NFT market / Cryptocurrencies / Techfaktory

 With raging popularity, non-fungible tokens (NFT market) are fast becoming the new face of revolution heralded by cryptocurrency and blockchain technology.

 1.What Is NFT? 

Cryptocurrencies in India are experiencing renewed interest from prospective buyers. There are daily speculations on the best crypto to buy today with many experts constantly telling investors the best cryptocurrency to buy right now in the country.  In the larger ecosystem of cryptocurrencies, the Non-fungible tokens (NFTs) have become quite a rage in the last couple of years or so. Right from memes to music and from video games to tweets, NFT market is leading the tech revolution with billions of dollars being raked in from their sales. The reason behind the popularity of NFTs is not difficult to understand. People across the globe are recognizing that the future belongs to cryptocurrencies and hence, they are not shying away from making investments in digital coins and allied technologies such as Decentralized Finance (DeFi) and NFTs. NFT is quite popular in the NFT market India segment with countries witnessing rising interest in this category. 

2. What Is The NFT Market And How Is It Useful?

NFTs are digital assets that can take a variety of forms such as music, art, painting, video game, tweet, memes, signatures, etc. NFTs are underpinned by the same blockchain technology that powers the transaction mechanism of cryptocurrencies. NFTs are bought and sold digitally in the NFT Market and creators receive the money in digital coins.

There are many unique benefits associated with the creation of NFTs. Not only does this format of digital art ensure that creators get their fair due but it also ensures that ownership of the asset gets tracked in an absolutely safe and secure manner. Further, NFTs offer better flexibility when it comes to resale or future deals in the NFT market– with every subsequent purchase, the creator of NFT gets a part of the payment as commission. 

3. How to mint NFT?

In order to mint an NFT, the first thing the creator has to select is an appropriate blockchain network. There are different networks that support the minting of NFTs with some prominent names include Ethereum, Binance Smart Chain, Polkadot, Wax, EOS, and Tron. It is also equally important for creators to understand the capabilities of the selected network to support the transfer and the sales of NFTs across different blockchain networks. In other words, the selected blockchain network must have a robust ecosystem to support the NFTs sales and distribution in the NFT Market. 

In addition, the cost-effectiveness of the selected platform and its ability to offer attractive marketplaces for NFTs are also worth consideration. Ethereum and Binance Smart Chain are currently the most popular platforms for minting NFTs. These have gained popularity among NFT creators owing to their robust ecosystem and wider NFT marketplace capabilities.

4. How to convert your art into NFT and sell in the NFT market?

Creators need to set up a crypto wallet to start converting and selling their art through NFTs. The wallet will store the cryptocurrency that, in turn, will be used to create, sell, and buy NFTs on the chosen NFT market. The wallet is also required to create an account and safely sign in with the NFT marketplace. Some of the most widely used wallet services include Coinbase wallet, MetaMask, and Rainbow. 

After setting up a crypto wallet, creators need to top it up with some crypto balance. This top-up is required because creators have to pay a certain amount of fee in crypto to convert the content into digital art. Hence, maintaining balance in the crypto wallet for paying the fee is a prerequisite for the creation of NFTs. The third step in the creation of NFT is to select the NFT marketplace for creating and selling the NFTs. Making the right choice here is of utmost significance as the sales potential of your NFT depends significantly on the reach, popularity, and credibility of the marketplace. Hence, due diligence must be exercised while selecting the marketplace on which you finally decide to create and sell your NFT. 

5. Tech Faktory: A Leading Name In NFT Domain

There are a number of platforms that offer the NFT services but we suggest you choose Tech Faktory to create and sell your NFTs. The platform offers a one-stop solution for all your requirements related to NFTs and its holistic approach makes it a preferred choice among creators, buyers, and sellers in the NFT domain. Tech Faktory allows you to select from a wide range of services pertaining to both marketing and technology aspects of NFTs. This means the platform can help you to create, mint, and mine NFTs, make marketing strategies for your NFTs, build NFT stores and marketplace, and achieve NFTs sales on the marketplace. In sum, Tech Faktory can help you realize the vision of creating your own NFT and earn a handsome profit from it in the NFT market.

Conclusion:

NFTs are becoming the new face of the crypto revolution. These digital arts have allowed creators to unleash their creativity in almost all possible forms and domains of their interest. It’s probably high time for you as well to reconsider what arts mean to you and give it a shot by creating digital art and selling it in the form of NFT.

For more info: https://bit.ly/31dLM8q

Lead Management Process And Lead Conversion Things You Should Know

Lead Management Process And Lead Conversion: 

Counted among the top lead generation companies in India, Tech Faktory offers different types of lead generation services to clients. The first part of the lead management process is advertising and acquiring leads. There are many functions of advertising and it’s safe to say that nothing can be done until potential customers have been reached. Lead Generation is the process of attracting and converting strangers and prospects into someone who has indicated an interest in your company’s product or service. When a lead is captured, start tracking the activities and behaviour of that lead – the pages they are visiting, the forms they are filling, the time they are spending on your blog, etc. Basically, the Lead management process gives you valuable insights about your leads which you would otherwise not have.

With leads in the pipeline and interest from prospective buyers, the next key step in lead management is lead distribution. Lead management process allows companies to quickly capture leads and then intelligently route them based on a variety of factors. Not all leads are ready for sales contact, so either they need to be nurtured further before being handed to an inside or outside sales rep or, in the case of a channel-based organization, must be distributed to the right 

What Is Lead Nurturing?

Lead nurturing is the process of developing relationships with buyers at every stage of the sales funnel and through every step of the buyer’s journey. It focuses on marketing and communication efforts on listening to the needs of prospects and providing the information and answers they need.

Steps To Effective Lead Conversion:

1. Essential configurations & Setup

Before you start the first lead capturing campaign, we need to make sure the supported setup is there to maximize the effectiveness of the campaigns

2. Lead Acquisition

Our Lead acquisition strategy in the Lead management process is automated which ensures that each lead is fed into the system right at the point of origin, preventing lead leakage of any sort.

3. Lead Enrichment & Tracking

When a lead is captured, the lead management process would start tracking the activities and behaviour of the lead– the pages they are visiting, the forms they are filling, the time they are spending on your blog etc.

4. Lead Qualification & Scoring

Assigning scores to leads based on their profile helps to find qualified and unqualified leads quickly, thus saving time. These qualified leads are also called sales-ready leads.

5. Lead Distribution

Automate the lead distribution process to the sales team through CRM will make sure effective response time increasing throughput. 

6. Lead Nurturing

Lead nurturing, by definition, consists of consistently engaging the leads across multiple channels, by sharing content they find interesting. In Lead management process, lead nurturing plays an integral role since it ensures revenues. We follow lead nurturing best practices to ensure you get value. 

Visit: https://techfaktory.com/road-to-effective-lead-management-processes/

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