We're living in a world where people are trading crypto-collectibles and other digital assets that have real-world value, but we're still figuring out how to make it work.
It's hard to believe that a decade ago, almost nobody had heard of Bitcoin. Now, there's an entire economy built around cryptocurrencies and blockchain technology.
2022 has seen the explosion of digital assets known as non-fungible tokens, or NFTs. These are usually pieces of art, but can take on all types of functionality with a house being recently sold and the NFT used as a proof of purchase.
The next big question: Where do you buy these things? Let's find out.
What You Need to Buy NFTs on the Internet Computer
So you want to buy NFTs on the Internet Computer?
Well, you're in luck. The best way to get started with buying NFTs is with a wallet that can integrate with your chosen marketplaces. Bitfinity Wallet is a great choice for this—it's easy to use and has a great interface.
Once you have your wallet set up, you'll need ICP to buy NFTs on the Internet Computer. ICP is used for transactions on the Internet Computer including buying NFTs!
About NFTs and NFT Marketplaces
NFTs, or non-fungible tokens, are a type of crypto asset that does not have the same value as another NFT. In other words, each NFT is unique and can't be exchanged for another token of the same type.
The reason why these tokens are so useful is that they allow users to own something that has real-world value.
For instance, if you have an NFT with a picture of your favorite pet on it, then nobody else can get that token unless they buy it from you (or someone who already owns it).
This is important because it means that NFTs can't be copied or stolen.
This protects users from fraud and makes their tokens more valuable than regular ones because they're unique!
Tips for Choosing an NFT Marketplace
If you're looking to build a portfolio of digital assets and want to invest in NFTs, you'll want to choose the best marketplace for your needs. Here are some tips for making sure that you pick a marketplace that is right for you:
Think About the Type of NFT You Want to Own
When choosing an NFT marketplace, the first thing you should consider is what type of NFT you want to own. Are you looking for a collectible? A utility token? Or maybe a security token?
The type of NFT you choose will depend on what kind of investor you are, as well as your needs and wants. If you're looking for a collectible, it's best to find one that has a limited supply and has some sort of scarcity factor.
This means that there are only so many tokens in circulation—and if more people want them than can be supplied, then the price will rise.
On the other hand, if you're looking for a utility token or security token—one that provides access to something like data or an opportunity to invest in real estate—then these types of tokens are more likely to appreciate over time because they represent something valuable outside of their market price (e.g., access).
Consider the Types of Coins the Marketplace Accepts
If you want to buy NFTs on the Internet Computer, you'll want a marketplace that supports ICP.
ICP is a type of coin that's been used as an alternative to traditional fiat currency. It's used as a way to pay for goods and services in the NFT world.
You can buy it with fiat money, and then use it on any NFT marketplace that supports ICP.
If you're looking to make sure you're getting a fair price for your NFTs and not overpaying because of exchange rates or transaction fees, this is especially important.
Double-Check the Platform's Security Features
One of the first things you should do when choosing an NFT marketplace is double-checking the platform's security features.
The reason for this is that if you're going to be trading digital assets with real-world value, it's important to know how safe your transactions will be. Some NFTs could be worth thousands of dollars, and if you lose them due to a hack or some other kind of security breach on the platform, that could be devastating.
So what should you look for in terms of security? Well, one good thing to check is whether or not the marketplace has had any issues in the past. If they haven't, it might be worth giving them a try.
However, if there are any reports of breaches or other problems, then that should definitely raise red flags for you!
Where to Find the Best NFTs: Top 3 NFT Marketplaces on the IC
As you may have heard, if you haven't already noticed, the world of blockchain and cryptocurrency is a fast-moving space. New platforms are popping up every day, and new tokens are being created by the minute.
So how do you find the best NFTs on these platforms? And how do you know which ones will be successful in the long run?
That's where we come in. We've done all the hard work for you—we've compiled our top three favorite NFT marketplaces on the IC platform.
If you're looking for NFTs on the Internet, Yumi is one of the best places to shop.
