What Is

Creators who wish to make their own NFTs typically rely on NFT marketplaces to mint their creations. However, the marketplace’s third-party contract doesn’t prioritize the artist and instead generates a random smart contract. is revolutionizing the way artists showcase their work on the blockchain for the better. is an NFT minting platform that enables Web3 creators to mint their own NFT, while maintaining creative ownership, preserving on-chain provenance, and interoperating with all popular NFT marketplaces.

If you’re interested in learning more about Manifold and how it benefits both creators and collectors, keep reading below.

What is

Generally, NFT creators mint their NFTs using a smart contract provided by the same marketplace that is selling their NFT. Although this option works, it doesn’t shed light on the creator.

<code><p class = "twitter-tweet"></p></code> was founded by Web3 developers Eric Diep, Richerd Chan, and Wilkins Chung to serve as the first platform where NFT artists can enjoy full ownership of their work.

In August 2021, Manifold received $7.9 million in seed funding to continue expanding its market. Artists like Jay Z and Steve Aoki have even produced their own NFTs using the platform, along with a variety of other well-known artists and creators.

All NFTs that are minted on are also compatible with all the popular NFT marketplaces we know and love today, including OpenSea, Rarible, Foundation, SuperRare, Nifty Gateway, Zora, and more.

Manifold offers users embedded smart contract technology called Manifold Creator Contracts, which enable creators to take full ownership of their NFTs by allowing their name to stand out, rather than the marketplace.

Since its launch, Manifold has continued to update and give users new features, including Manifold Gallery in October 2022.

Gallery, a zero-fee marketplace, is a showcase of what one can build with Manifold’s underlying web-based widgets. “The best marketplace will be the one you build as an artist, curator, collector, developer, or marketplace,” the Manifold team said in a blog post.

What is the Manifold Creator Contract?

As of now, many NFT creators use NFT marketplaces to mint their own NFTs. What’s wrong with that? Well, your NFT becomes a product of the marketplace’s third-party minting contract, meaning it’s assigned a random ID and is often listed next to unrelated NFTs that were created using the same contract. However, with the Manifold Creator Contract, that is not the case.

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The Manifold Creator Contract ensures that NFTs minted on the Manifold platform are authentically attributed to the creator. This way, collectors can assure the NFTs they purchase from their favorite creators are 100% authentic, and artists are better recognized.

Having collaborated with Pak, Mad Dog Jones, and FVCKRENDER, has come to terms with what NFT creators desire. Essentially, the main focus of Manifold’s Creator Contract is:

  • Authenticity — true provenance for creators
  • Interoperability — works with existing ERC-721 and 1155 NFT platforms
  • Extensibility — unique, creator-approved NFT applications

To mint your own custom NFTs, Manifold has created what they call their Manifold Studio.

What is the Manifold Studio?

Manifold Studio allows you to mint your own NFT with zero coding required while retaining the ownership and provenance of your creation.

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Using Manifold’s seamless user interface allows you to mint your own NFT with the click of a button. The Studio takes care of all the technical back-end work for you, allowing you to focus on creating and enabling you to make your own custom smart contract.

Once the contract is deployed on the mainnet, you have complete control over your own smart contract and the ability to mint ERC 721 and ERC 1155 tokens. The minting process is as easy, if not easier, than posting something for sale on Ebay.

Simply upload your asset, customize your metadata, then press the Mint button, It’s that simple.

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Currently, the Manifold studio supports:

  • High-resolution video and images (4K+; unlimited file size).
  • Attribute customization.
  • Video thumbnail customization.
  • Fully decentralized on-chain storage.
  • Compatibility with major NFT platforms (OpenSea, Foundation, Nifty Gateway, Rarible, SuperRare, and Zora).

The overall goal for is to offer a creative platform in the best interest of artists and creators alike. Giving artists a toolset to create their own NFTs and allowing them to customize their own smart contracts without knowing how to code is important as we continue to push forward in the NFT space.

Manifold Studio’s Paid Claim Pages

Manifold Studio launched “Paid Claim Pages” which allows creators to easily sell their limited and open edition ERC 721/1155 NFTs with their own personalized drop page. The app saw nearly 100k mints and 700 ETH in volume just three weeks after its launch. 

And now, with a new design and added creator identity verification section, Manifold has made paid claim pages available for everyone.

Through this app, creators can take full ownership of their edition drops by launching them any way they choose: paid or free, limited or open, with or without an allowlist, and all on their own custom contract. With personal mint pages, creators have complete control over their editions.

In addition to the claim pages, Manifold Studio’s snapshot, giveaway, and Shopify Merch Bridge tools provide even more ways for creators to engage with their collectors. 

For those with enough technical know-how, it’s even possible to set up these pages on their own website using Manifold’s developer tools.

The best part? Manifold offers paid claim pages completely free of charge. That’s right, 0% fees. That means all creators can benefit from the app’s functionality and reap the rewards of their work.

Manifold Notifications

As a collector, you can now add your email to subscribe to all updates from your favorite creators via Manifold Notifications. Simply go to the creator’s claim page, connect your wallet, add your email, and you’re done!

You’ll receive updates for all claims created by the artists you subscribe to as well as reminders of when claims start and when they are about to end. Plus, notifications for Burn-Redeem campaigns will also be available to subscribers soon.

As a creator, you don’t have to do anything to enable this feature. When creating a claim, you have the option to send a notification to all your subscribers or not, giving you the flexibility to manage how you want to announce your drop.

Manifold is also working on ways to improve how creators can better engage with their subscribers. This includes creating special drops and other possible mechanics that creators can leverage with subscriptions.

Let’s take a look at some of these other exciting and innovative updates!

Burn Redeem App

Manifold’s Burn Redeem App enables ERC 721 and ERC 1155 token burn functionality. This allows creators to set up a burn function for their NFTs, and collectors the ability to burn an NFT in exchange for another.

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Previously, the Burn Redeem App only supported ERC 1155 burns, but it now supports burning ERC 721 too.

Creators can configure 1 of 3 possible sets of eligible burn tokens on any Manifold ERC-721 contract, including:

  • All tokens (all tokens within a single contract)
  • All tokens within a specified token ID range (i.e., tokens 1-100)
  • A specific set of token IDs (i.e., tokens 1, 2, 3, 4, and 5)

Any ERC 721 token within an eligible burn token set can be redeemed for a new ERC 721 edition as configured by the creator.

Before completing a burn, collectors will see a screen that shows what they’re burning and what they’re redeeming.

When you use the Burn Redeem App to burn your tokens on a contract for the first time, there’s also an extra step you need to take. The app will ask you to approve your tokens on the Burn Redeem contract. 

By doing this, you give the app permission to execute the burning of your tokens. It’s an important step to make sure that everything goes smoothly, so don’t worry if you see it pop up. 

Just follow the instructions and you’ll be set.

Moreover, the Burn Redeem app has some new upgrades that creators are sure to find useful. These upgrades include gas optimizations, which can save on fees, as well as multi-token burns, allowing for the burning of multiple tokens at once. 

The app also has paid burns, so you can burn tokens while also receiving payment, as well as airdrops, which allow for the distribution of tokens to a large number of people.

Another upgrade allows for the burning of tokens from external contracts, and there’s even cross-spec burning between ERC-721 and ERC-1155 tokens. These upgrades can help creators customize their tokens and improve their functionality.

That said, the Burn Redeem App is constantly evolving, and mint fees are part of the upgrade. The expected fee for this application will be 0.00069 ETH (approximately $1) per edition minted. Claims will follow with a similar contract upgrade.

All these upgrades pave the way for a new level of creativity for creators and additional opportunities for collectors.

How Does Manifold Make Money?

As Manifold continues to grow, the company has been grappling with the question of how to best monetize its platform while staying true to its mission of empowering creators. 

Traditionally, companies in the Web3 space have turned to percentage-based fees on sales, but this didn’t feel right to the Manifold team. They didn’t want to create a fee structure that would unfairly benefit larger creators or incentivize them to focus on higher-volume sales.

