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Nft

Reddit may be preparing to launch its own NFT platform with btcOther social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces.Social media platform Reddit appears to be hiring workers to support the design, build and maintenance of a nonfungible token (NFT) platform.According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods.” The position requires at least five years of experience in backend development as well as the ability “to design and implement complex distributed systems operating under high load.”“If there is one thing we’ve noticed with NFTs, they too have an incredible power to create a sense of participation and belonging,” said the job posting.“With every new NFT project, a vibrant community of owners pops up with it. Fans of today’s biggest creators and brands are now flocking to buy digital goods directly from them — to support them, to gain exclusive access, and to feel a greater sense of connection with them. Over time, we believe this will only grow, and NFTs will play a central role in how fans support their favorite creators and communities.”Reddit has acted as a medium to bring together crypto users for years, with the platform’s subreddits largely responsible for pumping prices of tokens including Dogecoin (DOGE). Users can also earn the platform’s Community Points — digital currency-like tokens in the form of Moons or Bricks — by posting certain content to earn rewards.
EASYMARKETS:BTCUSDLong
by Krista79492
Something Special Brewing for NFTYesterday was the highest volume day for this coin since the first day it launched. And today's volume is even more massive, with 8 hours to go till daily close! Daily MACD has taken support on the zero line, and crossed over, thanks to this massive volume. Looks like the whales are taking a lot of interest. And best of all, we just had a breakout from the massive downtrend with this high volume. If you zoom into the 15 minute chart, you can see that the breakout looks decisive. If breakout confirms, we could see massive price explosion over the coming days and weeks. NFTs have many other use cases than just the art application most people are aware of. I suggest you read this article on that topic: finance.yahoo.com Disclaimer No Investment Advice Provided Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Post/Idea or in connection with it are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. This Post/Idea should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. I do not recommend the use of technical analysis as a sole means of trading decisions. I do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
Long
by kkarmayogi
10
Solana to make a 70% or 100% move in the coming weeks. New money can't afford $ETH, fees are high, NFTS are expensive. Meanwhile Solana offers basically free NFT minting, a large ecosystem with powerful backers, great projects on the top of it, but mainly higher rewards with pretty much the same risk. If the market remains bullish (and looks like it will) I guess its safe to assume that a lot of new capital will flow into $SOL soon. From a technical perspective its been ranging in the rising channel since January 2021, the ma are heading up, the volume is rising again, on the daily it broke out of a symmetrical triangle within an uptrend and the move was pretty strong, so I guess we will see more upside in the coming weeks. Potentially a 70% and a 100% move over the course of the next month. However, it looks like its the 5th Wave of the Elliot cycle so there might be an ABC correction once it hits the top of the channel. I know that markets can stay irrational for a long time especially in the case of Solana, but the resistance in 350-400$ area should be strong.
BINANCE:SOLUSDLong
by Tradeonesia
MetaHero. Second to noneHello! This will be little different update. I couldn't find an chart of this crypto but I want my followers to be aware of this project. It is called MetaHero (Hero) . They will bring a possibility for people to make of them selfs an avatar, 3D model (kind of nft) which then can be used in virtual reality. The technology is already there partnered and designed by Wolf Studio. This is something that no one else has. Most of the cryptos are fighting in the same areas. This isn't Metaskanner takes an picture of the person, item or what ever you want to take picture of and makes an 3D Ulta-HD model of it. These models will ofc cost to make. This is part of their business model and will work as a marketing rocket. Think about it. Someone famous takes this Ultra-HD 3D model and uploads it to their channel, this will bring masses aware of this. It is genius if you ask me. CEO is Robert Gryn -Youngest self-made entrepreneur to make the Forbes 100 Richest list in Poland -Former CEO of Codewise, the 2nd fastest growing company in Europe. Years 2017, 18 and 19. That ain't an easy thing to accomplish. -Sold Codewise he shifted 100% of his attention and focus to crypto metahero.io www.youtube.com (Inside the metaskanner) If you will participate in this only use the amount you are willing to lose This is not an advertisement or a financial advice Take care :) -Jebu
BITSTAMP:BTCUSDLong
by PalenTrade
6
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BINANCE:ETHUSDLong
by MartyBoots
16
ETH and NFTs a few words of caution for new NFT buyersQuick tips for new NFT buyers. No investment advice is given here. Use this only for information and educational purpose and these are only intended to provide a general overview of my little experience in the NFT world. 1. Size accordingly. Try to limit FOMO. 2. Most projects offer ambitious roadmaps, but very few will be able to deliver even 30-50% of what they are promising. I see projects offering video gaming and tokenization. I typically avoid those. On one hand, because assembling a videogame in the short term seems unreasonable for many new projects, and on the other hand, because tokenization has a huge regulatory risk attached to it. Most people will focus on the art, but art and the artist have to be seen as only one element of the business as a whole if you consider yourself an investor more than a collector. My thinking is that good art coupled with a good business plan will do alright as a long-term investment. There are way too many projects and sometimes you'll feel like seeking a needle in the haystack. Do your own due diligence. Don't rely much on other social media advice and influencers. You have your own best interest. With time art will become more sophisticated, expect the sector to change quickly and exponentially in the coming months. Don't judge the art for its simplicity or look. Pixelized art may be as good an investment in comparison with more realistic or detailed art. It all depends on the eye of the beholder. I do tend to feel biased by the art that I like, but that's just me. I like to know who the artist is for example, but many buyers don't place much attention there. They are in the space because of the art, expression, desire to connect with others, have a sense of belonging to a certain community, bragging rights, etc. Understand this. 3. Look at their Twitter followers. Some accounts are just recently created for the purpose of offering the NFTs, which in itself is not a red flag, but the investor has to dig into the Twitter timeline to perform what I call the "scratch test". Most of the comments you see in 90% of those recently created Twitter accounts can be considered of low quality. Some even come from unverified accounts. 