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<p>The resounding success of NFTs changed the perception of art, technology, and digital assets in 2020. Specifically, the field of art saw a revolution of sorts, with hundreds of artists turning their art into digital form and gaining patrons (in other words, buyers) across the globe.&nbsp;</p>



<p>As a result, professionals and regular people are also drawn to the creation of NFT. If you are a developing digital artist or aspire to be one in the near future, you may have wondered how exactly one creates NFT. A one-line answer to the question is that NFTs are created using the software.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/NFT-Sofwares-1-1024x683.jpg" alt="" class="wp-image-1143" srcset="https://3.111.63.208/wp-content/uploads/2022/09/NFT-Sofwares-1-1024x683.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/NFT-Sofwares-1-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/NFT-Sofwares-1-768x512.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/NFT-Sofwares-1-1536x1024.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/09/NFT-Sofwares-1.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>With NFTs gaining popularity, numerous software is being developed to aid NFT creators and digital artists. However, one cannot help but wonder which NFT creation software is most effective. With such an assorted range of options available, selecting the most dependable ones may be challenging.&nbsp;</p>



<h2>Best NFT creation software tools</h2>



<p>Here is several popular NFT design software that allows you to construct NFTs and helps you get started with the creative side of NFTs:</p>



<h3><strong>Photoshop</strong></h3>



<p>Anyone can vouch for Photoshop&#8217;s attractive features and incredible graphics. Thus, it is not surprising to see Photoshop in the list of software used to make NFTs. Creating NFT is so much fun with Photoshop, and it is no exaggeration to say that most professional artists prefer this software to produce rich art.</p>



<p>This software is compatible with various OS such as Windows, Mac, and Android. It has a comprehensive collection of tools that helps to customize artwork and allows you to create animation.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-16-1024x538.png" alt="Photoshop For NFT" class="wp-image-1144" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-16-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-16-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-16-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-16.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>NFT Creator</strong></h3>



<p>This is excellent software for Apple devices. It has user-friendly features that enable users to upload images and let them work on them. Furthermore, it has several templates for pixelated images, doodles, arts, etc.</p>



<p>The software boasts numerous art filters that can change any image into art. It has trendy features, 1000+ backgrounds to customize the art, and numerous fonts to support the creation. This software has updated visuals and filters that attract the youth; thus, go for this if your target audience is younger.&nbsp;</p>



<p>Furthermore, the subscription fees are pretty reasonable for a yearly plan.&nbsp;</p>



<p><strong>Note:</strong> This software is compatible with iOS devices only (iPhone, iPad, Mac, and iPod).</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-17-1024x538.png" alt="NFT Creator For NFT" class="wp-image-1145" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-17-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-17-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-17-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-17.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>SketchAR</strong></h3>



<p>This is user-friendly software that helps artists convert their art into NFTs directly rather than creating NFT digital art from scratch. It is an innovative mobile application that lets users explore and learn digital art.</p>



<p>It provides an excellent learning experience through its noteworthy features. Users get a chance to share and showcase their work on this platform through artwork submissions. Once you create artwork and submit it, SketchAR goes through the submissions and picks one best art every week and features it on its feed.</p>



<p>Thus, you get a chance to show off and see exemplary artworks of talented artists.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-18-1024x538.png" alt="SketchAR For NFT" class="wp-image-1146" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-18-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-18-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-18-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-18.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>NFT art generator</strong></h3>



<p>As the name says, this software helps all those artists to create NFT online. One can create art, sell it, and build a solid community through this software. NFTs can be created in various formats, including MP4, GIF, and PNG. <a href="https://upyo.com/en/nft/upload-variants">Create your own NFT on UPYO</a></p>



<p>Once registered on the website, you are immediately directed to the workspace, where you can combine different layers to create unique illustrations. The user interface is kept really simple so that you can easily navigate through it.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-19-1024x538.png" alt="NFT art generator For NFT" class="wp-image-1147" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-19-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-19-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-19-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-19.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>GoArt</strong></h3>



<p>This is one of the wonderful apps available that make use of modern technology to create impressionable artwork. One can mix classic art techniques to transform ordinary images into beautiful works of art using this software. </p>



<p>However, as with other premium software, you gain access to its premium features only after making the in-app purchases. Furthermore, the software entails high-definition print support and you can export pictures up to 8 megapixels.</p>



<p>Another highlight of this software is the addition of a new BFT-related function that makes it easier to mint NFTs.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-20-1024x538.png" alt="GoArt For NFT" class="wp-image-1148" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-20-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-20-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-20-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-20.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Fotor</strong></h3>



<p>Fotor is one of the user-friendly software that helps a regular person with no artistic talent create NFT. One can simply upload a photograph/picture and pick an art style; the software shall take care of the next steps. </p>



<p>It is not necessary to know how to code; all one needs to do is create layers and edit them according to the preferences. The artist can be as minimal or as extensive as they like.</p>



<p>Moreover, the artist need not even have to register an account or sign up to download the generated artwork. This option gives a distinct advantage to Fotor over other NFT creation software.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-21-1024x538.png" alt="Fotor For NFT" class="wp-image-1149" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-21-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-21-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-21-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-21.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>PixelChain</strong></h3>



<p>It is one of the best NFT creating software that helps users create and store artwork. The software entails some innovative features that help encode the data, compress it, and store it on the blockchain. Furthermore, the information saved is authorized with the name and details of the artist.</p>



<p>The software stores the information and metadata efficiently in the chain, which remains forever. And the user can access the data stored in the blockchain directly. This feature efficiently solves the problem of losing graphical information and artwork.&nbsp;</p>



<p>Although the software has limited features, it compensates by providing solid security to the information and artwork stored on the blockchain.&nbsp;</p>



<p>Thus, if you are worried about the security of your artwork, consider using PixelChain.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-22-1024x538.png" alt="PixelChain For NFT" class="wp-image-1150" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-22-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-22-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-22-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-22.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Nifty Ink</strong></h3>



<p>This is possibly the best free interactive software for beginners on xDai. Any digital artist irrespective of their skill level can use this software to make NFT art. Another advantage is that you don’t need to understand Blockchain technology to use this software. This is especially a boon for beginners who have little or no knowledge of Blockchain technology. </p>



<p>Web3 artists can simply use the software to create and sell token without many hassles.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-23-1024x538.png" alt="Nifty Ink For NFt" class="wp-image-1151" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-23-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-23-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-23-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-23.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>NightCafe</strong></h3>



<p>The NightCafe is a popular NFT art generator that allows for bulk creatives&#8217; quick and easy creation. This NFT art generator offers sophisticated tools driven by AI. And these AI magic tools make it quick and straightforward to sell your NFT artworks.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-24-1024x538.png" alt="NightCafe For NFT" class="wp-image-1152" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-24-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-24-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-24-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-24.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Hotpot.ai</strong></h3>



<p>There is no better software with automation features than Hotpot.ai. This AI-powered application allows users to design their own NFT art from scratch.</p>



<p>Hopot.ai&#8217;s AI features will allow users to customize and personalize their existing and new assets. Furthermore, it does not affect aesthetics or quality during the tweaking process. Additionally, it has excellent tools for improving colors and graphical elements to make it appear more authentic.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-25-1024x538.png" alt="Hotpot.ai For NFT" class="wp-image-1153" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-25-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-25-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-25-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-25.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2>Conclusion</h2>



<p>Thus, these are some of the excellent tools and apps you can use to design your NFTs. While some of these require expertise and knowledge to reap the benefits of the tools, others are beginner-friendly and do not require in-depth design knowledge. If you’re a <a href="https://upyo.com/en/post/nft-for-dummies">beginner to NFT</a>, choose the one with a simple interface and easy-to-follow instructions.&nbsp;</p>



<p>Remember to go through the tutorials before using the software to get a basic understanding of the software. It is also recommended to go for a basic/free plan initially and subscribe only when you think it is the right tool.</p>


10 incredible softwares used to make NFTs


<p>The billion-dollar NFT industry has everyone intrigued. In 2021, NFT sales hit an astonishing USD 24.9 billion. It&#8217;s a significant rise from USD 94.9 million the year before. As the popularity of tokenized digital assets sweeps the crypto world, investors need to be cautious about their investments from NFT scams. </p>



<p>Recently, there have been multiple instances of fraud where scammers have stolen millions of dollars from unsuspecting investors. The NFT community and market have encountered a growing number of scams and phishing incidents. Factors like lack of regulations and limited information have fueled rampant scams and fraudulent practices.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-13-1024x538.png" alt="NFT Scammer" class="wp-image-1135" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-13-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-13-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-13-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-13.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Let&#8217;s break down the different types of NFT scams and how to avoid them so that you don&#8217;t lose your money to cybercriminals:</p>



<h2><strong>Are NFTs a Scam?</strong></h2>



<p>The term non-fungible tokens were virtually unknown before 2019 although they have been around since 2015. After the record-breaking sale of Beeple&#8217;s &#8220;Everydays- The First 5000 Days&#8221; at a Christie auction, the popularity of NFTs grew massively. Big names, including global corporations (Nike, Samsung, Coca Cola, etc.) and celebrities, released their own NFT collections in the market, hoping to replicate Beeple&#8217;s success.&nbsp;</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="976" height="549" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/5000-Days.jpg" alt="what is nft scams " class="wp-image-1136" srcset="https://3.111.63.208/wp-content/uploads/2022/09/5000-Days.jpg 976w, https://3.111.63.208/wp-content/uploads/2022/09/5000-Days-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/5000-Days-768x432.jpg 768w" sizes="(max-width: 976px) 100vw, 976px" /></figure>



<p>While NFTs have gained massive popularity in the digital space, many people are still skeptical about spending money on intangible digital items. Cynics are convinced that NFTs are a digital bubble that will burst sooner or later. NFT use cases are still in development. Therefore, it&#8217;s difficult to predict how NFTs will transition from the niche art world and apply to different industries and ecosystems.&nbsp;</p>



<p>Another big reason for apprehension in NFT adoption is the growing number of scams. According to a recent report by <a href="https://opensea.io/" rel="nofollow">OpenSea</a>, almost 80% of the NFTs minted through their platforms are fakes, scams, or plagiarized works. There have been multiple instances where scammers have stolen millions of dollars worth of NFTs from unassuming users.</p>



<p>While there are numerous fake websites and hoax NFT drops, not all NFTs are scams. Verified marketplaces like <a href="https://upyo.com/en/nft">UPYO</a> take necessary precautions to ensure that the collections they endorse are original and genuine. Buyers must be careful when investing in tokenized assets to avoid falling prey to these scams.</p>



<h2><strong>What are the Most Common NFT Scams?</strong></h2>



<p>Below are the top 8 NFT scams that consumers must avoid:</p>



<h3><strong>Counterfeit NFTs:</strong></h3>



<p>An increasing number of cybercriminals are stealing artwork from creators and selling plagiarized NFTs on various marketplaces. Scammers put these inauthentic assets on auction for unsuspecting customers to purchase. These counterfeit assets have no value once it&#8217;s revealed that they are counterfeit. There is no way to get your cryptocurrency back once you invest in a fake NFT.&nbsp;</p>



<p>It&#8217;s vital to understand that minting a digital asset or file does not create a new piece of intellectual property or grant you ownership of it. Instead, the minting process converts a digital file into something that can be stored on a blockchain network.</p>



<p>The reason the market is flooded with counterfeit NFTs is that it&#8217;s very easy for people to mint an asset on an NFT platform. Even if a person does not have intellectual property rights to an image or artwork, they can mint the asset in a marketplace. However, any non-fungible token that has been stolen from an artist doesn&#8217;t hold much value in the crypto world.&nbsp;</p>



<h3><strong>Phishing scams:</strong></h3>



<p>Phishing scams aim to steal users&#8217; crypto wallet information such as seed phrases and private keys through fake pop-ups. If scammers get a hold of your wallet details, they can steal your cryptocurrency and any NFT collection stored in it. The most recent phishing scam targeted MetaMask users. As per the recent report by Check Point Research, MetaMask users have collectively lost approximately $500,000 in phishing attacks.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-14-1024x538.png" alt="NFT Scaming" class="wp-image-1137" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-14-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-14-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-14-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-14.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Scammers post phony advertisements on platforms like Discord and Telegram to attract users. When you click on these links, you&#8217;re asked to provide your secret seed phrase, which the scammers use later to steal your tokens.</p>



<h3><strong>Fake websites:</strong> </h3>



<p>Scammers with advanced skills are capable of creating fake websites and marketplaces that replicate real ones. Most of these fake websites are incredibly detail-oriented and well built, so much so that even experienced NFT users face difficulty distinguishing between legitimate websites and counterfeit. Fake websites sell plagiarized NFT collectibles; therefore, investors may lose thousands of dollars on fakes that have no resale value in the market.</p>



<h3><strong>Bidding scams:</strong></h3>



<p>Bidding scams are common in secondary marketplaces where NFTs are resold to the highest bidders. What happens in a bidding scam is that once an NFT is sold, scammers who pose as genuine bidders change the cryptocurrency to one with lower value without any prior notice. This prevents owners from earning the agreed NFT price.</p>



<h3><strong>Fake brands:</strong></h3>



<p>A common NFT fraud is the impersonation of famous brands. Scammers pose as the original brand and sell fake NFT projects to investors. They meticulously develop their fake brand to replicate the real one. With so many renowned companies launching their own collections, it&#8217;s essential to verify the authenticity of the NFTs before buying them from a marketplace. Once they manage to sell their counterfeits, the scammers vanish without a trace leaving collectors with a loss.</p>



<h3><strong>Rug pull:</strong></h3>



<p>Scammers sometimes leverage new NFT projects to get customers to buy fraudulent NFTs. This trick is called an <a href="https://upyo.com/en/post/nft-rug-pulls">NFT rug pull</a>. Cybercriminals start new projects with no intention of seeing them through. They purposely create a seemingly authentic NFT, but it turns out to be unsellable. The NFT owner then discovers they paid a high price for an item that would not appreciate as much as they expected.</p>



<h3><strong>Direct messages and email scams:</strong></h3>



<p>Scammers sometimes contact prospective purchasers, claiming to have knowledge about NFT drops. The majority of them occur on social media sites where you receive anonymous direct messages informing you that you have won rewards. Investors should avoid these messages and emails since they are deceptive. The email or direct message will ask you to click on a link, and if you do, the hackers will gain access to your information.</p>



<h3><strong>Pump and dump schemes:</strong></h3>



<p>Experienced NFT fraudsters use a tactic called &#8220;pump and dump&#8221; to artificially raise the price of an NFT. Pump and dump schemes are inspired by securities fraud. They accomplish this scam by placing multiple bids in a short period of time to give the impression that a specific NFT is popular. When they successfully drive the asking price, they usually cash out. Later on, buyers come to the realization that the NFT they bought is not nearly as valuable as they thought.</p>



<h2><strong>How to Identify an NFT Scam?</strong></h2>



<p>The only way to identify NFT scams is to stay vigilant. You must act responsibly and do your research before investing in an NFT project. It helps to be part of online NFT communities to verify the legitimacy of new NFT drops from artists. This is especially critical if you&#8217;re purchasing assets from an unknown seller. Cautious collectors only invest what they are willing to lose. This way, even if they get scammed, it doesn&#8217;t financially ruin them.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Untitled-design-15-1024x538.png" alt="NFT Frauds" class="wp-image-1138" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-15-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-15-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-15-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Untitled-design-15.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>How to Safeguard Yourself From NFT Frauds?</strong></h2>



<p>Follow the steps below to protect yourself from NFT frauds:</p>



<h3><strong>Avoid suspicious links:</strong></h3>



<p>The first rule of the internet is to avoid suspicious links and pop-ups. More often than not, these links are designed to steal your personal information. Phishing emails sent by hackers can easily steal your wallet details and take your money.</p>



<h3><strong>Avoid easy passwords:</strong></h3>



<p>The biggest mistake that NFT users make is to set easy-to-guess passwords for their NFT accounts and wallets. These passwords can be decoded with little effort, leaving owners vulnerable to fraud. Once fraudsters have your passwords, they can bar you from accessing your account. Therefore, you can lose all your cryptocurrency and NFTs.</p>



<h3><strong>Enable two-step verification:</strong></h3>



<p>Secure platforms always offer a two-step verification process to their customers. It&#8217;s vital to enable this feature to protect your account from hacking. Most notable wallets are equipped with two-step verification methods like facial recognition and fingerprint scanning, making it impossible for scammers to impersonate your identity.</p>



<h3><strong>Use verified NFT platforms:</strong></h3>



<p>Verified NFT marketplaces take every precaution to prevent the buying and selling of counterfeits. Therefore, it&#8217;s safer to buy from or sell on these platforms. Moreover, if you&#8217;re buying from a seller, always confirm the authenticity before putting down an offer.</p>



<h3><strong>Never disclose your seed phrase:</strong></h3>



<p>Your seed phrase should be stored securely such that only you have access to it. Any website or email that asks you to disclose your seed phrase is probably fake. If scammers discover your seed phrase, they can steal your tokens and lock you out of your account. Therefore, never share your seed phrase with anyone.</p>



<h3><strong>Cross-check NFT prices before buying:</strong></h3>



<p>Given how typical pump and dump schemes are, it&#8217;s essential to verify the price of an NFT on official NFT marketplaces. If the price looks to be far cheaper than what is published on an actual NFT trading platform, it is most likely a hoax.</p>



<h2><strong>Conclusion</strong></h2>



<p>Since NFTs are a new concept, most people are still trying to figure out this crypto ecosystem. Cybercriminals leverage the lack of general awareness to trick buyers and sellers of their hard-earned money. Scammers have minted millions of dollars out of investors&#8217; pockets in the last year alone. Though scams are prevalent in the NFT space, investors can avoid these schemes by implementing basic cybersecurity practices.</p>


NFT Scams: What is it? How to Avoid Them?


