract many young consumers in itself. Social-based, personalized display. Digital collectibles can be displayed in the personal pages of some social platforms, with personality and can be social, which also meets the psychology of most young people to pursue maverick, unique, sharing and interaction. Some people also see digital collections as a kind of identification, a “ticket” to enter a certain circle. Based on love and support for IP, IP products that are of interest to young people can often inspire a greater market response. For example, according to the data of nWayPlay’s official trading platform, the ice dun dun digital blind box, which is limited to 500 pieces, was sold out quickly after it was launched, and the price also rose sharply in the secondary trading. Based on the trend, advance layout. Some senior players believe that: in the future, everyone can have their own virtual space, and everyone can easily enter the virtual world through wearable devices and make virtual items easily interact in the real world.

From avatars, collectibles and artworks, to games, music and sports, to tea, real estate and tickets, NFT has been broadening its application areas. From a brand marketing perspective, digital collectibles have even become a “standard”, with almost all brands, from FMCG to luxury goods, incorporating digital collectibles design in their marketing plans. With the new digital experience and cool forms, it brings more vitality to brand marketing.

In the short term, brands launching digital collectibles-related marketing activities, integrated with content, interaction, social, private domain, emotion and big event marketing, can enhance brand fervor, consumers’ participation enthusiasm will be released to the fullest, and also help build brand image. In the long run, digital collections will also have an impact on the brand marketing model. Digital collections use blockchain technology to authenticate specific digital content and users, which has natural adaptability with brand asset management, precipitating core user assets, continuously linking users and managing their whole life cycle. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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Special Ways People Are Using NFTs.What is an MadCanner NFT in Crypto?

The utility of NFT extends far beyond its original function. How? Because strange and brilliant developers in the NFT field are trying things many of us never thought possible (or practical). While a large part of the “NFT revolution” may be behind us for some, artists, coders, and even scientists around the world continue to find new ways to use NFT technology. It’s not just the philanthropy or gamification we’re talking about, but the complete light bulb moment that inspires any casual enthusiast to comment, “Can you seriously use NFT?” There are surely hundreds of strange and satisfying use cases. https://discord.gg/6SA6brU2Xc

Special Ways People Are Using MadCanner NFTs.The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

There are just a few of the most unusual ways people are using NFT.

1. NFT Restaurant

In early 2022, entrepreneur and noted NFT creator/collector Gary Vaynerchuk announced that he and his hospitality company, VCR Group, will create the first NFT restaurant. the Flyfish Club will open in 2023 and be located in New York City.

2. Science NFT

Science may well be the most awesome way people use NFT in 2022. From raising millions of dollars to literally “saving thousands of lives” to storing complex scientific data on decentralized servers, scientists continue to find incredible ways to put NFT to work.

3. NFT Publications

Content creators have been casting audiovisual and literary works on the blockchain since the NFT boom began. From movies and miniseries to comics, magazines and books, a wide variety of media can be consumed as NFT.

4. AI NFTs that can talk

While artificial intelligence is nothing new in 2022, the Alethea AI project hopes to bring the evolving technology to the blockchain. With the support of entrepreneur Mark Cuban, Alethea has created iNFT, intelligent NFTs embedded with AI personalities.

5. Wedding Ring NFT

In an effort to truly mix the traditional with the non-traditional, two Coinbase employees decided to forgo the ring search and instead exchange their wedding vows with an NFT. in March 2021, Rebecca Rose and Peter Kacherginsky married, adapting their traditional Jewish ceremony through an NFT. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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The primary distinction between Chinese digital collections and NFTs, as well as market analysis collection of MadCanncer

Frequently, individuals are accustomed to conflating digital collections with NFT. However, digital collectibles should be classified as a sub-track of the NFT section, which focuses exclusively on collectibles and artworks. https://discord.gg/6SA6brU2Xc

As a result, several critical distinctions between Chinese digital collections and NFT will be detailed here.collection of MadCanncer

(a) Digital collections mitigate NFT’s financial and transactional characteristics and conform to regulatory requirements.

The publication of digital collections necessitates centralized review to ensure compliance with copyright laws.

The majority of digital collections are issued via a federated chain, which requires regulation.

