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Summary of the 2023 Precipitation Measurement Mission Science Team Meeting
Mon, 03 Jun 2024 17:15:26 +0000
Andrea Portier, NASA’s Goddard Space Flight Center/Science Systems and Applications, Inc., andrea.m.portier@nasa.gov Introduction The annual Precipitation Measurement Mission (PMM) Science Team Meeting (STM) took place September 18–22, 2023, in Minneapolis, MN. The PMM program supports scientific research and applications, algorithm development, and ground-based validation activities for the completed Tropical Rainfall Measuring Mission (TRMM) and current […]
Match ID: 0 Score: 75.00 source: science.nasa.gov age: 0 days
qualifiers: 40.00 japan, 35.00 india
U.S. and China lay out competing security visions for Asia-Pacific
Mon, 03 Jun 2024 10:32:03 +0000
Speeches by Defense Secretary Lloyd Austin and Chinese counterpart Dong Jun at the Shangri-La Dialogue heavily referenced Taiwan and underscored growing U.S.-China tensions.
Match ID: 1 Score: 60.00 source: www.washingtonpost.com age: 1 day
qualifiers: 40.00 china, 20.00 taiwan
A Portrait of Japanese America, in the Shadow of the Camps
Tue, 04 Jun 2024 10:00:00 +0000
An essential new volume collects accounts of Japanese incarceration by patriotic idealists, righteous firebrands, and downtrodden cynics alike.
Match ID: 2 Score: 40.00 source: www.newyorker.com age: 0 days
qualifiers: 40.00 japan
China’s lunar probe makes first successful takeoff from far side of moon
Tue, 04 Jun 2024 07:18:36 GMT
State media hails ‘unprecedented feat’ as Chang’e-6 begins journey back to Earth carrying samples
A Chinese probe carrying samples from the far side of the moon has started its journey back to Earth, the country’s space agency has said – a world first and a major achievement for Beijing’s space programme.
The ascender module of the Chang’e-6 probe “lifted off from lunar surface” and entered a preset orbit around the moon, the China National Space Administration (CNSA) said.
Continue reading...Sanmu Chen appeared to write the date of massacre in the air as anniversary becomes increasingly sensitive in Hong Kong
Hong Kong police detained an artist on Monday night after he appeared to write “8964” in the air with his hand, a reference to the date of the Tiananmen Square massacre, hours before Tuesday’s 35th anniversary.
Public acknowledgment of the events of 4 June 1989, when Chinese soldiers shut down a weeks-long peaceful protest with violence, killing anything from several hundred to several thousand people – is banned in mainland China and increasingly sensitive in Hong Kong.
Continue reading...Insistence on investment purity misses the point and will only lead to a decline in arts sponsorship
In a ranking of climate villains in the fund management industry, Baillie Gifford would surely come a long way down most people’s list. The Edinburgh-based firm preaches long-termism and its specialism is backing technology companies, especially those with kit to accelerate the transition to cleaner energy and transport. It was early into Tesla on the thesis that polluting internal combustion engines are on the way out and Elon Musk had a winning electric design. Another high-profile bet was Northvolt, the Swedish pacesetter in batteries that is now the net zero envy of the rest of Europe.
Few portfolios in the mainstream asset management world are entirely free of fossil fuel assets but Baillie Gifford’s are definitely at the less oily end. As the firm has pointed out repeatedly in recent weeks, only 1% of the £225bn of the assets it manages is invested directly in fossil fuel companies, and the figure is still only 2% if one includes stocks such as supermarkets that sell petrol. That’s versus an industry average of 11%.
Continue reading...Trump fans say his conviction is an overreach. But a close look at another recent fraud trial shows his case was run-of-the-mill.
The post To Understand the Trump Verdict, Look at the Case Against Shukhratjon Mirsaidov appeared first on The Intercept.