<p>As the crypto art market grows, it is becoming more and more male-dominated. While the overwhelming majority of artists embracing this market are male, more and more women are beginning to band together to help each other get a foot in the door of virtual galleries where they can access the highest-paying collectors.</p>



<p>Below is a list of ten female creatives—designers, illustrators, animators, and digital photographers—who are active in the NFT community. They all seek to gain better exposure and do so through collaborations, mutual recommendations, and sharing their artworks online.</p>



<h2><strong>Female NFT artists</strong></h2>



<h3><strong>Blake Kathryn:</strong></h3>



<p>Blake has been the talk of the town recently for her collaboration with Paris Hilton on an art piece called Iconic Crypto Queen. The artwork was sold at auction by the Nifty Gateway gallery for $1,111,211. Blake’s name, however, was already known in the world of 3D animation before Paris chose her to create her first collection. Her sexy and fantastical exploration of dreamlike landscapes had already been popular on social media. Blake also has a Twitch account, in which she talks about art while showing her creative processes.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/Blake-Kathryn-1-1024x576.jpg" alt="Blake Kathryn" class="wp-image-3309" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Blake-Kathryn-1-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Blake-Kathryn-1-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/Blake-Kathryn-1-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/Blake-Kathryn-1-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/09/Blake-Kathryn-1-2048x1152.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Paloma Rincón:</strong></h3>



<p>Paloma is a Latin American artist who uses her art to connect with the country where she was born and grew up in. Her images frequently depict motifs related to summers in Acapulco, Mexican cuisine, and flowers native to the country. Paloma’s images, which she sells on the Foundation online gallery, are fixed and static. Her latest artwork, inspired by her childhood vacations, has a value of $3,922.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/nft-1024x1024.jpg" alt="Paloma Rincón" class="wp-image-1106" srcset="https://3.111.63.208/wp-content/uploads/2022/09/nft-1024x1024.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/nft-300x300.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/nft-150x150.jpg 150w, https://3.111.63.208/wp-content/uploads/2022/09/nft-768x768.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/nft.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Jenisu:</strong></h3>



<p>This Japanese digital illustrator is inspired by technology, architecture, vintage aesthetics, and interior design to create an attractive imaginary world set in realistic scale and perspective. Her distinctive features are a palette of pop colors and highly detailed outlines.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/12/Jenisu-NFT-1024x576.jpg" alt="Jenisu NFT" class="wp-image-3234" srcset="https://3.111.63.208/wp-content/uploads/2022/12/Jenisu-NFT-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/12/Jenisu-NFT-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/12/Jenisu-NFT-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/12/Jenisu-NFT-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/12/Jenisu-NFT-2048x1152.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Anna Zhilyaeva:</strong></h3>



<p>Anna’s work is a source of amazement even within the animation world. As a <a href="https://upyo.com/en/post/nfts-and-metaverse">virtual reality</a> artist, her pieces are created for and can only be appreciated through VR devices. She is a pioneer in mixed reality art and has performed live all over the world, including in the Louvre, and in Paris. During a three-hour performance at the museum, she interacted digitally with the famous Liberty Leading the People painting. The video of her performance is being auctioned on the SupeRare platform and offers to gravitate toward the $30,000 price tag.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/anna-vr-artist-1024x576.jpg" alt="Anna Zhilyaeva Art" class="wp-image-1108" srcset="https://3.111.63.208/wp-content/uploads/2022/09/anna-vr-artist-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/anna-vr-artist-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/anna-vr-artist-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/anna-vr-artist.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Gala Mirissa:</strong></h3>



<p>Gala Mirissa is a digital artist based in Barcelona and Tarragona. She combines photography and graphic art with animation to create a universal language. She was a finalist in the 2018 Visual Artists Awards in Miami for the Technical Innovation category. She was also shortlisted for the category Women in Multimedia Art at the Women Cinemakers International Biennial.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="861" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o-861x1024.jpg" alt="Gala Mirissa Art" class="wp-image-1109" srcset="https://3.111.63.208/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o-861x1024.jpg 861w, https://3.111.63.208/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o-252x300.jpg 252w, https://3.111.63.208/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o-768x914.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o-1291x1536.jpg 1291w, https://3.111.63.208/wp-content/uploads/2022/09/96141599_3124190930975953_7853850216204599296_o.jpg 1485w" sizes="(max-width: 861px) 100vw, 861px" /></figure>



<h3><strong>Maalavidaa:</strong></h3>



<p>Alicia Rainaud is a French graphic designer and digital artist who, in her abstract work, explores the mental processes that she experiences through Jungian therapy, meditation, and visual experimentation. The artist considers art as a medium to elevate mental intelligence and corporal sensitivity. She also specializes in branding, programming, and UX design.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="731" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/ello-hdpi-9cd10327-731x1024.jpg" alt="Maalavidaa Art" class="wp-image-1110" srcset="https://3.111.63.208/wp-content/uploads/2022/09/ello-hdpi-9cd10327-731x1024.jpg 731w, https://3.111.63.208/wp-content/uploads/2022/09/ello-hdpi-9cd10327-214x300.jpg 214w, https://3.111.63.208/wp-content/uploads/2022/09/ello-hdpi-9cd10327.jpg 750w" sizes="(max-width: 731px) 100vw, 731px" /></figure>



<h3><strong>Diana Coatu:</strong></h3>



<p>Diana is a digital artist based in Sibiu, Romania. After working as a pediatrician for 26 years, she discovered her artistic side and found her true expression in digital art. She explains that her artworks aim to reveal the “holofractographic” nature of the universe, and they are journeys to different dimensions, archetypes, and quantic dimensions.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="720" height="720" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/13311155_silence-like-glass.jpg" alt="Diana Coatu Art" class="wp-image-1111" srcset="https://3.111.63.208/wp-content/uploads/2022/09/13311155_silence-like-glass.jpg 720w, https://3.111.63.208/wp-content/uploads/2022/09/13311155_silence-like-glass-300x300.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/13311155_silence-like-glass-150x150.jpg 150w" sizes="(max-width: 720px) 100vw, 720px" /></figure>



<h3><strong>Krista Kim:</strong></h3>



<p>Krista Kim is the founder of the Techism movement, which explores the convergence of art with technology, and technological innovation as a medium to promote the development of digital humanism. She believes that artists must be at the forefront of technological innovation. Recently, Krista sold the first “digital home” in the NFT world for $500,000. She created the house with the game engine software Unreal Engine by Epic Games, which allows for interactive tours of the property.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/image5-1024x576.webp" alt="" class="wp-image-1112" srcset="https://3.111.63.208/wp-content/uploads/2022/09/image5-1024x576.webp 1024w, https://3.111.63.208/wp-content/uploads/2022/09/image5-300x169.webp 300w, https://3.111.63.208/wp-content/uploads/2022/09/image5-768x432.webp 768w, https://3.111.63.208/wp-content/uploads/2022/09/image5.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Baeige:</strong></h3>



<p>Baeige is a self-taught artist from Vancouver whose work reflects her appreciation for dreamlike state architecture and landscapes. She shares artwork inspired by her personal emotions. Her more recent piece, Ocean Growth, which sold for $28,000, was created on the day she decided to quit her conventional job to dedicate herself to fulfilling her dreams in multimedia art.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="819" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/61968711579e421e17caebc4_thisispaper-digital-art-baeige-05-819x1024.jpg" alt="Baeige Art" class="wp-image-1113" srcset="https://3.111.63.208/wp-content/uploads/2022/09/61968711579e421e17caebc4_thisispaper-digital-art-baeige-05-819x1024.jpg 819w, https://3.111.63.208/wp-content/uploads/2022/09/61968711579e421e17caebc4_thisispaper-digital-art-baeige-05-240x300.jpg 240w, https://3.111.63.208/wp-content/uploads/2022/09/61968711579e421e17caebc4_thisispaper-digital-art-baeige-05-768x960.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/61968711579e421e17caebc4_thisispaper-digital-art-baeige-05.jpg 1080w" sizes="(max-width: 819px) 100vw, 819px" /></figure>



<h3><strong>Smeccea:</strong></h3>



<p>Smecchea is a Canadian motion designer whose work examines abstract ideas, spirituality, and personal discovery. She has made a name for herself on TikTok. She streams her art and game-creating processes on the platform and offers technical tips to other animators.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="600" height="753" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/STILL_LIFE_-_Shams_Mc_zqf6hb.jpg" alt="" class="wp-image-1114" srcset="https://3.111.63.208/wp-content/uploads/2022/09/STILL_LIFE_-_Shams_Mc_zqf6hb.jpg 600w, https://3.111.63.208/wp-content/uploads/2022/09/STILL_LIFE_-_Shams_Mc_zqf6hb-239x300.jpg 239w" sizes="(max-width: 600px) 100vw, 600px" /></figure>



<h2><strong>Conclusion</strong>&nbsp;</h2>



<p>As NFTs took center stage in 2021, artists around the world began to experiment with cryptocurrency for the first time after discovering that they could leverage the technology to build out their careers. Often touted as a tool for the democratization of both art and finance, NFTs have already empowered thousands of artists working in digital art, music, and other creative disciplines.&nbsp;</p>



<p>While the NFT community still has some way to go to achieve gender parity, many notable women artists have emerged amid the boom, in many cases making use of the technology to uplift themselves and the women around them.</p>


Top 10 Female NFT artists

NFT Affiliate Program: What are they?


<p>Have you ever longed to play for money instead of just for enjoyment? You&#8217;ll find all you need in this post!</p>



<p>In 2023 (Android), a slew of NFT mobile games will generate giant in-game coins and sell them to other gamers. These games cover a wide range of categories, from tactics to speed to board games, so you&#8217;ll explore something to enjoy no matter what your preferences are.</p>



<h2><strong>Can I play NFT games on mobile?</strong></h2>



<p>In the earlier years, we have seen multiple NFT games that can be played both on mobile and desktop. The worldwide NFT craze and the prevalence of mobile gaming have spawned a wholly new gaming style that has grown extremely popular among players. People are widely using their mobile to play NFT games and earn huge profits from them and as an <a href="https://upyo.com/en/post/how-to-invest-in-nft">NFT investment</a>.</p>



<h2><strong>Top 10 NFT Games Android</strong></h2>



<h3><strong>Axie Infinity:</strong></h3>



<p>This NFT game is one of the most popular reasons for the growing popularity of NFTs. This play-to-earn game is an NFT game designed based on Pokémon mythology and created on the Ethereum blockchain. Millions of attractive fantasy creatures known as Axies are available for gamers to acquire, nurture, combat, and sell as digital pets.</p>



<p>Its main principle is &#8220;play to earn,&#8221; in which players are rewarded for their time and work. These benefits are provided in an SLP (Smooth Love Potion) token format, which you can collect via gameplay.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="800" height="450" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/axie-infinity-review.jpg" alt="crypto mobile games" class="wp-image-1043" srcset="https://3.111.63.208/wp-content/uploads/2022/09/axie-infinity-review.jpg 800w, https://3.111.63.208/wp-content/uploads/2022/09/axie-infinity-review-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/axie-infinity-review-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>



<p>Axie Infinity is among the most well-designed crypto ideas. Everything is deeply researched and implemented, from the customer experience to tokenomics. It has become the most valuable NFT series, with a market worth of $42 million in June 2021 and predicted orders of more than $1 billion for the year. </p>



<p>It runs on several operating systems, comprising Windows, Android, Mac OS X, and iOS. Their objective is to build a virtual economy wherein you can become the owner and operate enterprises and secure, trade, and spend funds without the need to go to the bank.</p>



<h3><strong>Farmers World:</strong></h3>



<p>Farmers World is a fitting title for a game where you can earn money by playing. To build and reap farms, gamers need a wide range of devices, supplies, and properties. The play-to-earn game, which is built on the WAX blockchain, has expanded rapidly in recent months. Farmers World requires the ownership of a certain NFT. In addition, players can earn incentives by fighting other farmers while waiting for their harvest to mature.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="564" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/metadata-1024x564.jpg" alt="crypto games android" class="wp-image-1044" srcset="https://3.111.63.208/wp-content/uploads/2022/09/metadata-1024x564.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/metadata-300x165.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/metadata-768x423.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/metadata.jpg 1080w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>God Unchained:</strong></h3>



<p>Gods Unchained is basically a trading card game wherein gamers continue in epic duels utilizing their fantasy cards. The game focuses on competitive matches, which means players must outperform their rivals by methodically constructing a deck that can fight a variety of techniques.&nbsp;</p>



<p>Gods Unchained seems to have more than 450K verified current members and has made over $10 million in revenue.</p>



<p>This play-to-earn game is backed by some famous names such as APEX Capital, Coinbase, Continue Capital, and Naspers.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="577" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/wide-hi-res-god-1024x577.jpg" alt="mobile nft games" class="wp-image-1045" srcset="https://3.111.63.208/wp-content/uploads/2022/09/wide-hi-res-god-1024x577.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/wide-hi-res-god-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/wide-hi-res-god-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/wide-hi-res-god-1536x865.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/09/wide-hi-res-god.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Silks:</strong></h3>



<p>Silks is a modern NFT sport that combines its metaverse with thoroughbred horse racing in the real world. Each participant in Silks can buy a racehorse, a virtual replica of a real-life horse. It possesses the same characteristics, such as expertise, racing ability, etc. You earn $STT, the in-game coin if your digital horse&#8217;s double wins the match in the actual world.</p>



<p>The $STT can then be used to increase your possibility of success even more. Horses, farmland, and barns are part of the Silks&#8217; in-game business. These resources can be split into parts, enabling collective ownership of precious commodities such as top-performing horses.</p>