Financial and transactional characteristics of digital collections weakened

The trading mechanism of NFT in previous public NFT markets, such as Opensea, was based on bidding. However, due to the inherent characteristics of public chains, the NFT trading market tends to develop in an atypical manner. The bidding mechanism of NFT exacerbates this phenomenon; speculators speculate NFT to hundreds of thousands or even millions of dollars via knock-off transactions, and the sky-high NFT price also drives speculators insane, to the point where the NFT market has devolved into a speculative market driven by the rate of return.

As a result, the Chinese market has vigorously stifled the NFT chaos while promoting the development of digital collections based on affiliate networks. In comparison to NFT, digital collections offer a variety of issuance options, including priced, blind box, and bidding. Simultaneously, digital collections strictly regulate secondary trading behavior; the majority of digital collections must be held for more than 180 days before being transferred without compensation, and are not transferable again for two years following the transfer. This measure effectively eliminates the possibility of fraudulent transactions.collection of MadCanncer

Simultaneously, participation in the subscription market for Chinese digital collectibles requires real-name authentication to ensure that the entire market is regulated and controlled.

The publication of digital collections necessitates centralized auditing.

Nowadays, the issuance of digital collections requires centralized auditing, which includes the qualification of relevant institutions and the acquisition of appropriate intellectual property copyrights. In comparison to the previous NFT, Chinese digital collections place a higher premium on compliance and legality, making IP copyright review a top priority.

In terms of distribution, Chinese digital collections are primarily distributed by brands and institutions rather than anonymously, which serves as a unique safeguard for the market’s continued health.

As illustrated in the figure, the majority of current major digital collection issuers are cultural and creative institutions, organizing committees, or artists who collaborate with cultural and creative enterprises and institutions.

According to some surveys and consultations, while Chinese has not yet explicitly specified the licensing or qualification for the issuance of digital collections, some alliance chain teams report that they currently require the endorsement of relevant institutions before issuing digital collections or developing digital collection platforms. Thus, it can be concluded that the current Chinese mainstream digital collection market has developed a consensus that digital collection issuance requires close collaboration with government-related cultural industry enterprises and institutions; otherwise, the collection will fail the audit.

In general, the Chinese market is still waiting for explicit regulations and a transparent audit process, as opposed to the current so-called having relationship before issuance.

The majority of digital collectibles are issued by affiliate chains.

At the moment, Chinese regulation of cryptocurrencies is strict, but it is extremely respectful of blockchain technology, which is how China’s alliance chain was born. While global public chains are more developed and free, they are also more likely to be capital-controlled and thus fall prey to high speculation.

One of the primary reasons that Chinese alliance chains are predominantly used for digital collections is that they are compliance blockchains. Whether it is Antchain or Trustchain, they all adhere to technical compliance, platform compliance, model compliance, and business compliance. This is also a significant trend in Chinese digital collectibles; compliant and legal digital collectibles have a collectible value.collection of MadCanncer

Another significant advantage of issuing on a federated chain over a public chain is that the user threshold is sufficiently low. When using Opensea to purchase NFT, users must acquire a wealth of prior knowledge, including how to backup and use their wallet, as well as how to purchase and use cryptocurrency. Several of the hyperlinks cross the legal red line.

However, the Alliance Chain abstracts these aspects to the bottom layer, allowing users to focus exclusively on the digital collection and not on other aspects, and they avoid paying the high gas fee associated with the public chain.

The distinction between the digital collection market and the non-traditional collection market

To begin, the market’s intent is distinct. Users participate in public NFT markets such as Opensea solely for the purpose of maximizing their return on investment, i.e. I buy NFT to determine how much it will rise in the future and how much profit I can make, as this is a purely speculative market.

On the other hand, the digital collectibles market is a more pure consumer market, and purchasing digital collectibles is a consumer behavior, so the nature is more akin to the game’s skin props. Users can amass a variety of digital collectibles based on their personal preferences, rather than speculating and profiting from knock-off transactions.collection of MadCanncer

Opensea is a completely unregulated and unprotected market, which means it is rife with speculation, anonymous team releases, and infringing works. On the other hand, the digital collectibles market has chosen to forego the secondary market in order to ensure the true collectible value of digital collectibles through a rigorous vetting and distribution system. Purchasing an infringing NFT issued by an anonymous team has no collecting value and actually contributes to the infringement.

