alex👾

@alex-eth

209 Following

173 Followers

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drawing trees with pencils

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Happy monday 🍂☀️

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Morning. Happy saturday. 🌄 📸

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How to draw a circle scenery easy |

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Guardians of MiddleVerse

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Sneak peek into my latest piece I'm working on 😉

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Man on the moon

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I was out for my morning stroll through Jephsons,

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One of the significant advantages of NFTs for creators is the ability to earn royalties on secondary sales. Smart contracts can be programmed to pay a percentage of each subsequent sale back to the original creator.

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Digital art has been revolutionized by NFTs, allowing artists to monetize their work directly without intermediaries. By minting their artwork as NFTs, artists can sell their pieces to collectors who gain verifiable ownership.

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Some people buy cryptocurrencies as a long-term investment. Believing in the future growth potential of these currencies, they hold Bitcoin, Ethereum, and other digital assets, expecting their value to increase over time

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NFTs are increasingly being used in the gaming industry to represent in-game assets such as characters, skins, weapons, and even virtual real estate. These assets can be bought, sold, and traded by players, and their ownership is verifiable on the blockchain.

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NFT marketplaces like OpenSea, Rarible, and Foundation provide platforms for buying, selling, and trading NFTs. These marketplaces function similarly to auction houses or online stores, where creators can list their NFTs for sale, and buyers can browse and purchase items.

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NFTs, or Non-Fungible Tokens, are unique digital assets verified using blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique and cannot be exchanged on a like-for-like basis.

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Another popular method for earning income is through daily and long-term trading of cryptocurrencies. Traders analyze the market and predict price changes to buy and sell cryptocurrencies, aiming to profit from price fluctuations

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In certain blockchain networks, individuals can lock their cryptocurrencies in the network (staking) and receive rewards in return. This process helps in validating transactions and maintaining the security of the network

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The cryptocurrency ecosystem is a complex and dynamic system that encompasses various elements including digital currencies, blockchain technology, mining, and exchanges. At its core, cryptocurrencies like Bitcoin and Ethereum operate on a decentralized ledger called blockchain, which ensures transparency and security

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The environmental impact of NFTs has been a topic of debate due to the energy consumption of blockchain networks like Ethereum, which use proof-of-work consensus mechanisms. However, the industry is moving towards more sustainable practices.

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NFTs can help protect intellectual property by providing a digital certificate of ownership and authenticity. This is particularly valuable for creators who want to ensure their work is not replicated or misused without permission.

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Smart contracts are a revolutionary aspect of the cryptocurrency ecosystem, primarily facilitated by platforms like Ethereum. These are self-executing contracts where the terms of the agreement are directly written into code

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