So instead, Manifold will be introducing a small flat fee for buyers of items collected through its apps.

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For example, collectors who mint pieces through Claim Pages or Burn Redeem will be charged a per-piece fee at the time of purchase. 

However, it’s important to note that 100% of the revenue will still go directly to the creator. This fee is designed to be a tiny “gas fee” that will help Manifold keep the lights on and continue building its platform for all creators.

One thing that Manifold feels strongly about is aligning itself with Ethereum. This means that no matter the price of the piece being minted, the Manifold fee will remain the same, similar to how gas costs are independent of the value exchanged in a transaction. Manifold believes this approach will be the most sustainable long-term.

Nonetheless, there are certain elements of the Manifold platform that will always be free for creators, such as deploying a smart contract and minting NFTs via Manifold Studio, as well as 1/1s, series and batch mints from the studio, and airdrops.

Manifold’s Role in the “Open Edition” Trend

Manifold’s recent updates have been completely focused on improving the user experience. This has led to their massive involvement in the Open Edition NFT trend, which helped creators earn over 1300 ETH (equal to $1.6M) in a single week.

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Manifold has made it incredibly easy for anyone to create and release their own NFT, regardless of their technical abilities. By doing this, they’ve lowered the barrier to entry for creators of all levels, allowing them to tap into the ever-growing NFT market.

If Manifold keeps up its excellent work of prioritizing an amazing user experience, they will likely remain the go-to minting platform for creators.


How to Create an Excellent Rarity Strategy for Your NFT Project

Rarity plays a large role in the overall value of NFT projects, including in the utility that can be offered through an NFT’s traits. Creating a proper rarity strategy can add to the excitement of an NFT project’s collectors. Rarity Sniper is the #1 source for NFT Rarity and they shared with us the best tips to create the perfect Rarity strategy.

Before you decide to create your next NFT project, take into consideration these six important aspects of creating an excellent rarity chart for your NFT collection.


1. Trait Categories

Before you can determine what traits your NFT project will have, first you need to create the traits categories. The main purpose of traits categories is to help organize all the unique traits.

Some examples of trait categories can be a jacket, hat, facial expression, and what the character is holding in their mouth. Each category would then have a certain number of unique traits, which are more specific, and each unique trait would appear a certain number of times in the NFT collection. 

Rarity Sniper recommends having a minimum of seven trait categories in your NFT project to keep your collection visually exciting

2. Unique traits

You can’t develop a proper rarity strategy without creating individual traits. As mentioned in the previous section, traits go under your trait categories. For instance, with the example of the trait category of a jacket, your unique traits might be “gold jacket,” “blue jacket,” “leather jacket,” etc. 

You can then choose how often each individual trait appears in your collection. For instance, a gold jacket might appear five times and a blue jacket 505 times.

Individual traits are an essential part of any rarity strategy and are the foundation for many NFT projects. When creating traits for your NFTs, you want to make sure that you have at least 150 traits.

The more traits you have, the more diverse your project will be. However, if you make too many traits, a project can quickly become overwhelming.

Likewise, if you fail to create enough traits, your project can appear undiversified and remain stagnant.

3. Rare traits

Within your set of unique traits, you should strive to include rare traits. These rare traits should not exceed more than 1 percent of your NFT project’s total quantity. If your project has 1,000 NFTs, then only ten of those NFTs should have rare traits.

For example, in the popular Bored Ape Yacht Club collection, the “Laser Eyes” trait appears in less than 1 percent of NFTs. The fact that it appears so few times in the collection makes it an ultra-rare trait.

Rare traits can add additional value to your NFT project by creating scarcity within the collection. This means that NFTs with rare traits might be more valuable than those with common traits. Rare traits add to the excitement of collectors.

4. Low visual impact traits

When creating your NFT’s unique traits, avoid traits that don’t have a significant impact on the visual aspect of your NFTs such as earrings or other small objects.

An example of a low visual impact trait to avoid comes, again, from the Bored Ape Yacht collection. The trait category in question is the “earring.” The “gold stud earring” is very small to the point where you can barely see it.

Avoid the use of low visual impact traits that will prevent your NFT project from looking diverse and exciting. If you use a less noticeable unique trait, your NFTs may all look the same and as a result, may appear unappealing to potential collectors.

5. One-of-one and legendary traits

The next level of rarity that you should include in your NFT project is one-of-one and legendary traits. These extremely limited-edition traits can provide your project and collectors with added value and excitement.

An example of one-to-one traits is in the Cool Cats collection. There are several Cool Cats that are drawn one-of-one, meaning they don’t have any generative art traits. In part, because they are so rare, they’re very valuable.

You want to avoid having too many legendary traits though, as this can result in the top of the rankings for your NFT project to all rank number one. Rarity Sniper says that the optimal number of legendary trait NFTs they see in projects are limited to ten NFTs in the entire collection.

6. Media used

The last thing that you should consider when creating an excellent rarity strategy for your NFT project is the type of media used. Media refers to the asset used to create the NFT. You can choose to use images, animation, video, and audio to spruce up your NFT project.

Rarity Sniper recommends using a mix of media to diversify your NFT project and help differentiate the levels of rarities.

For example, you can have your more common rarities as static images and then make legendary NFTs animated. This tactic separates the legendary NFTs from the common NFTs, as seen in the Boryoku Dragonz NFT collection.

Collectors can then quickly distinguish the more desirable NFTs in a project. Differentiating media helps keep the project exciting and capture the imagination of anyone who may be viewing it.

Another way to implement unique media is to collaborate with influencers and other artists in the space. You can have an artist design traits for your project, or you can even incorporate an influencer to be represented as one of the NFTs in your project.

Final thoughts

Creating an excellent rarity strategy for your NFT project is a crucial step in executing a successful NFT launch, as well as sustaining your NFT project long-term. A good rarity strategy helps collectors find what they are looking for easily and ensures your NFT project is exciting.

If you are an NFT creator and you want to make your own NFT project, make sure to be thoughtful about your rarity strategy and take into consideration the advice expressed by Rarity Sniper.


What Are Smart Contracts in Crypto?

Have you ever been paid later than you should have been or experienced some kind of miscalculation in an agreement between you and another party? Now with smart contracts, you don’t have to worry about that ever happening again.

What are smart contracts?
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Smart contracts are programs that run when certain criteria are fulfilled and are recorded on the blockchain. They are often used to automate the implementation of an agreement so that all participants are instantly informed of the outcome, without the participation of an intermediary or the waste of time.

One of the earliest examples of smart contract technology is a smart vending machine. With a smart vending machine, you simply put a set amount of money into the machine, and then it dispenses the product you choose, which corresponds to the number you input at the time of purchase.

The benefits of smart contracts become clear when comparing them to a vending machine. The machines are interactive, reduce operating costs, and improve efficiency through remote manageability and back-end analytics, similar to the benefits that smart contracts offer.

How does a smart contract work?

Smart contracts operate by executing basic “if/when…then…” phrases typed into code on a blockchain. When preset circumstances are met and validated, a network of computers initiates the functions. These functions might include transferring payments to the proper parties or issuing a ticket for example.

Basically, smart contract code runs on the blockchain. The rules implemented in a smart contract can be applied both within the corporation that coded it and to other business partners who are on the blockchain as well.

The code simply executes what it’s designed to do, if certain terms or requirements aren’t met, the contract will fail to execute.

What can a smart contract be used for?
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Smart contracts are used to help optimize services and reduce human error through the implementation of self-executing code, trust, and transparency produced by blockchain technology. 

