Free Airdrop: Catly Token for Binance Users

Catly platform is the world's first token that supports buybacks during the presale. Binance users can claim 500 CATLY TOKENS for free with auto staking, and the claimed airdrops will be unstaked after listing and the daily stake rewards are allowed to be sold or staked again.  There is information that Catly is likely to be listed on Binance Exchange so take the opportunity to mine Catly token now! Below are the steps to claim the airdrop: Step 1: Register by clicking the "Sign Up" button using Gmail and create a Password.  Click "CLAIM" at the top right corner and enter only your USDT (Bep-20) wallet address from Binance and tap submit.  Step 2: Without delay, go to your Binance Spot account to check the USDT or check the email alert sent by Binance.  Wait for the USDT to be sent to your Binance account, and check the USDT amount that was sent to your Binance account.  Step 3: Go back to the Catly website, you will be asked to enter the amount of USDT that

Non-Fungible Tokens, How to Create NFTs on Blockchain




NFT

Non-Fungible Tokens (NFTs) are radically changing ownership and exchange of rare collections, it is a cryptographic token that is recorded on a blockchain and can be used to prove the authenticity, ownership and provenance of anything, physical or non-physical. To understand a Non-fungible token on a blockchain, you need to understand what Blockchain is all about.

Non-fungible goods are irreplaceable, unique, and limited in quantity. These can also be represented on the blockchain via non-fungible tokens (NFTs). NFTs can represent artwork, collectables, memorabilia, and personal data. Other examples are gaming characters, digital identities, and certificates.

Non-fungible simply means that the token cannot be duplicated or swapped for anything else, when someone buys an artwork that is authenticated by an NFT, they are not actually buying the digital asset per se, but rather they are purchasing a digitally authenticated note stating that there is only one owner. Anybody can download a copy of the file or link relating to whatever asset the NFT is tokenising, but only the NFT's owner holds the contract stating their ownership rights. The NFTs declare you as the official owner.

How to Create NFTs

Creating NFTs is not that hard. Let's say you created a digital painting and you want to sell it as an NFT. The first thing to do would be to pick the blockchain you want to sell it on - Ethereum is the most popular one.

Some of the popular ethereum NFT marketplaces are OpenSea, Rarible and Mintable. Most NFTs are built using a consistent standard known as ERC-721 or ERC-1155 according to a Sept. 2020 article by nonfungible.com These marketplaces are simply an implementation of this standard and add your NFT to the ethereum blockchain.

The next thing is to upload your painting somewhere like google drive or the interplanetary file system (IPFS) which is a distributed file system. Then you go on some of the marketplaces and create a new NFT where you will need to connect your ethereum wallet (like Metamask) and fill up some details like the name and description of your work.

To round it up, your NFT needs to be minted. It means to add a block on the ethereum blockchain that says that the NFT you created belongs to your account. This action required modifying the blockchain and thus cost some "gas". Gas is basically the service charge to modify the blockchain. Listing your work on an NFT marketplace is not free, it cost some money.

So after that is done, your ownership of the NFT is added to the blockchain and anybody can verify it, and buy your work.

Non-Fungible Tokens List

Presently NFTs are now gaining attention from the public, but current use cases are limited when compared to their huge potential. In other words, it's in the early stage.

The above lists the top 10 NFT markets worldwide as of May 2, 2021, according to nonfungible.com.
Non-fungible tokens are a key component of a non-sovereign, borderless Web 3.0 economy. It's an innovation that is fairly new and in the years to come, best practices will emerge on what's possible.



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