Tag: NFT Projects

0x: Decentralized Trading for the Crypto Economy

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by 0x.

Traditionally, the financial system was governed by the country’s government as it used to determine the citizen’s economic freedom level. However, blockchain technology now presents an opportunity to create a decentralized global financial system free from the control of a single central body. It allows tokenizing of different forms of value, including fiat currencies, real estate, stocks, cryptocurrencies, debt instruments, and more.

Moreover, the blockchain market size in 2021 was valued at $3,757.49 million and is predicted to reach $190,682 million, which means its growing at CAGR of 54.7% during 2023-2030.

0x is an essential contribution to the tokenized world that has enabled parties to execute and settle token trades freely without any counterparty risks. Read further to uncover more insights about 0x company.

0x – Company Highlights

Company Name	0x
Headquarters	San Francisco, California, United States
Primary Industry	Financial Software/ Blockchain
Founders	Will Warren, Amir Bandeali
Founded In	2016
Website	0x.org

0x – About
0x – Founders and Team
0x – Startup Story
0x – Mission and Vision
0x – Trading Model
0x – Products
0x – Funding
0x – Partners
0x – Growth
0x – Competitors
0x – Future

0x – About

Based in San Francisco, 0x is a privately-held architect of web3 exchange infrastructure. It was founded in 2016 and is an open-source, decentralized exchange infrastructure for the emerging crypto economy. The company enables users to exchange tokenized assets of hundreds of billions of dollars across multiple blockchains.

0x powers multiple NFT projects, including Coinbase NFT, Trader, Gamestop NFT, Genie, and Proof of Beauty. Moreover, it is currently supporting 8 chains- Ethereum, BNB Chain, Celo, Polygon, Fantom, Avalanche, Arbitrum, and Optimism.

0x – Founders and Team

0x was founded by Will Warren and Amir Bandeali.

Will Warren

CEO of 0x, Will Warren has earned a degree in Mechanical engineering from UC San Diego. He worked in multiple research roles and was appointed as Technical Advisor for Basic Attention Token (BAT) before launching his own company. He has achieved a lot at a young age and won the Consensus 2017 Proof-of-Work Pitch Competition.

Amir Bandeali

Co-founder of 0x, Amir Bandeali has graduated from the University of Illinois with a degree in Finance. He held the role of the trading specialist at Chopper trading and DRW before becoming the CTO of 0x.

Since the launch of the company, the number of employees has increased to 119. Currently, the 0x’s board comprises four members and the team is composed of 32 core members, including engineers, designers, and researchers.

0x – Startup Story

Will Warren and Amir Bandeali shared a belief that all forms of value would be tokenized in coming years and thus, with this belief in mind, they came up with the 0x project in 2016. The main idea behind it was to allow developers and businesses to develop new markets for their tokens on major blockchains- Ethereum and Avalanche.

The startup was successfully launched in August 2017 by conducting an ICO that raised $24 million by selling half of the total supply (500M) of its ZRX token in 24 hours.

The multi-millionaire company also operates the decentralized exchange (DEX) aggregator Matcha- a platform that aids traders in optimizing costs by discovering the best prices across multiple platforms. Moreover, in April, it collaborated with Coinbase- the largest cryptocurrency exchange in the US.

0x – Mission and Vision

0x envision a world where all forms of value will be tokenized across public blockchains. Combined with a set of open financial primitives, the company is striving to build a transparent and efficient global financial system. Moreover, its mission statement states, “Build a tokenized world where all value can flow freely.” It truly believes that public blockchains can potentially act as a powerful equalizing force to the world.

0x – Trading Model

Based on smart contracts, 0x’s protocol enables the peer-to-peer trading of crypto tokens built on public blockchains. Crypto tokens can include fungible tokens (standard crypto tokens), non-fungible tokens (NFTs), and bundles with different types of assets. Makers and takers are two sides of the 0x ecosystem.

A maker places an order stating what he wants and what he can trade. Each order is shared with counterparties and 0x finds out the order price for the taker. The order is accepted by the taker. In last, the company verifies whether conditions are met and exchange the maker’s and taker’s assets.

What is 0x (ZRX)?

0x – Products

Its exchange architecture comprises orders that are executed on-chain through standardized smart contracts. Projects that use 0x are Paradex, Radar Relay, Ethfinex, and others.

