These NFTs Are OFF THE CHAIN!! Sector Update 💯



📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
🛒 Get The Hottest Crypto Deals 👉 https://guy.coinbureau.com/deals/
👕 “Bitcoin Illusion” Shirt 👉 https://store.coinbureau.com/product/bitcoin-illusion-white-t-shirt/
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

~~~~~

📺Essential Videos📺

NFT Market Analysis 👉 https://youtu.be/DFEVUIK3bFk
Most Funded Crypto Projects 2021 👉 https://youtu.be/nmQVO10Tl6s
Axie Infinity Explained 👉 https://youtu.be/zQPyDc88X8o
FATF Crypto Regulations 👉 https://youtu.be/cZyTDJPnp14
Crypto Mining And The Climate 👉 https://youtu.be/DidAwxWaDKI
Crypto Tax Tips 👉 https://youtu.be/EMNSwa_PkkA
Jeremy Hogan Explains NFT Rights 👉 https://youtu.be/ySe3A4Tys00
Cardano Cryptocurrency Updates 👉 https://youtu.be/HF7dxD5ncks

~~~~~

– TIMESTAMPS –
0:00 Intro
2:11 What Are NFTs?
3:56 Biggest NFT Sales So Far
6:13 Biggest Funding Rounds For NFT Platforms
8:48 Top NFT Trends
12:01 Next NFT Trends
14:49 NFT Issues
17:37 What Do You Get When You Buy An NFT?
19:58 Outro