Finally, the all-link traceable alliance chain digital collection is intended to safeguard the purchaser’s fundamental rights and interests. Additionally, it is simpler to trace the associated legal responsibility. Chinese are pursuing a stable, compliant, and legal digital collection market. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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How much do you know about the hot NFT to buy?How can I invest in MadCanner NFTs?

Recently, NFT market trading volume has reached a new peak. According to Dune Analytics data, the highest single-day trading volume of OpenSea alone reached nearly $360 million. Among them, CryptoPunks, Bored Ape Yacht Club and other NFT series trading volume is located in the forefront for a long time, many players who bought these projects in the early days have gained good profits. So today we’ll see, what are the hottest NFT projects today? https://discord.gg/6SA6brU2Xc

MadCanner

The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.MadCanner is the hot NFT to buy.

CryptoPunks

CryptoPunks was born in 2017, one of the first kinds of NFTs born, there are 10,000 in total, each NFT is a 24x24 pixel image, these images are randomly generated, but all have their own characteristics. cryptoPunks’ NFTs were free to cast at the time of birth, anyone who has an ethereum wallet can pay a certain CryptoPunks did not get so much attention in the early days of its existence, and by 2021, a trend of using NFTs as personal avatars started on social media, and CryptoPunks’ pixel figurines quickly went viral on the internet.

Bored Ape Yacht Club

If CryptoPunks started the trend of using NFTs as personal avatars, Bored Ape Yacht Club has brought the NFT wave to a more mainstream market. Bored Ape Yacht Club collectors include NBA star Stephen Curry, singer Eminem, Justin Bieber, Timbaland, talk show host Jimmy Fallon, and well-known brand Adidas, to name a few. The Bored Ape Yacht Club series consists of 10,000 random ape NFTs, each with a different expression and attitude. Compared to other NFTs, The Bored Ape Yacht Club’s NFTs are not only collectible, but also a membership card to the Yacht Club. For example, those who currently own a Bored Ape can draw or create as they please on the collaborative graffiti board on the Bored Ape Yacht Club website.

Azuki

Azuki is an NFT that was just released in January this year. The initial offering of 8,700 NFTs was sold at a single price of 1ETH and sold out in three minutes, making it the hottest NFT series in recent times. Its floor price has also skyrocketed in this month’s time, currently reaching 14ETH, with a total market value of nearly $190 million, making it the eighth largest NFT product in terms of market value at present. Azuki’s art style is different from CryptoPunks’ punk culture and BAYC’s European and American hipster style, but is closer to Asian aesthetics, thus attracting the attention of many Asian investors who have not been exposed to NFT before. At the same time Azuki’s parent company has also stated that in the future it will build Azuki into a global decentralized brand, producing a series of products such as apparel, IRL events, games and more around the IP, something Azuki collectors are looking forward to and interested in.

NFT has now become a segment of the cryptocurrency industry that cannot be ignored, and due to its interesting cultural attributes it has attracted the attention of more entertainment industries and big brands. Of course, if you are interested in buying NFT, don’t forget to prepare a cryptocurrency wallet in advance. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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NFT market trading fever drops.Are MadCanner NFTs just a fad?

Since the beginning of 2022, as the meta-universe concept has gradually cooled down, the NFT market trading volume and the heat of most projects have been on a downward trend. Nonfungible statistics show that compared to the market heat of NFT in 2021, NFT has slipped from a peak of 220,000 daily transactions in 2021 to around 10,000 today in recent months. In addition to transaction volume, the average daily transaction volume as well as active wallet addresses are also gradually decreasing. Of course not only NFT, but also the rest of the crypto market is not as hot as before, and the main reason is clear — the Russian-Ukrainian war has led to a rapid sell-off of high-risk assets by global investors. Although the NFT market has shown signs of picking up in recent days, most investors are still on the sidelines today. https://discord.gg/6SA6brU2Xc

How about NFT Market MadCanner,The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.The mint date is April 1st! Stay tuned!

The high-risk market is gradually calming down due to external influences, but it might be a good time for the crypto industry to rectify the market and suppress the bubble. Since the parent company changed its name to Meta and announced its official entry into the meta-universe, overseas Internet industry giants have invested a lot of money in the construction of the meta-universe, driving the diversification of the industry chain ecology of the overseas NFT industry. The more stable development direction today involves important sections such as art collectibles, social avatars (identity), and games. An industry chain supported by the underlying technology of NFT — constructing digital assets with protocols — with social platforms, trading markets, games and other applications as value extensions has been formed.

