Category Crypto101

Learning about crypto, web3 and tokens

Crypto Art Auctions, Crypto101, Culture

Beyond the Gavel: The New Dynamics of Digital Art Auctions in the Crypto Age

https://artstoke.co.za/wp-content/uploads/2024/07/Web3-NFT-Marketplace.jpg

The digital art world has experienced a seismic shift with the advent of online auctions, particularly those leveraging blockchain technology and NFT (Non-Fungible Token) marketplaces. Initially, online digital art auctions mirrored traditional methods, where artworks were sold on platforms like…

Richelle Steyn
July 29, 2024

Crypto101

The Big Picture: Where do NFT Artists Mint and Sell their NFTs and Why?

The choice of where to mint and sell NFTs is not random but rather a strategic decision influenced by a combination of technical, financial, artistic, and community-related factors. Artists typically weigh these considerations to determine the best platform or blockchain for their specific needs and objectives.

Richelle Steyn
September 8, 2023

Crypto101, Culture

Mint NFTs that Sell by Crushing these 10 Key Success Factors

Success in the NFT space can be unpredictable, and not all NFTs will sell immediately or at high prices.

Richelle Steyn
September 3, 2023

Crypto101, Trends

Why are Creators and Collectors choosing to Burn their NFTs?

"A world that was once about innovation, creativity, and community suddenly had its values overshadowed by greed, deception, and short-term thinking." Slimesunday

Richelle Steyn
August 20, 2023

Crypto101, FTs

Security (Fungible) Tokens vs NFTs (Non-Fungible Tokens)

Security tokens (fungible) represent ownership in real-world assets and are subject to securities regulations, while NFTs represent ownership of unique digital assets and used in various creative and entertainment-related applications.

Richelle Steyn
August 13, 2023

Collectors, Crypto101, Culture

Why do People Collect NFTs?

People have varying motivations for collecting NFTs. Some may see the value in owning digital assets, while others may prefer traditional physical collectibles. As the NFT space continues to evolve, ongoing research will shed more light on the intricacies of NFT collecting behavior and motivations.

Richelle Steyn
August 12, 2023

Crypto101, FTs

The difference between Crypto Coins and Tokens

Coins and tokens are both terms used in the cryptocurrency and blockchain space, but they refer to different types of digital assets with distinct technical characteristics. In summary, coins are native currencies of their respective blockchains, while tokens are digital assets built on existing blockchains using smart contracts and can represent a wide range of assets and utilities.

Richelle Steyn
August 12, 2023

Crypto101, GenArt

Generative Art, On and Off the Blockchain

Generative blockchain art often engages a new audience of collectors who are interested in owning unique digital items with verifiable scarcity. The NFT ecosystem fosters a sense of community among artists, collectors, and enthusiasts, with interactions often taking place on social media and blockchain platforms.

Richelle Steyn
August 6, 2023

Crypto101, Culture, Digital Artists

Beeple and the NFT “Everydays: The First 5000 Days”

The sale of "Everydays: The First 5000 Days" marked a significant moment in the NFT art world, not only for its historic price but also for the recognition of digital art's value and the transformative potential of NFTs. The artwork encapsulates Beeple's dedication to creativity and his innovative use of digital platforms to share his art with the world.

Richelle Steyn
August 6, 2023

Crypto101, Culture, Digital Artists

Some of the best known NFTs

These examples showcase the diverse possibilities and creative potential of NFTs. They have also proven the appetite for unique, scarce, and innovative digital artworks among collectors and investors. As the NFT space continues to evolve, we can expect to see more innovation that pushes the boundaries of traditional art.

Richelle Steyn
August 6, 2023