0x Instant, 0x Launch Kit, 0x Mesh, 0x API, and AssetSwapper are the products used by consumers to conduct transactions like purchasing tokens or generating revenue for their businesses.

0x – Funding

Since it has the potential to grow in the future, 49 investors have invested their stakes in the company. Some of its investors are Alex Felix, Applied Crypto ventures, Fabric Ventures, ZMT Capital, Digital Strategies, and Coinbase Ventures.

The total funding amount that 0x has raised over 9 funding rounds is $109 million. The latest funding round was held in April 2022 – 0x Series B Round in which it raised $70 million with the participation of around 14 investors.

Date	Round	Number of Investors	Money Raised	Lead Investor
April 26, 2022	Series B	14	$70 million	Greylock
February 5, 2021	Series A	7	$15 million	Pantera Capital
October 19, 2020	Secondary Market	–	–	–
October 1, 2020	Venture Round	2	–	–
October 1, 2017	Venture Round	1	–	–
July 28, 2017	Seed Round	5	–	–
July 1, 2017	Seed Round	2	–	–
June 29, 2017	Initial Coin Offering	11	$24 million	–
January 1, 2017	Venture Round	1	–	–

0x – Partners

Over the years, 0x has partnered with ZetaChain, Zapper, MetaMask, CoinMarketCap, BlueBit Finance, Prysm, and Rari Capital.

0x – Growth

The estimated annual revenue of 0x in 2022 is $15.5 million per year ($130,000 per employee). The current valuation of this multi-millionaire company is $1.1 billion (April 2022). In addition, it has enabled the flow of over $182 billion in tokenized value across 53M+ trades, with over 5.6M+ users.

0x – Competitors

Some competitors of 0x are Hippo labs, OpenSea, MojitoSwap, Matcha, Uniswap, and ZKSpace.

0x – Future

Ox is planning to integrate new chains (including non-EVM chains), invest in cross-chain functionality, expand its support for NFT swaps, and provide more support to integrators.

FAQs

How does 0x support the growing crypto economy?

0x supports the growing crypto economy by providing a decentralized exchange infrastructure that enables peer-to-peer trading of tokens on the Ethereum blockchain without the need for a centralized intermediary.

What role do 0x tokens (ZRX) play in the ecosystem?

The 0x token (ZRX) is used for decentralized governance, protocol fees, and liquidity rewards on the 0x network. ZRX can also be used to pay transaction fees, as collateral for decentralized loans and margin trading, and to align stakeholder interests in the ecosystem.

March 13, 2023

Lepasa: Creating A Planned Metaverse Architecture for Real-World Aspirations
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Lepasa.

The global metaverse market size is projected to be worth 1 trillion by 2030. The next wave of digital disruption is clear. The days are not far when people will spend most of their time roaming in virtual reality. The metaverse encompasses different technologies, including virtual reality platforms, gaming, machine learning, blockchain, digital currencies, and more.

Lepasa is a Jaipur-based startup that is building digital asset-based ecosystem for business and customers. Read to know about Lepasa, its founders, the startup story and its growth

Lepasa – Company Highlights

Startup Name Lepasa

Headquarters Jaipur

Industry Digital Asset/Technology

Founders Ashish Agarwal and Alok Joshi

Founded 2021

Website lepasa.com

Lepasa – About
Lepasa – Industry
Lepasa – Founders
Lepasa – Name, Tagline, and Logo
Lepasa – The Idea and Startup Story
Lepasa – Products and Services
Lepasa – Customer Acquisition
Lepasa – Challenges Faced
Lepasa – Growth
Lepasa – Advisors
Lepasa – Competitors
Lepasa – Tools Used in the Company
Lepasa – Future Plans

Lepasa – About

Lepasa metaverse envisions an autonomous, cohesive & opulent digital economy in sync with the real-world use cases.

Lepasa is laying the foundation for the immensely potential digital asset-based ecosystem for content creators, businesses & consumers by developing a decentralised virtual world with numerous revenue generation opportunities.

Lepasa – Industry

The elements of a new digital age are converging at scale. The metaverse is the driving force bringing these elements together in a unified immersive experience. Users should increasingly be able to access a host of use cases, including commerce, art, media, advertising, healthcare, and social collaboration. A device-agnostic Metaverse would be accessible via personal computers, game consoles, and smartphones, resulting in a large ecosystem. Using this broad definition, the total addressable market for the Metaverse could be between $8 trillion and $13 trillion by 2030, with total Metaverse users numbering around five billion.