Smart contracts can be used for a multitude of things, such as:

  • Customer relations
    Customer service becomes more consistent, and conflicts are resolved more efficiently because smart contracts automatically activate the settlement agreed upon by both parties.
  • Escrow
    Automates escrow amounts and improves trust and transparency.
  • Financial services
    Offers automated financial services, improving efficincy and reducing cost.
  • Healthcare
    Health records can be stored on the blockchain with a private key that would grant access only to specific individuals.
  • Insurance
    Facilitate the policy and make sure that it has all the proper documentation, including driver reports and driving records, with the use of the technology.
  • Real estate/ loans
    Connect parties and ensure that the entire process can be completed in a friction-less way through an error-free process.
  • Supply chain management
    Automated supply chain with less fraud thanks to the transparency of the blockchain.
  • Trading activity
    Trades can be executed without the need for intermediaries.
Why are smart contracts so important?

Smart contracts are important because they provide optimized services, increased efficiency and accuracy, trust and transparency, and of course security backed by blockchain technology. Let’s go over the importance of smart contracts in more detail.

  1. Efficiency and accuracy
    When a condition is satisfied, the contract is instantly executed. Because smart contracts are digital and automated, there is no paperwork to handle and no time wasted correcting errors that frequently occur when filling out forms manually.
  1. Trust and transparency 
    Trust and transparency are one of the main benefits of smart contracts. There is no need to question if the information has been modified for personal gain because there is no third party involved and encrypted records of transactions are distributed between participants.
  1. Reduce costs
    Smart contracts eliminate the need for middlemen to conduct transactions, as well as any time delays and fees that come with them.
  1. Increased security
    Increased security is another pro of smart contracts. That’s because all blockchain transaction data is encrypted, making it extremely difficult to hack.

    Furthermore, because each record on a distributed ledger is linked to the preceding and subsequent entries, hackers would have to modify the entire chain to change a single record.
Examples of smart contracts
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There are several examples of smart contracts being implemented in today’s world to help company’s work more efficiently and effectively.

There have been numerous successful efforts in tokenizing real estate assets, including systems that combine blockchain with real estates, such as RealT and SolidBlock. By adding blockchain into real estate deals, smart contract technology may also revamp the paperwork and transaction procedures.

The Home Depot also uses smart contracts to resolve disputes with vendors using IBM Blockchain technology to improve its communications with vendors. is another example of a company using a blockchain-based platform. utilize smart contracts to provide standard guidelines and streamlined trading choices to decrease friction and risk while simplifying the trading process and boosting trade prospects for partnering companies and banks.

Final thoughts

At the end of the day, smart contracts will continue to be incorporated into our everyday lives, and across all industries. The fact that smart contracts reduce user error, increase efficiency, provide trust and transparency, all while maintaining the highest level of security is a no-brainer when it comes to the importance of this new technology. 

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ERC 20 is a way to standardize tokens within smart contracts on Ethereum. It was created in September of 2017. 47 of the top 100 crypto tokens by market capitalization were built using the ERC-20 standard.

47 of the top 100 crypto tokens by market capitalization were built using the ERC-20 standard



Solana vs Ethereum: What’s the Difference?

Trying to find the best blockchain can be difficult considering they all have their own pros and cons. Solana and Ethereum are two of the most well-known blockchains. They’re both often compared to one another, but how do they actually differ from one another?

Solana and Ethereum differ in terms of the consensus mechanism they utilize. Ethereum follows Proof of Work (PoW) leading to a more decentralized network, but less scalability. Solana follows Proof of History (PoH), which is less secure but more efficient, leading to high-speed and low-cost transactions.

What is Solana?
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Solana is a high-performance decentralized blockchain built with the goal to enable the scalability of user-friendly applications. Solana is thought to have one of the fastest-growing ecosystems in the world, with thousands of projects spanning DeFi, NFTs, Web3, and beyond.

The Solana blockchain is best known for its lightning-fast and inexpensive transactions. Solana’s scalability ensures that all transactions remain under $0.01, and transaction speeds are as quick as 400 milliseconds per block.

Of course, the Solana blockchain isn’t perfect either. In September 2021, the Solana network had gone down three times, with the entire network down for nearly 17 hours at one point as the result of a hack. More recently, a Solana bridge to the Ethereum network was also hacked, and resulted in $320 million of stolen funds.

That being said, Solana has its fair share of benefits when compared to the Ethereum blockchain.

Solana blockchain breakdown
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Proof of History (PoH)

The Solana network uses a PoH consensus. Using PoH allows the Solana network to create a historical record that proves an event has occurred at a specific moment in time. PoH uses a cryptographically secure function written so that output cannot be predicted from the input, and must be properly executed to generate the output. 

Better Transaction Speeds

In reality, Solana is taking advantage of Ethereum’s slower network. Solana achieves such efficient transaction speeds by utilizing a centralized network, which comes with a concerning level of risk for its users as mentioned above.

The Solana network uses a Tower Byzantine fault-tolerant (BFT), which removes the need for nodes to communicate with each other in real-time, and the result is improved efficiency. Currently, the Solana network can process approximately 50,000 transactions per second (TPS).

Enhanced Scalability

In addition to quicker transaction speeds, Solana is known for its enhanced scalability. The Solana network is scalable at its core level, meaning it does not require layer-two solutions to increase scalability.

The technology behind the Solana network breaks down data into smaller chunks, making it easy to transfer it across the network. Another technology called Sealevel also helps the processing of transactions across GPUs and SSDs, both of these combined result in an efficient blockchain network.

What is Ethereum?
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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications that many of us use today. 

Although Ethereum lacks the speed and cost-effective transactions when compared to Solana, it makes up for it with its mature decentralization. To compensate for this lack of scaling features at the core of its blockchain, layer-two solutions help provide enhanced scalability and throughput.

Let’s review the features of the Ethereum network and what it offers.

Ethereum blockchain breakdown

Proof of Work (PoW)

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Ethereum utilizes a consensus mechanism called Proof of Work (PoW). This mechanism allows the decentralized Ethereum network to come to a consensus (an agreement) by enabling one party to prove to others that a certain amount of a specific computational effort has been expended. This prevents users from spending ETH they don’t have and ensures that the Ethereum chain is extremely difficult to attack or manipulate.

Smart Contracts

The Ethereum blockchain is largely known for its smart contract capabilities. It can support a variation in programmability, which aids in the creation of different types of smart contracts. Solidity is the base programming language on Ethereum and is used for the coding of these smart contracts.


Currently, Ethereum can only process about 13 to 15 transactions per second. Since the Ethereum mainnet lacks scalability, layer-two scaling solutions like Polygon, Validium, and rollups have been implemented. Additionally, once Etherum is upgraded, the creator of Ethereum mentioned that transaction speeds could increase to as much as 100,000 transactions per second, while still maintaining the same level of security.


If you use Ethereum then you have likely at least heard of NFTs. Although Ethereum wasn’t the first blockchain to offer NFTs, it has been the most successful overall and is considered to be the go-to blockchain for NFTs.

Solana vs Ethereum
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Now that we have learned a bit more about both Solana and Ethereum, we can better compare the two blockchains. We know that Ethereum is the more secure and most decentralized option out of the two, and Solana is the quicker and more cost-effective network. But which is better?

Is Solana or Ethereum better?

When deciding which blockchain is better, Ethereum or Solana, it depends on your personal goals. Do you prefer a blockchain that is more secure but costs more as a result? Or do you only care about speed and cost-effectiveness?

If you want to transact on the most secure blockchain, use Ethereum. The Ethereum blockchain is the more mature network and has been around since 2014, meaning it has had time to be optimized. If you only care about fast transactions and low-cost, use Solana. Solana was created in 2020 and is still trying to figure it all out, but, it offers users a more affordable option.

Is Solana or Ethereum more popular?
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This wouldn’t be a proper VS article if we didn’t have a popularity contest between Solana and Ethereum.

Currently, Ethereum has a market cap of $353 billion, whereas Solana has a current market cap of $28 million, meaning that Ethereum is the obvious choice in terms of popularity. Also, the NFT space prefers Ethereum over Solana, as a majority of blue chip NFT projects currently live on the Ethereum blockchain.