‘Establishment figures’, journalists and experts banned from entering country over what it terms ‘provocative anti-Russian rhetoric’
Here’s a bit of detail from the Financial Times’ report that the Power of Siberia-2 gas pipeline project has run into trouble. Spokespeople for both Beijing and Moscow issued statements in relation to reports that the project is deadlocked – so in case you’ve not read the FT’s report, this is what that’s all about.
Citing three people close to the matter, the FT reported that the Power of Siberia-2 gas pipeline project has stalled over demands made by Beijing on price and supply levels.
What is Beijing asking for? It concerns both prices and supply, according to the FT’s sources. The people familiar with the matter told the newspaper that China wants to pay little more than Russia’s heavily subsidised domestic prices and would only commit to buying a small proportion of the pipeline’s planned annual capacity.
What does this mean? It shows how Beijing has the upper hand in this deal – Russia’s invasion of Ukraine has left president Vladimir Putin increasingly dependent on China as Gazprom suffers heavy losses.
What is the Kremlin asking for? When Putin and Xi met last month in Beijing, Putin made three key requests, according to the people familiar with the matter. A deal on the pipeline; more Chinese bank activity in Russia; and for China to decline to attend a peace conference being organised by Ukraine.
Continue reading...Events marking 35 years since troops ended peaceful protest with deadly violence are banned in China and Hong Kong
Chinese and Hong Kong authorities have arrested or put under surveillance several dissidents before the anniversary of the Tiananmen Square massacre this week, according to human rights groups.
On 4 June it will be 35 years since Chinese soldiers shut down a weeks-long peaceful protest with violence, killing anything from several hundred to several thousand people.
Continue reading...Spacecraft to collect samples from rarely explored area after landing heralded as ‘enormous technical achievement’
China has landed its uncrewed Chang’e-6 lunar probe on the far side of the moon, marking an important step in the country’s 53-day mission to retrieve rock and soil samples from the “dark” lunar hemisphere, in what would be a world first.
The landing elevates China’s space power status in a global rush to the moon, where countries including the US are hoping to exploit lunar minerals to sustain long-term astronaut missions and moon bases within the next decade.
Continue reading...I don’t think it’s an exaggeration to predict that artificial intelligence will affect every aspect of our society. Not by doing new things. But mostly by doing things that are already being done by humans, perfectly competently.
Replacing humans with AIs isn’t necessarily interesting. But when an AI takes over a human task, the task changes.
In particular, there are potential changes over four dimensions: Speed, scale, scope and sophistication. The problem with AIs trading stocks isn’t that they’re better than humans—it’s that they’re faster. But computers are better at chess and Go because they use more sophisticated strategies than humans. We’re worried about AI-controlled social media accounts because they operate on a superhuman scale...
Narendra Modi’s BJP party are projected to win 244 seats making it the largest party, but falls short of the 272 needed to form an absolute majority
Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance, the NDA bloc, is enjoying an early lead as votes are counted, pulling ahead in 154 seats of the total 543 in the lower house of parliament.
Early trends show the opposition INDIA alliance leading in 120 seats.
The first votes counted are postal ballots, which are paper ballots, mostly cast by troops serving outside their home constituencies or officials away from home on election duty.
This year, postal votes were also offered to voters over 85 years of age and people with disabilities to allow them to vote from home.
According to some exit polls, Modi and the BJP could be headed for a two-thirds majority in parliament, giving them an even stronger victory than in the 2019 elections.
Continue reading...Early results indicate prime minister’s BJP party unlikely to win two-thirds majority predicted by exit polls
India’s prime minister, Narendra Modi, looks poised to win a third term in power – but early election results indicate he has not achieved the landslide victory many had predicted.
By early Tuesday afternoon, with half of the 640m votes counted, initial results showed that Modi’s Bharatiya Janata party (BJP) and its political allies had won 290 seats, enough to form a majority government to rule for the next five years.
Continue reading...Modi’s ruling BJP may gain a two-thirds majority, amid allegations of intimidation of opposition candidates and Muslim voter suppression
Voting has come to a close in India’s mammoth elections, as exit polls widely predicted prime minister Narendra Modi would win a historic third term in proceedings marred by allegations of irregularities.