Lepasa – Founders

Ashish Agarwal – Co-Founder, Lepasa Metaverse

Ashish has been in Blockchain for almost a decade, He started his Blockchain journey with a handful of visionaries’ way back in 2013. Before venturing into blockchain, Ashish has been an entrepreneur for a long-term selling its enabled services. Before Starting Lepasa, he has been an integral part of the Blockchain development in India. He has developed multiple Blockchain-focused solutions ranging from digital custody to full-fledged exchange.

Alok Joshi – Co-Founder, Lepasa Metaverse

Alok has been in the IT consulting business for more than 2 decades. Ha has vast experience in consulting corporates like banks and large-scale government projects.

Lepasa – Name, Tagline, and Logo

Lepasa Logo

Lepasa is inspired by the Spanish term “Que Pasa ”? They named their immersive, realistic, sustainable project with real-world use cases “Le+Pasa” to make the audience believes that It happens.

Lepasa – The Idea and Startup Story

2021 has been crazy or we may say the craziest year for the Crypto community. DeFi & NFTs have stolen the show from top cryptocurrencies like Bitcoin, Ethereum, etc. It is such strong evidence that NFTs are bringing a massive number of “New Crypto Owners” to the industry. A scenario where a new user buying any crypto for the first time to buy NFT is too common nowadays.

They had started working on the “NFT” concept back in late 2020 when Cryptopunks were everywhere & the entire industry was in awe of the pixel arts. On that very day they had decided that if they are going to NFTs, it has to be something else, not just one another project in the crowd.

Being in Blockchain Tech for almost a decade, their seasoned & dedicated team suggested having an equal proportion of Tech & Art go ahead. Oh WOW! That was one strong statement that laid the founding stone for this world-class Fine Art 3D Game Ready NFT project.

They onboarded world-renowned Traditional Fine Art Artists, and CGI Artists and formed a strong bond with the Tech team. Even though NFTs have been one of the largest real-world use cases of blockchain and smart contracts to date, their adoption has been unidimensional. NFTs have been restricted to GIFs and JPEGs in popular culture, failing to incorporate the vastness the technology is capable of.

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Lepasa – Products and Services

Virtual lands are envisioned as spaces where anyone can go and hang out with their friends via a monitor or through their virtual reality headset. Eventually, enthusiasts expect metaverse real estate properties to support virtual structures, where users can build whatever they’d like. But contrary to the fact most of the existing options are either low poly, cartoonish, or tokenised games. It is difficult to think of a real, immersive experience in the current scenario.

Web 3.0 will lay the foundation for the phenomenal evolution of the Internet. That’s the reason the millennials are flocking into this, their expectations from metaverse could be immense in the context of enhanced experiences, gamification, and financial gains. True to the belief of web 3.0, they are adding a 3D layer to the existing model of the tokenised, low poly/2D version of the constrained metaverses. They are building an enthralling, immersive 3D visual experience. A planned Metaverse will provide immense opportunities to participants.

Lepasa – Customer Acquisition

They had worked day and night almost a year before launching their project, and they had worked a lot on launching it when there is a lot of demand and curiosity for the project, they had 200+ customers on the day of launch.

They have been working hard to sustain their early customers and at the same time gain more new customers. Their customer base is constantly growing in the last six months they have organically grown multiple X.

Lepasa – Challenges Faced

The most challenging part in such futuristic, comparatively newer concepts is mostly around finding the right resources/talent. They have been lucky on this part as they have been in this space for a long. Still, they too have to struggle while growing their team.

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Lepasa – Growth

Their Launch event was one of the most exciting and successful events so far, as mentioned above they had 200+ customers on day 1. They have been working constantly and their user base is growing constantly since.

The integration of blockchain technology with the real-estate could bring a revolution in the industry & will result in a lot of benefits including increased trust, enhanced loyalty, proficient data management, and access to real-time information. They have added a layer of state-of-the-art conceptualization & planning to bridge the gap between virtual & real. To create a Virtually-Real experience, it needs to perceive, conceptualize & planned as a real-world project.