Yumi marketplace has been online on the Internet Computer scene for over half a year and has brought us a lot of hot NFTs. Since switching over from Distrikt's POD system in April, they've done over 8,000 ICP transactions. In August 2022, Yumi hosted the ecosystem's first Art Festival, which sparked some interesting developments in the art world.
During the festival, Yumi also launched a section for artists to work on their own development—so if you're an artist who only wants to make one or two pieces instead of a whole collection in order to sell them as NFTs, then Yumi is perfect for you!
In August 2021, the top three sales on Yumi added up to a total of almost 1000 ICP! This shows that there are some high-end collectors who shop there and also shows the momentum on the platform.
Yumi is a full-stack marketplace with low fees and fantastic customer service.
If you're looking for a place to buy and sell NFTs, you've come to the right place.
If you've got a Bitfinity Wallet and want to get your hands on some of the best NFTs out there, Entrepot is a great place to start.
The platform was made by Toniqlabs and is the first NFT market on the Internet Computer blockchain. The name isn't a mistake—entrepôt is a French word that means "port, city, or trading post where goods can be brought in, kept, or sold."
When ships were powered by wind power (yes, it's true!), trading hubs like this were very important because they allowed people to store their goods while they waited for the winds to change direction.
Entrepot works in much the same way: it's a trading hub where users can store their digital assets securely and trade them at will without involving any third parties.
You'll need a Bitfinity Wallet if you plan on buying or selling anything here—but don't worry; we've got everything you need.
The CCC Marketplace is another place to buy NFTs online.
Crowd-Created-Collectibles (CCC) lets you create original art and share the profits. It's a marketplace that lets artists and NFT stakers work together to create beautiful things.
There are other advantages to using CCC as well:
- The crowdsourced canvas is expanding fast.
- Sort by price (high or low), minting number, rarity score, or "recently listed" on secondary markets.
How to Buy NFTs on the Internet Computer
If you're a cryptocurrency expert, you probably already know about the hottest new trend in the industry: Non-Fungible Tokens, or NFTs.
These are special digital assets that are defined by their unique traits, which means they're not interchangeable with other tokens.
If you're new to blockchain and cryptocurrencies, We're here to help! Here's a guide on how to buy NFTs on the internet computer.
Buying ICP is the first step to buying NFTs on The DFINITY Foundation's IC blockchain.
To buy NFTs on The DFINITY Foundation's IC blockchain, you must first obtain ICP. You can buy ICP (Internet Computer Protocol) on one of many centralized exchanges (CEXs). Binance, Coinbase, and Kucoin are popular ICP exchanges. CEXs depend on your location.
CEXs are a great way to get started buying ICP because they're easy and convenient.
But they have some drawbacks: they're not as secure as decentralized exchanges (DEXs), they don't have as many features or options for trading and investing, and they don't offer tokens that aren't available on other exchanges.
Load Your ICP Into Your Bitfinity Wallet Account
If you want to buy NFTs on the internet computer (IC), you'll need to load your ICP into your Bitfinity Wallet account.
First, you'll need to transfer your tokens to an ICP-compatible wallet. We recommend our Bitfinity Wallet because it's integrated with Entrepot, Yumi, CCC, Ceto, and Gigaverse (look for Meme Cake and ICPVerse integration in the near future).
Internet Identity is one way the Bitfinity Wallet works closely with The DFINITY Foundation's products. The Bitfinity Wallet is ideal for DeFi because it supports the IC's ICRC-1 token standard, our IS20 protocol, and IC ledger tokens. BTC and ETH tokens will be integrated at the protocol level on the IC.
Once your ICP is in your Bitfinity Wallet, continue buying NFTs on the Internet Computer!
Connect Your Wallet to Your Marketplace of Choice
The Bitfinity Wallet is designed to work with any DApp. This means that it can be used as a universal wallet for all your DeFi applications: Yumi, Entrepot, and CCC. In order to use your new Bitfinity Wallet with these marketplaces, you'll need to connect them together first.