The election, the longest and largest in India’s history with almost a billion eligible voters, began in mid-April. As it progressed over seven phases until 1 June, a deadly heatwave gripped the country, with temperatures almost touching 50C in areas, leading to deaths of dozens of voters and polling officials.
Continue reading...Prime minister claims victory but opposition dismisses poll results as fixed and unscientific
Indian prime minister Narendra Modi’s Bharatiya Janata party (BJP)-led alliance is projected to win a big majority in the general election that concluded on Saturday, TV exit polls said, suggesting it would do better than expected by most analysts.
Most exit polls projected the ruling National Democratic Alliance (NDA) could win a two-thirds majority in the 543-member lower house of parliament, where 272 is needed for a simple majority. A two-thirds majority will allow the government to usher in far-reaching amendments to the constitution.
Continue reading...Meteorologists found 52.9C reading to be false, though new record does appear to have been set
A record temperature registered this week for the Indian capital of 52.9C (127.22F) was too high by 3C, the Indian government has said.
The Indian Meteorological Department (IMD) had investigated Wednesday’s reading by the weather station at Mungeshpur, a densely packed corner of New Delhi, “and found a 3C sensor error”, the earth sciences minister, Kiren Rijiju, said.
Continue reading...“It’s hard to see this wildly disproportionate response as anything other than an attempt to chill speech on this issue.”
The post Columbia Coincidentally Rewrites Disciplinary Rules Just in Time to Screw Over Student Protesters appeared first on The Intercept.
Found guilty on 34 counts by a New York jury, Trump might find himself campaigning behind bars.
The post These Convictions Thwart Trump’s Plan to Pardon Himself appeared first on The Intercept.
Bring some Caribbean heat to this veggie dish that works great as a standout main or flavour-packed side
Aubergines roasted over fire, glazed with umami-rich miso and the fruity heat of Encona West Indian Original Hot Pepper Sauce – yum! Encona has done a lot of the work already – the sauce has heat and fruitiness from scotch bonnets and tang from vinegar – so you’re building flavour from a really delicious, complex base. Cook a load of these to pile high as a side for guests to feast on, or have them as a quick and tasty midweek dinner.
This recipe is veggie (and can easily be made plant based by replacing the honey with maple syrup or agave nectar), and has loads of flavour, which makes for a deeply satisfying meal.
Continue reading...All over the country, architecture firms make the case for bigger jails — then get hired to design them.
The post The Little-Known Reason Counties Keep Building Bigger Jails: Architecture Firms appeared first on The Intercept.
Biden's plan to cozy up to Arab dictators is right out of Donald Trump's playbook — but even worse.
The post Joe Biden’s Terrible Israel Policy Is Really About Getting in Bed With Saudi Arabia appeared first on The Intercept.
CEO Jensen Huang tells packed stadium in Taipei ‘next Industrial Revolution has begun’
Nvidia has unveiled new products and plans to accelerate the advance of artificial intelligence, with the AI hardware company’s chief executive telling a packed stadium in Taipei on Sunday that “the next Industrial Revolution has begun”.
Jensen Huang is in Taiwan for the island’s leading tech expo, Computex, along with the CEOs of some of the world’s biggest semiconductor companies – including AMD, Intel and Qualcomm – and their plans for a tech industry dominated by AI are top of the agenda.
Continue reading...Ahead of the election in India, the Guardian’s video team travelled through the country to explore how fake news and censorship might shape the outcome.
Almost one billion people are registered to vote. The country's prime minister, Narendra Modi, has been in power for more than 10 years, and his Hindu nationalist Bharatiya Janata party (BJP) is seeking a third term.
But critics of Modi and the BJP say his government has become increasingly authoritarian, fracturing the country along religious lines and threatening India’s secular democracy. At the same time, the space for freedom of speech has been shrinking while disinformation and hate speech has exploded on social media.
Residents living near the volcano have been ordered to evacuate as authorities warn of further eruptions
Authorities in the Philippines have ordered residents living near Kanlaon volcano in the country’s west to evacuate, after an eruption sent a 5km (three mile) plume of ash into the sky.
The six-minute explosive eruption on Monday caused a “strong earthquake” and prompted the suspension of work and schools in nearby Canlaon City, while three airlines cancelled 32 flights on Tuesday.
Continue reading...Deterrence policy against asylum seeker boats is under strain, with three vessels arriving in a week in May
The number of asylum seekers on Nauru appears to have topped 100, with a further two groups of 37 people sent to the Pacific Island.
The people, classified as “unauthorised maritime arrivals”, include 33 Bangladeshis who were found on Christmas Island on 9 May, one of who is a woman. Their boat was destroyed by bad weather.
Continue reading...We know turbulence is a common part of flying – but are some routes more prone? And where is it the worst? Turbulence is the leading cause of in-flight injuries to crew and passengers and after the fatal Singapore Airlines incident and injuries to passengers above Turkey on a Qatar Airways flight, you might be wondering if flights are about to get bumpier. Incidents of severe turbulence are on the rise – increasing by 55% between 1979 and 2020 – and the climate crisis is thought to be a responsible factor
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Continue reading...Kuo Chiu, known as KC to his friends, teaches urban design at Tunghai University in Taiwan. He’s also one of many of the country's citizens who practises rifle skills in his spare time, in case of a Chinese invasion.
The population of Taiwan has long grown familiar with Beijing’s pledge to one day ‘unify’ what it claims is a breakaway province. But recently, there has been a significant increase in aggressive and intimidatory acts.
Taiwan’s 160,000 active military personnel are vastly outnumbered by China’s 2 million-member armed forces, leading many civilians to turn to voluntary medical and combat training to protect themselves.
The Guardian's video team spent time with KC to see how he is preparing
Continue reading...He tells the world he intends to be an authoritarian. So why won’t journalists repeat it?
The post The Media Still Doesn’t Grasp the Danger of Trump appeared first on The Intercept.
Khaled Al Serr, a young surgeon, vanished from Nasser Hospital in Khan Younis two months ago. He hasn’t been heard from since.
The post Hundreds of Palestinian Doctors Disappeared Into Israeli Detention appeared first on The Intercept.
Ban Khun Samut Chin, a coastal village in Samut Prakan province, Thailand, has been slowly swallowed by the sea over the past few decades. This has led to the relocation of the school and many homes, resulting in a dwindling population. Currently, there are only four students attending the school, often leaving just one in each classroom. The village has experienced severe coastal erosion, causing 1.1-2km (0.5-1.2 miles) of shoreline to disappear since the mid-1950s
Continue reading...Trump fans say his conviction is an overreach. But a close look at another recent fraud trial shows his case was run-of-the-mill.
The post To Understand the Trump Verdict, Look at the Case Against Shukhratjon Mirsaidov appeared first on The Intercept.
All over the country, architecture firms make the case for bigger jails — then get hired to design them.
The post The Little-Known Reason Counties Keep Building Bigger Jails: Architecture Firms appeared first on The Intercept.
The megadonor’s plan for a $25 million research center at Cornell fell apart. So he took his money to Texas A&M.
The post Leonard Leo Built the Conservative Court. Now He’s Funneling Dark Money Into Law Schools. appeared first on The Intercept.
If signed by governor, state could surgically castrate people convicted of sex crimes against children younger than 13 years old
Louisiana judges could order surgical castration for people convicted of sex crimes against young children under legislation approved on Monday – and if the Republican governor, Jeff Landry, signs it into law, the state apparently would be the first with such a punishment.
The Republican-controlled state legislature passed the bill giving judges the option to sentence someone to surgical castration after the person has been convicted of certain aggravated sex crimes – including rape, incest and molestation – against a child under 13.
