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

Why is it a good idea to sell your NFT Market through Tech Faktory

 NFT Market With Digital Token:

Tech Faktory offers holistic solutions consisting of both technical and marketing support services for building and selling NFT Market with Digital Token to prospective buyers across the globe. 

1. Non-Fungible Tokens (NFT Market): A new rage in Crypto Industry:

Non-fungible tokens (NFT Market) are increasingly becoming the mainstay of the crypto industry. These are digital assets that are unique and can’t be interchanged with something else (hence called non-fungible).The example of NFT include painting, art, music, photograph, podcast, Tweet, or a meme. The primary advantage of NFT India over other Digital Token items is their uniqueness. Unlike other digital art that can be altered, modified, and reproduced endlessly, NFT are unique and one-of-its-kind with exclusive rights of ownership to a specific person.

NFT are based on the same blockchain technology on which the entire working mechanism of cryptocurrency is based on. Just like the digital coins are mined, the process of converting digital objects into NFT is known as the minting. Minting of NFT is carried out with the help of blockchain technology and results into publishing unique token offering the exclusive identity, immutable characteristic, and digital immortality to owners.

2. NFT: World of Enormous Possibilities

NFT have indeed opened a new world of possibilities for creators, artists, sportsmen, and actors among others. People from all walks of life are experimenting with NFT and finding these digital assets an incredible way to connect with their fans, communities, and admirers. Take, for instance, the famous Argentine player Lionel Messi. Messi has recently announced the collection of his own NFT created by an Australia-based designer, the Boss Logic. The move is expected to rake in billions of dollars of revenue for the star footballer who compared the art and football with eternity while announcing the launch of his NFT collection. From the entertainment industry, we have recently witnessed Amitabh Bachchan launching his NFT collection based on the theme of his life. Earlier in the year, the Chief executive officer of Twitter and Square, Jack Dorsey, sold his first tweet as NFT for more than $2.9 million and the list goes on.

3. Tech Faktory: A platform with Holistic NFT Logo solutions

The selection of the right platform isthe most important decision when it comes to developing and launching the NFT Logo. An ideal platform must help clients to complete the journey of NFT launch — right from the process of development to stage of selling it on marketplace — in a completely smooth, transparent, and hassle-free manner. In commercial space, many agencies claim to offer competitive NFT services although the holistic approach adopted by Tech Faktory makes it the best agency in India to develop and launch the NFT Logo. Counted among the top digital marketers in India, the platform comes with a holistic solution for NFT including offering both marketing and technical services to prospective clients. No wonder, Tech Faktory is regarded as the best Best digital marketing agency in Gurgaon that offers one-stop solution for all your NFT needs.

4. Marketing Services to nail Target Market

Amidst the wide scope of digital marketing in NFT domain, Tech Faktory specializes in developing a complete marketing strategy for attracting customers from all over the world for purchasing your unique digital asset. The platform is run by a group of professionals specially trained in creating, minting, and mining NFT. The team is also apt in conceiving the marketing strategy that will help you to effectively target and position your NFT to the appropriate set of prospective buyers. Further, you can use the services of the top digital marketing agency in Delhito select the right marketplace for selling your NFT. This is particularly important as choosing right marketplace is essential to find favor among the prospective buyers. Moreover, Tech Faktory also offers the NFT safekeeping services for safe and secure storage of your digital arts.

5. Technical Solutions to soar high

On the technical front too, Tech Faktory boasts unparalleled competence. Whether you want to create NFT store for your private collection or want to develop NFT Marketplace, Tech Faktory has a range of solution to choose from. Each of these solutions are specifically based on the requirements of individual NFT projects which enhance the overall business prospects of the projects. Even the platform offers the services of creating NFT Airdrop event which can greatly enhance the sales potential of the digital art among the prospective buyers.

6.Conclusion

Tech Faktory has carved a place for itself by offering world-class NFT solutions to its clients across the globe. The platform offers extremely competitive services and the best part is the cost-effective nature of these solutions. Its exceptionally skilled team has many renowned clients/projects to its kitty and with more than a decade-long experience in the domain, the company is an ideal platform to create and sell your NFT  to customers around the world.

For more info: https://techfaktory.com/non-fungible-token-marketing-portfolio/

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