Crypto Academy Week 12 - Homework Post for @levycore
I am okoyeclinton400 from Nigeria I have studied about NFT(Nonfungible Token) before and learn in about it previous lesson I learned how to buy and sell NFT in OpenSea Market place in today lectute where we are ready to mint and sell our very own NFT's and teacher @levycore describes everything in details
Rarible is a marketplace where we mint and sell.
Rarible (NFT) Marketpalce:
Rarible is one of the best marketplace for buying and selling NFT's, here you'll be able to mint NFT single or multiple and put them on sale effortlessly in just a couple of steps. Rarible market has more than 60k month to month visitors and has a total of $24 Million of trading volume concurring to their 2020 yearly report.
They have a $RARI token of the platform because it is utilized to compensate dynamic users and for partaking within the administration of the Rarible protocol. they are giving 75,000 $RARI tokens to dynamic clients based on different factors like NFT's holding and past trading volume these tokens all dispersed among both buyers and sellers.
How to Buy NFT in Rarible
Firstly Access the the Rarible marketplace: https://rarible.com/
Secondly, you need a crypto wallet and need to connect to this market for buying NFT, you'll use any wallets they are supporting for buying I'm utilizing Metamask:
Now select the Nft you want to buy
You can see all the necessary mentioned in the platform screenshot.
If you want to buy press the Proceed payment button.
I do not have the funds to buy this Nft right now in the instructional article.
How to Sell NFT to Rarible
Firstly connect your wallet like how it was done in the how to buy Nft in Rarible section
If you are in the home page click on create button on the top of the home page
Here you can see single and multiple options for creating NFT I'm going to create a single NFT.
Presently here you have got to transfer pictures or gifs and other files, Rarible supports PNG, GIF, WEBP, MP4 or MP3 records and you'll transfer up to 30mb record here I have included illustration picture here.
Presently we need to select a prize for our NFT I have set a 0.1 ETH fixed cost they will deduct a few expenses at whatever point somebody buys this NFT and chose collection which to you need default is Rarible.
Now add the following
- Title: it will be Shown on top of your NFT
- Description (Optional): Describe your NFT
Now you need to hit the create button you will see this screen
+Approve
- Sign Mint transaction
- Set Fixed-price
All these things will be done by Metamask and you have got funds in your wallet, in my case, I do not have stores, after this, your NFT will be listed and accessible for purchase at your settled price.
Merit of the Rarible market
- Rarible market users increases on a daily bases
- Rarible marketplace runs on the top of Ethereum Blockchain.
- Rarible provides trusted parties you can buy Nft from.
Demerit of the Rarible market
- Rarible is on the ethereum blockchain which means fees are high
- Rarible website is slow when it comes to loading up the website which will waste time and cist mistakes.
Conclusion
I see NFTs staying for ever and not in a bubble because it fixes one of the biggest problem in Entertainment industry which is piracy any way thanks for reading @levycore
Hi @okoyeclinton400, thank for submitting your homework
Feedback: Plagiarism is strictly not allowed in Steemit. You have stolen content from @farhanali
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cc : @endingplagiarism
Could you confirm that it's the image that's been copied or more please?
This is the original post https://steemit.com/hive-108451/@farhanali/crypto-academy-week-12-homework-post-for-levycore
@sapwood - what is the status of this person as they have already had at least one offence before...
Okeyoclinton, Okeyomaka, and Okeyojoshua-- all these three are repeat spammers and interestingly they all post at the same time. The pattern, the style of plagiarizing, etc all are the same.
Thank you.
This content appears to be plagiarised as indicated by @levycore.
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