Continue reading...Label’s first catwalk in the country for 70 years goes deep into Scottish influence with every look
It is not every Dior show that opens with a skirl of bagpipes, three different ways to wear violet tartan, and a sporran dangling from a belt in place of a clutch bag tucked under the arm. Dior’s first catwalk show in Scotland for 70 years, held in Perthshire on Monday evening, was a feistily gorgeous affair.
The pomp and ceremony of a Parisian fashion house met its match in the natural grandeur and splendour of Scotland. Dior is a luxury juggernaut that its designer, Maria Grazia Chiuri, has described as being “like the national football team” of fashion; but the gardens of Drummond Castle in Perthshire are also no stranger to glamour, having appeared on screen in Rob Roy and Outlander. It proved a formidable combination. To judge by the weather, the auld alliance between France and Scotland seems to hold: the topiary-studded paths of formal gardens known as “the Versailles of Scotland” became a dazzling catwalk under clear blue skies.
Continue reading...Government prosecutors claimed they didn’t know a former detainee recanted his testimony in interviews with the government.
The post Guantánamo Prosecutors Accused of “Outrageous” Misconduct for Trying to Use Torture Testimony appeared first on The Intercept.
Found guilty on 34 counts by a New York jury, Trump might find himself campaigning behind bars.
The post These Convictions Thwart Trump’s Plan to Pardon Himself appeared first on The Intercept.
Senator, accused of accepting bribes, opts to run as independent as Andy Kim expected to win state’s Democratic Senate primary
Five states and Washington DC will hold primary contests on Tuesday, and much attention will be paid to New Jersey, where the indictment of Senator Bob Menendez has upended more than one race.
Menendez, who has denied allegations that he accepted bribes to promote the interests of the Egyptian government, has chosen not to seek the Democratic Senate nomination. Congressman Andy Kim is expected to easily win the Democratic Senate primary after New Jersey first lady Tammy Murphy withdrew from the race in March.
Continue reading...In Gainesville, Florida, children are on the front lines of the hazards long ignored by local and state government officials.
The post For Decades, Officials Knew a School Sat on a Former Dump — and Did Little to Clean Up the Toxins appeared first on The Intercept.
The Israeli PM’s invitation comes amid deep differences with the Biden administration
Benjamin Netanyahu is set to become the first foreign leader to address a joint session of the US Congress four times, despite deep differences with the Biden administration.
The Israeli prime minister’s office said in a statement that a date for his address to Congress had yet to be set, but that it would not take place on 13 June as had been reported, due to a Jewish holiday.
Continue reading...The leader of the Morena party could pass legislation and budgets unopposed through congress
Claudia Sheinbaum seems poised to cement her historic victory as Mexico’s first female president with a supermajority in congress that would let her party pass legislation and budgets unopposed – and perhaps even change the constitution without need for compromise.
Sheinbaum, a 61-year-old climate scientist and former mayor of Mexico City, won the presidency with 59.5% of the vote, according to a rapid sample count by Mexico’s electoral authority.
Continue reading...Party will have to pick coalition partners and then try to reform itself in response to declining support
South Africa’s ruling African National Congress party has lost its three-decade electoral majority in devastating fashion. As the former liberation movement faces the task of building a coalition government, it remains to be seen how it will respond to the message sent to it by voters.
The ANC’s vote share collapsed from 57.5% in 2019 to 40.2% in last week’s elections, amid chronic unemployment, degraded public services and high rates of violent crime.
Continue reading...Former Mexico City mayor’s Morena party also on track for possible two-thirds supermajority in Congress
Claudia Sheinbaum has won a landslide victory to become Mexico’s first female president, inheriting the project of her mentor and outgoing leader, Andrés Manuel López Obrador, whose popularity among the poor helped drive her triumph.
Sheinbaum, a leftwing climate scientist and former mayor of Mexico City, won the presidency with between 58.3% and 60.7% of the vote, according to a rapid sample count by Mexico’s electoral authority.