<p> You may also breed your animals to create new collectible horse NFTs to compete or trade. Moreover, Silks also allows in-game betting, akin to conventional horse betting.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="975" height="571" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Picture159.png" alt="crypto games ios" class="wp-image-1046" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Picture159.png 975w, https://3.111.63.208/wp-content/uploads/2022/09/Picture159-300x176.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Picture159-768x450.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>Silks also pay players for completing deals in the game. Simply staking your chariot to a ranch will earn you verifying perks.</p>



<p>Silks intend to release its first harvest of virtual horses in 2022, following the foals&#8217; footsteps that took birth in 2021. Although about 20,000 thoroughbred horses take birth in the United States every year, these collectible horses will be scarce. Silks will continue to mint horses in the coming to symbolize the yearly crop of new foals.</p>



<h3><strong>The Sandbox:</strong></h3>



<p>The Sandbox is a blockchain-based metaverse sport akin to Roblox or Minecraft. You&#8217;ll find all sorts of sports in The Sandbox, all produced by independent developers. You can either stay in your current game or wander around the metaverse trying out other ones.</p>



<p>The Sandbox is distinctive because it allows you to create your custom games. You own something you make in this sport, unlike any other game in NFT. That indicates you can design your own NFTs or indeed trade your games for $SAND, the play-to-earn in-game token.</p>



<p>The Sandbox, however, features an extensive in-game platform wherein you can invest your $SAND tokens. The marketplace provides collectible NFTs and additional opportunities to design your customized plot in this game metaverse.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/the-sandbox-nft-game-1024x576.png" alt="nft mobile game" class="wp-image-1047" srcset="https://3.111.63.208/wp-content/uploads/2022/09/the-sandbox-nft-game-1024x576.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/the-sandbox-nft-game-300x169.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/the-sandbox-nft-game-768x432.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/the-sandbox-nft-game-1536x864.png 1536w, https://3.111.63.208/wp-content/uploads/2022/09/the-sandbox-nft-game.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Forest Knight:</strong></h3>



<p>Forest Knight is a turn-based strategy game with a full-fledged in-game-based economy on token norms. The game features a large area with a variety of places, creatures, and entertaining stuff to discover. Your objective is to progress through the stages, crash ministers, and gain as much experience as possible.</p>



<p>You&#8217;ll be able to take participation in PvPs with actual members after you complete the sixth level. As an incentive for completing each assignment, you will receive NFT and helpful things. The game has more than 100 objects, and many more are designed to be launched in the coming days. You also get an opportunity to assemble a team of knights with various powers and battling styles.</p>



<p>You&#8217;ll also have the opportunity to develop your town and manage its economy. You must ensure that your people have enough food, gear, and other necessities. Besides, you&#8217;ll require sufficient armor and weaponry to defend your town from beasts and demons, so stock up.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="728" height="455" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/art-artwork-fantasy-forest-wallpaper-preview.jpg" alt="play to earn mobile games" class="wp-image-1048" srcset="https://3.111.63.208/wp-content/uploads/2022/09/art-artwork-fantasy-forest-wallpaper-preview.jpg 728w, https://3.111.63.208/wp-content/uploads/2022/09/art-artwork-fantasy-forest-wallpaper-preview-300x188.jpg 300w" sizes="(max-width: 728px) 100vw, 728px" /></figure>



<h3><strong>Crypto Kitties:</strong></h3>



<p>The first sport created on the Ethereum blockchain was CryptoKitties. People purchase, sell, and mate cats to generate attractive traits that are genuinely ERC-721 tokens that are inseparable and distinct. CryptoKitties can be traded on major NFT exchanges like UPYO. The game was designed on Ethereum and released in November 2017 by Dapper Labs.</p>



<p>Gathering and nurturing virtual cats is a fascinating pastime, trust it or not. The popularity of the game, for instance, generated traffic and made the news on the Ethereum blockchain in 2017. This game can be obtained by purchasing one on the market or mating two Kitties combined. Breeding lets people get access to uncommon abilities.</p>



<p>You can indeed reap the rewards by amassing a cat collection. After you&#8217;ve accumulated a collection, you can transport your kitties to KittyVerse to compete in petty arguments. You can also connect with other gamers to solve riddles.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/cat-town-1024x576.jpg" alt="crypto game ios" class="wp-image-1049" srcset="https://3.111.63.208/wp-content/uploads/2022/09/cat-town-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/cat-town-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/cat-town-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/cat-town-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/09/cat-town.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Coin Hunt World:</strong></h3>



<p>Are you willing to put your cash and effort into the best NFT Android games? Why don&#8217;t you try Coin Hunt? The game invites you to mark your presence on a quest to create your empires and defend them.</p>



<p>Furthermore, the sport has visual effects waiting for you. The game has just the right fun for those who want more virtual NFT objects and resources. Also, who can avoid the game&#8217;s monarchy and imperial vibes and the customized themes?</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="574" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/Coin-Hunt-World-1024x574.png" alt="nft games for android" class="wp-image-1050" srcset="https://3.111.63.208/wp-content/uploads/2022/09/Coin-Hunt-World-1024x574.png 1024w, https://3.111.63.208/wp-content/uploads/2022/09/Coin-Hunt-World-300x168.png 300w, https://3.111.63.208/wp-content/uploads/2022/09/Coin-Hunt-World-768x431.png 768w, https://3.111.63.208/wp-content/uploads/2022/09/Coin-Hunt-World.png 1125w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Skyweaver:</strong></h3>



<p>Skyweaver is a card game wherein you fight against other players. If you love playing card games, you will enjoy this one. The game features vibrant and beautiful visuals and a large selection of decks to choose from. You can use the strengths and shortcomings of each card in combat. Every victory earns you incentive tokens, which you may sell and barter for more strong cards, precisely like real life.</p>



<p>The fundamentals are relatively simple to understand, despite the fact that the game procedure depends entirely on your strategy and includes some challenging combos. The beginner&#8217;s booklet can answer all your problems related to the game. Once you&#8217;ve started playing the game, you&#8217;ll be able to construct your decks and create devastating combos strategically.</p>



<p>All the cards are now stored on the blockchain, and only you have rights to them. The game offers more than 500 cards to acquire and sell for the time being. Because the cards do not have a rarity tier, the chances of getting a certain one are still the same. There are a few additional enhancements available and goods with varying rarities that determine their cost.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="437" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/newhome-1024x437.jpg" alt="nft game for android" class="wp-image-1051" srcset="https://3.111.63.208/wp-content/uploads/2022/09/newhome-1024x437.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/newhome-300x128.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/newhome-768x328.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/09/newhome-1536x656.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/09/newhome-2048x875.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>War of Crypta:</strong></h3>



<p>It&#8217;s a PvP fantasy game where you fight for prizes with some other players. Because the game relies on NFT technology, all in-game characters can be traded. As per the game&#8217;s anons, you begin with the warrior&#8217;s basic form and work your way up through all the levels to create his abilities. The more contests you enter, the quicker your warrior&#8217;s experience will increase.</p>



<p>For each combat, you get to choose four superheroes. As a result, you must understand that each warrior has a unique set of qualities that must be evaluated. On the other hand, the warriors are all legendary dragons and creatures of some sort. You begin with a baby species and raise it to become a gorgeous monster.</p>



<p>There are several species to select from, and more are on the way. In addition, your superheroes can discover different tricks and techniques &#8211; there are already over 200 to choose from. You can also exchange your superheroes for different ones. The game is updated regularly, so there are constantly new problems and competitions to participate in.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="536" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/War-of-Crypta-1024x536.jpeg" alt="android nft games" class="wp-image-1052" srcset="https://3.111.63.208/wp-content/uploads/2022/09/War-of-Crypta-1024x536.jpeg 1024w, https://3.111.63.208/wp-content/uploads/2022/09/War-of-Crypta-300x157.jpeg 300w, https://3.111.63.208/wp-content/uploads/2022/09/War-of-Crypta-768x402.jpeg 768w, https://3.111.63.208/wp-content/uploads/2022/09/War-of-Crypta.jpeg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>Final Words</strong></h2>



<p>Having everything on hand is usually advantageous and exciting. The thrill of generating income on the go while having fun with play-to-earn NFT android games is highly stunning and advantageous for gamers. As a result, now is the moment to begin profiting from such games by experiencing them and selling them in a different marketplace.</p>


10 Best NFT Mobile Games to Play on Android 


<p>Gifting an NFT is a fantastic idea, especially for crypto-savvy friends or family members. This can be a great present for their birthday, the holidays, or any other time of year. Continue reading to <a href="https://upyo.com/en/post/nft-for-dummies">learn more about NFTs</a> and how you can give one to someone else.</p>



<h2>Things to know before gifting NFT</h2>



<p>Before you buy NFTs as a gift, please remember that they aren&#8217;t for everyone. NFTs can depreciate in value. However, that is just one of the important factors that you must keep in mind. There are in fact other issues that one must consider before gifting NFTs.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Green_Gift_12_1627278316872-1024x576.jpg" alt="NFT Gifts" class="wp-image-981" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Green_Gift_12_1627278316872-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Green_Gift_12_1627278316872-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Green_Gift_12_1627278316872-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/Green_Gift_12_1627278316872-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/Green_Gift_12_1627278316872.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Transaction charges:</strong></h3>



<p>One must be aware of transaction and gas fees when gifting NFTs. Please note that most of the NFTs are minted on the Ethereum (ETH) blockchain network which incurs high gas fees. Although NFT experts opine that there are ways to reduce high gas fees, there might be other charges that interfere with overall transaction costs.</p>



<p>Apart from transaction charges, there are artist and platform fees to list NFTs which may range between 2% &#8211; 12%.</p>



<h3><strong>Copyrights and fraud:</strong></h3>



<p>NFT copyright laws must be considered before transferring NFT gifts. There are some copyright laws and license issues that the sender must be aware of. For instance, buying an NFT will not get you the copyrights of the same if it is not included in the smart contract. Furthermore, the original creator will always retain copyrights over their creation unless they exclusively transfer it over the sale.</p>



<p>In short, you must understand the copyright laws and be aware of the fraud committed by unscrupulous players to steer clear of problems in the future. Additionally, the buyer must research the NFT creator, the creation (art), and the <a href="https://upyo.com/en/nft">NFT platform</a> to ensure it is genuine.</p>



<h3><strong>Wallet requirements:</strong></h3>



<p>The one receiving the NFT gift must possess a wallet; thus the sender must consider wallet requirements before sending the non-fungible tokens. Moreover, having a wallet signifies that the sender is aware of NFT and its value, </p>



<p>In addition to wallet requirements, one must also understand the NFT platforms since some of them do not allow transferring NFTs to other sites. Also, possessing a wallet comes with age restrictions, so if you want to gift an NFT to someone under 18, it might not be possible.</p>



<h3><strong>Environmental issues:</strong></h3>



<p>Non-fungible tokens possibly come with a sizable carbon footprint. So, it is prudent to understand if the receiver of your gift is concerned about the environment and carbon footprint. However, you can also find a few NFTs that are eco-friendly. </p>



<p>Furthermore, there are platforms that have partnered with energy-efficient blockchain networks that minimize carbon footprint. Therefore, you can look for sustainable platforms that limit energy emissions and gift an NFT from that platform.&nbsp;</p>



<h3><strong>NFT varieties:</strong></h3>



<p>One essential factor to remember is that every NFT is unique and no two tokens are the same. You can find a wide range of tokens that are video clips, sports moments, digital art, memes, and metaverse lands. </p>



<p>Thus you must consider only those tokens that resonate with the receiver. For instance, there is no point in <a href="https://upyo.com/en/post/nft-music">gifting music NFT</a> to someone who doesn’t enjoy music. Personalization of NFT gifts is a fantastic possibility, to send an appropriate collectible that corresponds to the recipient&#8217;s favorite creator or pastime.</p>



<p>These are some of the essential factors that you must consider when sending NFT gifts.&nbsp;</p>



<h2>Can you gift an NFT for free?</h2>



<p>Yes, you can gift NFTs for free. However, you have to pay some NFT transaction charges. Every transaction on the blockchain incurs a certain amount of transaction charge and gifting an NFT is no exception. The transaction charge depends on the current gas price and demand on the blockchain.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="410" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/B325-1900-1024x410.jpg" alt="Gifting NFTs" class="wp-image-982" srcset="https://3.111.63.208/wp-content/uploads/2022/08/B325-1900-1024x410.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/B325-1900-300x120.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/B325-1900-768x307.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/B325-1900-1536x614.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/B325-1900.jpg 1900w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Furthermore, the transaction speed will also affect the charge &#8211; for instance, a slow transaction may be inexpensive. It may take up to 15 minutes for a slow transaction to complete whereas, a fast transaction may take just 5 minutes or lesser. Fast transactions are expensive but quickest and the sender must choose the speed and pay the gas fee.</p>



<h2>How to gift an NFT?</h2>



<p>Gifting NFTs is similar to giving cryptocurrency since both involve the use of blockchain technology. To gift NFT, you must first:</p>



<ul>
<li>Select an appropriate collectible</li>



<li>Have sufficient cryptocurrency to pay transaction fees</li>



<li>Recipient’s public wallet address</li>
</ul>



<h2><strong>The general steps to gifting an NFT are as follows:</strong></h2>



<h3><strong>Select an NFT to send:</strong></h3>



<p>If you have the NFT in your wallet, first choose the account that contains the NFT you would like to send. Simply select the desired NFT and click Send. However, if you are using an NFT platform, select the collectible you want to send and click on ‘Transfer.’</p>



<h3><strong>Get the recipient’s wallet address:</strong></h3>



<p>Obtain the correct recipient&#8217;s public wallet address and verify the information. Ensure the address is correct as sending the NFT to an incorrect or incompatible address may lead to the loss of NFT. </p>



<p>Begin by obtaining the recipient&#8217;s public wallet address and verifying the information. If an NFT is sent to an incorrect or incompatible address, it may be permanently lost. Wallet addresses are distributed in the form of a string of alphanumeric text or a QR code.</p>



<h3><strong>Pay transaction fees:</strong></h3>



<p>Once the recipient’s public wallet is confirmed and verified, you must pay the transaction charge. The transaction cost is not fixed and depends on factors such as the <a href="https://upyo.com/en/post/types-of-nfts">type of NFT</a> and the speed of the transaction.</p>



<p>Usually, you can choose either a slow transaction or a fast transaction. While the slow option is inexpensive, the fast option is expensive but quickest. Sometimes slower transactions may lead to failed transactions as well.</p>



<p>The transaction may not complete instantly depending on the transaction speed you select. A transfer can take several minutes to complete, so don&#8217;t be alarmed if you don&#8217;t receive a confirmation notification right away.</p>



<h3><strong>Send the gift and verify the receipt:</strong></h3>



<p>Double-check all the details and send the selected NFT. Doing so sends the transaction details to the blockchain&#8217;s network of computers for confirmation. After sending the gift, you can view and verify the NFT that was transferred through blockchain explorer such as Etherscan.io. </p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/0_QfAL-kYNaVQ-pYxY-1024x576.jpg" alt="Gift an NFT" class="wp-image-983" srcset="https://3.111.63.208/wp-content/uploads/2022/08/0_QfAL-kYNaVQ-pYxY-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/0_QfAL-kYNaVQ-pYxY-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/0_QfAL-kYNaVQ-pYxY-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/0_QfAL-kYNaVQ-pYxY.jpg 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>The quickest way to see your most recent transfer is to go to your wallet and select the Activity tab. You&#8217;ll find a rundown of your most recent activities here. Choose whatever transaction you want to verify and then click View on Etherscan. This will bring you to The Ethereum Blockchain Explorer, where you may examine all of your Transaction Details, including the current status of your transaction.</p>



