NFT became popular in 2021. According to the data «Guardian» the turnover from the sale in 2021 was more than $22 billion, compared to 2020 when NFT sales made only $100 million.
At the beginning of 2022, NFT is a fashionable trend that everyone talks about and writes about. Increasingly, news sites are reporting expensive celebrity purchases. For example, American rapper Eminem purchased the collectible NFT «Bored Ape Yacht Club #9055» for $450,000 at the end of December 2021.
Non-reciprocable token (NFT) is a type of cryptocurrency token, each of which is completely unique. In other words, NFT is a digital certificate attached to a unique object. Interchangeable assets include Fiat, Stablecoin, Bitcoin and Altcoin. They can be replaced with similar features and values. This cannot be done with NFT.
In October 2015, the first full-fledged NFT Etheria project from Ethereum developers was launched.
In 2017, NFT Smart Contracts were introduced.
One of the first NFT was the mem - HOMERPEPE. It was originally sold for $500, seven months later - for $320,000.
The CryptoPunks images were widely publicized. This collection consists of 10,000 digital images of humans, monkeys, aliens and other creatures created in pixel form.
At the end of 2017, CryptoKitties became one of the most popular CryptoKitties.
CryptoKitties is a decentralized application, an online game based on Ethereum. Players bought NFT cats, cared for them, and raised their offspring by paying a commission. The goal of the game was to get cats with rare genes.
Ethereum faced difficulties with overloading, because of the game’s popularity. The price of a single cat in Dapp was 0.011 ETH, and one of the rare NFT kittens purchased from the hands was Dragon, with a price of 600 ETH.
In 2019, Nike introduced NFT technology to authenticate CryptoKicks physical sneakers, providing a virtual version of the shoes to the buyer.
As of the beginning of 2022, there are many trading platforms for the sale and purchase of various NFT.
The following is a list of some of the most popular:
1) The simplest smart contract to create an NFT (ERC721)
2) Smart contract with white list and resale commission NFT (ERC721)
3) Smart Contract with White List for NFT Presale (ERC721)
At the beginning of 2022, NFT is a fashionable trend that everyone talks about and writes about. Increasingly, news sites are reporting expensive celebrity purchases. For example, American rapper Eminem purchased the collectible NFT «Bored Ape Yacht Club #9055» for $450,000 at the end of December 2021.
Non-reciprocable token (NFT) is a type of cryptocurrency token, each of which is completely unique. In other words, NFT is a digital certificate attached to a unique object. Interchangeable assets include Fiat, Stablecoin, Bitcoin and Altcoin. They can be replaced with similar features and values. This cannot be done with NFT.
Where NFT is used
- Art. Transfer a physical object to a digital unique view.
- Virtual universes objects: clothing, earth, animals, plants, etc.;
- Game objects: characters, skins, artifacts, weapons, equipment, etc.;
- licensing and certification. A non-reciprocable token with a record of unique documents. For example, diplomas, certificates and various documents may be issued in NFT format, thus eliminating the risk of forgery and fraud.
NFT history
Experiments to create NFT began as early as 2013 on the basis of the Bitcoin blockchain (Colored Coins and Counterparty projects).
In October 2015, the first full-fledged NFT Etheria project from Ethereum developers was launched.
In 2017, NFT Smart Contracts were introduced.
One of the first NFT was the mem - HOMERPEPE. It was originally sold for $500, seven months later - for $320,000.
The CryptoPunks images were widely publicized. This collection consists of 10,000 digital images of humans, monkeys, aliens and other creatures created in pixel form.
At the end of 2017, CryptoKitties became one of the most popular CryptoKitties.
CryptoKitties is a decentralized application, an online game based on Ethereum. Players bought NFT cats, cared for them, and raised their offspring by paying a commission. The goal of the game was to get cats with rare genes.
Ethereum faced difficulties with overloading, because of the game’s popularity. The price of a single cat in Dapp was 0.011 ETH, and one of the rare NFT kittens purchased from the hands was Dragon, with a price of 600 ETH.
In 2019, Nike introduced NFT technology to authenticate CryptoKicks physical sneakers, providing a virtual version of the shoes to the buyer.
NFT popular collections
- CryptoPunks. First of its kind NFT collection.
- Hashmasks. NFT’s collection of 16,000 unique masks characters, created by 70 artists.
- NBA TopShots. Collector’s NFT with the best throw NBA has ever had.
- Crypto Stamps. Digital images of Austrian stamps.
- MiniBTC Army. Unique collection of 10,000 algorithmically generated images from the $MINIBTC creator. These NFT are of two types: human or alien, with one of four worlds in the background: the Solar System, the Moon, the Future World, and the Earth. These NFTs will be available for use in the metaverse. The game is tentatively scheduled for release in the second quarter of 2022.
As of the beginning of 2022, there are many trading platforms for the sale and purchase of various NFT.
The following is a list of some of the most popular:
- OpenSea is the first NFT platform created in 2017. It provides a wide range of categories for transactions. The commission is 2.5% of the price of the NFT and is charged to the buyer.
- NiftyGateway - Created in 2018. It is one of the world’s leading NFT marketplace platforms. The platform is owned by the American crypto exchange Gemini.
- Rarible is an NFT marketplace created in 2019 by two Russian developers. This platform has a simplified interface for creating NFT, as well as no precommunication, which makes listing NFT much easier.
- MiniBTC marketplace.
How to get NFT free
In early 2022, the NFT was on the hype. Many of the founders of the projects donate NFT as Airdrop. Also, non-reciprocable tokens can be obtained by playing games, performing certain tasks in metaverses, buying rewards from resources such as CoinGecko One way to get NFT is to create it yourself.
How to create NFT using third-party services
The easiest way to create a custom token is to use marketplaces such as OpenSea or Rarible.
How to create a NFT on your own
1) The simplest smart contract to create an NFT (ERC721)
2) Smart contract with white list and resale commission NFT (ERC721)
3) Smart Contract with White List for NFT Presale (ERC721)
How to create NFT
Conclusion
In my opinion, the NFT is still at the start. The rapid development of these tokens began in 2021. New technological solutions, new directions and applications are emerging in different spheres of our lives. Society is interested in NFT, and this is one of the main signs for development.[/MEDIA]
Conclusion
In my opinion, the NFT is still at the start. The rapid development of these tokens began in 2021. New technological solutions, new directions and applications are emerging in different spheres of our lives. Society is interested in NFT, and this is one of the main signs for development.[/MEDIA]
Last edited: