AnyNFT - NFT Podcast

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2022 is anticipated to become the year for not fungible tokens ( NFTs). With an estimated value of $40 billion, the global market capitalization of NFTs is gaining ground towards the total global art market at $50 billion. But one of the potential most essential markets for NFTs -- India, faces some difficulties with its teeth. Indian experimentation using NFTs has been increasing over the past eight months. In June 2021, WazirX, the most prominent cryptocurrency in the Indian exchange, announced an NFT marketplace primarily for Indian musicians. Since then, several Bollywood stars and sports personalities have been launching NFTs. The most significant global NFT sales to date that of the Beeple deal, worth $69m Beeple sale, was acquired by a buyer with Indian from India, Vignesh Sundaresan, also known as MetaKovan. Strangely, Indians haven't yet started buying into NFTs yet. This episode is also available as a blog post: https://anynft.in/2022/03/06/why-india-isnt-buying-nfts-in-2022/

The trend of cryptocurrency has been quite a bit this year. As COVID-19 rapidly spread throughout the globe, many people who work from home have begun to put their money in cryptocurrencies following the excellent yields this market can provide. In the last couple of years, as the cost of Bitcoin and other cryptocurrencies soared, many people began to invest in cryptocurrency. The cryptocurrency boom is spreading to India, with millions of Indians beginning to invest in cryptocurrency using crypto exchanges like WazirX, Coinswitch and many others. Several new crypto exchanges, including CoinDCX, Zebpay and many others, have opened in India in the last year. We'll compare two deals-- CoinDCX and WazirX, and will help users decide which is the most suitable for these exchanges. Download CoinCDX from here to explore benefits. https://clnk.in/rsM1

NFT is a gimmick. Do not buy NFT before listening this.

This episode is also available as a blockchain post:  Read Here Web1 was designed to serve as a “hyperlinked information system “ A vast collection of information comes into an online display of computers across the globe that users can browse through by clicking on hyperlinked images and text. Thirty years on, three billion people now can access a more extensive and faster Internet powered by massive data centers. The method we browse is much the same. In the beginning, the Internet was not a mainstream technology used mainly by academics. The widespread acceptance of the Internet began just five years later and was facilitated by browsers like Mosaic and Microsoft Internet Explorer. Before that, there were just some content creators on Web 1.0 with a vast majority of content users.

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Think about this scenario. It's eight hours into the evening and an announcement that, from now to the present, it will substitute all rupee currency with electronic money called CBDR, which is short of Central Bank Digital Rupee. The public is not in a panic, and they are given a week to go to an office that is part of the Reserve Bank of India (RBI) or any other public sector bank to swap all their currencies for digital rupees. There will be no questions. Authority will create a new account through RBI based on an Aadhaar number and PAN card information. The amount will be transferred automatically to the fund for access via the registered mobile phone. The process will only take several minutes, and then one will be able to exit the bank with cash in their mobile. Does this sound like a dream? It might sound just as good as it does, but it's possible. Join Digital Rupee https://digitalrupee.ind.in/

How can you earn passive income using NFT stakes? Non-fungible Tokens ( NFT) are digital assets that signify the ownership of an intangible or tangible asset and therefore are stored of worth. The rarer an investment is, the more costly the NFT. However, the most important thing is that they're blockchain-based assets that you can trade just like other cryptos to earn substantial gains. NFT is the buzzword for the year, and it's not just a metaphor. Collins Dictionary named it as the 'word to watch this year.' However, NFT has been gaining traction not only because it's the first to offer proof of digital asset ownership but also because it can generate high yields. For instance, the WhenStaking platform from Onessus Blockchain Systems based out of the US has $2 million of its currency of origin, VOID, locked in 9,000 staked NFTs in the first month after its debut. The value of these NFTs is now $3 million. What exactly is NFT Staking, and how do they earn these high returns? Let's take a quick look. This episode is also available as a blog post: https://anynft.in/2022/01/30/how-can-you-earn-passive-income-using-nft-stakes/

The NFT Metaverse: Building A Blockchain World. At the beginning of the week in November, thousands of participants, along with speakers and vendors, assembled on the streets of Midtown Manhattan for the third annual NFT.NYC conference. The diverse crowd of gamers, investors as well as programmers, artists, and crypto enthusiasts took part in panels, talks and parties afterward, all focused on the growing and lucrative new trend that is sweeping the world of blockchain technology called the NFT token, also known as a non-fungible one. Although it is a relatively new technology, NFT technology establishes ownership of digital assets. It has been the most well-known (or famously) utilized in digital art. However, this year's conference offered the added benefit of a fresh perspective. There was a clear focus on making the most of NFTs, and many believe the future is due to their role as building blocks for the next generation of internet technology, which is referred to by the name web 3.0, also known as "Web3." Ultimately, the combination of these platforms and NFTs is anticipated to result in a vast, decentralized digital world dubbed"the "metaverse." This episode is also available as a blog post: https://anynft.in/2022/01/27/the-metaverse-nft-building-a-blockchain-universe/

The term "DeFi" (or "decentralized finance") is a broad term that refers to financial services offered on public blockchains, particularly Ethereum. With DeFi, it is possible to do all the things banks provide, such as earn interest, lend, and borrow to purchase insurance and trade instruments, derivatives, and many more. But it's much faster and doesn't need documents or a third party. Similar to crypto generally, DeFi is global, peer-to-peer (meaning directly between two parties and not governed by an uncentralized system) as well as pseudonymous and accessible to everyone. This episode is also available as a blog post: https://anynft.in/2022/01/26/what-is-defi-what-is-the-buzz-about-defi/

The huge Facebook interruption caused massive interruptions in the past but revealed how the focus is moving away from gated, centralized platforms. Centralization is a single cause of failure. It was clear yesterday when Facebook's entire operations, including its subsidiary sites Instagram and Whatsapp up to the physical facility, were down for five hours. The technical glitch, resulting from a routing problem in the insular layers that comprise the web, was an opportunity to reflect on how interconnected the internet is in "nearly every facet of existence," New York Times reporter Raymond Zhong wrote. There were interruptions to newsmakers, retailers' medical facilities, and even religions worldwide. The crypto-savvy influencers used the occasion to take shots at the social media giant that is centralized. This outage strengthens the argument for decentralized alternatives that could provide more security or allow users to control their data and transfer it to another platform at any time they'd like. This episode is also available as a blog post: https://anynft.in/2022/01/25/web3-is-where-the-young-people-are-colonizing/

The worldwide NFT market is estimated to be worth about $14 billion. Digital artworks, photos, videos, memes, game products, and others are purchased and sold through NFTs. The blockchain-based system is introducing the concept of ownership in a completely new way that allows anyone to have ownership of nearly anything due to digital tokens. This episode is also available as a blog post: https://anynft.in/2022/01/25/nfts-are-swallowing-up-all-of-the-internet-memes/

Will Offering More Payments Choice Help Bring NFTs Into The Mainstream? Some believe they are Non-fungible Tokens ( NFTs) are just a trend. In the end, as the old investment maxim says: price refers to what you are paying for it, the value you receive. In the last few months, we’ve seen thousands of dollars spent on artwork. According to reports by the digital artist, Beeple has sold the NFT work for $69million. In addition, the first tweet of Jack Dorsey’s first tweet was sold, in NFT form, for nearly $3 million. This episode is also available as a blog post: https://anynft.in/2022/01/24/will-offering-payments-options-help-bring-nfts-into-the-mainstream-2/

Imagine waiting for over 100,000 people in line to sign up for something which does not exist. That’s what happened before the announcement of GARI, the NFT marketplace operated by TikTok, a clone of Chingari that promised everyone who signed up for the minimum amount of $100 the chance to earn gains that they had never seen before. GARI is the first NFT marketplace powered by social media platforms. It is built in the Solana blockchain and runs its own cryptocurrency, GARI GARI. It gives users the possibility of empowering the creators they love and control the platform. This episode is also available as a blog post: https://anynft.in/2022/01/25/the-indian-states-nft-position/

China's crackdown on mining cryptocurrency could be a chance for enthusiasts of electronic currency in India. However, a lack of infrastructure and regulations could hinder these people from being too optimistic. In May of this year, China has been restricting cryptocurrency mining to cut carbon emissions, stop money laundering, and ensure financial stability. The country has prohibited the payment and banking industry from offering digital coin services, arrested numerous people involved in transactions involving cryptocurrency, and suspended cryptocurrency-related accounts on Weibo. In India, the cryptocurrency industry is booming. But when it comes down to mining, India remains a bit behind. "As an emerging crypto-market, India hasn't made the same strides to the extent that other countries have because of the uncertainty in regulatory regulations. It's in its early stages," said Nischal Shetty, the co-founder, and CEO of Indian cryptocurrency exchange WazirX. This episode is also available as a blog post: https://anynft.in/2022/01/23/bitcoin-mining-in-india-is-it-possible/

