explainer / 64 posts found
Are Free-to-Mint NFTs a Viable Option for Creators?
Free-to-mint NFTs are all the rage lately. In opposition to standard NFT drops where a collector must pay a set (or changing) price, plus a gas fee in order to create and purchase an NFT, free-to-mint collections offer a way for enthusiasts to mint an NFT at little to no cost. Recently, both independent creators and product development teams have been opting for free-to-mint NFT launches in order to create buzz, bootstrap a community, and mitigate the usual NFT launch pitfalls. These aren’t to be confused with airdrops, though, as while airdrops incentivize and reward holders of an existing collection’s […]
The Musician’s Guide to NFTs: Everything You Need to Know
Being a creator in the NFT ecosystem is daunting, especially when you’re just getting started. Although a firm understanding of non-fungible tokens (NFTs) and blockchain technology can certainly help artists succeed, those are tiny pieces of a much larger puzzle. There are also things like pricing, copyright, and community building to consider — and that’s just the beginning of the list. Sadly, there’s no comprehensive roadmap that can guide musicians through the entire NFT process. And as the ecosystem continues to grow and evolve, things are only getting worse. This guide to music NFTs is intended to answer this need. […]
NFTs Explained: A Must-Read Guide to Everything Non-Fungible
Non-fungible tokens — or NFTs — are causing a paradigm shift across nearly every sector of society. They’re transforming everything from finance to art, and there’s good reason to suspect that almost no corner of society will be left untouched. If that sounds like a bit of an overstatement, know that it’s really not. Over the last few years, NFTs have proven to be one of the most significant contemporary innovations in tech, finance, fashion, sports, and the arts. Since going mainstream in 2021, NFTs have been the source of hype, confusion, and drama (yes, drama!) as they have taken […]
Otherside: Everything to Know About the New Bored Apes Project
It has already been a truly wild year for the Bored Ape Yacht Club (BAYC), and 2022 isn’t even half over. With new and exciting happenings being announced on a near-monthly basis, Yuga Labs — the company behind BAYC — has finally initiated the first phase of their massive metaverse endeavor. It’s a new project called Otherside. The forthcoming collection was announced back in March. And speculation and unconfirmed information in circulation have made details pertaining to the April 30 launch a bit fuzzy. Don’t be fooled though, this isn’t at all comparable to secondary projects like the Bored Ape […]