Lepasa Metaverse is planned exactly like any state-of-the-art real estate project shall be planned and developed. Right from the ideation phase to town planning, they have followed real-world objectives & principles. At the ideation stage, they were driven by the idea of “Ikigai: The Japanese secret to a long and happy life” based on a study of the Blue Zones – the geographic regions where people live longer and have fewer diseases than anywhere else in the world.

Lepasa – Advisors

They have been fortunate to have the industry’s leading name in their core team & advisory. Their technical advisory associations include Polygon, FalconX, EPNS, etc.

Lepasa – Competitors

Some of the top competitors of Lepasa are:
- Decentraland
- Sandbox
- Cryptovoxels
- Somnium Space
Lepasa – Tools Used in the Company

Some of the tools they use in their company are:
- Ethereum Blockchain
- Blender
- 3D Studio Max
- Auto Cad
- Unreal Engine 5
Lepasa – Future Plans

Looking at the vast use cases and humongous possibilities with metaverse, they have been very careful and futuristic in their vision to develop such a solution that is relevant not just in the current scenario but also capable of serving the future phases of the business use cases.

FAQs

What is Lepasa Metaverse?

Lepasa Metaverse is a startup focussed on the developmnent of decentralised virtual world.

When was Lepasa founded?

Lepasa was founded in 2021 in Jaipur.

Who is the founder of Lepasa?

Ashish Agarwal and Alok Joshi are the founders of Lepasa.

Who are the competitors of Lepasa?

Top competitors of Lepasa are:
- Decentraland
- Sandbox
- Cryptovoxels
- Somnium Space
August 1, 2022
5 Ways You Can Make Money With Non-fungible Tokens (NFTS)
With the growing digitalization, a famous crypto trend is moving along. And that’s NFTs, Non-Fungible Tokens. NFTs are shining all over the internet. Through this, many creators and investors have made remarkable figures that have literally changed their lives.

NFTs began with 69.3 million sales, which broke over the internet and transformed the perspective of people towards these digital collectibles. Today, numerous people are getting on with NFTs. They are buying, selling, and investing tons in order to get the fancy outcome.

With such immense popularity of these crypto – NFTs, people are researching it more vibrantly. And on that note, we have presented this article carrying all the requirements information and ways to make money from NFTs. The world is growing and in order to keep up with it, you need to be smart and advanced. So, let’s get started with how to make money from NFTs.

What are NFTs?

Number of NFT Users in 2021

Before we move further with the ways to make money, let’s discuss what are NFTs?

NFTs are known as a collectible digital asset that carries value as cryptocurrency and art or culture. NFTs are elaborated as Non Fungible Tokens. NFTs are quite similar to Bitcoin and Ethereum. But, it’s a very distant form of crypto that can not be exchanged aka non-fungible.

The most significant thing about NFTs is that it is formed to store extra information, equalized above a pure currency and makes it into the vicinity. NFTs are classified into various exclusive parts, plus they can be formed in digital art form or music files, that can be easily sorted digitally and can carry a value. For example, you will get a JPG file instead of getting a physical oil painting on canvas.

Let’s move forward to understand how to make money with NFTs.
How to make money with NFTs?

Creating and Selling NFTs

OpenSea – NFT Marketplace to buy & Sell NFTs

If you are some sort of creator or artist and you want any of your work to monetize, then you can use them as NFTs. Basically, you create something and sell it as NFTs. Through this, you will increase your income. You can create original memes, music, audio clips, digital art, or any other.

This is a great chance for you to increase your income through your work as NFTs. Go, Get started with it!

NFTs Stake

In crypto, you can safely keep your digital assets in the form of a stake and allocate them to only those who are willing to manage their upkeep.

As in return, you will be rewarded with some share of the stake. Through this, you can win tons of rewards and inducements on numerous famous websites just by staking your NFTs.

Trading NFTs

NFTs Trading

Among the numerous ways, trading NFTs are quite popular. You can easily trade NFTs by selling and buying them in profitable deals. In fact, one of the creators has made 1,000 times more than their work’s initial price.

Although all NFTs don’t come out with the counterpart. As some of them hold a worth even higher than a million while some are as good as worthless. That’s why before getting started with your NFTs, you need to do a thorough analysis on where to trade and how.

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NFTs Games

NFTs also come with various games with advanced technology. Although NFTs games aren’t that much popular but with high potential as these have, they will rise pretty soon.

The gamers invest with tremendous fortune into virtual gaming. If any gaming company sells their potential game as NFTs, then this will bring enormous profit to the gamers as well as gaming companies.

