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  • Music NFTs: How to Buy and Sell

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    Music NFTs are unique digital assets on a blockchain, representing exclusive music content like songs, albums, or live performances. They allow artists to monetize their work and fans to own unique pieces of music.

    How to Buy Music NFTs

    1. Choose a Marketplace: Platforms like OpenSea or Nifty Gateway.
    2. Set Up a Wallet: Use wallets like MetaMask or Coinbase Wallet.
    3. Fund Wallet: Add cryptocurrency, typically Ethereum.
    4. Browse and Buy: Explore, bid, or buy NFTs.
    5. Transfer to Wallet: Securely store purchased NFTs.

    How to Sell Music NFTs

    1. Select a Marketplace: Choose a platform to list your NFT.
    2. Create a Wallet: Store your NFTs securely.
    3. Mint Your NFT: Upload music and set details.
    4. Set a Price: Choose fixed pricing or auction.
    5. Sell and Transfer: List your NFT and transfer ownership upon sale.

    Tips

    • Research platforms and pricing.
    • Be patient with sales.
    • Account for platform fees.
    • Keep wallets secure.

    Music NFTs are reshaping the industry by providing exclusive ownership and new revenue streams.

  • Ethereum vs Binance Smart Chain NFTs: A Comparison of Benefits

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    Non-fungible tokens (NFTs) have taken the world by storm over the past few years. They have become increasingly popular due to their ability to create unique and one-of-a-kind digital assets, which can be bought and sold like traditional assets. Ethereum and Binance Smart Chain (BSC) are two of the most popular blockchain networks used for creating NFTs. Both Ethereum and BSC offer their unique advantages and benefits, and in this article, we will be comparing the benefits of Ethereum and BSC for creating NFTs.

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  • Creating a Successful Music NFT: Tips for Artists and Producers

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    In recent years, the world of cryptocurrency and blockchain technology has opened up new possibilities for artists, musicians, and creators of all kinds. One of the most exciting developments in this space is the emergence of non-fungible tokens (NFTs), a type of digital asset that can represent ownership of unique digital content, such as art, music, and other creative works.

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  • Music NFTs: A Game-Changer for Musicians

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    Music NFTs are unique digital tokens on the blockchain that represent ownership of songs or albums. They enable artists to monetize directly, retain rights, and engage fans with exclusive perks.

    Benefits:

    • More Revenue: Direct sales eliminate intermediaries.
    • Rights Control: Artists dictate usage and distribution.
    • Fan Engagement: Unique content strengthens connections.
    • Increased Value: Scarcity boosts worth.
    • Ongoing Earnings: Resales generate royalties.

    How to Create:

    1. Choose a Blockchain: Platforms like Ethereum or Solana.
    2. Create & Mint: Upload music, set details, and mint on the blockchain.
    3. Sell: Use marketplaces or personal channels.

    Music NFTs offer artists a revolutionary way to earn and connect, making them essential for the modern musician.

  • How NFTs Can Help Independent Artists Gain More Control and Revenue

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    The world of art has been in constant flux, evolving alongside society and technology. Among the latest developments in the art world is the emergence of non-fungible tokens (NFTs). These digital assets, built on blockchain technology, are revolutionizing how creators can monetize their work and connect with their audience. Independent artists, in particular, stand to benefit significantly from the adoption of NFTs. This article explores how NFTs can help independent artists gain more control and revenue from their work.

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  • Why we need music NFTs

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    Over the past decade, NFTs or non-fungible tokens have gained massive popularity in the art world, with artists, collectors, and investors buying and selling digital art for millions of dollars. Now, the music industry is looking to join the NFT revolution, with many musicians and labels creating their own music NFTs. In this article, we’ll explore why we need music NFTs and how they can benefit musicians, fans, and the industry as a whole.

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  • How to Choose the Right NFT Marketplace for Your Music

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    Non-fungible tokens (NFTs) have revolutionized the way we interact with digital art, collectibles, and various forms of content, including music. As a musician or music producer, you might be considering entering the NFT space to monetize your work, reach a wider audience, or engage with your fanbase in new ways. Choosing the right NFT marketplace for your music is a crucial step in this process, as it can significantly impact your success and visibility.

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  • How should I determine the quantity when creating an NFT?

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    To decide how many NFTs to mint:

    1. Rarity: Unique or limited editions increase value.
    2. Content: Align quantity with the type (art, utility).
    3. Demand: Research trends and audience interest.
    4. Strategy: Plan releases and match brand goals.
    5. Costs: Account for minting expenses and blockchain limits.
    6. Feedback: Use community input to refine future releases.

    Balance exclusivity, demand, and goals.