<p>If you see a green Success for the status, it means the transaction was completed successfully. Furthermore, if you need to double-check any extra information about your transfer, like the timestamp, fees, recipient address, or value, Etherscan will simply give that information to you.</p>



<h2>Conclusion</h2>



<p>Overall, NFTs could be excellent holiday gifts that people will remember for years. Purchasing one as a present might be the beginning of your own journey into crypto treasures which might prove to be addictive!</p>


NFT gifts: How to gift NFTs

Metaverse


<p>Are you wondering how NFT real estate works? While art, music, games, and video clips are popular and sell like hotcakes, there&#8217;s confusion about NFT properties. The following article strives to offer you a thorough overview of the basics of NFTs in real estate.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/0x0-1024x576.jpg" alt="nft realestate" class="wp-image-959" srcset="https://3.111.63.208/wp-content/uploads/2022/08/0x0-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/0x0-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/0x0-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/0x0.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2>Can NFT be used for real estate?</h2>



<p>Yes, NFTs can definitely be used in the real estate sector. Blockchain technology has massive potential that can be harnessed for better asset management. Most experts feel that non-fungible tokens are vital tools to represent the ownership of physical assets on blockchain networks. Thus, NFTs can be an excellent tool for facilitating the selling and purchase of real estate properties.</p>



<h2>What is NFT in real estate?</h2>



<p>NFTs in real estate are digital tokens on the blockchain ledger representing the property/assets (both virtual and physical). Every piece of real estate in NFTs is associated with a unique number that is maintained on the blockchain. Each token can then be sold to transfer ownership of the digital asset while ensuring its uniqueness.&nbsp;</p>



<p>Usually, there are two kinds of tokenization that are involved: Entire asset (EA) and Partial ownership (FO).&nbsp;</p>



<ol>
<li>FO tokenization is a relatively simple process. It can be compared to a crowdfunding platform or other similar framework that allows investors to purchase shares. Depending on how the investment is organized, each fractional owner holds a number of tokens representing the enterprise&#8217;s shares. Moreover, it is already being applied in the real estate business in a few circumstances.</li>



<li>On the other hand, EA tokenization requires that the original property deed be converted into an NFT. Due to the regulatory climate around real estate investments, measures are being attempted to move the ball down the field. A new asset class must be formed for an EA token to exist for a real estate deed.</li>
</ol>



<p>FO tokenization is significantly simpler because firms that own real estate properties can easily be tokenized and distributed using NFT tokens, which are a sort of security similar to a stock share. NFT tokens, like stock shares, must be registered with the SEC.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="555" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/25nft-1-superJumbo-1024x555.jpg" alt="nft property" class="wp-image-960" srcset="https://3.111.63.208/wp-content/uploads/2022/08/25nft-1-superJumbo-1024x555.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/25nft-1-superJumbo-300x162.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/25nft-1-superJumbo-768x416.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/25nft-1-superJumbo-1536x832.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/25nft-1-superJumbo.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2>How to buy NFT real estate?</h2>



<p>To buy NFT real estate, you may follow the process given below. The process of purchasing NFT land is similar to buying any other NFT.</p>



<ol>
<li>The investor must first own cryptocurrencies such as BTC, ETH, etc., to make an investment in NFT real estate.</li>
</ol>



<p><strong>Note: </strong>One can use fiat currencies or other cryptocurrencies to make a purchase.</p>



<ol start="2">
<li>Choose an appropriate <a href="https://upyo.com/en/nft">NFT marketplace/platform</a> to buy NFT property.</li>



<li>Look for NFT land for sale and select the property that suits your preferences.</li>



<li>Once you&#8217;ve decided on the NFT of your choice, you can begin your purchase by placing a bid on the NFT. Or you can directly contact the sellers and ask for the price.</li>



<li>Complete the transaction and make your purchase&nbsp;</li>
</ol>



<p>Overall, the steps are nothing different from purchasing other NFTs like art, music, video clips, etc.&nbsp;</p>



<h2>Comparison between Physical Real Estate and NFT Real Estate</h2>



<p>Real-world real estate is simple to grasp because it is all around us daily. Most people participate without even realizing it. However, real estate in the metaverse is a little different.</p>



<p>There are numerous things about real estate in the metaverse that can be likened almost directly to real estate in the actual world, notably in traits like uniqueness and immobility and economic traits such as location and scarcity. But, as much as the metaverse is comparable to the real world, there are several differences.</p>



<p>Thus, it&#8217;s critical to keep the distinctions in mind when purchasing metaverse land or getting into a metaverse venture. From the goal and limits to the development cost, significant differences are listed below.</p>



<h3><strong>No central authority</strong></h3>



<p>Although an entry on the blockchain is created when you <a href="https://upyo.com/en/post/how-to-buy-nft">purchase an NFT</a>; no central governing body tracks the ownership. It is virtually anonymous to everyone except you. Your property ownership record is kept in a virtual wallet. </p>



<p>Since there is no single authority to retain a master list, a few people have made the fatal mistake of losing their wallet passwords and their NFT assets. However, in the case of real-world real estate, you can find a central authority governing almost all the phases of buying and selling properties.</p>



<h3><strong>Risk of closure</strong></h3>



<p>If a platform fails due to a lack of finance or interest, there is always the possibility that metaverse property will simply cease to exist. However, such a case is bleak in case of the real world since the laws and regulations cannot be undone just like that.</p>



<h3><strong>Limited data</strong></h3>



<p>Some parts of the world have real estate records that date back thousands of years. The metaverse, on the other hand, did not exist in any form until around 2003. More well-known platforms are even newer, with many appearing in the last five years or so. </p>



<p>So, that implies there isn&#8217;t a lot of data to model right now to assist estimate valuations or future potential, thus making everything highly speculative.</p>



<h3><strong>Structures can be streamlined</strong></h3>



<p>Since there is no fire code or risk to public health in the metaverse, event space and even businesses can be streamlined efficiently. Furthermore, we can curb the wastage of space by doing away with things like bathrooms, storage, or extra square footage for social distancing.</p>



<h3><strong>Not limited by geography</strong></h3>



<p>Because the metaverse exists in all places at once, vital events such as the virtual New Year&#8217;s Eve ball drop become instantly more accessible to anyone from anywhere on the earth. Along with making events more accessible, this might benefit regional firms by eliminating the need to invest in global infrastructure to broaden their reach.</p>



<h3><strong>Fewer construction costs</strong></h3>



<p>Constructing a new property in the metaverse may cost a fraction of real-world construction costs. This is because the cost mainly involves the design and does not include physical materials. The materials may be free (included in the platform&#8217;s collection), or they may be low-cost if they are purchased and imported from elsewhere.</p>



<p>Furthermore, the plot is cheaper than the real world as you wouldn&#8217;t have any infrastructure requirements such as a sewer or water lines.</p>



<h3><strong>Limited rules</strong></h3>



<p>There is no gravity in the metaverse, and there isn&#8217;t much in the way of planning and zoning, so the structures you build are only limited by your imagination and the size of your lot. There are now no taxes, which is also rather great.</p>



<h2>Future of Real Estate NFTs</h2>



<p>NFT real estate is versatile and offers new avenues for the purchase of real and virtual properties. Although the use of digital tokens to acquire real estate is still relatively new in the real estate market, it is a profitable venture. Using Non-Fungible real estate tokens, or NFTs, for purchasing and selling tangible real estate can be a gratifying business for investors.&nbsp;</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="801" height="534" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/real-estate-nft.png" alt="real estate nfts" class="wp-image-961" srcset="https://3.111.63.208/wp-content/uploads/2022/08/real-estate-nft.png 801w, https://3.111.63.208/wp-content/uploads/2022/08/real-estate-nft-300x200.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/real-estate-nft-768x512.png 768w" sizes="(max-width: 801px) 100vw, 801px" /></figure>



<p>While NFTs are relatively new, they have the potential to have a long-term impact on a piece of land&#8217;s purchasing power. Because digital real estate is available in an expansive digital environment with no defined regulatory restrictions, the potential of acquiring large properties using bitcoin is very much on the horizon.</p>



<p>Furthermore, the metaverse movement is paving the way for further prospects. It essentially assists architects and real estate developers in gaining real-time insight into people&#8217;s design choices.&nbsp;</p>



<p>Additionally, the architects may reproduce those representations in practical projects by studying what customers really want. Consider the metaverse to be a free-for-all for clients&#8217; ideas, which eventually influences the outcome of real-life properties.</p>



<p>A four-bedroom house in Tampa Bay, Florida, is the first to be sold as an NFT. The owner converted her home&#8217;s authenticity certification into an NFT after converting her ownership to a limited liability corporation (LLC). The NFT expedites the sale of the home by transferring the property title to the LLC and paying any overdue property taxes.</p>



<p>The individual who acquires the NFT permits the owner to claim ownership of the firm and, by implication, the property. While this is the first real estate transaction as an NFT, it will not be the last; with over $44 billion buying and selling NFTs in 2021, combining the real estate market with NFTs can minimize closing costs and speed deals.</p>



<h2>Conclusion</h2>



<p>Overall, the future of NFT real estate appears very bright, which is why more people are investing in it on a daily basis. While some are wary of these investments, others see them as a way to enhance economic productivity in the coming years.</p>


Real Estate NFT: How different it is from real-world


<p>The NFT realm, like the actual world, is plagued with scammers looking to play dirty for money and profit. What&#8217;s worse for victims is that blockchain technology keeps scammers anonymous, making it more challenging to catch them.&nbsp;</p>



<p>NFT frauds have become so prevalent that it costs the industry hundreds of millions of dollars each year. While there are different scams, this article discusses one particular type- rug pulls. Let&#8217;s find out what is an NFT rug pull and how to prevent them.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="1024" height="683" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Rugpull-1024x683-1.jpg" alt="rug pull nft" class="wp-image-872" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Rugpull-1024x683-1.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Rugpull-1024x683-1-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Rugpull-1024x683-1-768x512.jpg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>What is an NFT rug pull?</strong></h2>



<p>The term &#8220;rug pull&#8221; was first used in 2021 when a fraudster discovered the NFT files on the blockchain and converted the actual file to an image of a rug. In the crypto world, &#8220;rug pulls&#8221; are a type of fraud where NFT initiatives are created explicitly to con investors.&nbsp;</p>



<p>Like the Ponzi scheme, the NFT creators shut down the project once the NFTs are sold and run away with investors&#8217; funds. This deception can occur in three ways- creators selling all of their shares, simply removing the option to sell, and restricting liquidity.</p>



<p>In most instances, even if the founding team wants to execute a rug pull, they would still spend a lot of money to hype up the project because they know that their return on investment would be significantly higher. They generally pay influencers to talk about the initiative or hold giveaways and contests to generate buzz around their collection. Therefore, making it difficult for buyers to determine whether the <a href="https://upyo.com/en/post/nft-screenshot">NFT project is worthwhile or a scam</a>.</p>



<h2><strong>Are NFT rug pulls illegal?</strong></h2>



<p>In terms of legality, hard rug pulls are illegal. Hard rug pulls are when the project&#8217;s creator launches the project with the intention of misleading investors. The smart contract code is designed to steal investor funds in such scams. The code is prima facie evidence in such circumstances. Furthermore, fake collections used in rug pulls have no real direction or purpose.</p>



<p>In contrast, soft rug pulls are not illegal though they are unethical. The smart contracts of such scams differ from hard rug pulls in that the programming is not meant to mislead investors; however, it does not preclude investor theft or deception.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="980" height="613" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/nft-rug-pull.webp" alt="NFTs Rug Pull" class="wp-image-873" srcset="https://3.111.63.208/wp-content/uploads/2022/08/nft-rug-pull.webp 980w, https://3.111.63.208/wp-content/uploads/2022/08/nft-rug-pull-300x188.webp 300w, https://3.111.63.208/wp-content/uploads/2022/08/nft-rug-pull-768x480.webp 768w" sizes="(max-width: 980px) 100vw, 980px" /></figure>



<h2><strong>How do you tell if an NFT project is a rug pull?&nbsp;</strong></h2>



<p>Fake NFT collections usually have red flags, but not always. Being hyper-vigilant is the only way to detect NFT scams. Before <a href="https://upyo.com/en/post/how-to-invest-in-nft">investing in an NFT project</a>, you must be responsible and conduct thorough research. Participating in online NFT communities can help you check the integrity of new NFT releases from artists. This is especially vital if you are purchasing crypto assets from an unknown vendor. Collectors who are cautious only invest what they are willing to lose.&nbsp;</p>



<p>If the founding team of an NFT project is anonymous, this is grounds for serious concern. Moreover, if your research shows that the project&#8217;s activities like giveaways, website, and social media are suspicious, they may be attempting to make quick cash. You can reduce the likelihood of fraud by conducting a Google search and finding everything you can about the NFT project. A comprehensive investigation will reveal whether the creators are anonymous figures or verified artists using a pseudonym.</p>



<h2><strong>Famous NFT rug pull cases</strong></h2>



<p>Here is the list of the top NFT rug pulls to be recorded:</p>



<h3><strong>Frosties:</strong></h3>



<p>The creators of Frosties, a non-fungible token collection, vanished in a probable &#8220;rug pull&#8221; after purchasers invested $1.3 million in the digital collectible. According to news reports, on January 9, the mysterious developers vanished after all of their 8,888 tokens were sold less than an hour after the cartoon ice cream collection was released on <a href="https://opensea.io/" rel="nofollow">OpenSea</a>.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/frosties-rugpull-1024x538.jpg" alt="nft scams" class="wp-image-874" srcset="https://3.111.63.208/wp-content/uploads/2022/08/frosties-rugpull-1024x538.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/frosties-rugpull-300x158.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/frosties-rugpull-768x403.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/frosties-rugpull.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>According to their wallet, the creators earned $1.3 million in Ethereum. The tokens had a floor price of 0.04 ETH (about $135), and it had dropped to 0.002 ETH (about $7). The Frosties incident may be one of 2022&#8217;s first documented rug pulls.</p>



<h3><strong>Neitherconfirm:</strong></h3>



<p>On OpenSea, a crypto artist under the Twitter profile name &#8220;Neitherconfirm&#8221; published 26 NFTs on March 2021. Things quickly took a turn when the creator altered the digital images connected with each token, from computer-generated portraits to pictures of actual carpets. The art pieces, which initially depicted people and animal faces in a stained-glass style, are valueless.&nbsp;</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="1000" height="531" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/EwCsX2sXEAE7JkX.jpg" alt="scam nft" class="wp-image-875" srcset="https://3.111.63.208/wp-content/uploads/2022/08/EwCsX2sXEAE7JkX.jpg 1000w, https://3.111.63.208/wp-content/uploads/2022/08/EwCsX2sXEAE7JkX-300x159.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/EwCsX2sXEAE7JkX-768x408.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure>



<h3><strong>Iconics:</strong></h3>



<p>Iconics, an NFT project built on the Solana blockchain, was supposed to be 8,000 randomized 3D artworks. Out of these, 2000 pieces were sold in the pre-sale for 0.5 SOL apiece, which was approximately $140,000 at the time. Instead of the artwork promised, investors discovered a random collection of emojis in their wallets.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/VeeFriends-Iconics-NFT-1280x720-1-1024x576.png" alt="nft scammer" class="wp-image-876" srcset="https://3.111.63.208/wp-content/uploads/2022/08/VeeFriends-Iconics-NFT-1280x720-1-1024x576.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/VeeFriends-Iconics-NFT-1280x720-1-300x169.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/VeeFriends-Iconics-NFT-1280x720-1-768x432.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/VeeFriends-Iconics-NFT-1280x720-1.png 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>The mastermind behind this fraud is supposedly a 17-year-old artist who immediately deactivated the Iconics&#8217; Twitter account and blocked the Discord server&#8217;s chat feature once the NFTs were sold. Due to the anonymity of cryptocurrencies, it&#8217;s unlikely that the creator will be apprehended and held accountable for their rug pull.</p>