Some of the NFTs game developers are known to be with the biggest ambitions towards the non-fungible tokens. Its in-game commodities are even more fascinating and are considered the future of the whole non-fungible technology. NFTs games carry a great future in hand with immense technology.

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Get into NFTs Startups

NFTs are known to have dozens of applications in several companies that hold the potential to transform the world. Therefore, investing in any of the NFTs startups is a great indirect way to earn money from NFTs crypto.

NFTs startups are growing vibrantly and are proven extremely innovative as well as promising. That’s why investing in these would bring great results to you.

Conclusion

In the upcoming future, NFTs crypto is going to rise even more brightly. It comes with various distinct applications that carry great potential in itself. And this is just the beginning of it. NFTs carry great potential but still, in the market, it does not have that much recognition and is very underrated. These are built with huge advancements and soon, they would be on the top.

Those who know its potential and capabilities are earning enormously. Celebrities are also promoting NFTs. These are making tremendous profits through NFTs. There are various ways through which you can earn by NFTs. And as we have listed those in the article, you’d find it very intriguing.

There’s still a long run for crypto, but with such growth and development, people are getting more and more attracted towards it. Stay tuned for more updates!

FAQs

What are NFTs?

NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.

What is the best marketplace to sell NFTs?

Some of the top NFT Marketplaces are:
- OpenSea
- Rarible
- SuperRare
Can anyone sell an NFT?

Yes, anyone can create and sell NFTs.

How to buy and sell NFTs for profit?

The most popular way is to buy an NFT at a low price and then sell it at a higher price for a profit.

How to make money with NFTs?

Best 5 ways to make money with NFTs are:
- Creating and Selling NFTs
- NFTs Stake
- Trading NFTs
- NFTs Games
- Get into NFTs Startups
May 12, 2022
List of Bollywood Celebrities Promoting NFTs and Cryptocurrencies

From newspapers to radio, it’s almost impossible to have not come across the term “crypto” in today’s world. Tv channels and social media is filled with ads about cryptocurrency endorsed by the most prominent personalities in the movie industry. So, what is crypto, and why do such big names endorse it and have those big names invested in them too?

If you’ve been wondering about these questions on your mind, you’ve arrived at the right place. Let’s take a look at what cryptocurrency and NFTs is and whether any of our favourite Bollywood celebs are promoting this emerging trend.

What is Cryptocurrency?
What is NFTs?
How to Purchase NFTs?
Bollywood Celebrities Who Have Invested in Cryptocurrency or NFT
FAQs

What is Cryptocurrency?

Bitcoin

Though the phrase cryptocurrency is well-known, not everyone comprehends what it is and how it functions. So, let’s commence with a primer on cryptocurrency.

A cryptocurrency is a digital or virtual currency secured by encryption, making counterfeiting or double-spending practically impossible. Many cryptocurrencies are autonomous networks built on blockchain technology, a distributed ledger enforced by a network of computers.

Under the pseudonym, Satoshi Nakamoto, the founder of Bitcoin, a programmer or group of programmers invented this lucrative technology in 2009. Following the advent of bitcoin, a slew of new cryptocurrencies was launched by a variety of businesses. Some of them include Dogecoin, Ethereum, and Litecoin.

WazirX, CoinDCX, and CoinSwitch Kuber are some of India’s most popular cryptocurrency exchanges. Celebrities such as Amitabh Bachchan, Ranveer Singh, Dinesh Karthik, and many others have endorsed these.

Now, this raises another question, Have any Bollywood celebs invested in cryptocurrency? Before we get there, there’s another crypto notion you ought to be acquainted with: NFTs.

What is NFTs?

NFTs

NFTs is an abbreviation for Non-Fungible Tokens. NFTs are tradable cryptographic assets. These assets are managed digitally with distinctive metadata and identification codes that set them apart from other copies. NFTs are distinct from cryptocurrencies in that they are not interchangeable.

NFTs are used to represent real-world assets like paintings and books and digital assets such as digital art, GIFs, and videos. The item’s copyright is retained by the NFT inventor, who is free to sell as many copies as they desire. Each copy is regarded as one-of-a-kind. When bought, buyers have full authority over them and could also use them to exchange real-world services.

As NFTs are built on blockchain technology, each transaction is recorded in a public ledger that is accessible to the public and may be used to verify who owns the commodity.