  • Solana vs. Polygon for NFT Minting

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    • Speed & Fees:
      • Solana: Faster (65,000 TPS) and cheaper (fractions of a cent).
      • Polygon: Slower (7,000 TPS) but still affordable (under $1).
    • Ecosystem:
      • Solana: Smaller but growing (Magic Eden, SolSea).
      • Polygon: Larger, Ethereum-linked (OpenSea, Rarible).
    • Developer Tools:
      • Solana: Advanced (Rust, C) but harder to learn.
      • Polygon: Ethereum-compatible (EVM, Solidity), easier for devs.
    • Security:
      • Solana: Less decentralized, occasional outages.
      • Polygon: More reliable, inherits Ethereum’s security.

    Choose Solana for speed, low costs, and large-scale minting.
    Choose Polygon for Ethereum integration, security, and established marketplaces.

  • Can you create NFTs using Dogecoin?

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    Yes, it is possible to create NFTs using Dogecoin. While Dogecoin was not originally designed for NFTs, developers have found ways to mint NFTs on the Dogecoin blockchain. For example, the first-ever NFT on Dogecoin was created in 2021 using SHA-256 hash functions and stored in a checksum, with a very low minting cost of 0.1 DOGE. Additionally, some projects use sidechain approaches, such as combining Dogecoin with other blockchains like Neblio, to enable NFT creation and storage.

    However, creating NFTs on Dogecoin is less common compared to blockchains like Ethereum or Polygon, which are more widely used for NFT minting due to their established tools and marketplaces.

  • I created NFTs on OpenSea through lazy minting in the past. Now, I don’t see these in my profile. Where are they and how can access them?

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    The discontinuation of OpenSea’s lazy minting tool on October 3, 2023, has introduced several limitations for creators relying on this feature. While NFTs created through lazy minting are still accessible and can theoretically be bought, sold, and transferred, there are specific challenges that users may encounter when attempting to list or sell them.

    Why Your Lazy-Minted NFTs May Not Be Listing Properly

    1. Lazy Minting Is No Longer Supported: OpenSea replaced lazy minting with OpenSea Studio. As a result, while existing lazy-minted NFTs remain on the blockchain, they are now part of a legacy system. This could lead to inconsistencies in how these items function on the platform, including issues with visibility or listing.
    2. Blockchain Status of Lazy-Minted NFTs: Lazy-minted NFTs are not fully minted on the blockchain until a sale or transfer occurs. This means they might not always behave like standard minted NFTs, potentially causing problems during listing or sale attempts.
    3. Platform Changes: OpenSea has shifted its focus to on-chain minting via independent contracts. This transition deprioritizes lazy-minted items, which may contribute to technical issues when interacting with these assets.

    Can You Still Sell Lazy-Minted NFTs?

    Yes, but with caveats:

    • Sales Are Theoretically Possible: OpenSea has stated that existing lazy-minted items can still be bought, sold, and transferred. However, I have issues with listing these items successfully.
    • No Edits Allowed: Lazy-minted NFTs cannot be edited anymore. This includes changes to metadata or other properties.

    Troubleshooting Listing Issues

    If you tried listing your lazy-minted NFT and it says it was listed but doesn’t appear:

    1. Refresh Metadata: Navigate to the NFT’s page on OpenSea and click “Refresh Metadata” to ensure the item is updated.
    2. Verify Wallet Connection: Ensure you’re logged into OpenSea with the correct wallet that holds the NFT.
    3. Check Blockchain Status: Use a blockchain explorer (e.g., Etherscan or PolygonScan) to confirm the NFT’s existence and status.
    4. Contact OpenSea Support: If the issue persists, reach out to OpenSea’s support team for clarification.

    Alternatives and Next Steps

    If selling your lazy-minted NFT proves too challenging:

    • Consider transferring it to another wallet or platform that supports it better.
    • Explore minting new NFTs using OpenSea Studio or other platforms that offer full on-chain minting for improved functionality.

    Ultimately, while lazy-minted NFTs are still functional in theory, their integration into OpenSea’s current ecosystem may present practical difficulties for creators and sellers.

  • Is Dogechain Part of Dogecoin’s Infrastructure or Not?

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    Dogechain is not part of Dogecoin’s official infrastructure. Here are the reasons:

    Relationship with the Dogecoin Project

    Dogechain is an independent blockchain designed to expand the Dogecoin ecosystem. It was neither developed nor officially approved by the Dogecoin project team.

    Purpose and Functionality

    Dogechain aims to provide functionalities such as smart contracts, NFTs, and DeFi, which are not natively available on Dogecoin. It achieves this by converting Dogecoin into “Wrapped Dogecoin (wDOGE)” for usage within its network.

    Official Denial

    The Dogecoin team has explicitly denied any direct relationship with Dogechain, treating it as an unofficial layer-2 solution. This distinction highlights that Dogechain operates independently.

    Conclusion

    While Dogechain complements the Dogecoin ecosystem by offering additional features, it remains a separate project and is not part of Dogecoin’s official infrastructure.