At the end of the day, both Solana and Ethereum have their list of pros and cons. So, if you’re having a difficult time deciding which blockchain is best for you, first ask yourself what your goals are. If you still don’t know, then try both.


How to Buy an NFT on Opensea: The Ultimate OpenSea NFT User Guide

Whether you are an NFT OG or are just getting started in the NFT space and want to learn how to buy an NFT, you have likely heard of OpenSea. OpenSea has been in the NFT space since 2017, when Alex Atallah and Devin Finzer managed to raise hundreds of millions of dollars through multiple rounds of funding.

What is OpenSea?

OpenSea is one of the most popular peer-to-peer NFT marketplaces to buy, sell, and create NFTs on web3. Founded in 2017, OpenSea has earned their spot as the busiest NFT marketplace with a trading volume over $6.5 billion.

OpenSea sells every kind of non-fungible token you could think of. Here is a list of some of the types of NFTs offered on the OpenSea marketplace:

  1. Art
  2. Collectibles
  3. Music
  4. Sports
  5. Trading Cards
  6. Utility based 
  7. Virtual worlds
  8. Web3 domain names

Unlike some of the other NFT marketplaces, OpenSea does not focus on one specific niche within the NFT community. Instead, OpenSea offers a marketplace where both creators and collectors can come to buy, sell, and create all kinds of NFTs.

How to Set Up An Opensea Account

Before creating your own OpenSea account, there are some basic items you will need in order to transact on the marketplace. The necessary items are as follows:

Ethereum wallet:

First thing’s first, you will need to get yourself an Ethereum wallet to store all your cryptocurrency and NFTs, before creating your OpenSea account. You can view a list of wallets accepted by OpenSea here.

One of the most common NFT wallets that people prefer to use is If you would like some guidance on how to set up your Metamask wallet, check out this helpful guide: How to Set Up Your MetaMask Wallet.

Cryptocurrency (ETH):

After you obtain your wallet of choice, you will need to put some cryptocurrency in it. When determining what kind of cryptocurrency you want to use, it really comes down to personal preference. However, the most common currency used for trading NFTs on OpenSea is ETH/WETH.

In order to obtain your own cryptocurrency, you will need to set up an account with a trustworthy exchange such as

Once you have an account set up, all you need to do is enter your debit card or bank account info into your Coinbase account to be verified. Once you are verified, you can purchase ETH and other cryptocurrencies on Coinbase.

If you purchase crypto with your debit card the funds will usually be available immediately. Purchase crypto using your bank account however, and you may not receive your funds for 3-5 business days.

How to Purchase Ethereum (ETH) on Coinbase And Send it To Your Wallet

  1. Go to
  2. Sign in, or create an account
  3. Click Buy / Sell, and select Ethereum
  4. Click, Preview Buy, to confirm your order and then select, Buy Now, to complete your purchase.
  5. When your ETH is available (up to 15 days), send it from Coinbase to your wallet
  6. Open up your Metamask (or any other acceptable wallet) account and copy your wallet address
  7. Go back to Coinbase and select Portfolio, and choose Ethereum. Click, Send, and then paste your wallet address that you copied into the To field. (Always double check you pasted your full wallet address)

Click Continue to send your ETH, it will likely take a few minutes to show up in the wallet you transferred it to.

Although ETH/WETH is the most preferred cryptocurrency on OpenSea, that isn’t to say it’s the only option. OpenSea has over 150 different payment tokens available, such as $UNI, $WHALE, and USDC. It is not currently possible to transact on OpenSea using non-crypto currencies like USD and the Euro.

Now that you have your wallet loaded with some cryptocurrency, you are ready to set up your OpenSea account.

Setting up your OpenSea account

If this is your first time visiting the OpenSea NFT marketplace and you plan on transacting, then you will need to create your account first. Here is how you create your account on OpenSea:

Go to the Connect Wallet tab, found in the Menu section and choose which type of wallet you are connecting to OpenSea. This will prompt you to digitally sign for approval, confirming that you would like to connect your wallet to the OpenSea marketplace.

Once your wallet is connected to OpenSea, you can go to your Profile and update your information in Settings, such as Username, Bio, Email Address, Social Links, and Images. From there, you are all set to go. Generally, after you have set up your OpenSea account you will login by digitally signing, using your wallet.

How to Sell An NFT on Opensea

Selling your NFT should not be a difficult task. That’s why the OpenSea team made their process of selling NFTs very user-friendly. So, how do you sell an NFT on OpenSea?

To sell an NFT on OpenSea go to Menu, then select Account, and finally go to your Profile where you can choose which of your NFTs you want to sell. Choose your NFT and then tap Sell. This will give you the ability to set the price of your NFT and schedule your listing.

When you go to sell an NFT on OpenSea, you may notice that there are four different types of listing options available for you to choose from:

  1. Fixed price (Buy Now)
    The fixed price listing option will put your NFT on sale for a Buy Now price. This listing strategy is straightforward and good if you have a set price for the NFT you’re selling.
  2. Dutch auction (Begins high, ends low)
    When you list your NFT using the dutch auction strategy, you are simply setting a starting price, ending price, and the duration of the auction. As time progresses, the original price decreases until reaching the set floor price.
  3. Auction (Starting price, or reserve price)
    The Auction listing option is your standard English auction. You simply list your NFT for a minimum price and then you allow buyers to bid on it. You also have the ability to set a reserve price and you can accept any offer you would like.
  4. Bundle (list multiple NFTs as one bundle)
    Bundling your NFTs is a great choice if you are looking to sell more than one NFT to the same buyer. When you bundle multiple NFTs, only one transaction is required as opposed to multiple, meaning you the buyer saves on having to pay numerous gas fees.

How to Buy an NFT on Opensea

Considering NFTs have attracted a large crowd of collectors and investors alike, it’s no wonder why OpenSea decided to offer an assortment of NFTs as opposed to one single niche of collectible assets. If you are an NFT collector/investor like myself, then you’ve likely asked, how do you buy an NFT on OpenSea?

Purchasing an NFT on OpenSea is as simple as signing into your Opensea account, and either using the Explore tab, or the Search function to browse for an NFT that sparks your interest. Once you have found an NFT that you would like to buy, select it, then choose Buy Now or Make Offer, if you would like to bid on an item. Finally, you will need to sign for the transaction.

If you put an offer in, you will have to wait until the buyer either accepts or rejects your offer. If you end up needing to cancel your offer, you will need to pay a gas fee in order to cancel your bid. If you choose Buy Now however, then the transaction will occur immediately after your digital signature, and the asset will be transferred to your wallet generally within a few minutes.
OpenSea / VeeFriends

How to Make an Offer

If you put an offer in, you will have to wait until the buyer either accepts or rejects your offer. If you end up needing to cancel your offer, you will need to pay a gas fee in order to cancel your bid. If you choose Buy Now however, then the transaction will occur immediately after your digital signature, and the asset will be transferred to your wallet generally within a few minutes.

Want to verify that you received your NFT after purchasing? Simply go to the OpenSea Menu, then go to Account, Profile, and then make sure you are viewing the Collected tab. This is where you can find all your NFTs that you have collected on your specific wallet address.

Note that your newly purchased NFT make take a moment to populate in your OpenSea account. If you want to verify your transaction on the blockchain, you can do that using

Etherscan allows you to search the blockchain for addresses, transactions, tokens, prices, and anything else taking place on the Ethereum blockchain.

Creating an NFT on OpenSea

Aside from buying and selling NFTs, OpenSea also provides users with an easy solution for minting your very own NFT. To mint your own NFT on OpenSea, follow these simple steps:

  1. Sign into OpenSea
  2. Go to Create, or choose Collection if you’re minting a collection
  3. Enter the name of your NFT and/or collection
  4. Upload any desired media for your NFT 
  5. Customize your OpenSea URL
  6. Add a description up to 1000 characters
  7. Give your NFT a category to help others find it on OpenSea
  8. Enter in any social and website links
  9. Input a royalty percentage (up to 10 percent)
  10. Choose which blockchain you want to mint on (Ethereum or Polygon)
  11. Select Create

Congratulations, you have successfully minted your first NFT on the OpenSea NFT marketplace. Moving forward, if you created a collection, you can always mint new NFTs into that collection.