<h3><strong><strong>Big Daddy Ape Club:</strong></strong></h3>



<p>The Big Daddy Ape Club turned out to be a $1.3 million scam. The founders of this NFT collection made 9,136 SOL and then vanished, marking the biggest &#8220;rug pull&#8221; in <a href="https://messari.io/asset/solana/profile" rel="nofollow">Solana blockchain history</a>. This rug pull is one of the notable instances of fraud because the NFT project was verified by Civic, a decentralized identity verification company.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Big-Daddy-Ape-Club-1024x512.jpg" alt="crypto rug pull" class="wp-image-877" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Big-Daddy-Ape-Club-1024x512.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Big-Daddy-Ape-Club-300x150.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Big-Daddy-Ape-Club-768x384.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/Big-Daddy-Ape-Club.jpg 1400w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>The company revealed that it had &#8220;confirmed&#8221; the Big Daddy Ape Club NFTs through its &#8216;Verified by Civic Pass&#8217; program. However, on January 11, after 2,222 ape-themed NFTs had already been minted, the creators simply vanished. Following that, they disabled their Twitter, Discord, and the collection&#8217;s official website.</p>



<h3><strong>Evolved Apes:</strong></h3>



<p>Evolved Apes was supposed to be a 10,000-piece NFT project, similar to BAYC, that promised collectors access to a game in which the characters would battle each other for rewards. However, the developers abruptly vanished following the transaction and removed the project&#8217;s social media profiles.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="800" height="500" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Evil-Ape-NFT-Developersuddenly-disappeared-Website-1.jpg" alt="" class="wp-image-878" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Evil-Ape-NFT-Developersuddenly-disappeared-Website-1.jpg 800w, https://3.111.63.208/wp-content/uploads/2022/08/Evil-Ape-NFT-Developersuddenly-disappeared-Website-1-300x188.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Evil-Ape-NFT-Developersuddenly-disappeared-Website-1-768x480.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>



<p>The unknown developer, known simply as &#8216;Evil Ape,&#8217; took off with almost $2.7 million, including funds assigned to project-related expenses such as game development and marketing. It was eventually discovered that the competition winners had not received their NFT prizes, nor had the artist been paid. On secondary markets, the values of these NFTs have plummeted far below their minting price, and trade activity has largely ceased.</p>



<h2><strong>How to prevent rug pull NFT?</strong></h2>



<p>Cyber vigilance is the only way to prevent online scams, including NFT-related fraud. Here are a few precautions you can take to prevent rug pull:</p>



<h3><strong>Consider engagement rather than follower count:</strong></h3>



<p>Usually, people fall into the trap of being dazzled by an NFT project&#8217;s follower count. Discord and Twitter are the first social media channels that NFT investors look at because they are popular for NFT ventures. However, some NFT makers buy fake followers to make their projects appear authentic, increase demand, and attract innocent investors. That&#8217;s why you mustn&#8217;t judge the credibility of an NFT project only on the number of followers. Rather you should examine the project&#8217;s engagement across all its channels.</p>



<h3><strong>Check the legitimacy of the artist/development team:</strong></h3>



<p>As mentioned previously, you should always research the founding team of an NFT collection before you invest in them. Realistically, a big NFT project has more than one creator. Because publishing a collection of high-quality NFTs requires more than one person&#8217;s hard work and technical expertise. So, if a single creator is launching a big project, it&#8217;s possible that they would abandon the project midway.</p>



<p>Another crucial thing you should do is to look at the social media accounts of the NFT development team. You find them on LinkedIn, Twitter, and other social media accounts if they&#8217;re genuine. If you feel there is something dubious about their social presence, they are most likely fake accounts meant to mislead collectors.</p>



<h3><strong>Review the project roadmap:</strong></h3>



<p>A genuine NFT project is always created with a roadmap in mind. If a small team of developers promises to create hundreds of in-game characters or distinctive illustration-based NFTs in a short period of time, they are most probably trying to scam you. So, before bidding on an NFT collection, make sure their project&#8217;s road map appears practical.</p>



<h3><strong>Pay attention to small details:</strong></h3>



<p>Paying attention to little things can sometimes help you avoid an NFT scam. When investigating an NFT project, look for the following details:</p>



<ol>
<li>Is the announced minted amount consistent with the minted amount on the website?&nbsp;</li>



<li>Is the token numbering consecutive or random?&nbsp;</li>



<li>Does the collection have locked or unlocked liquidity? Fake developers usually prevent collectors from selling the token.</li>



<li>Is the website well-designed? Is it well-planned?&nbsp;</li>



<li>Is the dev team anonymous or using a pseudonym?</li>
</ol>



<h2><strong>Conclusion</strong></h2>



<p>Unfortunately, crypto rug pulls are common in the NFT space. Most new NFT projects turn out to be fake, as morally bankrupt scammers are always hunting for their next prey. As an ordinary person, you cannot always determine whether a project is likely to result in a rug pull. However, the general rule is to look at a project&#8217;s viability rather than get swayed by the social media frenzy. Moreover, nothing can compensate for thorough research when considering an NFT investment.</p>


NFT Rug Pulls – How To Avoid Them?

NFT Music Guide: Reformulate The Future Of the Music Industry


<p>Is there any sports fan who wouldn&#8217;t want to purchase a priceless sporting event? Well, <a href="https://upyo.com/en/nft/category/sports">purchasing sports NFT</a> has become more accessible and more popular NFT, all thanks to digitalization and blockchain technology.&nbsp;</p>



<p>You can easily buy your favorite sports moment and other collectibles with Non-fungible tokens (NFTs) and secure them on the blockchain. Moreover, the introduction of sports NFTs into the world of NFT is expanding the world of non-fungible tokens and sports to a great extent.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b-1024x576.jpg" alt="nft sports guide" class="wp-image-858" srcset="https://3.111.63.208/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/210401-nba-sports-cards-jm-0942-90fb1b.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Today, numerous projects transform sporting events, players, and other elements into digital assets that consumers can purchase. It is an excellent way for players, supporters, and clubs to connect and earn extra money.</p>



<h2><strong>Your Guide To Understand Everything about Sports NFT</strong></h2>



<p>To begin, Sports NFT is a unique and non-transferable record entity stored on a digital ledger (blockchain). Usually, NFTs can be linked to digital files such as photos, audio, video clips, text, memes, etc.,&nbsp;and other <a href="https://upyo.com/en/post/types-of-nfts">NFT types</a>.</p>



<p>Likewise, the significant NFT opportunities in the sports universe currently revolve around &#8211;&nbsp;</p>



<ul>
<li>NFT sports cards (trading cards)</li>



<li>NFT sports collectibles&nbsp;</li>



<li>Artwork of players</li>



<li>Avatars</li>



<li>3D art</li>



<li>Video clips, and&nbsp;</li>



<li>Event ticketing.&nbsp;</li>
</ul>



<p>Apart from these, you can also find sports memorabilia such as awards, trophies, certificates, players&#8217; autographs, jerseys, and collector cards. However, with more time and evolution, the NFT sports economy will see more integration in the future.</p>



<p>Today, NFTs allow fans to purchase the best sports collectibles directly from content owners, eliminating the middleman and revenue leakage. On the other end of the scope, IP owners can earn lifelong royalties instantly from fans by <a href="https://upyo.com/en/post/how-to-sell-nft">trading or selling NFTs</a> on a secondary market.</p>



<p>Sports-related NFTs were sold in the billions of dollars in 2021 alone. In fact, consulting firm <a href="https://www.mckinsey.com/" rel="nofollow">McKinsey</a> reported that weekly sports NF sales reached a staggering $138 million in one golden week.</p>



<p>Furthermore, according to Deloitte Global, NFTs for sports media will produce more than US$2 billion in transactions in 2022, which is rough twice as much as in 2021. By the end of 2022, 4-5 million sports fans worldwide are expected to have purchased or received an NFT sports collectible.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/lebron-nft-1024x538.jpg" alt="nft top shot" class="wp-image-859" srcset="https://3.111.63.208/wp-content/uploads/2022/08/lebron-nft-1024x538.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/lebron-nft-300x158.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/lebron-nft-768x403.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/lebron-nft.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>How Sports Get Involved With NFTs?</strong></h2>



<p>Since the past year, the NFT sector has grown significantly, and the industry&#8217;s expansion has been attributed to the widespread use of NFTs. Additionally, celebrity marketing has given a significant boost on a global scale.</p>



<p>Sports NFTs are the latest use cases for utility NFTs in the tech and sports industries. These NFTs give sports fans fresh ways to get involved with and support their preferred players and teams.&nbsp;</p>



<p>For instance, imagine a traditional football or basketball player trading cards in digital form for an easier way to comprehend sports NFTs.</p>



<p>In addition to the innovation in the sports arena, the technological advancement in blockchain has a significant role in combining NFTs and sports.&nbsp;</p>



<p>Through blockchain technology, physical cards are transformed into NFTs that sports fans can collect, including memorabilia, gifs, video highlights, and game badges. They can also be traded on sports NFT marketplaces.</p>



<p>One best example of NFT-sports integration is NBA NFT, a popular NFT sports marketplace that helps sell collectible NFTs with epic NBA moments.</p>



<p>Many such examples are going to be discussed in the next section.</p>



<h2><strong>NFT Sports Collectibles Examples&nbsp;</strong></h2>



<p>Sports NFTs give ardent followers new ways to interact with and support their favorite athletes. There are useful applications for sports NFTs as NFTs advance, and these are all poised to revolutionize the sector in fascinating ways. Here are some examples of best sports NFT.</p>



<ul>
<li>NFT sports card and games&nbsp;</li>
</ul>



<ul>
<li>NFT videos of best moments&nbsp;</li>
</ul>



<ul>
<li>NFT photos and other files&nbsp;</li>
</ul>



<ul>
<li>NFT sports memorabilia&nbsp;</li>
</ul>



<ul>
<li>Online events&nbsp;</li>
</ul>



<ul>
<li>NFT sports charity&nbsp;</li>
</ul>



<p>Apart from these, other examples of sports NFT include avatars, emojis, digital photography, drawings, pictures, animations, and stickers. Furthermore, one can also own quotes, social media messages (announced by athletes), passes, tickets, etc.,</p>



<p>You can also combine various things in NFT. It could be a collectible card, an athlete&#8217;s autograph, a selfie, memorabilia, a virtual meeting, a date, etc.</p>



<p>The possibilities for using NFT in the world of sports are endless because players, teams, leagues, and fans continuously develop new NFT concepts.&nbsp;</p>



<h2>How do NFTs add Value To Sports Field?</h2>



<p>NFTs allow sports organizations and athletes to build enduring bonds with their supporters and fans. They are transforming the idea of sports memorabilia and other sports items by enabling fans to own their favorite player&#8217;s cards and even game videos.&nbsp;</p>



<p>Furthermore, NFTs also change the way sports organizations communicate with their fans. Teams can now increase fan engagement by giving unique benefits to their members.&nbsp;</p>



<p>Here are two popular ways in which NFTs benefit the sports industry:</p>



<h3><strong>A new stream of income</strong></h3>



<p>Traditionally, the direct or primary sources of revenue for a sports business have been ticket sales, sponsorships, and media rights. However, this can be transformed with the help of NFT.</p>



<p>It is possible to bring an additional revenue stream to sports teams with NFTs. Moreover, even amid the pandemic, sports teams can make use of NFTs to tokenize game tickets, plan holder-only events in the metaverse, or stream live games to token holders.</p>



<h3><strong>Personal branding</strong></h3>



<p>Individual athletes can launch their own NFT collections to involve their fan base. This creates an excellent bond between the player and their devoted fans, similar to trading cards. </p>



<p>Additionally, athletes can also safeguard their IP rights by issuing NFTs. As NFT creators, they are also entitled to royalties from the NFT sales.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/1920x1080-YT-V1-1024x576.jpg" alt="sports nft meaning" class="wp-image-860" srcset="https://3.111.63.208/wp-content/uploads/2022/08/1920x1080-YT-V1-1024x576.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/1920x1080-YT-V1-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/1920x1080-YT-V1-768x432.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/1920x1080-YT-V1-1536x864.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/1920x1080-YT-V1.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>Clubs That Are Joining The NFT Space&nbsp; &nbsp; &nbsp; </strong>&nbsp;&nbsp;&nbsp;</h2>



<p>Here are some famous NFT football clubs that are joining <a href="https://upyo.com/en/post/nfts-and-metaverse">NFT and metaverse industries</a>.&nbsp;</p>



<ul>
<li>FC Barcelona</li>
</ul>



<ul>
<li>LFC Heroes Club Liverpool</li>
</ul>



<ul>
<li>Paris Saint Germain (PSG)</li>
</ul>



<ul>
<li>Manchester City FC</li>
</ul>



<ul>
<li>Juventus club</li>
</ul>



<ul>
<li>Birmingham FC</li>
</ul>



<ul>
<li>Crystal Palace FC</li>
</ul>



<h2><strong>How Will NFTs Change The Sports Field?</strong></h2>



<p>There are several ways in which NFTs demonstrate a transformative approach to the sports industry which are as follows:</p>



<h3><strong>Fan tokens and participation</strong></h3>



<p>The NFT sports industry have a fascinating use case in the form of fan tokens, which provide special access to sports fans. By owning the fan tokens, people can influence certain decisions undertaken by sports teams, promotional activities, and VIP rewards. Also, unlike NFTs, fan tokens are exchangeable and tradeable. </p>



<h3><strong>Launching digital platforms</strong></h3>



<p>The innovative NFTs are also being driven by athletes to serve as their media platforms. The small and large player unions have helped monetize the stars outside their teams. Additionally, a number of marketing initiatives have banded together to work with unions that represent athletes connected to various games.</p>



<h3><strong>Memorabilia</strong></h3>



<p>Collectibles have significant value due to their own history. Since NFTs offers excellent transparency, they make ownership easy to verify. </p>



<h3><strong>Moments by NBA Top Shot</strong></h3>



<p>A &#8220;Moment,&#8221; marketed through the <a rel="nofollow" href="https://nbatopshot.com/search">NBA Top Shot platform</a>, is a noteworthy illustration of a digital collectible. Moments include a video clip of a game/sport, such as a shot, dunk, steal, or block, and key player statistics stored in a proprietary file format. </p>



<p>The moments can be bought directly in &#8220;packs&#8221; and then sold or traded individually like regular basketball or baseball cards. Also, you can store these moments in digital wallets.</p>



<h3><strong>Combining tangible items and digital tokens</strong></h3>



<p>Tangible items such as sports sneakers are being driven by NFTs in a big way. For instance, major sneaker manufacturers, including Nike, have patented a process known as Cryptokicks that uses NFT to confirm the products&#8217; authenticity. </p>



<p>Customers who purchase a pair of Cryptokicks receive a digital token that guarantees the authenticity of the shoes as they are transferred from one buyer to another.</p>



<h3><strong>Connecting computer games with NFT</strong></h3>



<p>A connection between video games and NFTs offers intriguing potential. Players assume the role of managers in football games like Sorare and buy and sell footballers in exchange for their virtual goods. </p>



<p>The partnerships between different clubs and the platforms, which enable the sale of those teams&#8217; players in the game, are also strengthened by NFTs.</p>



<h2><strong>Conclusion</strong></h2>



<p>Currently, NFT applications are expanding in the sports industry, and this trend is expected to continue. The digital assets allow organizations to interact with their fans and also open up fresh revenue streams.&nbsp;</p>



