Susannah Streeter, an investment and market analyst at Hargreaves Lansdown, said that people looking to invest in NFTs should weigh the long-term benefits. According to Susannah, the auction of NFT works is currently on the rise, but it could fade in the future. However, NFT has many benefits. The following are the benefits of NFT and their explanation.

1. Decentralized Market

2. NFT allows artists or content creators to make money directly from their work by interacting and transacting directly with their customers. Content creators will also earn a commission every time the ownership of the NFT change.

3. Unique

4. Each NFT is unique and cannot be faked. Even sellers only have a few NFTs, not thousands. Because the rarer the NFT, the higher the value.

5. Collection

6. Technically all NFTs are collectibles because of their uniqueness. Once purchased, NFTs can be stored and resold as their value increases at any time.

7. Can be resold

8. Most people will engage with NFT for the prospect of making money. Many people make a living from reselling them. Investing in NFT for resale can yield huge returns.

9. Eternal

10. No one can change the metadata on the token; it cannot be deleted, misplaced, or removed from the blockchain. It is intended to secure data.

11. Copyright

12. One of the main benefits of NFT is that it allows artists and content creators to retain their full copyright, which is rare in most license agreements. With NFT, content creators can earn money without giving up their copyright.

13. Security

14. NFT assures to know that whatever happens to the blockchain itself. There is no denying that the NFT blockchain technology has many advantages that make it very profitable. There is much potential for NFTs to become an important part of the future of most industries.

15. The Importance of Existing the NFT Marketplace

16. The majority of NFTs today are digital works of art, where artists or content creators find new ways to offer their supporters something unique and rare through blockchain technology. Now, artists no longer need to rely on auction houses or galleries to sell their art. NFT also involves a royalty scope that entitles the original creator to a certain percentage of subsequent artwork sales.

17. The NFT market plays a vital role in bridging the gap between buyers and sellers. In some cases, the NFT marketplace also offers additional tools to create NFTs in minutes. Shoppers can browse the NFT marketplace and purchase the items of their choice through offers.

18. For people who are already in NFT or new to this trend, Rivernity is the right NFT marketplace. Rivernity has many advantages over other NFT markets, including gasless, free minting, commission, token, and carbon neutral. So what are you waiting for? Mint your first NFT on Rivernity!

19. 
    

Our previously assumed guild focus (mainly Axie Infinity) had to be revised during this first period, as the crypto market and Play2Earn ROI efficiency has begun to fall significantly. Only 17% of the treasury has been directed to Play2Earn investment because of the currently very low ROI levels and unfavorable market conditions.

This decision was made with a balanced long-term portfolio strategy in mind. Simultaneously, new P2E game research has been done and early engagement and partnerships have been established to find the best high ROI activity opportunities.

PlayNity Links:

Website | Twitter | Telegram Chat | Discord | Facebook

Another major milestone has been accomplished by MoonRat Finance today as their DeFi project successfully passed a security audit by Certik, the leading Smart Contract auditor in the cryptocurrency industry. The Secured MoonRat Token has already received and passed an audit from TechRate (see here), but this latest development further solidifies their position in the cryptocurrency market and will provide significant peace of mind to holders and prospective new investors.

The community driven MoonRat Finance Defi project built on Binance Smart Chain provides a revolutionary new mechanism which allows holders to earn BNB through passive staking (no bonding required). More information and analysis on the value proposition of MoonRat can be found in this article here, a good place to start for newcomers to the Secured MoonRat token looking for an introduction to the mechanics of this protocol.

So what exactly does the Certik audit mean? Well first and foremost, it validates the security and and legitimacy of the Smart Contract. It gives prospective investors and holders reassurance about the integrity of the project and its source code. MoonRat has now been independently tested and verified by the most trusted security auditor in the cryptocurrency industry, with many large clients including the Crypto.com centralised exchange. The audit also helps the development team identify and eliminate potential security vulnerabilities from the MoonRat mechanism, which helps to safeguard the platform from hackers or future exploit opportunities.

Secondarily, it identifies any issues within the codebase that deviate from best practice standards in the industry. While no critical or major issues are outstanding within the MoonRat Smart Contract, some minor issues were identified which can’t be addressed yet since the MoonRat development team have already renounced ownership of this contract. Any recommendations from Certik can only be implemented when MoonRat Smart Contract migrates from V2 to V3 in approximately 6 months. The development team have advised that they will be obtaining a second audit in advance of this so that it can make the suggested changes and pass the audit before the V3 Smart Contract is deployed. The V3 contract will reportedly include Bitcoin & Ethereum earning pools, adding further value and uniqueness to their passive staking model. To summarise the findings by Certik:

You can read the full audit report of MoonRat token by Certik security here. The official statement from the MoonRat developers is here & an introduction to MoonRat for prospective investors can be found here.

Originally published at https://cryptoadvice101.com on May 8, 2021.

CV Labs, as CV VC’s ecosystem initiative, gives access to the industry’s leading thinkers as well as a supportive infrastructure of service providers. Together with CV Labs, we’re welcoming more projects to build with Cartesi technology, positioning The Blockchain OS as the go-to solution for decentralized applications.

Spanning from Zug, Switzerland to Liechtenstein, this dynamic and innovative region has been coined Crypto Valley, providing thriving economies founded on cutting-edge ideas. With over 1100 major blockchain projects based in Crypto Valley, CV Labs is the most prominent group engaging in this region and has been key in catapulting the local ecosystem onto the global stage.

As Cartesi raises awareness to companies, partners, and startups within this flourishing region, the Cartesi community can look forward to even more applications making their home on The Blockchain OS.

We’re looking forward to working with CV Labs on events and awareness efforts throughout 2022, in addition to connecting with the local startup scene in Zug. We’re thrilled to be able to enable even more developers in getting started with blockchain, allowing millions of end-users to benefit from the technology.

CV Labs is a unique place in Crypto Valley where great minds and new ideas come together, to discuss and to innovate. CV Labs provides many ways for people of all kinds to be part of the vibrant crypto community and connect to the blockchain world. Promising startups can participate in the incubation program, for individuals, the co-working space provides the perfect opportunity to connect with founders, crypto enthusiasts, and thought leaders.

Find CV Labs on LinkedIn | Twitter | YouTube | Instagram

Cartesi is the first OS on the blockchain, and their Layer-2 solution integrates Linux and standard programming environments to blockchain. This allows developers to code scalable smart contracts with rich software tools, libraries, and services they are used to.

Cartesi bridges the gap between mainstream software and blockchain, welcoming millions of new startups and their developers to blockchain by bringing Linux to blockchain applications. Cartesi combines a groundbreaking virtual machine, optimistic rollups, and side-chains to revolutionize the way developers create blockchain applications.

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· What is DAO? ∘ Here’s how DAOs work: ∘ The technical side of the problem· Why DAOs are needed and how they are better than…

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