Keep in mind that you can not change the metadata of any NFT you mint. The metadata includes everything in the list above. So be sure to double check all of your work before minting your NFT.

OpenSea tips and tricks
  • Be cautious when accepting bids and always double check that the offer is in your preferred currency (sometimes people will offer $1 as opposed to 1 ETH).
  • If someone from OpenSea support reaches out to you about any issues you may be experiencing, remain extremely cautious, as this is a common way for scammers to get you to allow them access into your account.
  • Never give out your wallet’s secret phrase or allow anyone access to your device, even if someone claims to be with OpenSea support.  
  • When purchasing or minting an NFT on OpenSea, it’s important that you choose the proper gas speed (transaction speed) to ensure that the transaction goes through. For NFTs, always select the Medium speed at the very least, or choose High, for your best chance at buying/minting your NFT successfully. Choose Low, and you risk losing your gas fee and the transaction will likely fail.
  • If you ever experience a problem where OpenSea does not want to connect with your wallet, or if the buying/selling process isn’t functioning properly, try closing OpenSea and reopening. If that doesn’t fix the issue, you may need to reinstall Metamask on your device.

Opensea is your one-stop-shop to buy, sell, and create NFTs. Whether you are looking to collect your own CryptoPunk or even if you just want to browse around, OpenSea is easy to use and open 24/7.

Are Their Costs Associated with Listing an NFT on Opensea?

There are no costs associated with creating and listing an NFT on Opensea. However, OpenSea takes 2.5% of every transaction involving an NFT that a user chooses to list using OpenSea.

Creators can set a collection-level fee of up to 10%. This means creators can earn revenue every time their NFT is sold using OpenSea. The creator can modify this fee percentage at any time.

Keep in mind that if you are making a collection for someone else or as part of a group, OpenSea does not support contract level splits. So, if you need to split revenue between two parties, you will have to do it outside of OpenSea. You can find more information on Openseas fees via their help center.

What Are the Costs Associated with Canceling a Listing?

To cancel a listing, click on Cancel listing at the top right of your item page. Please note, canceling listings requires a gas fee to make the item unavailable to other users. Gas fees are constantly changing depending on the volume of transactions on the blockchain. You can read more about gas fees here.

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What are Layer 2 (L2) Solutions in the Blockchain and Why Are They Important?

But First, What Is Blockchain?

Blockchain is a fundamental concept in understanding the way cryptocurrency works. But it’s not only limited to its application in crypto.

The blockchain is a database that stores information from transactional records in a universal ledger. Assets are traded and tracked on the blockchain, reducing risk and cutting costs for everyone involved. 

Blockchain allows you to send money to a friend in seconds without worrying about banking fees and other charges. You can also store cash in an online wallet and don’t need anyone’s permission to move it or transfer ownership.

Every block on the blockchain has a specific number of transactions. When a new block generates on-chain, it’s added to each network node’s ledger and uses distributed ledger technology (DLT).

A key concept of blockchain is that it’s decentralized, which allows for transparency and real-time access to assets. Being decentralized also enables the network participants to be collectively responsible for the security, as opposed to having a centralized entity like a bank or governing body.

Other fundamentals of blockchain technology include being immutable and distributed. Since the ledger is immutable, you can always trust that the information is accurate because no one can alter it.

Since the blockchain is also distributed, it potentially protects users from network attacks and other instances of fraud and cybersecurity threats.

Layer 1 vs. Layer 2: What are The differences

Layer 1 is the main blockchain network in charge of on-chain transactions, while Layer 2 is the connected network in charge of off-chain transactions

What are layer 2 solutions?

Layer 2 is a term used for solutions created to help scale an application by processing transactions off of the Ethereum Mainnet (layer 1) while still maintaining the same security measures and decentralization as the mainnet. Layer 2 solutions increase throughput (transaction speed) and reduce gas fees. Popular examples of Ethereum layer 2 solutions include Immutable X, Polygon, and Polkadot.

Why are layer 2 solutions important?

Layer 2 solutions are important because they allow for scalability and increased throughput while still holding the integrity of the Ethereum blockchain, allowing for complete decentralization, transparency, and security while also reducing the carbon footprint (less gas, means less energy used, which equates to less carbon.)

Although the Ethereum blockchain is the most widely used blockchain and arguably the most secure, that doesn’t mean it doesn’t come with some shortcomings. The Ethereum Mainnet is known to have slow transaction times (13 transactions per second) and expensive gas fees. Layer 2s are built on top of the Ethereum blockchain, keeping transactions secure, speedy, and scalable.

Each individual solution has its own pros and cons to consider such as throughput, gas fees, security, scalability, and of course functionality. No single layer 2 solution currently fulfills all these needs. However, there are layer 2 scaling solutions that aim to improve all these aspects; these solutions are called rollups.

What are layer 2 rollups?

Rollups are layer 2 scaling solutions that perform transaction operations off the main Ethereum blockchain, but still post the transaction data onto layer 1. Considering the transaction data is on layer 1, rollups are secured by the same layer 1 security measures. In fact, this is the defining feature that rollups offer to users.

There are three properties of a layer 2 rollup: 

  1. Transactions are executed outside of layer 1 (reduces gas fees)
  1. Data and proof of transactions reside on layer 1 (maintains security)
  2. A rollup smart contract which is found on layer 1, can enforce proper transaction execution on layer 2, by using the transaction data that is stored on layer 1

Ultimately, rollups require users like you and me to stake a bond in the rollup smart contract, which encourages users to verify and execute transactions correctly. 

Rollups are useful because they reduce fees, increase transaction throughput, and expand participation. There are two kinds of rollups with different security measures:

  1. Optimistic rollups assume transactions are valid by default and only runs computation, via a fraud proof, in the act of a challenge
  2. Zero-knowledge rollups runs computation off-chain and submits a validity proof to the main-chain
Optimistic Rollups:

Optimistic rollups sit in parallel to the Ethereum Mainnet on layer 2 and don’t perform any computation (mathematical equations) by default. Instead, after the transaction is complete, they submit the new state to the Ethereum Mainnet, essentially notarizing the transaction.

Optimistic rollup transactions are written into the main Ethereum blockchain, further optimizing transactions by reducing the cost of gas.

Advantages of optimistic rollups include:

  • Low gas fees 
  • Increased throughput
  • Smart contract capability
  • Security (guaranteed by the Ethereum Mainnet)

Disadvantages of optimistic rollups:

  • Long withdrawal time (challenge periods can last for weeks)
    • If a fraudulent transaction is discovered, the rollup will automatically call a fraud-proof and run the transaction’s computation using the available written data, leading to long withdrawal times if the transaction is challenged.

There are several applications of optimistic rollups that you can integrate into your own dapps:

Zero-knowledge rollups:

Zero-knowledge rollups (ZK rollups) bundle thousands of transactions off the main Ethereum chain and create cryptographic proof which is known simply as SNARK (succinct non-interactive argument of knowledge). This is called validity proof, which is posted to the Ethereum Mainnet.

The smart contract for a ZK rollup keeps the data of all transfers on layer 2 and the data can only be edited with a validity proof. Meaning, ZK rollups only need validity proof, opposed to all the transaction data. This function decreases the cost to transact due to less data being included.

When it comes to ZK rollups, there is minimal hesitation when moving assets from layer 2 to layer 1, considering the validity proof has already been approved by the ZK rollup and has already authorized the transaction.

