Non Fungible Tokens - 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.

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.

Non Fungible Tokens

Physical NFTs Explained

Physical NFTs are digital tokens of ownership tied to a real-world asset. These assets combine digital and physical components and can be used to establish ownership of real-world assets such as artworks, fashion items, property deeds, tickets, and more.

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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

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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.

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.

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CCTIP Partners With NFT Platform "MINTVERSE."

Mintverse aims to compete with Industry bigwigs by combining two services into one. It serves as a Multichain NFT aggregator & marketplace, and also as a place where NFTs can be created. So, with Mintverse, you can create your NFT and list it for purchase on the same platform

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...

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NFT Ticketing Explained

Blockchain technology combats the drawbacks of the traditional ticketing system by tokenizing event tickets & selling them as NFTs. NFT tickets are digital assets that store your event entry information. They offer special benefits & act as access credentials to your events.

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Fungible Vs. Non-fungible Tokens: What is the difference?

Fungible tokens are easily exchangeable assets that are divisible & not unique. They're constructed so that each token fraction is comparable to the next. Non-fungible token (NFT) is a digital authentication certificate that attaches ownership to unique physical or digital assets.

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HOW TO SET UP YOUR NFT PROFILE PICTURE (PFP)

1. Sign in to your Twitter account. 2. Ensure you have subscribed to Twitter Blue. 3. Locate your profile and click on “Edit profile.” 4. Tap on the profile picture icon and select Choose NFT. 5. Select your wallet service provider. 6. Connect your wallet...

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NFT Communities To Join In 2022

NFT communities are very similar to traditional communities; they are virtual communities that offer perks in both the real and virtual worlds. 1. Beanz NFT collection 2. PXN – Ghost Division 3. Ragnarok Meta 4. Cool Cats NFT 5. World of Women (WOW) NFT

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Create Your Own NFT: Minting an NFT Explained

How do you get started with NFTs? How do you make your own unique piece? How do you turn your asset into an NFT? We've broken it down into simple steps so you can quickly understand and take an active part in this expanding industry.

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Practical Real-Life Use Cases of NFTs

You may wonder why there has been so much hype about NFTs since 2021. From art to music, gaming, and real estate; NFTs are applied to many real-life sectors.