<p>Even though sports fans still enjoy unique badges to own, trade, and wear, NFT sports use cases today go far beyond digital collectibles.</p>


Sports NFT: A Beginner’s Guide To Enter the NFT Space


<p>Have you ever wondered what is the need to buy an NFT when you can just screenshot them? Since the rise of NFTs in the crypto world, this has been a burning question. Thus to assuage your curiosity, we have covered some essential facts about screenshotting NFTs in this article.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-5-1024x538.png" alt="nft screenshot" class="wp-image-792" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-5-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-5-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-5-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-5.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>Screenshot: Can you screenshot an NFT?</strong></h2>



<p>Yes, you can definitely screenshot an NFT if you would like to. However, taking a screenshot is not equivalent to owning the NFT. This is similar to clicking a picture of your favorite art/painting but not holding it. In other words, having a screenshot doesn&#8217;t make one the rightful owner of the NFT.</p>



<p>However, you can take a screenshot if you admire the collectible but cannot afford it. Moreover, you can keep it as a reference for future purchases too. Please remember that it is not illegal to screenshot unless you try to pass them as the original. Thus, if your intention is not bad, go ahead and take a screenshot.</p>



<h2><strong>What happens if you screenshot an NFT?</strong></h2>



<p>Firstly, a screenshot of NFT does not provide any value or monetary gains. Thus, if you happen to screenshot an NFT, you can admire the NFT and use it as a reference at most. Most people are in awe of NFT due to its profits and exponential growth in recent times.&nbsp;<a href="https://upyo.com/en/post/nft-for-dummies" data-type="URL" data-id="https://upyo.com/en/post/nft-for-dummies">Your beginner guide to NFTs</a> </p>



<p>However, they lack clarity on what an NFT includes and how the trading occurs in the marketplace. Additionally, most amateurs feel that having a screenshot will suffice the need for owning an NFT. Moreover, such screenshots are displayed as profile pictures on various social media platforms.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-4-1024x538.png" alt="screenshot nft" class="wp-image-793" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-4-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-4-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-4-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-4.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>While this may help one possess a look-alike of the original NFTs, the screenshots will never replace the original NFT, nor can they have any value in the NFT marketplace. Remember that the users can track every NFT on the blockchain to determine their ownership.&nbsp; <a href="https://upyo.com/en/post/how-nfts-create-value">Know how NFTs Create Value</a>.</p>



<p>Thus, if any buyer wants to purchase an NFT on the marketplace, they can determine whether they are getting absolute ownership or paying for a screenshot.&nbsp;</p>



<h2><strong>Is it illegal to screenshot an NFT?</strong></h2>



<p>No, it is not really illegal to have a screenshot of an NFT. However, if the screenshot owner tries to impersonate the original NFT, it is considered unlawful and attracts consequences for the law. As long as the copyright laws or intellectual property rights are not infringed, you can keep a screenshot of your favorite art/character.</p>



<p>As a word of caution, it is good to inform the NFT owner and be aware of copyright laws before taking the screenshot. This will help avoid any unforeseeable consequences and helps save your precious time.</p>



<h2><strong>Why can&#8217;t you screenshot an NFT and sell it?</strong></h2>



<p>Non-fungible tokens are basically stored on the blockchain, and anyone buying them gets the rights to own and display them online (as a profile picture, etc.). Furthermore, they get other rights specified in the smart contract.</p>



<p>All the transactions are done online using transparent blockchain technology. Thus, anyone wanting to purchase an NFT can verify its authenticity and credentials online. Copyright and intellectual property laws safeguard the NFT from being stolen or duplicated.&nbsp;</p>



<p>Although screenshotting NFTs is not an offense, they cannot be traded as original to other buyers. Doing so will attract penalties and punishment as it is akin to breaking numerous laws that protect NFT.&nbsp;</p>



<p>To conclude, you can screenshot an NFT to remember how it looks, find it again, or save it for inspiration. All these practices are perfectly legal.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-6-1024x538.png" alt="NFTs Screenshots" class="wp-image-794" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-6-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-6-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-6-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-6.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>However, you cannot screenshot an NFT and sell it due to the underlying copyright and license laws. This is equal to discrediting the original creator. It simply means passing someone&#8217;s work as your own, <a href="https://www.nytimes.com/2022/06/06/technology/nft-opensea-theft-fraud.html" rel="nofollow">nothing but a fraud</a>.</p>



<p>Thus, it is strongly suggested that one must not sell screenshotted NFTs as it tampers with the copyrights of the original creator, who may sue you.&nbsp;</p>



<h3><strong>Conclusion</strong></h3>



<p>To conclude, no law can stop anyone from having a screenshot of an NFT. However, one cannot sell them. Although NFTs are still in the evolution stage, there are laws that protect these crypto-assets from being infringed.</p>


Why Must You Not Screenshot an NFT and Sell it?


<p>Your NFT pricing model can make or break your NFT collection. If you price your crypto assets too low, you stand to lose out on a fortune. On the other hand, pricing them too high, and your project may not get off the ground. Setting a price for your NFT is a subtle art of balance. You have to keep your goals, target audience, and audience expectations in mind when creating and pricing your NFTs.&nbsp;</p>



<p>There are no set rules for NFT pricing because it&#8217;s truly an individual choice. However, considering market conditions, comparative examples, and personal objectives can help find an optimal pricing strategy for your NFT collection.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-1-1024x538.png" alt="how to price nft" class="wp-image-784" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-1-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-1-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-1-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-1.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2><strong>Things to consider while pricing the NFT</strong></h2>



<p>Before making any final decisions about your NFT pricing approach, make sure you&#8217;ve done your homework on what your direct competitors did and how they performed in different market environments. Below are the factors that would ultimately determine the price of your NFT project:</p>



<h3><strong>Rarity</strong></h3>



<p>The first factor to consider when determining a price for your NFT is its scarcity. Rare NFT artworks typically sell quickly and are comprehensively more expensive. No matter which marketplace you check, you will find all types and forms of NFTs. Most NFT makers simply follow trends, while others create original works of art.</p>



<p>The thumb rule is that the more distinctive the artwork, the higher the price tag. Some questions to ask yourself when pricing your NFT are-</p>



<ol>
<li>How many editions do you have in your collection?&nbsp;</li>



<li>Is your NFT a stand-out from the rest of the crowd?&nbsp;</li>



<li>Do your artworks have tens or hundreds of editions? </li>
</ol>



<h3><strong>Artist</strong></h3>



<p>NFT marketplaces have two categories of sellers- fresh artists and established artists. Fresh artists are those who are looking to make a profit from selling NFTs; meanwhile, established artists are looking to sell their artworks or physical assets as NFTs. Established artists are already doing well and use NFT as another platform to promote their work.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-2-1024x538.png" alt="Price your nft" class="wp-image-786" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-2-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-2-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-2-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-2.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Take the example of Beeple- he has become such a big name in the NFT space that every time he announces an NFT drop, it creates ripples in the industry. You can automatically assume that his NFT project will be worth at least tens of millions.</p>



<p>For new artists, the scenario is quite different. Most investors will be apprehensive about paying a massive sum of money on NFT from an unknown creator. Therefore, you must consider pricing your NFT on the lower end such that the floor price doesn&#8217;t deter buyers but also allows you to earn a profit.</p>



<h3><strong>Fluctuation in ETH and crypto market</strong></h3>



<p>NFTs are purchased and sold using cryptocurrencies such as Ethereum (ETH). Since cryptocurrencies are notoriously volatile, always keep the current NFT market fluctuations in mind when setting the price of NFTs. 1 ETH might be worth $2000 today and $3500 next week. Once you have decided on a price for your NFT, adhere to it. Don&#8217;t let the market price compel you into lowering your rates. The crypto community often purchases NFTs based on their ETH worth rather than their fiat value.</p>



<h3><strong>NFT marketplace</strong></h3>



<p>Your choice of NFT marketplace plays a vital role in the pricing because different marketplaces cater to different customer bases. To target different types of buyers, divide your art into two or three categories. Some marketplaces are open to the public, while others are exclusive.&nbsp;</p>



<p>Most artists start their careers on open marketplaces while they wait to be accepted on more exclusive marketplaces, which might take many months due to the enormous volume of applications. For lower-priced collectibles, you can do it on platforms that aren&#8217;t Ethereum-based. Alternatively, you can sell your rarer NFTs on more exclusive platforms. Sell your NFTs on the <a href="https://upyo.com/en/nft">biggest Arabic platform in the Middle East for trading NFTs UPYO</a>.</p>



<h3><strong>Utility</strong></h3>



<p>Utility features are becoming more crucial in establishing long-term values for NFTs. Many collectors are looking for more than just an art piece to appreciate solely for its visual aesthetics. They want to be able to use the NFT for perks and exclusivity. Therefore, you may consider incorporating unlockable content, incentives, and other exciting perks. This can include a physical print, a discount on your next collection, or even early access to your future drop. NFTs with better additional features can be priced higher.&nbsp;</p>



<h2><strong>NFT Pricing Strategy</strong></h2>



<h3><strong>Price as a marketing strategy</strong></h3>



<p>Your NFT collection&#8217;s price represents the market value of your work. A common marketing strategy used by many new artists is to price their NFTs lower than the actual value. This is done to improve sales volume and build a loyal following. Some artists do this by selecting a reduced price for their initial collection so that early consumers feel rewarded for their early support.&nbsp;</p>



<h3><strong>Increase the price linearly</strong></h3>



<p>While it&#8217;s impractical to expect huge earnings right away, don&#8217;t underestimate the value of your work. The first sale is often the most difficult, but once that&#8217;s done and you&#8217;ve gained a significant number of collectors interested in your work, use a linear model and gradually raise the floor price of your NFT.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Untitled-design-3-1024x538.png" alt="how to price nfts" class="wp-image-787" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-3-1024x538.png 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-3-300x158.png 300w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-3-768x403.png 768w, https://3.111.63.208/wp-content/uploads/2022/08/Untitled-design-3.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Royalties vs. selling price</strong></h3>



<p>There are two methods to profit from your NFT project- sale price and royalties. Depending on your NFT type, your ratio of royalties to the selling price will vary. Regardless of the initial selling price, you will always earn royalties from secondary marketplaces.&nbsp;</p>



<p>The more tokens you produce and the faster you sell them, the higher the floor price in secondary sales will be. Hence, finding an accessible price point is crucial to attracting more buyers. Many new creators giveaway their NFTs for free because they know that they will earn profits through royalties in the future.</p>



<h2><strong>Conclusion</strong></h2>



<p>You should objectively view your work and set the price as a seller. The final NFT price should always be profitable for you in the long run. Invest your time in the NFT community and do comparative research to know the exact worth of your NFT project. Given the risky nature of non-fungible tokens and cryptocurrencies, you should keep track of trends and news to make well-informed decisions.</p>


NFT Pricing: How to Price Your NFT Correctly?

Blockchain


<p>Whether it&#8217;s a brand or individual creator, everyone wants to participate in the NFT craze. Well-known NFT artists make NFT drops to introduce their new collections to eager investors. In this blog, we will discover everything you need to know about NFT drops and where to buy them.</p>



<h2><strong>What is NFT drop?</strong></h2>



<p>In the simplest term, an NFT drop is when creators announce the launch of their NFT projects. Like an album drop, NFT drop refers to the precise time and date that a new NFT collection will hit the market and the minting price of the crypto assets.&nbsp;</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="939" height="528" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/drop1.jpg" alt="NFT Drops" class="wp-image-679" srcset="https://3.111.63.208/wp-content/uploads/2022/08/drop1.jpg 939w, https://3.111.63.208/wp-content/uploads/2022/08/drop1-300x169.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/drop1-768x432.jpg 768w" sizes="(max-width: 939px) 100vw, 939px" /></figure>



<p>Buying an NFT as soon as it drops can help investors save money and add rare collectibles to their portfolios. That&#8217;s why investors are always following the release of upcoming NFTs so that they can grab them before prices increase.</p>



<p>Generally, NFT drops have limitations on how many a person can buy and how many NFTs can be minted at a time. NFT drops from famous artists have a huge waiting line where people frantically compete with one another to own unique, one-of-a-kind, non-fungible tokens.&nbsp;</p>



<h2><strong>How to keep track of new NFT drops?</strong></h2>



<p>After the splash made by CryptoPunk or Bored Ape Yacht Club collections, collectors with a keen eye always keep track of drops from popular NFT artists. Here is how you can know about new NFT drops.</p>



<ul>
<li><strong>Social Media:</strong></li>
</ul>



<p>Many artists use social media to make announcements about when they are launching their new NFTs. It&#8217;s an effective marketing strategy to get the news out. You can check social media platforms like Facebook, Instagram, Twitter, YouTube, LinkedIn, Clubhouse, etc., to know if your favorite brands or solo artists plan an NFT drop. It helps to engage and follow NFT communities on these social channels to stay updated on the latest buzz in the NFT market.</p>



<ul>
<li><strong>Metaverse:</strong></li>
</ul>



<p>The metaverse is the best place to find upcoming NFT drops. Virtual worlds like Decentraland are popular in the NFT community. Metaverse enables interested buyers to discover new NFTs as information about new drops is posted throughout the digital world.&nbsp;</p>



<ul>
<li><strong>NFT marketplaces:</strong></li>
</ul>



<p>The easiest way to discover NFT drops is at NFT marketplaces. Platforms like <a href="https://upyo.com/en/nft">UPYO</a>, <a href="https://opensea.io/" rel="nofollow">OpenSea</a>, <a href="https://rarible.com/" rel="nofollow">Rarible</a>, and others highlight NFT drops that are coming to the marketplace. Users can access a wide variety of NFTs on these platforms.&nbsp;</p>



<p>Moreover, since most of these platforms offer lazy minting, it makes it easy for customers to buy and mint new NFTs without complications. One thing to remember when finding new NFT drops is to always check the rankings of drops before investing in one.</p>



<ul>
<li><strong>Instant messenger:</strong></li>
</ul>



<p>Instant messaging platforms like Discord, Messenger, Telegram, etc., can provide information on the latest NFT drops. These platforms are gathering places for NFT enthusiasts to discuss new NFT drops and trending news in the crypto world.&nbsp;</p>



<ul>
<li><strong>NFT news publications:</strong></li>
</ul>



<p>Many news publications cover the latest trends in the NFT market. These publications include blogs, digital magazines, online news outlets, etc. They serve as excellent means to find out about new NFT drops from well-known and promising artists, in addition, to top-notch investment advice. Follow our <a href="https://upyo.com/ar/news">NFT news</a> on UPYO.</p>



<ul>
<li><strong>Podcasts:</strong></li>
</ul>



<p>Podcasts are another great platform to discover new NFT drops. Popular NFT podcasts regularly update their listeners on new releases. Moreover, they also provide helpful advice on how to purchase NFTs, which NFTs to invest in, and how to turn a profit from NFTs.&nbsp;</p>



<h2><strong>&nbsp;Where to buy NFT drops?</strong></h2>



<p>Almost all NFT marketplaces regularly update their customers about forthcoming NFT drops on their platform. These marketplaces have in-built NFT drop calendars that highlight new drops. Furthermore, they provide essential information, including descriptions on their websites and mobile apps.&nbsp;</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="896" height="598" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Drop2.jpg" alt="hot nft drops" class="wp-image-680" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Drop2.jpg 896w, https://3.111.63.208/wp-content/uploads/2022/08/Drop2-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Drop2-768x513.jpg 768w" sizes="(max-width: 896px) 100vw, 896px" /></figure>



<p><a href="https://upyo.com/en/nft">UPYO</a>, the first and biggest NFT marketplace in the Middle East, provides you access to popular NFTs from global artists. Here is how you can invest in an NFT through the platform:</p>