Five NFT market places that might take over OpenSea in 2022. OpenSea was a massive success as the leading NFT market in 2021, despite criticism from the community. Here are five competitors that might be able to surpass it in 2022. OpenSea is the most popular decentralized platform used by users who want to buy, mint, sell and trade non-fungible tokens (NFT). Serving more of an NFT aggregate as opposed to a gallery, OpenSea has locked the market at $3.25 billion in revenue for December, according to data from Dune Analytics, and from December 2020 through December 2021, the total volume grew by 90,968%. A frequent target of contention and criticism, OpenSea is not without its share of pitfalls and mishaps. The most notable was that the ex-head of products, Nate Chastain, was found using confidential information to advance and make money by selling the platform’s top page NFTs. After the newly appointed Chief Financial Officer Brian Roberts hinted at going public, the people were valued. But, he quickly reiterated that OpenSea is not planning to announce a public offering shortly. OpenSea could be the most popular NFT marketplace in terms of transaction volumes in the present, but by 2022, there will be some competitors looking to take over the huge. Below are the top five NFT markets that could remove the leading contender from its place in the upcoming months to come. This episode is also available as a blog post: https://anynft.in/2022/01/22/five-nft-market-places-that-might-take-over-opensea-in-2022/

Cryptocurrency is also known as crypto. It can refer to any digital or virtual currency and uses cryptography for transactions. Cryptocurrencies do not have a central issuing authority or regulatory authority. And instead, they use a decentralized system that records transactions and issues new units. What is cryptocurrency? The digital payment system cryptocurrency doesn’t depend on banks to verify transactions, and this peer-to-peer payment system allows anyone to send and receive payments. Cryptocurrency payments are not physical money that can be carried around or exchanged in real life, and instead, they are digital entries to an internet database that describes specific transactions. The transactions you make with cryptocurrency funds are kept public, and Digital wallets store cryptocurrency. The cryptocurrency was named because it uses Encryption for verifying transactions. Advanced coding is used to store and transmit cryptocurrency data between wallets and public ledgers, and Encryption is intended to protect and ensure safety. Bitcoin was the first cryptocurrency, and it was created in 2009 and is still one of the most well-known. The main reason for cryptocurrency interest is to make money, although speculators can sometimes drive prices higher. India announces its first own Digital Rupee . What is the working principle of cryptocurrency? Blockchain is a distributed public ledger that records all transactions and is maintained by currency holders. Mining is the process that creates cryptocurrency units, and it involves computing power to solve complex mathematical problems. You can also purchase the currency from brokers and store them in cryptographic wallets. You don’t own any tangible items if you have cryptocurrency. You hold a key that allows the transfer of a record or unit of measure between two people without the involvement of a trusted third party. This episode is also available as a blog post: https://anynft.in/2022/01/21/what-is-cryptocurrency-and-how-it-works/

This episode is also available as a blog post: https://anynft.in/2022/01/21/is-cryptocurrency-ban-in-india-in-2022/ The government’s position on digital assets has changed significantly over the years, from an outright ban in 2016 to a pending Bill for regulation. The Cryptocurrency Regulation of Official Digital Currency Bill 2021 differs from the previous one, ‘Banning of Cryptocurrency Regulation of Official Digital Currency Bill 2019,’ The older law attempted to ban all crypto-related activities, including buying, selling, mining, and holding. However, the new one will distinguish its frequently used categorization of currency. There is currently no ban or regulation on cryptocurrency use in the country. Supreme Court Order of March 2020 reversed the order of RBI banning banks from supporting cryptocurrency transactions. This episode is also available as a blog post: https://anynft.in/2022/01/21/is-cryptocurrency-ban-in-india-in-2022/

This episode is also available as a blog post: https://anynft.in/2022/01/20/what-is-the-metaverse/ The metaverse is the concept of a permanent, online 3D universe that blends various virtual environments. It can be thought of as a futuristic version that of internet. Metaverses will enable users to collaborate, meet with friends, play games, and socialize within these 3D worlds. The metaverse hasn't come into existence, but certain platforms have elements that resemble the metaverse. Video games offer the closest experience to the metaverse to the one available. The developers have challenged the boundaries of what a gaming can be by hosting events in game and by creating virtual economies. This episode is also available as a blog post: https://anynft.in/2022/01/20/what-is-the-metaverse/