NFT Robots is an app that allows you to trade NFTs with the support of a community and a core team of experts.
It uses digital trading algorithms and software combined with one-on-one guidance from industry professionals to help people from all backgrounds break into the NFT trading market.
The platform shares information about what NFTs are and how to trade them successfully, as well as providing valuable insight into what makes the market tick. Overall, NFT Robots is the perfect place for beginners and experts alike to come together and make the most of this exciting and innovative opportunity.
Simplicity was important to us when designing NFT Robots. We know that trading is complicated and can be a bit overwhelming when you first start, so we wanted to keep processes as streamlined and efficient as possible.
Here is a brief overview of what to expect when getting started with NFT Robots.
The first step is the easiest. It takes less than a minute to register your interest with NFT Robots. Don't worry- there is no contract or commitment- only a simple signup sheet to let us know that you are interested. All you need to provide is a name and contact number so we can move to the next stage.
We keep it personal and professional at NFT Robots. Our team has a wealth of knowledge that allowed us to build such a great platform, but it can also help directly. Once you register, you receive a call from a hand-selected account manager and advisor who can act as a guide throughout your journey with NFT Robots. This call is about answering your questions, explaining more about the system, and getting you confident to go live.
The last step before the real thing is taking your time to understand the platform. During your initial conversation with one of our people, they can explain the controls and how the interface works, but it is always best to take some time yourself. There is no rush! Learn at your own pace and let your account manager know if you have any further questions.
If you are currently sitting there trying to wrap your head around what on earth an NFT actually is, then you are not alone. You would not be the first nor last person to consider trying your hand at NFT trading before fully understanding what it all means.
Let us try to clear things up a little. First, NFT stands for non-fungible token. If something is non-fungible it means that it cannot be replicated exactly and is not interchangeable with anything else. To provide a contrast, Bitcoins are fungible tokens. They are digital coins with identical attributes and identical values and can be swapped with one another with no effect. This is the main difference between NFTs and cryptocurrency.
An NFT is a digital file, perhaps a piece of art or photography, a music clip, or a video, that is minted on a blockchain to give it a unique stamp and signature. Even if somebody copies, downloads, or screenshots the image or file, they do not own the rights to the original. Think of it this way: you can go online and buy a print of a masterpiece by Van Gough or Picasso, but that doesn't mean you have ownership of the original painting. It is not the files themselves that people buy and trade: it is the official ownership.
NFT started predominantly on the Ethereum blockchain but has since branched out across multiple channels. The largest NFT marketplace, Opensea, still operates on ETH.
The history of NFTs is fairly brief. It has only really been the last two years when they really came into their own and began dominating the crypto market. Before then, there had only been small movements within niche markets. Those who were already on the inside got things going, but it was all still very far away from mainstream attention.
As it happens, there is nothing quite like a global lockdown to get people google searching for interesting crypto developments and alternative means of investment. 2020 was a year to remember for all the wrong reasons, but it was also the year that NFTs skyrocketed.
From 2014 to 2019, some digital artists had begun creating unique coins and dabbling in minted memes. Pepe the Frog was the first meme to become an NFT in the collection known as Rare Pepe. 2017 saw the launch of the first collectible NFTs as we know them today. CryptoPunks by Larva Lab opened the gate from everything that would follow. In fact, it remains the most successful collection of all time.
In 2020, NFTs went mainstream. Backing from celebrities, moguls, and entrepreneurs combined with a lot of time spent at home on the internet meant more and more people were discovering NFTs and getting involved. Fast forward 25 million active digital wallets connected to marketplaces and $40 billion worth of revenue, and NFTs are officially a big deal.
As it stands, the interest in this market is still growing. NFTs are branching out into new areas, including interactive gaming tokens and virtual reality.
Digital art remains the most popular investment sector, with many calling it the new age of fine art collecting. Whether you are in it for the art, the fun, or the appreciating value, it is certainly an appealing concept.
Around the globe, countries are beginning to introduce NFTs in various areas. International markets are beginning to catch on to the soaring popularity coming out of the USA and China. The introduction of the Metaverse has created a whole new buzz. Furthermore, the future of NFTs expands every day. Who knows how far it could go? All we know is that we want to be on board for whatever comes next. What about you?
Investing in NFTs- like all investment markets- comes with risk. Anybody who tells you that an investment is 100% risk-free is most likely being dishonest. Risk is part of the industry: managing it efficiently is what makes a good trader great. If you can balance the risk within your parameters then, yes- NFTs can be great investments.
There are many branches of NFTs, making it a diverse and flexible market. On one side you have digital art, which can be likened to fine art collecting. People have been investing in artwork for centuries, and this is the newest wave. At the opposite end, you have functional interactive NFTs that are used in gaming, VR, and the emerging Metaverse. They are hot commodities right now with global interest.
Cryptocurrency was once called a fad: a passing craze. NFTs now receive a similar review for many financial experts. However, many of those same experts said Bitcoin could never amount to anything- yet here it is on the edge of becoming one of the most important forces in international currency.
When something is new, unknown, and innovative, it is normal for people to have doubts. Those who can see the true value have an exciting ride ahead. Again, it is not without risk, but then no trading really ever is.
NFT Robots is not an NFT marketplace- it is a digital trading platform designed specifically for NFTs. Marketplaces hold auctions, display collections, and allow artists to mint new collections, whereas trading platforms allow investors to buy and sell existing assets with the aim of gaining profits.
If you are looking for an NFT marketplace, they are plenty. Opensea is the biggest, but other leading sites include Rarible and SuperRare. Anyone interested in learning more about the industry should join NFT Robots and a couple of marketplaces to gain insight from both sides.
Anyone looking to create their own NFTs should head to a marketplace that allows all users to mint creations. Some are exclusive and only allow approved artists, but others welcome everyone to the party.
To mint an NFT, you need to have a digital wallet with enough funds to cover the costs (these vary greatly depending on the blockchain you use) and an original file that is your intellectual property. It is as simple as creating, uploading, adding attributes, and minting.
A blue-chip NFT is a high-value token. The name relates to the traditional trading market where top-grade assets are known as blue-chip stocks. In both senses, blue-chip means high-quality, high-price, and high-yield investment opportunities. They tend to have big names and stellar reputations.
Examples of blue-chip stocks in the traditional markets include Walmart, Disney, and American Express. Some blue-chip NFT examples are CryptoPunks and Bored Apes.
The term originates from poker chips, with the blue chip being the highest value chip on the table once.
You can set up an online digital wallet with any major coin exchange platform. There are also some independent e-wallet providers you can use but be sure to research their security standards first. Websites such as Coinbase are good places to start.
To create a digital wallet, all you need to do is register. The details required for registration may vary depending on what platform you choose. Take a note of your login details and keep them private. A digital wallet is essentially your crypto bank account, so you don’t want people knowing how to access it.
When you set it up, you receive two codes: an access code and a security code. The first acts as your account password: you need to provide it anytime to want to access the funds. Your security code is like a digital signature. Before any crypto transaction can be approved and processed, this key must be entered.
Offline digital wallets work in the same way except the information is stored on a drive rather than an online account. People who have security concerns or particularly large sums of money may prefer to use this as a backup. Most online e-wallet accounts through reputable suppliers have compatible offline drives that you can withdraw all funds and files to. You can buy them on coin exchanges and large e-commerce retailers.
NFTs have never been bigger. Now is the time to get in on the action, so don’t wait any longer. You can become a NFT Robots member in minutes by registering a new account on our login page.
It doesn’t matter how much or little you know about NFT trading- we are here to help. If you are ready for an adventure in the most creative corner of the crypto space, then join NFT Robots today!