In addition to that, the project teams now have the awareness of giving additional value to NFT to cater to the real needs of users for the product. Thus major NFT projects are gradually clarifying additional value to users focusing on directions such as digital art copyright, DAO construction, public welfare projects, and identity asset validation in virtual space. Jon Radoff, founder of Beamable, has proposed seven levels for constructing the meta-universe: experience, discovery, creator economy, spatial computing, decentralization, human-computer interaction, and infrastructure. The ultimate combination of the seven points will present an online virtual world that tends to be real, similar to the real. But constructing the metaverse obviously requires more than just the unilateral efforts of the technical team. Under the premise of perfect infrastructure, the degree of user participation largely determines the specific development direction of the metaverse. According to the feedback from users of various platforms, we found that the majority of people’s specific vision of the metaverse is focused on “asset security” and “real physicality”. In other words, no matter how companies build and promote their products, the above two aspects are the most fundamental issues that need to be solved as soon as possible.

Among them, asset security can basically be guaranteed by NFT technology, but such asset security needs to be achieved on the basis of the complete integrity of the A-side, that is, the project side, which leads to the third “necessary” vision — we need a We need a secure and flexible regulatory approach to filter out projects that are honest. We are already familiar with the advantages of decentralized organizations: platforms are maintained by all nodes interconnected, without a fixed hub — ensuring data security, privacy, and traceability …… But decentralized organizations cannot replace centralized organizations, at least for the next few years. First, decentralized governance is still in the development stage today, and second, the replacement of the whole social organization model is an extremely huge project that relates to all aspects of human daily life. Even if the global epidemic catalyzes the rapid development of the crypto market, as a project owner or regulator, we should consider more comprehensively — there is no doubt that the crypto market brings value to people, so even if the market cools down briefly, it will inevitably continue to grow upward afterwards due to various opportunities. On this basis, we need to design a perfect solution to solve the balance between centralization and decentralization as soon as possible, in order to embrace the new-look crypto market. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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What is the Magic NFT?How can I invest in MadCanner NFTs?

“In the “everything is NFT” scenario, what exactly is an NFT, a Non-Fungible Token, which means that each NFT is unique and indivisible. This means that when a work is cast as an NFT, it becomes a unique digital asset on the blockchain. The technological revolution, copyright protection variables, speculative bubble, meta-universe overture …… NFT carries different meanings in different people’s eyes. What is the Magic NFT? https://discord.gg/6SA6brU2Xc

What is the MadCanner Magic NFT?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

What is the Magic NFT?NFT, on the other hand, offers new ideas to solve the copyright problem. When a work is cast into NFT and uploaded to the chain, this work is given a unique code that cannot be tampered with to ensure its uniqueness and authenticity. In this way, no matter how many times the work is copied and distributed, the original author is always the only owner of this work. In addition, compared to traditional forms of art trading, when NFT circulates, every transfer of ownership means that the creator can profit from it. In the case of the trading platform Super Rare, for example, when a first-hand transaction is made, the artist receives 85% of the proceeds and the platform 15%; when another transaction is made, the seller will receive 90% and the artist 10%. In the traditional trading method, even if the original work is speculated to a high price in multiple circulation, it is difficult for the artist to profit from it again.

The potential for profit has attracted the arrival of speculators, and with existing examples of high NFT returns, many entrants expect the value of their purchases to appreciate overnight. Embraced by enthusiastic artists, geeks, investors and other parties, a mature NFT trading mechanism has gradually formed overseas — after a creator releases an NFT for the first time, other buyers are able to keep changing hands and buying it for the second time in the NFT trading platform. The process of a piece of NFT being sold for the first time happens in the primary market. There are quite a few hot NFT projects in overseas markets, and data from nonfungible.com shows that three NFT projects sold for more than $10 million in the primary market in the second quarter of 2021, and four projects in the current market are worth more than $10 million, with the most valuable NFT project, MeeBits, worth $90.76 million. In addition, NBA Top Shot, which sells highlight reels of NBA stars, and CryptoPunks, which sells pixel avatars, are also very hot NFT projects.