How to Purchase NFTs?

Purchasing NFTs

Cryptocurrency can be purchased on any cryptocurrency platform or application. Purchasing NFTs shares a similar procedure. To obtain NFTs, any cryptocurrency application can be utilized. However, because NFTs are secured by Ethereum blockchain technology, only Ethereum crypto can be used to acquire them. As a result, it is necessary to purchase ETH before purchasing NFTs. You can visit any NFTs marketplace to purchase NFTs.

NFTs, as previously said, are digital assets. These assets can be anything like game posters, stickers, pieces of literature, etc.

If you enjoy gaming, you might be able to find a rare NFT gaming collection. If you are an art collector, you can purchase stunning NFT artworks. The NFT marketplace covers a diverse range of NFT artefacts, from literature to sports.

The assets or NFTs sold have a value that may increase or fall in the future. Based on its value, you can exchange the assets for other services.

Bollywood Celebrities Who Have Invested in Cryptocurrency or NFT

When you’re enjoying an interesting YouTube video and an unpleasant unskippable ad interrupts you. That feeling is certainly aggravating. But, if the commercial is about cryptocurrency, your ears sure will perk up — mainly if it features your beloved Bollywood diva.

Due to the numerous commercials, awareness of cryptocurrencies has propagated throughout the majority of Indian consumers, making it one of the most widely discussed topics in India.

The majority of well-known Bollywood celebrities have voiced support for Cryptocurrencies. However, whether or not they have invested in them is unconfirmed. The majority of them, though, have launched their own NFTs, luring their fans to the innovative network.

The following are some of our favourite celebrities who have established their NFTs:

Amitabh Bachchan

Amitabh Bachchan NFT

The Shahenshah of Bollywood was the very first actor in the Bollywood industry to launch his own NFTs. BeyondLife.club hosted the auction, which was powered by Guardian Link.

The sensational collection included Madhushala NFTs, The Loot Box NFT, Iconic Vintage Posters NFT, and BigB Punks.

The Madhushala NFT is an anthology of poetry written by Harivansh Rai Bachchan, the actor’s father, and recited and recorded in the superstar’s voice. On Day 1, the widely anticipated Madhushala NFT collection garnered bids totalling over $480,000.

Amitabh Bachchan Madhushala NFT

The Loot Box NFT collection, on the other hand, featured art pieces valued at $10 each. With 5000 artefacts, this NFT collection drew offers of over $50,000 from around the world and was sold in just 54 minutes.

The limited-edition vintage posters, including seven autographed posters and a digital NFT certificate of authenticity, fetched $94,052, while BigB Punks and NFT Arts fetched $66,900.

Sunny Leone

Sunny Leone NFT

Following Amitabh Bachchan’s successful NFT sale, Sunny Leone also launched her first NFT collectables, making her the first Indian Bollywood actress to do so.

The actress collaborated with Mintdropz, a Silicon Valley business, to create her NFT website for her ‘MisFitz’ collection. Her collection comprises over 9,600 collectables, the majority of which were purchased within hours of the auction.

Vishal Malhotra

Vishal Malhotra NFT

Vishal Malhotra, an actor, teamed up with artist Ishita Banerjee to launch his first-ever NFT sale. He is the first Indian actor to collaborate on an NFT with an artist.

This collection consisted of an animated art piece layered with music in Vishal’s voice. In addition to the NFT, the customers will receive a video call with the actor and the possibility of a meet-up. The NFTs were purchased for 2.5 ETH (₹4.13 lakh) within an hour.

Salman Khan

Salman Khan NFT

The tiger of Bollywood had also announced that he would be launching his NFT range in December. The actor has partnered with Bollycoin, a Bollywood NFT marketplace, as well as notable production studios such as Salman Khan Films, Arbaaz Khan Production, Sohail Khan Productionz, and Reel Life Production Pvt. Ltd. The platform is also collaborating with several renowned artists, the identities of whom will be announced soon.

In November, the NFT platform concluded a presale of 20 million tokens worth $2 million. The fact that nearly a million BollyCoin tokens were sold in the first three hours of the presale is noteworthy, highlighting how popular NFTs are becoming.