<ol>
<li>Connect your crypto wallet to UPYO.</li>



<li>Select an NFT from the platform.</li>



<li>If it&#8217;s a direct sale NFT, click the &#8220;Buy&#8221; button.</li>



<li>If it&#8217;s an auction, place a bid.</li>



<li>Enable the transaction from your wallet.</li>



<li>If you win the auction, NFT will be transferred to you.</li>



<li>Check your UPYO collection and wallet to verify that the new NFT has been added.</li>
</ol>



<h2><strong>Things to be considered while buying NFT drops</strong></h2>



<p>To make smart investments in NFT, follow the principles mentioned below to make the most out of your crypto money:</p>



<h3>Purchase NFTs that you enjoy:</h3>



<p>The NFT market works similarly to an art market where investors pay for artwork they enjoy. The most valuable NFTs in the crypto world are always rare and unique. You need to have a good eye to identify quality non-fungible tokens that satisfy your artistic taste while being value for money. That&#8217;s why you should always buy digital art that you really enjoy rather than just following trends.&nbsp;</p>



<figure class="wp-block-image size-full is-resized"><img decoding="async" loading="lazy" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Drop3.jpg" alt="Drop NFT" class="wp-image-681" width="650" height="620" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Drop3.jpg 911w, https://3.111.63.208/wp-content/uploads/2022/08/Drop3-300x286.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Drop3-768x733.jpg 768w" sizes="(max-width: 650px) 100vw, 650px" /></figure>



<p>If you&#8217;re a sports fan, investing in sports memorabilia like trading cards instead of a virtual fashion item makes more sense. Although considering the future resale value of an NFT is a fundamental factor when buying an NFT, remember that it&#8217;s possible to monetize your favorite NFTs to earn passive income without ever having to sell it. So your focus shouldn&#8217;t only be on buying something that is trending, but it should be to own a piece of rare digital asset that brings you long-term happiness.</p>



<h3>Do thorough research before buying:</h3>



<p>NFTs are complex, and the market is still evolving. It&#8217;s best to learn about NFT in-depth before buying one. That way, you know how to make a good investment that will give you a high yield in the future. Find a brand or artist you are aware of and trust, and buy their work. You have to evaluate objectively if the NFT is a functional, worthwhile, and valuable addition to your collection.&nbsp;</p>



<h3>Buy NFTs that fit your budget:</h3>



<p>With all the buzz surrounding NFT, getting caught up in this crypto craze is reasonably easy. However, it&#8217;s best to stay away from crypto-assets that are above and beyond your budget. The steady increase in gas fees of the Ethereum blockchain means it&#8217;s already becoming more expensive to buy NFT art.&nbsp;</p>



<p>So the ideal rule for buying an NFT is that you should only invest what you can actually afford to lose. Buying an expensive NFT does not always guarantee higher returns. Therefore, you should stick to your budget and pay only what you&#8217;re willing to lose.</p>



<h2>Beware of scams:</h2>



<p>Like everywhere else on the internet, scams are relatively common when it comes to NFT. Being aware can help you avoid these scams and protect your interests. You should always do your investigation before you dive into NFT.</p>



<p>Here are some common scams that you should avoid:</p>



<h3><strong>Fake sites</strong></h3>



<p>There is no shortage of fake sites on the internet. These websites and applications look similar to actual marketplaces. They can steal your information and cryptocurrency when your wallet is connected to the platform, so it is vital to buy from verified and trusted sites.</p>



<h3><strong>Fake brands</strong></h3>



<p>Many big brands are launching their own NFT collections. However, there are numerous counterfeit brands that look identical to the actual brand. Some of these counterfeits are available on various marketplaces, so always verify the brand name before purchasing. Moreover, it&#8217;s essential to take a nuanced approach to validate the authenticity of the NFT.</p>



<h3><strong>Rug pull</strong></h3>



<p>A rug pull occurs when someone starts a project with the purpose of generating money but abandons the project, brand, and community. Such stunts may be easily recognized by spending time in the project&#8217;s community. Discord, social media, and other communication platforms are ideal for determining a brand&#8217;s activity level. Therefore, if the brand isn&#8217;t active or genuine in its efforts, you might want to do more digging before committing.</p>



<h3><strong>Direct messages</strong></h3>



<p>Scammers often reach out to prospective buyers claiming to offer information on NFT drops. Most of these happen on social media platforms, where you receive anonymous DMs saying that you have won prizes. Avoid these messages as they are disingenuous. They will ask you to click on a link, and if you do so, it enables them to access your information and steal from you.</p>



<h2><strong>Conclusion</strong></h2>



<p>Almost every day, new NFT drops happen in the crypto world. When big names like Nike are involved, it generally makes a lot of buzz on the internet. If you follow NFT communities and blogs, chances are you will be aware of what&#8217;s coming to the market. Moreover, you can always rely on verified NFT marketplaces for updates on upcoming NFT drops. No matter what communication channel you use, ensure that you do your research before you invest in a new NFT.</p>


NFT Drop Meaning and Where to Buy One?


<p>Flipping is the term that is often used in economics and now is used in the NFTs field as Flipping NFTs. The concept refers to the act of buying and holding assets for a short period of time for the purpose of selling them quickly for a profit. It is a common occurrence in real estate-related discussions and IPO transaction-related talks.&nbsp;</p>



<p>Although these are the most notable use cases in finance, flipping can broadly characterize the purchase of an object with the intention of selling it for a profit in the near future. It usually entails buying and selling vehicles, cryptocurrency, concert tickets, etc.</p>



<h2>What is NFT Flipping?</h2>



<p>NFT Flipping in the Blockchain business is nothing but the process of purchasing NFTs at a low/cheap price and selling them at a high price to gain profits.&nbsp;</p>



<p>The concept has been utilized in finance for decades, dating back to the early days of toys, trading cards, and the resale of comic books. Thus, this is not something new for traders and investors. However, the exposure to NFTs has created new opportunities for investors to earn more money.</p>



<p>The investors who engage in flipping are known as flippers and they usually find non-fungible tokens profitable and appealing. This is due to the speedy returns that one can gain while trading NFTs.</p>



<p>Flipping non-fungible tokens is a riskier investment, but it is a faster approach to improving your wealth. However, it must be noted that only valuable assets and items can be flipped in the NFT market.&nbsp;</p>



<p>Note: The speedy returns provided by NFTs largely depend on the size of the NFT project.&nbsp;</p>



<h2>How to flip NFTs?</h2>



<p>As discussed above, flipping NFTs involves buying NFTs at a cheap price and selling them immediately at a higher price to gain profit. Although the process looks simple, one must remember that not all NFTs perform well and appreciate value.&nbsp;</p>



<p>Thus, flippers must lookout for hot NFT projects and undervalued NFTs to buy them at the lowest possible price and flip it for high returns.&nbsp;</p>



<p>Like any other financial market, making money in the NFT market necessitates studying some vital metrics to choose the best feasible option. In general, people prefer undervalued NFT assets or the ones they believe will improve in value in the future.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="538" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/Nours-Copy-of-Shared-UPYO-in-article-visuals-1200-38-1-1024x538.jpg" alt="nft flips" class="wp-image-582" srcset="https://3.111.63.208/wp-content/uploads/2022/08/Nours-Copy-of-Shared-UPYO-in-article-visuals-1200-38-1-1024x538.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/Nours-Copy-of-Shared-UPYO-in-article-visuals-1200-38-1-300x158.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/Nours-Copy-of-Shared-UPYO-in-article-visuals-1200-38-1-768x403.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/Nours-Copy-of-Shared-UPYO-in-article-visuals-1200-38-1.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>And when it comes to NFTs, the flipper must conduct thorough research and stick to a niche they are comfortable with. Some common niches are animal-themed art, domain names, collectibles, and metaverse lands.</p>



<p><strong>Three crucial metrics primarily determine how well an NFT project will do. They are:</strong></p>



<ul>
<li><strong>Volume &#8211; </strong>Always look for those platforms with high trading volumes to pitch your investments.&nbsp;</li>



<li><strong>The number of items &#8211; </strong>NFT projects that are limited in the number of items are much more likely to give profit.</li>



<li><strong>Floor price &#8211; </strong>The term &#8220;floor price&#8221; refers to the lowest possible price for an item. Look for things with low floor prices and limited supply.</li>
</ul>



<p><strong>So, to summarize, </strong></p>



<ol>
<li><strong>Find the right project &#8211; </strong>Flippers must choose an NFT project and NFT collection they are interested in. Furthermore, they must pick a project at a reasonable floor price.&nbsp;</li>
</ol>



<ol start="2">
<li><strong>Research on listing pages &#8211; </strong>The flippers must study the selected NFT collection. In other words, they must look for rare characteristics in an NFT to make the purchase.&nbsp;&nbsp;</li>
</ol>



<ol start="3">
<li><strong>Buy and sell immediately &#8211; </strong>Once the first two steps are completed, the flipper can buy the NFTs of their choice and sell them on secondary markets.&nbsp;</li>
</ol>



<h2>How to pick profitable NFTs to make money?</h2>



<p>Although flipping NFTs sounds simple, understanding how to flip NFTs to make a profit takes a lot of dedication and patience. The flipper must invest time and energy to comprehend the trading strategies to succeed.&nbsp; Your guide to knowing <a href="https://upyo.com/en/post/how-to-invest-in-nft">how to invest in NFTs</a></p>



<p>There are usually multiple elements involved to determine if a chosen NFT will make a profitable flip. However, to make it easier for beginners, here are some factors to consider:</p>



<h3><strong>Community:</strong></h3>



<p>The community support received by the NFT collection or project can help gauge its popularity across people. Are people discussing the NFT? Are they interested in buying it? These are some ‌questions that might help flippers to decide if they pursue a particular NFT or not. Furthermore, they can follow the project of interest on social media channels like Twitter, Telegram, Reddit, etc., to check the engagement and popularity it receives from the audience.</p>



<h3><strong>Celebrity support:</strong></h3>



<p>An NFT that has garnered the support of a well-known company or celebrity is usually known to perform well in sales. Endorsements from celebrities like Elon Musk can make an NFT really popular. </p>



<p>Bored Ape Yacht Club is one excellent example, as it has got celebrity buyers like Logan Paul, <a href="https://www.cnet.com/culture/how-a-300k-bored-ape-yacht-club-nft-was-accidentally-sold-for-3k/#:~:text=The%20Bored%20Ape%20Yacht%20Club,is%2052%20ether%2C%20or%20%24210%2C000." rel="nofollow">Stephen Curry</a>, etc. Thus, choosing a project with good community support can make the NFT stand out from the crowd.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="819" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-819x1024.jpg" alt="Flipping NFT " class="wp-image-579" srcset="https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-819x1024.jpg 819w, https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-240x300.jpg 240w, https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-768x960.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-1229x1536.jpg 1229w, https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1-1638x2048.jpg 1638w, https://3.111.63.208/wp-content/uploads/2022/08/dylan-calluy-E4TBps9k_Po-unsplash-1.jpg 2000w" sizes="(max-width: 819px) 100vw, 819px" /></figure>



<h3><strong>Uniqueness:</strong></h3>



<p>Similar to being rare, an NFT that is unique or has iconic characteristics can have great value than regular art or videos. </p>



<p>For example, despite its simplicity, the CryptoPunks artwork was the first of its sort to have a distinct pixelated design that gave a unique look to them. Furthermore, it inspired more popular initiatives such as Weird Whales. Thus, we can conclude that the more distinct the project&#8217;s aesthetic is, the more valuable it will be in the long run.</p>



<h3><strong>Utility:</strong></h3>



<p>This is one of the crucial factors to look for in an NFT. While some people take pride in owning unique NFTs, others look for utility (usefulness) and perks. Most people look for added benefits that come with purchasing an NFT. Thus, look for NFTs such as Veefriends, which provides its buyers with access to Veecon and a golden chance to meet Gary Vaynerchuk. </p>



<p>Another example of utility comes from an American band called Kings of Leon&#8217;s, who auctioned off their album as an NFT, along with golden tickets. These tickets gave special privileges to their buyers by offering them four front-row seats on every King of Leon tour for life.</p>



<p>Thus, we can conclude that benefits such as these create a good buzz and generate demand among people.&nbsp;</p>



<h3><strong>Credibility:</strong></h3>



<p>With NFT frauds on the rise, verifying the trustworthiness of creators is critical for your success and investment. Always double-check to ensure that the NFT project team is trustworthy and credible. Avoid projects led by nameless individuals, and conduct your homework on the team&#8217;s history.</p>



<p>Flipping NFTs is quite simple. You&#8217;ll need a Web3 wallet, such as Metamask, and a good NFT marketplace to get started. Once you find your desired collection, you need to buy and sell them to make good profits. Check our collections in our <a href="https://upyo.com/en/nft">NFTs Platform</a>.</p>



<p>One must keep a watch on NFT projects and understand the nuances of selling the NFTs at the right time to make intended profits. However, one must also be prepared to face risks and losses since the NFT market is subjected to volatility and uncertainties, just like any other market.&nbsp;</p>



<p>Nevertheless, one can always follow the tips given in this article to minimize the risks and move forward to build their assets.</p>



<p><strong>Happy flipping!</strong></p>


Flipping NFTs: Guide On How To Flip NFTs For Profit


<p>As blockchain technology turned more common, we saw more significant use of NFTs, DAO NFTs, GameFi, and many more. In addition to this, blockchain technology has also resulted in a new form of organization: Decentralized Autonomous Organization. As a result of their potential, DAOs are gaining popularity in the digital realm. But first, what exactly is a DAO?</p>



<h2>What is DAO?</h2>



<p>A DAO is a blockchain-based program that provides users with a built-in methodology for collectively managing its code. It is a community-led organization with no centralized power. It is automated and credible: smart contracts establish the general principles, implement the agreed-upon judgments and ideas, polling, and even the code itself can be openly inspected at any time.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/5429482-1-1024x683.jpg" alt="NFT DAO" class="wp-image-377" srcset="https://3.111.63.208/wp-content/uploads/2022/08/5429482-1-1024x683.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/5429482-1-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/5429482-1-768x512.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/5429482-1-1536x1024.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/5429482-1-2048x1365.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>In simple terms, a DAO is administered by its members, who jointly make crucial choices regarding the project&#8217;s fate, such as technological updates and budget allocations.</p>



<p>In general, community members curate proposals about the upcoming operations of the protocol and then vote on every proposal altogether. Proposals that gain a certain predefined degree of consensus are then approved and implemented by the regulations instantiated via the smart contract.</p>



<p>Under this approach, familiar hierarchical systems prevalent in huge organizations give way to community participation. Every member of the decentralized autonomous organization oversees the protocol at a certain level.</p>



<h2>How Does DAO Work?</h2>



<p>DAOs are designed to resemble a business model, with policies and guidelines developed utilizing open-source code and implemented via smart contracts.</p>



<p>For those unfamiliar with smart contracts, it is an agreement designed to implement if and when specific criteria are met. These policies are often decided by the DAO stakeholders.</p>



<p>Compared to other established organizations, DAOs don&#8217;t come with any hierarchy. Instead, to regulate the firm&#8217;s interest with its team, DAOs reward a dispersed network of people to meet their objectives.</p>



<p>One of the prominent aspects of a DAO is the inner currency that is utilized to encourage these actors and keep the organization running correctly.</p>



<p>After the initial set of regulations has been developed and written into smart contracts, DAOs often enter a financing phase where anybody who wishes to join can do so.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/rm407-123-1-1024x1024.jpg" alt="DAO" class="wp-image-379" srcset="https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-1024x1024.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-300x300.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-150x150.jpg 150w, https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-768x768.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-1536x1536.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/rm407-123-1-2048x2048.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2>Usually, a DAO launch happens in 3 vital steps:</h2>