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► NFT Market Tracker: https://nonfungible.com/
► Beeple 69 Million Dollar NFT Buyer: https://www.cnbc.com/2021/03/30/vignesh-sundaresan-known-as-metakovan-on-paying-69-million-for-beeple-nft.html
► Sorare 532 Million Dollar Funding Round: https://cointelegraph.com/news/fantasy-soccer-nft-platform-sorare-reportedly-closing-in-on-532m-in-funding
► Axie Infinity Player Counter: https://playercounter.com/axie-infinity/
► Audius Surpasses 5 Million Monthly Users: https://www.coindesk.com/decentralized-music-streaming-service-audius-now-has-5m-users
► Fractionalized NFTs SEC: https://cointelegraph.com/news/sec-s-crypto-mom-warns-selling-fractionalized-nfts-could-break-the-law
► NFT Taxes Explained: https://cointelegraph.com/news/nfts-and-us-taxes-what-you-should-know
► NFT Copyright Ownership Analysis: https://cointelegraph.com/news/nonfungible-tokens-from-a-legal-perspective

~~~~~

👨‍🏫NFTs Recap👨‍🏫

NFT is short for non-fungible token. When something is non-fungible, that means that it’s unique and can’t be replaced. A simple example of a non-fungible asset is the Mona Lisa painting

NFTs are just unique digital assets built on cryptocurrency blockchains, specifically smart contract cryptocurrency blockchains such as Ethereum, Cardano, Polkadot, and Solana

🤑Biggest NFT Sales (So Far)🤑

The first place position is held by the Beeple art compilation NFT that sold for an astronomical 69.3 million dollars at auction back in March

The buyer was a man by the name of Vignesh Sundaresan who guys by the pseudonym MetaKovan, and he mentioned in an interview that he was ready to pay even more if necessary

💸Biggest NFT Funding Rounds (So Far)💸

Later in March, Dapper Labs received 305 million dollars from a series of celebrity investors including NBA star Michael Jordan

As with NFT sales, the biggest NFT infrastructure investment dwarfs the others, and that’s SoRare’s 532-million-dollar funding round

📊Top NFT Trends📊

One of these are NFT virtual worlds such as The Sandbox and Decentraland. Another is NFT based gaming, something popularized by Axie Infinity

🔎Next NFT Trends🔎

When it comes to where the NFT industry is headed next, my bet is on decentralized video and media, possibly even social media. Projects to watch here are Theta, Livepeer, Audius, and Aave

⚖NFT Issues, Taxes, Regulations⚖

For starters, there is a possibility that NFT companies could get rekt by regulators. This is because some NFTs could fall under the umbrella of a security according to the SEC

Another concern around NFTs involves their effect on the climate given that most of them are minted on Ethereum which is currently a proof of work blockchain that uses a lot of energy

A more pressing issue around NFTs involves taxation which has been the talk of the town these days with that infrastructure bill and its crypto tax clause

🤔What Do You Get When You Buy An NFT?🤔

As explained by lawyer Jeremy Hogan, this ultimately depends on the NFT in question. Usually, buying an NFT only gives you the right to view it, show it, and sell it

Sometimes there are legal limits on how much you can sell your NFT for on secondary markets, which is apparently the case with CryptoKitties

What’s interesting is that the intellectual property rights for the NFT are automatically given to the NFT creator unless explicitly given to the buyer in the conditions of the smart contract

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#NFT #crypto #collectible #topshots #cryptopunk #beeple #Ethereum

source

18 thoughts on “These NFTs Are OFF THE CHAIN!! Sector Update 💯

  • August 25, 2021 at 12:39 pm
    Permalink

    Bitcoin Bots!!! On Opensea! Get an account and grab them now! Thank me later

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    Can you make a video on Curio Cards? They pre-date CryptoPunks and are having a Christy’s auction soon.

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    I think right now about taking part and supporting STUD token for a long-term time
    cause this is a segment of online education that is growing this year for sure
    🙂 The platform revolutionizes learning by putting top educators, coaches, and
    experts in front of every student. One of the best parts is that encourages
    students with NFT rewards system. #studyum

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    Thank you so much of your videos @coinBureau! have you consider making a video of VEVE digital collectibles ? Its getting a lot of noise in the NFT world, big licences are involved like Marvel, DC, etc

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    The NFT rave is maddddd and insane. I have a few of em In my portfolio on Atomic wallet. I feel the run will be around for a while.

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    Cryptoduckies are taking off!! Still very undervalued!!

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    $Hoge update 08.18.2021 Do not tell me I did not tell anyone about this Project

    Here's your weekly update! EXTREME BULLISH ALERT. Remember the information inside here may change so please come back and re-read until the next post is up next Monday after Hayden's (our Chief Marketing Officer) weekly AMA.

    *Stages of Progress*

    I am going to try a new method to quantify progress on projects. These are *rough* estimates but I hope this helps you see the relative progress that is being made on these projects.

    1. Stage 1 – Concept. An idea was proposed and is the initial building stages. A project manager is being vetted, ideas are being fleshed out and research of the subject matter is being done.
    2. Stage 2 – Planning and Development. A project manager has been selected, funding is sourced or being sourced, a team is being assembled and a framework is being made.
    3. Stage 3 – Building. Code (or otherwise) is being written and the the actual digital nuts and bolts are being created.
    4. Stage 4 – Testing. The framework is done but is going through thorough verification and validation. Audits will happen at this stage too if needed.
    5. Stage 5 – Minimum Viable Product. An alpha version has been created. There are bugs to sort out but a workable project is now available.

    *Updates on Existing Tech Projects*

    1. NFT Marketplace (Stage 2)

    1. Project Mangers: Reconlion & Mesh. Big progress being made and building is expected to commence shortly. Small teams are expected to be recruited soon to do further testing and research.
    2. Hoge Faucet (Stage 3)

    1. Project Mangers: Hogeman. The purpose of the faucet is where anyone can go around to a special website or platform and obtain "free" Hoge via redistribution. Think of it like a watering hole.
    3. eGaming arcade (Stage 3)

    1. Project Managers: Stripey & Zembahk. More building happening and there are already some sampling of games at [https://hoge.fun/](https://hoge.fun/)
    4. Hogemint Version 3 (Stage 4)

    1. Project Managers: Hogeman. There will be some exciting new NFT templates to show off when this is launched!
    5. HAI Space Program (Stage 3)

    1. Project Managers: Hogeman & Aloe. Hogeman himself will post updates for this project but needless to say there is some VERY exciting new developments that will go well beyond just crypto.
    6. HogeSwap (Stage 2)

    1. Project Managers: Wiser & Z. We are holding this close to the vest at the moment but we have a dedicated number of developers working on this at the moment.
    7. HogeBridge (Stage 3)

    1. Project Managers: Wiser & Hogeman. Further coordination with AnySwap and other devs is being worked on to make a huge extension to the bridge that we already have.
    8. HogeWorld (Stage 2)

    1. Project Managers: Shark & Carrster. This project is being run in parallel, please visit [https://hogeworld.com/](https://hogeworld.com/) for further details.
    9. HogeStarter (Stage 1)

    1. Project Managers: TBD. A community-based, DAO-powered, governance token utilized way to propose ideas and get funded for them.
    10. Hoge ATMs (Stage 1). Project Mangers: TBD. Wouldn't it be neat to be able to get Hoge from ATMs?

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    i miss the conclusion chapter that used to be at the end ;(
    thank you for the great videos!

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    Which Coín should I buy to benefit from tokenization? Is there any coin built to ease companies get their own token (or something like this). Thank you and so grateful for your videos

    Reply
  • August 25, 2021 at 12:39 pm
    Permalink

    Get Richie, One of the Best low cap crypto NFT/Game 3D worldplace project with passive income !!! Birth of true GEM 💎 part of FEG ecosystem and trending on cmc next to Axie Infinity right now ! LFG 🔥

    Reply

Leave a Reply

Your email address will not be published.