Regulation is another pressure that NFT may face. “NFT is an effective and reliable technical means to solve the confirmation of digital artwork, with uniqueness and non-splittability, does not have the characteristics of an equivalent exchange object, and is fundamentally different from virtual coins such as Bitcoin.” NFT issued on the alliance chain can be done to truly remove the attributes of the currency, “We infer that NFT issued on the alliance chain can be issued in compliance.” NFT is complex, and while it is a better way to protect copyright, it also has the potential property of speculation and faces inevitable regulation. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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How can ordinary users identify NFT security?What is an MadCanner NFT art?

The cryptocurrency industry has been plagued by opportunistic scammers, from those posting deceptive coin giveaways via Twitter (for example, in October 2018, a Twitter-verified account posing as Elon Musk tweeted that people would receive 1–100 BTC if they sent 0.2–5 BTC to a certain address, which was later proven to be a scam), to Token airdrops were used as bait to steal crypto assets from users’ wallets if they moved the tokens. Now, with NFTs selling at record volumes and prices, scammers have changed their tactics to seek to profit from this growing NFT market, and their tricks seem to be working!How can ordinary users identify NFT security? https://discord.gg/6SA6brU2Xc

How can ordinary users identify Madcanner NFT security?Of course, go to the official channels to get relevant information, do not click on links that have not been officially certified.The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

One of the main tactics is to pretend to provide support services on behalf of the NFT marketplace OpenSea. This strategy works well because users often encounter many problems when approaching NFTs, and users need to seek help when they face problems, so confused buyers of NFTs either seek help from the NFT publisher or from the NFT marketplace they use (e.g. OpenSea) for support. Typically, NFT buyers seek help on the messaging platform Discord, which has now grown into a central place for NFT-related activity and communication. The problem is that it is very easy for anyone to create an account on Discord called “OpenSea Support” (OpenSea Support) or a similar name and wander through the many chat groups on Discord. When someone asks a question, these fake support service accounts offer help by sending a direct message to the questioner.

Take advantage of people’s confusion when it comes to casting NFTs. Scammers also pay special attention to the “casting” of NFTs because they realize that this is the perfect time to catch NFT buyers off guard. We know that when an NFT project is about to launch, a public launch time and date is announced in advance. At this point, the NFT website will offer a “mint” button, and if demand for minting the NFT is high, the NFT may sell out in minutes or even seconds. This can make the NFT minting moment stressful and competitive, which can lead to a lot of confusion among NFT buyers and profits for scammers. One tactic of scammers is to pretend to offer NFT casting services. At this point, the scammers will state that there has been a problem with the casting of the NFT and that the only way to get the NFT is to send the crypto asset to one of their designated wallet addresses. In another example, a scammer will post a fake link claiming that an NFT project will be minted and distributed at that link. Often, the link will look a lot like the official website of that NFT project, but the link will likely steal all of the NFTs from the user’s wallet.

When you are casting an NFT check that you are using the official link, which can usually be found on the FAQ page of the NFT project; do not use any link provided in a public chat group! In addition, it is recommended to create a separate wallet address for each NFT casting, so that at most you will only lose assets in that wallet. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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What NFT can bring to Brand with NFT

The non-homogenized token NFT is widely considered to be the infrastructure of the metaverse virtual world, so what can this crypto token, minted in the blockchain network and valued for its irreplaceable characteristics, bring to real-world brand owners? https://discord.gg/6SA6brU2Xc

what can Madcanner brings to Brand with NFT Madcanner?The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

A CB Insights report released in May of last year noted that NFT is a “very real opportunity” for brands and retailers, with applications ranging from validating tangible goods, reducing friction in e-commerce, generating new revenue through virtual sales, and allowing brands and retailers to leverage growth in the virtual world while connecting with consumers. The report points to three directions of NFT adoption for brand merchants — luxury players will lead the adoption of NFT; NFT will increasingly be used to create unique digital experiences where brands can interact with their customers online; and decentralized commerce will serve as a practical use case for NFT for brands and retailers. Because luxury and NFT share the commonality of ‘scarcity’ and ‘intangible value driving price’, the first application direction of their combination is moving towards reality in trials.