4. Discord is also a place where NFTs are pumped, people get into whitelists and presales. I always take a look at the structure of the Discord as a whole. Some are poorly assembled, but as scammers are getting better you may end up having a hard time to identify the good from the rotten apples. A key thing is to identify whether the developers and artists are fully identifiable (a.k.a. Doxxed). I tend to avoid projects in which I cannot identify developers and artists, since there is little skin in the game when things go south. I'm not implying that not being doxxed means that they could be scammers but it is all about incentives in the end. In some cases, it's about privacy or things related with NDAs, etc. But I'd recommend to conduct a little more due dillgence in those projects where the team is not readily identifiable. Suspect always from huge giveaways, there is no such thing as a free lunch in the space. Most people do well it is because they grind hard. Be ready to work hard in due diligence and know your sniping tools to identify rarity traits. 5. Some project's teams choose moderators from the crowd that have spent a considerable amount of time in the chat, and they may fail to conduct adequate identification and internal KYC as there may or may not be a formal working relationship. Some of those moderators may be compensated with NFTs or crypto after performing tasks. Understanding these incentives will save you from trouble. This is harder to identify but buyers have to ensure that the team of developers and moderators in the Discord are well-coordinated and have an ongoing relationship. 6. Do not click on random links in Discord and messages from a moderator unless you are requesting the contact. You have to be aware that this is the Wild West and there is no way to protect you after you send your crypto to someone. Most of the scams are conducted by sending the crytpto by oneself. In very few cases the account is directly hacked as the seed phrase typically protects the wallet. 7. There are people that I see that just leave a significant amount of coins in their trading wallets (Metamask for example). I rather treat those differently but that's just me. Regulation will come for sure to the sector, but as long as the authorities can only see the ramp up and ramp down, without being able to see what happens in the middle of the road, we all have to be careful of who we send our crypto to. 8. Buying the minting may not necessarily be a good idea. You can get the NFT at a lower price, but the rarity traits are randomly delivered after the reveal. I'd favor the sniping approach right after the reveal for those "buy now" options. At least by then you will be avoiding a bit of the ongoing gas wars and have the opportunity to select a few rare ones if you can afford them. 9. Avoid the gas wars by waiting for the right time to buy and send your crypto. If you are not an advanced user do not tamper with your Metamask personalized gas options. There are a lot of resources online that will help you understand this better. 10. Always do your own due diligence. No one will have your best interest buy only you. This does not necessarily mean that you should not trust others. The beauty of participating in this decentralized space is the trust among communities and users, which gives me hope about the potential for the sector. 11. If you are sitting on the sidelines you are doing perfectly fine. You'll have your chance to invest whenever you feel like doing it in this new space. This is way too early for regular investors whose risk profile differs from those early adopters. Just wait for regulations to set in and also for projects to implement best practices regardless of the lag between the current state and the ideal regulatory framework that we now need to avoid falling into scams and mistakes that can be avoided by just waiting. 12. Crypto can be seen as energy and time. Respect those. Sometimes the dimension of money is lost when thinking in ETH or BTC terms. Spend that time and energy wisely and you'll be alright. gm
COINBASE:ETHUSD
by gumoca
$XTZ Tezos is up to a double until December. In the current market conditions when BTC is in the price discovery mode buying alts can be a bit premature, however, I think that @cousincrypt0 could be right tweeting that we might never see BTC dominance at the levels of 2016 or 2018 again. After BTC had hit the bottom at 29k some of the altcoins like $Sol , $EGLD , $XTZ and others went for ATH showing incredible strength and outperforming BTC. Therefore buying some alts with good fundamentals should be a good idea. For example $SOL has risen for 900% since the May crash and one of the main reasons behind this glorious pump was the NFT craze. $XTZ has successfully implemented NFTS so now minting NFTs on Tezos is possible, moreover, a number of NFT platforms already function enabling users to sell/buy nfts of different kinds (music, paintings, collectibles, etc). All of that should be a great catalyst for XTZ to go up and not to lag on BTC pair. Now lets take a look at the technicals.. $XTZ has completed the Elliot wave cycle hitting 9$ at the top of the fifth wave, what followed next looks like an ABC correction. The price touched the 0.382 (6.47) fib level at 6.5$ that also coincided with the 2/1 Gan. I would like to draw your attention to how XTZ respects Gan fan lines where 1/1 acts as resistance and 2/1 and 3/1 as support and the whole uptrend since July is ranging in between these lines. Therefore point C was a great spot to buy a bag as it could be the begging of another Elliot waves cycle. The possible levels of resistance are 7.5$ and 9$ 0.236 (7.504) and 0(9.174) fib. levels respectively. One the other hand if BTC dips XTZ will surely follow and retrace at least to 5.66$ which will be a good area to add more. Overall XTZ should be a good mid term investment.
Long
by Tradeonesia
The EscapeThe position arising here is another freeing move. After sellers surrender the $3,500 pivot, it constitutes for a typical cascading of stops - the squeeze manoeuvre we have been tracking for a while finally is beginning to play out. Let's start with a traditional recap of the swing we have been tracking the past few sessions; The analysis of the starting position was showing us the ABC sequence had been fulfilled and buyers were ready to conduct a flanking attack. This quick-witted move was administered with precision. In this case, the china noise is the same as someone being threatened by a mugger with a weapon, and the person deciding to grab on, continuing to hold, in an attempt that they cannot be hit.
BITMEX:ETHUSD.PLong
by ridethepig
6