The latest in notary, Apostille, and business news from New York, NY.
Cryptocurrency is all the rage today with entrepreneurs dabbling into it as a full-time gig or a side hustle. Thanks to the incredible growth of Bitcoin and other cryptocurrencies, they continue to rise in popularity in the digital economy rivaling traditional money in terms of value and efficiency. Though the cryptocurrency industry is still in its early days, there are however many making money with cryptocurrency.
Read MoreThe proliferation of the world of Non-Fungible Tokens (NFTs) has grown beyond art, GIFs, video game items, virtual real estate, and collectibles to now include NFT music. Now musicians joining the fray are standing to make millions of dollars by selling digital versions of their art and music.
Read MoreNo NFTs are not a pyramid scheme they are a medium through which people trade digital assets through the use of cryptocurrency. NFTs are decentralized, limited in number, and have smart contracts. If you own NFTs, the value of NFTs comes from their scarcity just like real-life fine art and also have the potential to appreciate over time. NFTs can also be programmed by their owners to help generate royalties for them as well.
Read MoreNon-Fungible Tokens (NFT) are interchangeable digital assets traded over the internet. NFTs are generated and traded in cryptocurrency which is digital cash with an encrypted key often in the form of a random string of numbers. NFTs are popular today because they offer a unique marketplace for digital assets with even companies creating their own NFTs as part of their marketing mix. Besides these NFTs allow users a flexible way to store, control, and protect the information related to their identity. NFTs creatives can also receive royalties from their NFTs and receive a percentage of future sales of their NFTs.
Read MoreThe digital collectibles known as NFTs or non-fungible tokens managed to generate $24.9 billion in sales in 2021, according to Reuters. And by all accounts, 2022 looks to surpass that total as sales volume has surged to several billion dollars in January alone. If you are looking to learn how to make an NFT, the process is not that difficult. It is coming up with the right token that is hard. After all, there are millions of NFTs in the market, and very few of them make it big. Are you in the NFT market, and do you know how much the most popular tokens are fetching these days? From thousandths of a penny to millions of dollars the price of NFTs run the gamut. And each new minting has the potential to deliver greater returns if it is popular enough.
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