Continue reading...ANC says demands that President Cyril Ramaphosa must step down is ‘no-go area’ as rival Jacob Zuma stokes fears of violence
Final results from Wednesday’s seismic South Africa elections have confirmed that the African National Congress (ANC) party has lost its majority for the first time in 30 years of full democracy, firing the starting gun on unprecedented coalition talks.
The ANC, which led the fight to free South Africa from apartheid, won just 159 seats in the 400-member national assembly on a vote share of just over 40%. High unemployment, power cuts, violent crime and crumbling infrastructure have contributed to a haemorrhaging of support for the former liberation movement.
Continue reading...After 30 years in power, the African National Congress, which took 40.2% of the vote, must engage in tricky coalition talks with rivals
The African National Congress’s (ANC) three decades of political dominance in South Africa has come to an end after it was announced that it had won just 40.2% of the vote in last week’s general election.
The ANC’s dramatic decline – the first time it has failed to win a majority of the votes since Nelson Mandela led it to victory in the first democratic election in 1994 – will lead to a chaotic round of coalition negotiations, with all of its potential partners posing difficulties.
Continue reading...Collapse in support means ANC may not reach 50% vote share needed to rule alone. Which parties are contenders for coalition?
South Africa is facing the uncertain possibility of a coalition government after a collapse in support for the ruling African National Congress party in Wednesday’s election meant it probably will not reach the 50% vote share needed for it to rule on its own. Here is a guide to the three main contenders for coalition partners:
Continue reading...The Intercept’s lawsuit against OpenAI and Microsoft shows how digital outlets are uniquely vulnerable.
The post Scarlett Johansson Isn’t Alone. The Intercept Is Getting Ripped Off by OpenAI Too. appeared first on The Intercept.
He tells the world he intends to be an authoritarian. So why won’t journalists repeat it?
The post The Media Still Doesn’t Grasp the Danger of Trump appeared first on The Intercept.
The U.S. held Saeed Bakhouch at Guantánamo Bay for 20 years without charge, then sent him to have his rights violated in Algeria.
The post After Torturing Him, U.S. Breaks Guarantees of Safety to Former Guantánamo Detainee appeared first on The Intercept.
The battalion has a dedicated U.S. nonprofit to support its operations — whose president is supporting AIPAC’s political agenda.
The post This AIPAC Donor Funnels Millions to an IDF Unit Accused of Violating Human Rights appeared first on The Intercept.
In the survey of Democrats and independents in five battleground states, 2 in 5 voters said a ceasefire and conditioning aid would make them more likely to vote for Biden.
The post Conditioning Aid to Israel Would Boost Support for Biden in Key States, New Poll Finds appeared first on The Intercept.
The megadonor’s plan for a $25 million research center at Cornell fell apart. So he took his money to Texas A&M.
The post Leonard Leo Built the Conservative Court. Now He’s Funneling Dark Money Into Law Schools. appeared first on The Intercept.
The narrative that took hold ignored inland campuses, like in the Rust Belt and into Appalachia, where students formed their own encampments.
The post Not Just Coastal Elites: Here’s How Three Rust Belt Colleges Protested Israel’s War in Gaza appeared first on The Intercept.
“It’s hard to see this wildly disproportionate response as anything other than an attempt to chill speech on this issue.”
The post Columbia Coincidentally Rewrites Disciplinary Rules Just in Time to Screw Over Student Protesters appeared first on The Intercept.
Is this what the “pro-life” movement wanted?
The post Sterilization, Murders, Suicides: Bans Haven’t Slowed Abortions, and They’re Costing Lives appeared first on The Intercept.
Technology was once simply a tool—and a small one at that—used to amplify human intent and capacity. That was the story of the industrial revolution: we could control nature and build large, complex human societies, and the more we employed and mastered technology, the better things got. We don’t live in that world anymore. Not only has technology become entangled with the structure of society, but we also can no longer see the world around us without it. The separation is gone, and the control we thought we once had has revealed itself as a mirage. We’re in a transitional period of history right now...
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
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