Advantages of ZK rollups include:

  • Near instant transfers 
  • Not vulnerable to the attacks that optimistic rollups may be affected by
  • Still secure and decentralized

Disadvantages of ZK rollups:

  • Validity proofs are extreme to compute for smaller applications with less on-chain activity
  • A user can influence transaction ordering
  • Some rollups don’t offer Ethereum Virtual Machine (EVM) support

There are numerous applications of ZK rollups that you can integrate into your own dapps:

Ethereum layer 2 solutions have some serious potential to change the blockchain landscape for the better. Layer 2 solutions ensure that users are able to maintain all the safety measures used on the Ethereum Mainnet while still being able to transact quickly and at little to no cost for users.

This type of technology may encourage more people to try out the Ethereum blockchain and everything it has to offer. Also, keep in mind that many layer 2 solutions are still in their beta phase, meaning you should research everything in-depth and always remain curious and cautious when exploring the various layer 2 solutions.


What is the Metaverse? A Beginners Guide

Since Mark Zuckerberg changed the name of Facebook to Meta, many people were caught off guard and are now left in the dark as to what Meta is and what the future of the metaverse means. 

Additionally, big-name brands that we love such as Addidas have taken the plunge into the metaverse. Offering their NFTs holders the ability to unlock exclusive access to virtual land experiences and free collaborative merchandise. So, what is the metaverse exactly?

What is the metaverse?

The metaverse is a combination of numerous technologies including virtual reality, augmented reality, and eye-tracking. All of these elements are used to create the ultimate virtual experience within a virtual universe. Examples of a metaverse include Fortnite, Roblox, and The Sandbox.

The term metaverse was first mentioned in Neal Stephenson’s science fiction novel, Snow Crash, published in 1992. Although the term isn’t new, the thought of living in a virtual world might feel a bit futuristic, but in reality, we are already living in a very digitized world.

Ready Player One

“Even though it was initially marketed as a new kind of massively multiplayer online game, the OASIS quickly evolved into a new way of life.”

If you have ever watched the movie Ready Player One, which is set in the year 2045 where much of humanity uses virtual reality to escape the real world, then you understand the concept of operating in the metaverse.

Currently, some metaverses like Somnium Space support several popular VR goggles including Oculus, Vive, and Stream. However, all you really need to enter most metaverses is just a desktop computer and a solid internet connection, meaning the barrier to entry is minimum.

If you’re curious to know how you can enter the metaverse, make sure to check out our article Explaining the Top 4 Metaverses, where you will learn what each popular metaverse offers, as well as how to enter each space.

What’s in the metaverse?

The metaverse and its contents remain a mystery to many. After exploring the metaverse myself, I noticed several elements you will find within the virtual space.

The metaverse contains a number of different elements such as 3D avatars, digital assets, games, businesses, and various events that support an entire virtual economy. As a user, you can monetize your creations, meet with friends, participate in virtual events, and even host business meetings.

While exploring the metaverse you may quickly realize that it offers many of the same features that you might find in the real world. 

The one major difference with the metaverse is that you can travel the world all from the comfort of your own home, using just your computer and VR goggles if you have a pair. As well, you can literally teleport to different locations. Whether you want to teleport to the next city or even the next room, you can do it all in the metaverse.

Why is the metaverse important?

Understandably, many people might fail to gauge the importance that the metaverse has in our society. So, why is the metaverse so important?

The metaverse is important because it offers humans an in-person way to connect and communicate from anywhere in the world virtually. Furthermore, the metaverse supports a whole virtual economy where users can enjoy numerous activities like building a business, networking with others, and even hosting family gatherings.

Just imagine for a second that you and your family aren’t able to get together for the holidays, so instead, you put on your VR headset and join each other in the same room virtually. You can still enjoy each other’s company, play games together, and even explore other metaverse worlds all from your own home.

The same can be said for business meetings and even training sessions. You and your colleagues can all sit around the same table, view the same presentation, and then discuss matters further in a completely immersive environment. Then once the meeting is over, you can simply take off your headset and be back at home with your family.

More so, the metaverse allows you to actually create a real business within the confinements of any virtual land you own.

For example, you can build and monetize a recreational arena where others can come to play games and host events, open a VR clothing store, and even monetize your skills as a builder in the metaverse where you can charge users a fee in exchange for an architectural structure or other digital creation.

This will, in turn, create more job opportunities, as there will be a demand for developers, virtual architectures, and much more. Really, your imagination is your limit, and this is especially true in the metaverse.

Ultimately, the metaverse allows you to be anywhere, anytime, and with anyone in a realistic setting. This convenience may further improve your relationships and your ability to receive hands-on training and guidance from home.

What currency is used in the metaverse?

Of course with new economies comes new types of currencies, and not all metaverses use the same currency.

In the metaverse, the only type of currency accepted is cryptocurrency. There are different types of cryptocurrency used depending on which metaverse you’re in. An example is Decentraland, where their native currency is MANA.

Other metaverses like Cryptoxles make it easy for users and allow you to transact with more common crypto such as ETH.

Examples of the metaverse

As of today, there are several metaverses that are currently available for anyone to explore, and some even support a thriving community with thousands of users.

Popular examples of the metaverse include Cryptovoxels, Decentraland, Roblox, Somnium Space, and The Sandbox. Metaverses like CryptoVoxels, Decentraland, and Somnium space are advertised more so as VR platforms, whereas Roblox and The Sandbox are better known as online gaming platforms.

If you aren’t familiar with any of these platforms, no worries. Other games like Fortnite and Minecraft are considered to be modern-day metaverse as well. In fact, Fortnite CEO Tim Sweeney has described Fortnite’s user experience as a metaverse because it is a virtual 3D space that combines gaming with non-gaming elements.

Overall, the metaverse is still in its infancy, but that’s not to say that the potential for innovation isn’t huge. The number of brands building within the metaverse is increasing at a rapid pace. Atari, Addidas, Google, Microsoft, Nike, and Sony are just a few of the companies that are currently building their brand in the metaverse.

How do you enter into the metaverse?

Visiting the metaverse is simple. First, choose one of the several metaverses available that you wish to participate in. Next, you may be required to get your own crypto wallet along with some cryptocurrency for in-game use depending on the metaverse. Finally, create your avatar name and account before venturing into the metaverse.

In general, entering the metaverse is very easy, requires minimal effort, and is user friendly. Now, you’re likely wondering what some of the top metaverses are and what each one offers compared to the next. After hours of research, here are some of the top metaverses explained.

1. Cryptovoxels
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Cryptovoxels is a user-owned virtual world built on the Etherum blockchain that consists of a city known as Origin City. The streets of Origin City are owned by the corporation, whereas the individual parcels are owned by people like you and me. 

In order to get started exploring the Cryptovoxels metaverse, all that you really need is a computer and a steady internet connection. Cryptovoxels does not require you to install an Ethereum wallet or even own a parcel to be able to interact with the world. Rather, simply head to to start exploring this virtual city.

Along with exploring Origin City, users are capable of creating, buying, and selling their own assets by using the in-game voxel builders, and then trading them on the NFT marketplace OpenSea.

For currency, Cryptovoxels previously had its own in-world currency called $COLR. As of June 2020, however, the token has been announced dead after Cryptovoxels decided to transition into using ETH as their preferred currency for all transactions.

When navigating through Origin City, you will notice that the overall function is smooth and user friendly. You can easily view the explorer while navigating to bring up a list of parcels and events, which you are able to teleport directly to. 

If you are curious about the metaverse and you desire a little taste for yourself, I believe that Cryptovoxels is a great place for you to start in order to get a hang of things in the virtual world.

2. Decentraland
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Decentraland is another popular space in the metaverse which is also built on the Ethereum blockchain. In Decentraland, you can purchase virtual real estate known as LAND, which is stored on the Ethereum blockchain in the form of a non-fungible token (NFT).

In order to obtain your own lot of LAND in Decentraland, you need to get a hold of Decentraland’s fungible ERC-20 cryptocurrency, MANA. With MANA, you are able to burn or spend it, in exchange for your own parcel of LAND. A parcel in Decentraland measures 16 meters by 16 meters, or 52ft by 52ft.