Conclusion

With the increasing popularity of cryptocurrency, more Bollywood actors are likely to launch their own NFT collections in the near future. Even though most actors haven’t acknowledged investing in cryptocurrencies, they almost probably have plans to introduce their own NFTs. If you’re a serious collector who enjoys collecting one-of-a-kind pieces, buying NFTs is undeniably the best way to do so. So, what are your thoughts on NFTs?

FAQs

Have any Bollywood celebrities invested in crypto?

Amitabh Bachchan, Sunny Leone, Salman Khan, Vishal Malhotra, Kamal Hassan are some of the Bollywood celebrities to have to own the NFTs.

What is NFTs?

NFTs are tradable cryptographic assets. They usually contain art, collectables, and in-game items that one can trade online.

How to buy NFTs in India?

NFTs can be purchased using ETH, To buy NFTs, you need to open a digital wallet and then transfer ETH to that wallet. Just visit any NFTs marketplace and buy NFTs you like.

January 5, 2022
How to find the best upcoming NFT projects? | Best & Easy Ways

Decentralized finance, which is generally known as DeFi, is composed of more than just cryptocurrencies. Blockchain technology allows several use cases, and the NFTs market is one of the most famous and biggest in recent days.

The requirement for NFT tools has increased with more investors that try to find the upcoming nft drops. The perfect and right tools can give powerful insights to guide your investment strategy, and as with DeFi and trading in general, this will also apply to NFTs. In this short guide, we list the best NFTs tools that will help you find the best upcoming NFT drops.

Nansen

Identifying opportunities in the NFT world has been a long-time desire of several investors, and the first NFT tool to deliver it is Nansen. This NFT analysis platform gives its users the leader board of the NFT wallets by total profit made. The insights of the analysis can provide you with an opportunity to manage your assets and create a strategy.

Highlights of Nansen:

This tool gives you detailed data for every wallet in the leader board, like minting fees, secondary market fees, and all data about the ERC-20 tokens. It will also let you see the leader board for each particular project, making it easy to see and analyze owners. Furthermore, Nansen lets you follow these wallets and observe their investments over time.

NFT Stats

It is also one of the best and easy-to-use NFT tools. NFT Stats offers basic insights for NFT collections. The NFT rankings have trending collections, the latest collections, and the top collections in the last 30 days. The ranking for the collections has the numbers of sales and the total volume as well.

Highlights of NFT Stats:

This NFT tool gives you a quick overview of the top NFT collections which sell in the last 24 hours, 7 days, and 30 days. Data includes the NFT and the collection. It’s a part of when it was sold and at what price. Each collection page has complete details on the recently sold NFTs, and also there are price charts for the last three months.

Rarity Tools

Rarity is one of the major tools to consider for buying NFTs. The best NFTs are rare, and every collector wants those NFTs. It will help them to drive their price up. Rarity tool is the perfect NFT tool that will help you to examine the NFT world. You can easily find and analyze the top NFTs on rarity.

Tools, which include CryptoPunks, Bored Ape YC, and Mutant Ape Yacht Club. Each collection has its page on this platform, where you can easily find all the NFTs of that collection. Each NFT has its detailed card, on which you can see the clear attributes of that specific asset.

Additionally, this tool also has some additional advantages of providing each NFT a rarity score. Rarity tool charges creators listing a fee that is why it might not include all NFTs since some might be unaffordable or be willing to pay the platform’s fees. This tool is one of the best ways to find the upcoming nft drops.

Highlights of Rarity tools:

You can easily navigate on the platform and analyze an NFT collection with the help of this tool. It is a user-friendly platform, and you can find complete information with this tool. These benefits make the rarity tool a great NFT tool to use, especially for those seeking lucrative NFTs.

Icy Tools

On icy tools, the first thing that you see is the Trending Collections from the last day, but you can filter the ranking to the last 3 days or last 15 or 30 minutes if you have a connected wallet. The leader board provides you with a clear understanding of the floor price, average price, volume, and sales for each listed collection. With the help of this tool, you can easily find the upcoming nft drops.

Highlights of Icy Tools:

The interface of this tool is user-friendly that will help you to analyze the NFT, even for new investors, easily. There is also an option of the “Discover” tab, which will help you to find the top mints, from the last day to up to the last 15 minutes. Additionally, you can also find the wallet addresses of the top buyers and sellers.

Conclusion

All those mentioned above are the best tools to find the upcoming NFT drops. These are the best and easy ways you can use to get the best NFT projects.

November 1, 2021