According to Morgan Stanley, luxury groups could generate about $11.3 billion in sales by 2030 from virtual worlds that include NFT, metaverse games, and optimistically, that figure could exceed $20 billion. In terms of brands leveraging NFT to engage with their customers, CB Insights reports that not all brands can do business by selling virtual versions of their products, such as food and beverages, but they can still benefit from engaging customers by using NFT, targeting those who spend time in virtual worlds or metaverse. Consumer food brands are already building on the NFT craze to promote their products and increase its brand awareness among new people by auctioning off digital artwork associated with their brand or products.And how can decentralized commerce serve the use cases of NFT for brands and retailers?CB Insights believes that as the infrastructure evolves, merchants can bypass e-commerce intermediary platforms like Amazon or Alibaba and tokenize physical products and services to help reduce online transaction costs and arbitration risk. https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto

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What are the characteristics of unreliable NFT projects

When it comes to great NFT projects, we cite talented creators, innovative mechanisms, and a vibrant community as important factors. https://discord.gg/6SA6brU2Xc

These factors are exactly what the MadCanner project has to offer.The MadCanner is the first application using Particle Protocol, powered by @MetaParticle. The MadCanner is the world’s first 10,000 unique NFTs that are able to merge and split. A MadCanner is composed of 8 NFTs, including a template and 7 parts: background, eyes, mouth, top, body, straw and gesture. Users can easily split, merge and replace each part.

So what are the characteristics of a bad NFT program?Below, I’ve listed some red flags that you need to keep in mind as you explore new NFT programs, and they range from negligence to outright manipulation of the problem, so let’s protect our wallets.

Red Flag #1: Untenable casting (mint) prices

There is a lot of room for what is a “reasonable” NFT mint price, and there is no single right answer here. However, if a new team is charging much more than its “predecessor” or similar projects, it suggests that they may be more concerned with taking your ETH than anything else.

Red Flag #2: Suspicious Social Media Activity

An NFT program sends you a message out of the blue to direct your attention to an upcoming NFT sale, such as an advertising tweet you saw about a few hours ago. Now you click on the program’s profile and discover that (1) no one you follow is following the program, and (2) this new program has a large (unusual) number of followers. These are red flags! Good projects don’t get personal attention by private messaging or using Web2 ads; they get natural traffic and don’t need to buy followers.

Red Flag #3: Deliberately Maintaining Floor Price

If you see project leaders discussing or working to maintain the floor price of a particular NFT, then you should leave the place; they’re just running a financial plan with little real interest in cultural values or community. This insincerity will affect all the trouble they encounter in the future, so be careful.

Red Flag #4: Discord Abuse

A worrisome situation is when an NFT team chooses to ban a community member’s Discord account when he raises a legitimate question. You want to see the project be inclusive and forthright, not belligerent and secretive. There is no good reason for the team to abuse their auditing duties.

Red Flag #5: Poor Design

A poorly designed project can lead to vulnerabilities, inefficient gas, exploitable mint, etc. It is difficult for novices and a large number of non-technical experts to measure bad code, etc., so following those who know what they are doing and learning from their judgment will be key.

Red flag 6: Completely anonymous team

There is nothing inherently wrong with having a completely anonymous team, people have a right to privacy and in many cases the quality of the project and codebase etc will speak for itself. However, in the worst case, completely anonymous teams can cause serious damage, such as disrupting liquidity, and then have little liability.

Red flag 7: Lack of track record

If an NFT project team lacks seasoned NFT veterans, the project is more likely to be eliminated.

Red flag 8: Failed to pass Etherscan verification

Verifying your code with Etherscan assures the public that it is working correctly on Ethereum. The use of unverified smart contracts means that you have no basic performance guarantee, so this is something you must pay attention to during your NFT activities. For example, you can see how the Cool Pets smart contract is verified by its selected state. Be careful with items that don’t have a similar checkmark.

Red flag 9: Bad ownership distribution

Suppose a 10,000 total PFP avatar project catches your attention, but when you look at its OpenSea collection page and notice that the ownership of the project is distributed among several hundred addresses, then you must be careful, This means that these individuals can have a significant impact on this collectibles market.

Conclusion

Some of the red flags described above can have a high impact, such as misuse of Discord. And some other signals, like completely anonymous teams, aren’t always important, but at least be noticed. Get into the habit of spotting these red flags so you can be smarter about your NFT campaigns. ​​​​ https://discord.gg/6SA6brU2Xc

#nft #nfts #madcanner #avatar #crypto