If you want to try Decentraland without getting a wallet, that’s fine. You can still roam around the virtual world, customize your avatar, and communicate with others, but you won’t be eligible to receive rewards or attend the various virtual events.

Additionally, it gets even more exciting with Decentraland’s very own marketplace, where you are able to trade and manage all of your digital assets. The Decentraland marketplace allows you to buy and sell parcels, as well as estates of LAND, digital wearables, and even unique avatar names.

3. The Sandbox
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The Sandbox was originally developed as a game for mobile devices and Microsoft Windows by Pixowl, and was released in 2012. However, in August 2018, Animoca Brands acquired The Sandbox in order to develop a whole new kind of game—a voxel based blockchain game—where users have the ability to earn from their in-game creations.

There’s more than 166K land pieces available in The Sandbox, which are split in two separate categories: regular land (96 meters by 96 meters), and estates (a combination of several land pieces used for building online experiences).

As for the assets, they are minted in the form of ERC-1155 tokens, which essentially act as a dual purpose fungible and non-fungible token, and are often used for in-game assets. These assets represent user-generated content like game characters and accessories. 

If you couldn’t tell, games represent the core of The Sandbox’s virtual world. You are able to build your own game and assets with no coding skills, thanks to The Sandbox’s easy to use interface. The creation tool VoxEdit, allows you to create your own in-game assets, while the Game Maker lets you build 3D games for free which you can then monetize.

There are numerous means to earn rewards and cryptocurrency playing The Sandbox. All you have to do is play games, make games, and create assets.

The Sandbox ensured that building games and creating assets is easy for anyone to do. After becoming a verified artist through the creator fund, you can export your creations to The Sandbox marketplace and start earning cryptocurrency as a reward for your creative talents.

4. Somnium Space
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Perhaps one of the lesser known metaverse worlds right now is Somnium Space, which is advertised as a new virtual reality world that is open, social, and present.

Somnium Space has created a virtual reality world with its own economy and currency, all tied together seamlessly. The platform is available from any device in 2D mode, or you can take advantage of VR technology and really submerge yourself in the metaverse from both your desktop and mobile device.

As far the VR technology goes, Somnium Space allows you to enjoy their virtual world using all of the major VR headsets. In fact, Somnium has partnered with Sony to take advantage of their 3D model creation technology, which permits users to build their own avatar characters effortlessly.

Moreover, Sony’s VR space inside of this special metaverse is the first of its kind! From what I can tell, Somnium Space appears to be extremely focused on scaling their community and offering users the ability to monetize their virtual land and assets.

Something I find exceptionally beneficial in this metaverse is the potential to analyze gaze tracking (measuring where people look), user engagement, and conversion rates.

If this doesn’t excite you and scare you at the same time, I don’t know what will. I believe that the opportunity to build something very user-centric in a virtual environment—and have the option to monetize your creations—is huge!

Somnium Space keeps the community at their forefront with daily meetups, an events calendar, and consistent communication across all their social media platforms. Although Somnium Space may not be the go-to metaverse right now, I’m confident that this community-focused virtual reality world will be one of the top in due time.

The future of the metaverse

The metaverse is new, exciting, and full of so much opportunity. You are able to meet new people, create your own assets, and monetize your creations like never before. Welcome to the future. Welcome to the metaverse.

Google Trends
Google Trends

A quick search on Google Trends shows a huge spike in the search volume of the metaverse right around October 2021. Meanwhile, VR has seen a healthy fluctuation in search volume dating all the way back to December 2015.

I think this is a clear sign that the potential of the metaverse is about to be unleashed in the coming years, along with an abundance of opportunity, especially for those who are curious enough to explore the space early.

So, are you ready to explore the world from home? If so, jump into the metaverse and check it out, an entire world full of opportunity awaits.


Solana Is Now on OpenSea | What Does This Mean for Solana?

Solana is the fastest growing blockchain in the world, with thousands of people spanning across DeFi, NFTs, Web3, and more. Recently, OpenSea announced that Solana is now a supported blockchain on their platform, so what does this mean for Solana?

Solana’s integration into the OpenSea marketplace means that Solana is a real competitor in the world of NFTs. Boasting quick transaction speeds and low gas fees, Solana has all the right things to compete with popular blockchains like Ethereum.

So what does this all mean for Solana?

Why use Solana on OpenSea?

If you are wondering why someone might want to use Solana over Ethereum on OpenSea, there are a few legitimate reasons.

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  • Keep NFTs in your wallet right until they’re sold

Unlike other NFT marketplaces, when you list an NFT on OpenSea, your NFT remains in your wallet until it is sold. This may not seem like a big deal, but it’s nice to know where your NFTs are at all times in my opinion.

  • It’s energy-efficient and eco-friendly

We all know that Solana is one of the most efficient NFT blockchains in the world, and that remains true on OpenSea. A transaction on the Solana blockchain uses less energy than two Google searches. Take that, Ethereum! 

  • Enjoy low gas fees and fast transactions

In addition to the minimal amount of energy required to transact on the Solana blockchain, the gas fees are extremely low (less than $0.01) and super fast, with a theoretical throughput of 65,000 transactions per second.

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If this seems too good to be true, it’s not. This is the future of blockchain technology. Most of us are accustomed to exorbitantly high transaction fees and subpar throughput times, but that is only because this technology is so new.

As blockchain technology continues to progress, as will its optimization. Solana is a good example of what the potential of blockchain tech will look like for all users, and likely in the very near future.

OpenSea’s Solana Beta

To be completely honest, Solana is still in the Beta phase on OpenSea, but that doesn’t mean its potential to take over the NFT industry is any less. So, what can you do with OpenSea’s Solana Beta phase?

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The initial beta launch of Solana on OpenSea means that there will be limited collection coverage. Currently, there are approximately 190 NFT collections from the Solana blockchain showcased on OpenSea, but that hasn’t slowed anyone down from buying their own Solana NFTs. 

One of the main reasons OpenSea is starting off slowly with the integration of Solana is to receive feedback from the community. Web3 is all about community involvement, and I believe this is the right move on OpenSea’s end, simply because the community knows what they want, and all Opensea has to do is watch and listen.

OpenSea asks that users share any feedback in the #solana-discussion channel in their Discord.

How to see your Solana NFTs on OpenSea

If you want to see your Solana NFTs on OpenSea, first make sure that you are logged in with your Solana wallet. For the time being, you will have to use separate wallet accounts for your Ethereum-based and Solana-based NFTs.

Ensure that you are logged into your Solana account by checking that the wallet address on your OpenSea account is the one associated with your Solana wallet. Once you are logged into OpenSea, you can view all your Solana-based NFTs under the Collected tab in your profile.

Without a doubt, OpenSea’s decision to integrate Solana into their platform was a wise move, not only for the Solana network but for OpenSea as well.

Considering Solana is one of the most popular NFT blockchains following behind Ethereum, this should bring even more users to the OpenSea platform. Ultimately, it’s a win-win for everyone.


What Is Emblem Vault?

There is a rich history of NFTs that were created on the Bitcoin blockchain, predating many of the popular NFTs we know today. However, because these NFTs are so old, many people aren’t aware they exist, and even if they did, buying and selling them is not easy. That is, until the creation of Emblem Vault in 2020.

Emblem Vault is a tokenized multi-asset wallet on the Ethereum blockchain that can contain one or more tokens or NFTs. You can use Emblem Vault to trade portfolios of NFTs and cryptocurrencies, including assets from different chains, as a single token.

Emblem Vault isn’t exactly new, however, this extraordinary protocol remains relatively unknown. I think it’s time that we open up the vault to the rest of the world, and learn more about what it is and how it works.

What is Emblem Vault?

Every vault within Emblem Vault contains a series of blockchain addresses and is generated from a single secret phrase. You can store various digital assets in each of the addresses and only the person with the secret phrase can send assets to other wallets.