<h3><strong>Smart Contract Creation:</strong></h3>



<p><strong> </strong>To start with, developers must first design the smart contract behind the DAO. After the launch, they get the authority to modify the rules imposed by these contracts via the governance system. That implies they must thoroughly examine the contracts to verify that critical aspects are not overlooked.</p>



<h3><strong>Funding:</strong></h3>



<p>Once the smart contracts are developed, the DAO must decide how to acquire financing and how to implement governance. Tokens are frequently traded to generate cash; these tokens grant holders voting power.</p>



<h3><strong>Deployment:</strong></h3>



<p>After everything is fixed, the DAO must be launched on the blockchain. From this moment on, stakeholders make decisions about the organization&#8217;s future. The organization&#8217;s builders who designed the smart contracts don&#8217;t have much influence over the endeavor as other stakeholders.</p>



<h2>What is the Relationship Between DAOs and NFTs?</h2>



<p>NFTs are digital one-of-a-kind assets, while DAOs administer communities. When discussing collective DAO NFT, artists <a href="https://upyo.com/en/post/softwares-used-to-make-nfts">create NFT projects</a> to manage their life cycle.&nbsp;</p>



<p>Hence, right from the community proprietorship to the governance of NFTs, DAO contributes hugely to the NFT realm.</p>



<h3><strong>Collective Ownership:</strong></h3>



<p>DAO assists the NFT domain in the collective proprietorship of an asset. Dealing in NFTs, particularly in blue-chip ventures, typically necessitates substantial cash. Of course, this is not something that anyone can afford. As a result, several DAOs were created to enable a group of individuals to jointly control an elevated NFT without spending loads of money.</p>



<p>For instance, let&#8217;s take PleasrDAO. It is a group of &#8220;DeFi pioneers, initial NFT owners, and digital artists&#8221; who raise funding for rare NFTs. As per the site, the firm collects digital assets that showcase and fund essential ideas and causes. For every NFT it purchases, the PleasrDAO team collectively splits the cost and proprietorship of the assets. The participants had formed the group to purchase a Uniswap V3 NFT.</p>



<h3><strong>Community Governance:</strong></h3>



<p>Another essential part in which DAO might assist NFTs is community governance. DAOs are an excellent way for fans and developers of an NFT venture to collaborate and determine the project&#8217;s fate. Many NFT initiatives have indeed formed Decentralized Autonomous Organizations.</p>



<h3><strong>NFT Creator Collectives:</strong></h3>



<p>Significant community support is required for the success of an NFT initiative. Community development is a piece of cake for well-known artists and entertainers who already have a fan base. However, the same is not the scenario for growing artists. Here, NFT creator collectives managed by DAO come into the scenario. Essentially, this group of NFT developers assists with fundraising, advertising, community development, and other activities.</p>



<p>Generally, creators require to trade their NFT to the DAO in return for the DAO&#8217;s tokens. The NFTs serve as security for the produced tokens and provide token value. Token holders also have the right to vote in the company.&nbsp;</p>



<h2>List of Popular NFT DAO</h2>



<p>Let&#8217;s dive into some of the most populous NFT DAO:</p>



<h3><strong>APE DAO:</strong></h3>



<p>This NFT DAO was founded by Bored Apes collector Kylo. eth. To launch this DAO, they fragmented 49 BAYC NFTs along with a female CryptoPunk into 1,000,000 APED tokens. This allows anybody to own a piece of such highly desirable NFTs. Soon after, other NFTs were contributed, including CyberKongz, Avastar, and others. Moreover, the DAO is governed by the user via $APED shards.</p>



<h3><strong>Jenny Metaverse DAO:</strong></h3>



<p>Jenny Metaverse DAO, built on the Unicly network, purchases NFTs and deposits them in a vault. Furthermore, the NFTs are represented by the native uJENNY currency. Along with WHALE, token holders have governance powers and may vote on issues like freeing NFTs from the vault, <a href="https://upyo.com/en/post/how-to-buy-nft">purchasing NFTs</a>, etc.</p>



<h3><strong>Flamingo DAO:</strong></h3>



<p>Flamingo DAO grows DAO money primarily by researching potential blockchain investment possibilities. As per the saying that blockchain collectors are the latest curators and investors, Flamingo DAO feels that making a move towards research on digital property proprietorship will play a vital role. This will help establish a distinct and unexplored online content market and consumption technique.</p>



<p>Flamingo DAO aims to gain a foothold in the digital economy, particularly the lucrative blockchain art sector that has lately emerged. Members of Flamingo DAO can combine personalized NFT resources into the DAO economy, allowing them to receive credit lines guaranteed by digital content.&nbsp;</p>



<p>Furthermore, as a part of the DAO, traders may take advantage of several benefits. For instance, people can showcase their NFT in the DAO Digital Gallery, keep the non-fungible token in the DAO vault for optimal protection, divide it, or utilize it as protection in other DeFi platforms.&nbsp;</p>



<h2>Future of the Decentralized Autonomous Organization</h2>



<p>What more is going to happen in the future for the DAO? The DAO had not come back to its former position as of mid-2020. Nevertheless, there is an outstanding deal of interest in new decentralized organizations as a whole.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/90449-1-1024x683.jpg" alt="" class="wp-image-378" srcset="https://3.111.63.208/wp-content/uploads/2022/08/90449-1-1024x683.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/90449-1-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/90449-1-768x512.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/90449-1-1536x1024.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/90449-1-2048x1366.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Blue social network technology icons background vector</figcaption></figure>



<p>In the year 2021, The Maker Foundation, the initial promoter of DAO and a cryptocurrency business icon, stated that it was handing over activities to MakerDAO and would disband by the year-end.</p>



<p>While there are several unanswered questions and possible challenges with law, safety, and structure, some experts estimate that this sort of organization could eventually gain traction, maybe even substituting traditionally established organizations.</p>



<h2>Conclusion</h2>



<p>DAO was an early concept and endeavor that fostered the growth and success of the blockchain sector using the smart contract architecture. As the popularity of NFT is no sooner going to slow down, traders are giving their full attention to NFT arts with collectible value. Moreover, the DAOs created to invest in NFTs have also elevated like never before.</p>



<p>It is expected that the NFT-run DAO would undoubtedly bring in more advancement in the future. The DAO community will also nurture more diversified types of business and success, opening up unanticipated development potential for NFT in the long run. We&#8217;ll all have to wait and watch.</p>


Understand DAO NFT and DAO Relation with NFT


<p>NFTs and metaverse are two trending buzzwords that have taken over the internet. Art, sports, movies, virtual real estate, and gaming have seen the most NFT activity, with people <a href="https://upyo.com/en/post/how-to-invest-in-nft">investing and trading in NFTs</a> worth billions of dollars. The new use cases of NFT provide emerging opportunities for collectors, crypto investors, and businesses.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="640" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/NFT-1--1024x640.jpg" alt="NFT in Metaverse" class="wp-image-365" srcset="https://3.111.63.208/wp-content/uploads/2022/08/NFT-1--1024x640.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/NFT-1--300x188.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/NFT-1--768x480.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/NFT-1--1536x960.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/NFT-1-.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Metaverse, the term coined by Neal Stephenson in 1992, is a reality today thanks to Facebook and others. This digitally created utopian environment enables people to interact, work, collaborate, and socialize virtually. The metaverse collectively uses numerous advanced technologies to simulate a new virtual world that mimics our real world, including blockchain, augmented reality, and virtual reality technology. From playing games to shopping, there is nothing you cannot do in the metaverse.</p>



<p>But, what is the connection between NFT and metaverse? NFT enables users to gain access to the metaverse in addition to owning virtual assets in these universes. These tokenized assets enable users to share identities, social experiences, and communities in virtual worlds like Decentraland and Somnium Space. Thus, NFTs are similar to building blocks that enable the establishment of an ideal metaverse and its thriving economy.&nbsp;</p>



<h2><strong>What is NFT in metaverse?</strong></h2>



<p>Non-fungible tokens are immutable virtual assets having pre-programmed scarcity, making them an excellent instrument for representing ownership of virtual assets such as in-metaverse products or virtual real estate. NFTs can be turned into 3-dimensional avatars that users could transport from one metaverse environment to another. These digital items may be exchanged, personalized, and even monetized at the owner&#8217;s discretion.</p>



<p>The metaverse is an evolving notion, and we can expect NFTs to play a more prominent role in its ecosystem in the future. NFT metaverse collaboration would push the possibility of employing NFTs as virtual property deeds. As such, NFTs can help users gain exclusive access and ownership to an area in the metaverse while also controlling access of others to that property.</p>



<p>Because of the exclusive nature of NFTs, you are the only owner of your personalized NFT-based avatar, and no one else can replicate or change it. Hence, NFT and metaverse complement each by helping you create unique, irreplaceable identities in different digital worlds. In other words, the metaverse and NFTs are created for each other.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="731" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-1024x731.jpg" alt="Metaverse NFTs" class="wp-image-366" srcset="https://3.111.63.208/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-1024x731.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-300x214.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-768x549.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-1536x1097.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/retro-3d-shapes-vaporwave-style-1-2048x1463.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Furthermore, NFTs also play an important part in helping brands airdrop branded products to followers, including exclusive metaverse avatars. Metaverse participants can construct a minted metaverse-agnostic avatar that can be transported from one metaverse to another.</p>



<p>The NFT&#8217;s smart contract capabilities may also aid in selling real estate in the metaverse such as Decentraland. In the early phases of metaverse development, most NFT use cases primarily focus on accessibility. However, as both NFT and metaverse continue to develop, we may have new case uses for NFTs within the metaverse.</p>



<h2><strong>What are the use cases of NFT in the metaverse?</strong></h2>



<p>NFT provides new opportunities for business and individual investors. Given below are the most popular NFT use cases in the metaverse:</p>



<h3><strong>Virtual marketplace:</strong></h3>



<p>Metaverse can become a virtual marketplace where users can sell, buy, or rent their NFTs. The virtual world may serve as a common ground for buyers and sellers to interact and trade their NFTs outside a traditional <a href="https://upyo.com/en/nft">NFT marketplace</a>. Interested sellers may showcase and provide links to digital assets or allow buyers to <a href="https://upyo.com/en/post/nft-minting">mint their NFTs</a> directly on the metaverse.</p>



<h3><strong>Virtual art museum:</strong></h3>



<p>The metaverse is the perfect landscape for collectors to view digital art. So, it&#8217;s not implausible to assume that the metaverse will serve as a virtual art museum in the future. The VR technology will enable investors to take an up-and-close look at art. Platforms like Сryptovoxels allow users to build art galleries in the metaverse.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-1024x683.jpg" alt="Virtual art museum" class="wp-image-367" srcset="https://3.111.63.208/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-1024x683.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-768x513.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-1536x1025.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/man-wearing-smart-glasses-touching-virtual-screen-futuristic-technology-digital-remix-1-2048x1367.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Virtual real estate:</strong></h3>



<p>NFTs can be used to buy property in the metaverse. The ironclad nature of blockchain technology means that real estate owners can protect their intellectual property from fraud. Virtual worlds like Decntraland offer users the opportunity to buy and sell virtual land. Each plot of land in this metaverse represents an NFT asset that can be bought and sold with cryptocurrency.&nbsp;</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="636" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-1024x636.jpg" alt="real estate metaverse" class="wp-image-368" srcset="https://3.111.63.208/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-1024x636.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-300x186.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-768x477.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-1536x953.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/World_Map_on_Tech_Background_-_Worldwide_Digital_Transformation-1-2048x1271.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3><strong>Virtual events:</strong></h3>



<p>Metaverse is the perfect venue to host virtual events, conferences, and meet and greets. NFT passes can be used to generate cash for virtual events, parties, and concerts that take place across many metaverses. For example, Snoop Dog, an enthusiastic NFT supporter, collaborated with The Sandbox to hold a private party in September 2021.&nbsp;</p>



<p>1,000 NFT party passes were made available for the event, with 650 accessible on The Sandbox&#8217;s marketplace. The Snoop Private Party Pass essentially provided guests access to Snoop Dogg&#8217;s private lifestyle. The event was filled with unique NFTs experiences, and it served as an opportunity to have Snoop Dogg play an exclusive concert on their LAND.</p>



<h2><strong>How to get into the NFT metaverse?</strong></h2>



<p>The essential components you need to enter the metaverse are an internet connection, a VR headset, and a crypto wallet. Presently, not all metaverse environments require VR headsets, as some of them are easily accessible through desktops and laptops.</p>



<p>There are several metaverses, and the most well-known virtual worlds are Decentraland (MANA), Sandbox (SAND), Axie Infinity (AXS), and Enjin (ENJ). The Decentraland metaverse, arguably the most popular metaverse, is a virtual project that contains 90,601 plots that are sold as NFTs.</p>



<figure class="wp-block-image size-large is-resized"><img decoding="async" loading="lazy" src="https://adminblog.upyo.io/wp-content/uploads/2022/08/woman-enjoying-vr-headset-1024x427.jpg" alt="VR headset" class="wp-image-369" width="650" height="271" srcset="https://3.111.63.208/wp-content/uploads/2022/08/woman-enjoying-vr-headset-1024x427.jpg 1024w, https://3.111.63.208/wp-content/uploads/2022/08/woman-enjoying-vr-headset-300x125.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/08/woman-enjoying-vr-headset-768x320.jpg 768w, https://3.111.63.208/wp-content/uploads/2022/08/woman-enjoying-vr-headset-1536x640.jpg 1536w, https://3.111.63.208/wp-content/uploads/2022/08/woman-enjoying-vr-headset-2048x853.jpg 2048w" sizes="(max-width: 650px) 100vw, 650px" /></figure>



<p>In the metaverse, participants are represented as an avatar that is more than just a user-created visage; in fact, it represents a user&#8217;s unique identity. Avatars are distinctive identification with humanoid characteristics such as an expressive face, upper and lower torsos, and moving limbs.</p>



<p>The metaverse avatar doesn&#8217;t need to resemble or differ from the user&#8217;s actual physical appearance. Rather individuals can customize the avatars&#8217; physical traits, including hair, clothes, and body proportions.&nbsp;</p>



<p>Generally, avatars are classified into full-body avatars and VR avatars. Virtual reality avatars mirror hand movements but not lower limb movements. In contrast, full-body avatars are a step beyond as they are capable of mimicking full-body motions.</p>



<p>Once the avatars are ready, users can explore the virtual world. In Decentraland, you can play games like &#8216;Wonder Mine Crafting Game&#8217; and make friends with other avatars.</p>



<p>NFTs provide access to the metaverse in many ways, including connecting real-life identities to digital avatars. These non-fungible tokens may also one day serve as both the deed and the key to properties in the virtual land. It will allow the owner exclusive authority to enter that location in the metaverse as well as the ability to provide access to others.&nbsp;</p>



<p>These crypto tokens may be assigned to a range of activities, including multiplayer online video games and augmented reality environments. These experiences may be highly personal while simultaneously transforming the tokens into economic commodities with liquid, exchangeable value inside the blockchain ecosystem.</p>



<h2><strong>Conclusion</strong></h2>



<p>The future of the metaverse is boundless as we are still a few years away from having a full-fledged metaverse. Experts believe that metaverse will allow humans to do things that would be difficult in the actual world. It would facilitate and foster human connections without anyone having to relocate or spend money interacting and meeting each other.</p>



<p>Investments in the metaverse have increased significantly over the years as many tech and non-tech companies have pumped money to build and optimize the infrastructure. Slowly but surely, metaverse will become mainstream as NFTs and other blockchain-based assets and items. When that happens, the metaverse will no longer be a futuristic concept; instead, it will become an integral part of our future.</p>
