NFT - Cwallet Blog

How is Loan-To-Value Ratio Calculated For NFT Loans?

To estimate the LTV ratio for NFT-backed loans, a lender first assesses the value of the NFTs put up as collateral. Given the unique and often volatile nature of NFTs, determining a fair and accurate LTV ratio is essential for both lenders and borrowers.

NFT Loan

What Are NFT Loans And How Do They Work

This post explains how NFT loans work, their utility, and the benefits they bring to digital asset owners. Non-fungible token (NFT) loans are a relatively new financial concept that leverages blockchain technology to offer liquidity to NFT holders.

NFT

Cwallet Weekly Listing Review: DCK, HOOK, EGO, BCCOIN, MTL, AEVO

Recently, $DCK, $HOOK, $EGO, $BCCOIN, $MTL, and $AEVO have become part of the Cwallet.

JTO

Cwallet Weekly Listing Review: JUP, JTO, AXL, VOXEL, ALITA

Last week, $JTO, $JUP, $ALITA, $VOXEL, $AXL joined Cwallet, where you could store, transfer, tip and airdrop.

Non Fungible Tokens

NFT Token Standards: What is The Difference Between ERC-721 and ERC-1155

ERC-1155 tokens offer superior gas efficiency compared to ERC-721, particularly for batch operations. Because ERC-1155 supports batch transfers natively, multiple tokens can be transferred within a single transaction, significantly reducing overall gas costs.

Market Trends

What is an NFT Drop?

In the NFT universe, the term 'drop' refers to a scheduled event where a fresh collection of NFTs is made available to the public. This event is comparable to a product launch or a movie release.

crypto futures

The Future of Cryptocurrencies: Predictions and Trends to Watch

The future of cryptocurrencies holds immense potential for growth and innovation. As cryptocurrency evolves, having a reliable and user-friendly wallet like Cwallet becomes increasingly important.

Best NFT wallet

How To Buy NFTs For Beginners? (Best NFT Wallet Revealed!)

Purchasing an NFT can be a time-consuming process because there are several factors to consider, one of which is understanding the blockchain on which the NFT was created, where to find it, and how to store the NFT securely. NFT can be built on various blockchains, including ...

NFT

How To Sell Physical Items As NFTs

Physical NFTs are digital ownership tokens that are linked to a physical asset. These assets combine digital and physical components and can be used to establish ownership of real-world assets such as paintings, clothing, jewelry, property deeds, tickets, and more.

NFT

How To Spot A Fake NFT?

Plagiarism and forgery are becoming more common as NFT adoption grows, and many traditional and digital artists profit from their creativity. With the NFT space rapidly expanding and a single art piece selling for thousands of dollars, it's impossible not to see con artists preying on newcomers' ...

NFT

Best NFT Marketplaces For 2023

Despite the industry's bearish trajectory for the majority of 2022, NFT adoption and application cases continue to gain traction. As a result, as NFT grows in popularity and its applications expand beyond gaming, art, fashion, music, the metaverse, and tangible assets, more creators...

NFT

Top NFT Trends To Watch in 2023

1. NFT ticketing is a hot trend because it eliminates the middleman in purchasing event tickets. 2. NFT Music pattern is expected to become more popular in 2023 as few marketplaces have already begun selling partial ownership music NFTs in collaboration with well-known celebrities...

Metaverse

How To Invest In The Metaverse: A Beginner's Guide (updated 2023)

..as a beginner, how can you invest in the Metaverse? How can you profit from "the next step in the advancement of the internet"? Direct Investment In The Metaverse: Buy Metaverse Cryptocurrency. Indirect Investment In The Metaverse ...

Web3

Top 5 Web3 & Blockchain Trends to look out for in 2023

In 2023, we can expect to see further growth in the adoption of DeFi, as more people become aware of the benefits of decentralized finance and the potential for creating new financial instruments. This trend is likely to be driven by the increasing availability of user-friendly DeFi applications

NFT

Why Are NFTs Losing Value So Bad?

A person with an NFT worth 0.05 ETH as of April would be willing to sell off their asset for 0.03 ETH as of May than hold it amid a price crash, where Ethereum lost over 80% of its value. Hence, the bear market reduced NFT transactions

NFT

Should I Freeze My NFTs Metadata?

If you need your NFT to be regularly customizable, it isn't advisable to freeze your metadata. For example, if you are creating an in-game NFT asset, unfreezing the NFT makes it possible for players to unlock new NFT properties as they progress within the game

Non Fungible Tokens

The NFT Metadata: What It Is and How It Works

Metadata is information about other data; in the case of an NFT, it specifies the core characteristics of the NFT, such as its name, description, transaction history, visual or auditory assets, and other elements deemed relevant by the token's inventor.

NFT

The Top Secrets to Getting Whitelisted for NFT Projects in 2022

Retweeting, joining the project's Discord server, and asking at least one other person to join the project's Discord server are examples of these steps. Other whitelist application requirements might range from completing a simple Google Form to being an active referrer of their initiative.

NFT investment

Free Mint NFTs: A Guide to Making Money from NFTs in 2022

paying to mint an NFT doesn't guarantee a successful NFT project; hence, NFT projects that involve upfront fees aren't inherently better than free mints. The factors that determine how far an NFT project will go, do not emphasize much on their initial cost

NFT

A Guide To NFT Gas Fees On OpenSea

Generally, gas fees are common when making transactions on the blockchain; however, you may avoid paying some gas fees through proper planning.

Non Fungible Tokens

The Battle of the Solana NFT Marketplace 2022 - Magic Eden vs. OpenSea

OpenSea and Magic Eden both excel in terms of community access, and any project listed on these marketplaces can easily attain success.

Beginners Guide

Wash Trading in Crypto: What It Is and How to Avoid It

Wash trading is a market manipulation strategy traders use to impact an asset's trading activity and price. Typically, one or more cooperating agents execute a series of deals without considering market risks, resulting in no change in the hostile actors' initial position.

NFT Metadata

What is NFT Metadata?

NFT metadata is the data that gives general information about other data; this includes the name, description, & other elements deemed necessary by the author of an NFT. Since NFT marketplaces use metadata to show NFTs to buyers and sellers, metadata must be in a format...

Metaverse

Top Metaverse Projects on Various Blockchains

The blockchain serves two essential functions in the metaverse. Firstly, it allows users to store data anywhere in the metaverse. Secondly, blockchain technology creates a complete economic framework & enables a digital environment to integrate the metaverse's virtual world with the actual world.

Metaverse

How To Make Money In The Metaverse?

The Metaverse is attracting an increasing number of participants. In addition, with the use of virtual reality (VR) and augmented reality (AR), the users' experiences in the Metaverse are more immersive and realistic. As a result, the Metaverse has many possible ways to make money.