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Essentially, the Emblem Vault protocol allows you to take different blockchain tokens and put them into a single token, which acts as a multi-asset crypto wallet in itself. The vault is created as a unique ERC-721 token.

Currently, Emblem Vault can utilize assets from Bitcoin, Ethereum, XDai, Polygon, BSC, and Phantom.

What can you do with Emblem Vault?

You can use Emblem Vault in ways unimaginable, let’s take a gander at the various ways you can use it.

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  • Value backed digital assets

You can create a value-backed digital vault that contains one or more digital assets, along with some cryptocurrency. 

  • Tradeable portfolios

You can create tradeable portfolios that combine multiple assets into a single token. For example, you can make a portfolio that contains 50% ETH, 40% Bitcoin, and 10% LINK, and trade all these assets as a single ERC-721 NFT.

  • Portable liquidity pools

You can create a vault with multiple pooled tokens to make transferable liquidity pools, as well as transparent funds. You can do this because Emblem Vault enables you to create a vault that is held by a community, or other trusted third parties.

So, how does all of this work? Great question.

How does Emblem Vault work?

Emblem Vault works by wrapping digital assets to make them modern ERC-721 NFTs, the same type of NFTs that are often traded on popular NFT marketplaces, like OpenSea. That way you can buy and sell assets that predate the ERC-721 standard.


One example of a popular NFT that predates the ERC-721 standard is Rare Pepe’s. These NFTs are some of the first NFTs that were ever created. Rare Pepe NFTs were originally created on the Bitcoin blockchain and were often traded on the CounterParty platform.

However, because Rare Pepe NFTs weren’t originally minted as ERC-721 NFTs, they couldn’t be traded on popular NFT marketplaces like OpenSea, unless they were wrapped to this new standard.

Where to buy Emblem Vault NFTs

If you want to buy your own Emblem Vault NFT such as a Rare Pepe, you have a couple of options to choose from.

You can buy Emblem Vault NFTs on OpenSea, LooksRare, and their official website. OpenSea is currently the most popular platform for trading Emblem Vault NFTs, but the others are worth looking into, in order to find the best possible deal.

To create your own vault using Emblem Vault, simply go to Emblem.Finance, select Create, connect the wallet that you would like to create your vault with, and then you can add a name and description.

If you want to sell your Emblem Vault NFTs on a marketplace like OpenSea or Rarible, you will want to follow this how-to guide for more in-depth instructions.

Ultimately, Emblem Vault acts as a modern-day digital asset wrapper that enables old NFTs to be traded in the current market with ease.

Additionally, Emblem Vault gives you the ability to combine multiple assets into a single token, making it easier to trade, and even build a strong digital portfolio.


What Is the Stacks Blockchain?

The Bitcoin blockchain is one of the most trusted and well-known blockchains available, however, it does have its limitations. Now developers are figuring out how to utilize Bitcoin’s secure blockchain technology while adding new features. Such is the case with the Stacks blockchain.

Stacks is a layer-1 blockchain that is linked to Bitcoin by its Proof of Transfer (PoX) consensus mechanism. This enables Stacks to leverage the security and capital of Bitcoin for decentralized apps and smart contracts.

At this point, there are so many blockchains it can be hard to keep track of them all. With that, the Stacks blockchain is completely different from any other blockchain currently available. Let’s take a look at how it is different.

What is Stacks?

A popular misconception regarding the Stacks blockchain is that it is a layer-2 sidechain of the Bitcoin blockchain, however, this is not true.

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Stacks is its own layer-1 blockchain, similar to how Ethereum and Cardano are their own blockchain, except the Stacks blockchain is linked to the Bitcoin blockchain using the first-of-its-kind Proof of Transfer (PoX) consensus mechanism.

This type of blockchain runs parallel to another blockchain—in Stack’s case—the Bitcoin blockchain.

How does Stacks work?

Stacks’ one-of-a-kind mining algorithm assures the history of all blocks ever created is resolved on Bitcoin. A maximum of one Stacks block is mined for each Bitcoin block, and if there is competition, a winning Stacks block is selected at random by a cryptographic sortition process.

PoX is a unique mining system in which block producers are chosen by sending another cryptocurrency to a preset list of addresses on another blockchain. It sends Bitcoin to Bitcoin addresses that STX token holders specify on a regular basis in the Stacks 2.0 version of PoX. 

PoX mining, like PoW mining, is a kind of single-leader mining. Each block is created by a single miner, and each miner can pick any existing block as its parent block.

Why is Stacks important?

The importance of the Stacks blockchain stems from its aim to bring new functionalities to Bitcoin’s mainnet blockchain. However, since Stacks’ blocks are anchored to Bitcoin’s blockchain, the time to mine a Stack’s block remains the same as Bitcoin, which is approximately 10 minutes.

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So, does that mean that Stack’s blockchain is limited to the same throughput that the Bitcoin blockchain is limited to? Absolutely not.

To avoid this potential issue, Stacks has implemented a mechanism called microblocks that enables increased transaction throughput and speed. Blocks that are confirmed on the Stacks blockchain simultaneously to Bitcoin blocks are called anchor blocks, which occur about every 10 minutes.

That is where microblocks come in. Between these blocks, microblocks make a rapid settlement of Stacks transactions. Then, once the associated anchor block has been approved on the Bitcoin blockchain, the microblocks are also approved.

Through this innovative method, Stacks achieves scalability.

What is STX?

STX is the native cryptocurrency of the Stacks blockchain. It is used to fuel smart contracts for Bitcoin and to reward miners on the Stacks network, plus it enables holders to earn bitcoin by Stacking.

What can you do with Stacks?

Of course, the Stacks blockchain wasn’t just created as a way to increase Bitcoin’s throughput speed. The stacks blockchain allows you to do many things that can’t be done on the Bitcoin blockchain, including:

Bitcoin NFTs

The Stacks blockchain enables users to create their own NFTs with Clarity smart contracts. Because Stacks is linked to the Bitcoin blockchain, NFTs created on Stacks are just as secure as Bitcoin.

Additionally, marketplaces are enabling Lightning and Bitcoin payments and even Bitcoin yield-generating NFTs.

Bitcoin DeFi

Given Bitcoin’s roughly $1 trillion market cap and rising acceptance, Bitcoin DeFi represents a vast, unexplored industry. Despite its expanding usage as sovereign money, Bitcoin hasn’t been as productive of an asset for DeFi as other cryptocurrencies without passing through controlled exchanges or distinct blockchains in the form of wrapped BTC. Stacks alters this.

Considering Stacks contracts’ visibility into the Bitcoin state, as well as Stacks’ natural ability to exploit Bitcoin’s security and settlement assurances, Stacks is positioned to allow real Bitcoin DeFi. Because the Stacks chain is linked to Bitcoin via the Proof of Transfer (PoX) consensus mechanism, all Stacks transactions settle on Bitcoin.

This assures that Stacks shares Bitcoin’s long-term, unprecedented security for transaction reorgs.

Blockchain Domain Names

Stacks enables what is known as a Blockchain Naming System (BNS), which binds Stacks usernames to an off-chain state without relying on a single centralized entity. Unlike Domain Name System (DNS), anyone has the ability to create a namespace and set its properties.

A blockchain Naming System (BNS) is a network system that binds Stacks usernames to an off-chain state without relying on any central points of control. Unlike DNS, anyone can create a namespace and set its properties.

Namespaces are generated on a first-come, first-served basis, and they are permanent once formed. BNS names have three important qualities that make them a great tool for developing all types of network applications, such as:

  • The protocol does not allow name collisions.
  • Human meaning, each name is chosen by its creator.
  • Only the owner of the name can change the state to which the name belongs.

Ultimately, Stacks is a blockchain that retains the safety and trust of the Bitcoin blockchain by using a Proof of Transfer (PoX) consensus mechanism, but allows for some new features, in addition to an increased throughput speed.

To learn more about the Stacks blockchain, visit