Find the Perfect Marketplace
You may be wondering: why would I want to use Yumi or Entrepot or CCC? Each marketplace has different features and choosing the one that best suits your needs will depend on what you're looking for.
Go to the NFT Sales Page and Browse Around
The NFT Sales page is your one-stop shop for all things related to the sale of non-fungible tokens.
Here you can find a directory of all the different marketplaces that accept NFTs, as well as their features and fees.
Read through what each platform has to offer and choose the one that best suits your needs.
Click on Your Chosen Project
You can choose from a wide variety of projects, and many are available in different forms.
Buy Your Chosen Project
Once you've chosen the project you're interested in and clicked on it, you'll be taken to a page that shows all of the details about that particular item.
You can see how many are currently being sold, as well as their price, category and rarity level.
NFT Creators to Watch Out For- InfinitySwap Partners
If you're new to the world of NFTs, or non-fungible tokens, you may be wondering which creators to watch out for. Well, InfinitySwap seeks to work with only the very best.
There are a lot of NFT creators out there, but not all of them are worth your time. So, here are a few of the best NFT creators that you should keep an eye on:
What's the deal with DKLORD89?
We're glad you asked!
DKLORD89 is a cool guy, and one of the IC OG artists. He's the one who made the 1000 OG Medals Airdrop on DSCVR, which is currently trading on Entrepot with over 60.2k ICP in volume. He is known affectionately as the 'drop king' and has enriched many people's lives with his art.
The internet has been a breeding ground for art, memes, and stories for decades. But how do you make something that is both an internet meme and real money?
Egido Val's IC Bucks is exactly what you need to start your collection of internet money. The project features a wide range of designs inspired by internet memes and stories, cryptocurrencies, and other forms of art. The best part? You can buy one now!
The project was originally sold on April 13th, 2022. There were 7777 pieces in total; they were gone in less than a minute. More than 123 thousand people purchased them at prices starting at 0.001 BTC per piece.
This is the perfect opportunity to get into cryptocurrency while also adding some unique art to your collection!
Where can you get the best value for your money? It's an age-old question that's been debated by everyone from your mom to Socrates. But there's one place where you know you're getting the best value: VRSTL Studios.
VRSTL has a great track record of selling out everything they release within minutes, and it's easy to see why: every line they've put out has gone up in value since it came out. Dragon Boots, for example, went from having a few ICP floor when it first came out to having a 35 ICP floor at the time this was written.
So if you want to get the most bang for your buck, check out what VRSTL Studios has to offer. You'll never regret it—unless you don't buy anything from them and then regret not buying anything from them because your friends were all buying things from them and now they're rich and happy while you're just... poor and sad?
The first online Real-Time Strategy game to use the latest blockchain technology is looking for investors.
Cosmicrafts is a game that uses tokens as the in-game currency and allows players to buy and sell NFTs (non-fungible tokens) that can be used to improve their characters' stats. The money will go toward developing more sophisticated and high-quality game assets, which they're calling "NFTs."
They're giving investors an incentive in the form of their first set of original, one-of-a-kind artwork NFTs. Each NFT is made by hand from its most beautiful game assets—starting with a technical drawing, then a rendering of a 3D model, and then stunning visual effects.
The Cosmicrafts RoadMap for Q2 2022 is an important step toward making the project more stable in the ecosystem. The new technology that the Internet Computer brings is a challenge for them.
So there you have it! The Internet Computer blockchain is here, and it's here to stay. If you're new to the world of NFTs, don't worry—it's a lot easier than it seems.
You can buy NFTs through an online marketplace like Yumi.io. You can also buy them directly from developers or other users on the blockchain.
And if you're wondering where this technology will be in 2023, well… I'll tell you: everywhere! It's going to be integrated into your daily life, whether you realize it or not.
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*Disclaimer: While every effort is made on this website to provide accurate information, any opinions expressed or information disseminated do not necessarily reflect the views of InfinitySwap itself.