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The Guardian view on the price of chocolate: cocoa producers face bitter truths | Editorial
Sun, 28 Apr 2024 16:55:09 GMT
Farmers, even more than consumers, need a stable and predictable global food system
The small indulgence of chocolate is becoming a more costly one. Soaring prices for cocoa beans recently hit a record $12,000 a tonne: roughly four times last year’s price. Many think they will go higher. That means smaller or more expensive bars and reformulated recipes for many consumers, and may put out of business small specialist producers. Yet it is bringing little reward to struggling growers.
The immediate culprit is a bad harvest in west Africa – which produces 70% of the world’s beans – reflecting El Niño-linked weather patterns and disease. Major processing plants in Ghana and Ivory Coast, the main growers, have halted or reduced operations because they cannot afford the beans. But underlying the crisis are longer-term issues including the climate crisis and the inability of farmers to invest in production due to their low incomes. Big companies have long claimed that it simply wasn’t viable to pay more for beans. Now they are suddenly finding that they can, in fact, manage to do so when the market demands it. Cocoa amounts for only around a tenth of the costs of producing a bar.
Continue reading...A little sweet, a little sour, rather sticky – and irresistible!
Two oranges have been sitting in the fruit bowl since 24 January. I can be precise thanks to the boastful photographs of marmalade I took on 25 January, having bought the fruit the day before. Only half the oranges became marmalade (which filled 10 jars and made every surface in the kitchen sticky), so to start with a dozen or so sat in the bowl. They are not bitter oranges, nor are they sweet, which is why they have been consumed so slowly, watching other fruit come, go and succumb to rot (something these last two seem immune to).
They have shrunk, of course, and, like all ageing creatures, developed plenty of fine lines and open pores, but otherwise remain in excellent orange health, while their rich, oily scent is stronger than ever. In her Fruit Book, Jane Grigson notes that the word “orange” can be traced back 3,000 years, to an ancient Indian language called Dravidian, and the word naranga, which means “perfume within”. The fruit and name migrated, first into Persian and Arabic, then to European languages; narancs in Hungarian, naranja in Spanish, which morphed into the Italian arancia and the French narange, and then lost its “n”, giving us orange – both the fruit and the colour.
Discover this recipe and over 1,000 more from your favourite cooks on the new Guardian Feast app, with smart features to make everyday cooking easier and more fun
Continue reading...Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain
Ireland has landed a €700m (£600m) Brexit bonanza with a steep increase in tax revenues flowing from customs duties now applicable to imports of clothing, food and other goods from Great Britain.
Before Brexit, Britain enjoyed customs-free exports to Ireland and the rest of the EU because it was part of the single market and customs union.
Continue reading...Analysts say impact on wheat, barley, oats and oilseed rape harvests means price rises on beer, bread and biscuits and more food imported
UK harvests of important crops could be down by nearly a fifth this year due to the unprecedented wet weather farmers have faced, increasing the likelihood that the prices of bread, beer and biscuits will rise.
Analysis by the Energy and Climate Intelligence Unit (ECIU) has estimated that the amount of wheat, barley, oats and oilseed rape could drop by 4m tonnes this year, a reduction of 17.5% compared with 2023.
Continue reading...From a mural in Birmingham commemorating poet Benjamin Zephaniah to the Observer’s favourite food shops: the best original photographs from the Observer commissioned in April 2024
Continue reading...You don’t really ever need extra reasons to visit Denmark, but the country’s sheer variety of cultural highlights looks set to enliven any stay this year
Stargazing, seals and sandbanks in Mandø
Denmark’s wilderness zones and sparsely populated isles have long been havens for nature lovers and stargazers. Mandø, on the south-west coast of Jutland, is the most recent addition to the country’s four Dark Sky Parks. A small island in the Wadden Sea National Park, Mandø is most easily accessed at low tide via tractor bus over the causeway from the mainland – adding to the adventure and reducing the chances of latecomers’ annoying car headlights ruining your night vision. By day, you’ll likely want to visit the lovingly preserved, thatched and white-walled Mandø House museum (an early 19th-century shipmaster’s home), not to mention the island’s landmark windmill and church. Observe thriving seal and migratory bird species on a bike ride around the marshes and sandbanks.
Raise a glass to (probably) the world’s best beer
Not content with producing, probably, the best beer in the world, Carlsberg has created the impressive Carlsberg City District in one of Copenhagen’s most historic quarters. The recently completed Home of Carlsberg is the result of an extensive five-year museum revamp to bring history to life through interactive displays and guided tours of the old cellars. With a beautifully appointed gallery of vintage bottles, a stable with draught horses that hark back to the days of carts hauling barrels through Copenhagen’s cobbled streets, and tasting sessions too, if you’re in Copenhagen and you love beer, this is one not to be missed. Definitely.
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Continue reading...Like countless other hostilities, the stealthy Israeli missile and drone strike on Iran doesn’t risk war. It is war.
The post Israel Attack on Iran Is What World War III Looks Like appeared first on The Intercept.
The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
U.S. military service members interviewed for a congressional inquiry said intelligence reports about how bad the situation is were being suppressed.
The post U.S. Troops in Niger Say They’re “Stranded” and Can’t Get Mail, Medicine appeared first on The Intercept.
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On the last day of his Huginn mission, ESA astronaut Andreas Mogensen takes us on a tour of the place he called home for 6 months: the International Space Station. From the beautiful views of Cupola to the kitchen in Node 1 filled with food and friends and all the way to the science of Columbus, the Space Station is the work and living place for astronauts as they help push science forward.
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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For years, the political establishment opportunistically railed against sex trafficking. Then came Pizzagate.
The post QAnon Was Born Out of the Sex Ad Moral Panic That Took Down Backpage.com appeared first on The Intercept.
Evidence points to Absolute Standards as the source of a lethal drug the Trump administration used to restart federal executions after 17 years.
The post “Little Home Market”: The Connecticut Company Accused of Fueling an Execution Spree appeared first on The Intercept.
In today’s newsletter: There were shocking revelations in the first week of the former president’s trial in New York – but the defence’s tactics of sowing doubt and playing for time may just work
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Good morning. Keeping track of Donald Trump’s trials, hearings and campaign stops could make anyone feel like the It’s Always Sunny in Philadelphia meme where Charlie stands, looking altogether unhinged, in front of a bulletin board covered in conspiratorial red tape.
Last week, Trump’s legal issues stretched across the United States. In New York City, his hush money case began in earnest. In Washington DC, supreme court judges heard his astonishing plea for absolute immunity for any action committed while he was in office. And on the same day in Arizona, a grand jury charged 18 Trump aides with felonies associated with trying to subvert the 2020 election in that state.
Immigration and asylum | The Home Office will launch a major operation to detain asylum seekers across the UK on Monday, weeks earlier than expected, in preparation for their deportation to Rwanda. Lawyers and campaigners said the detentions risked provoking protracted legal battles, community protests and clashes with police.
SNP | Humza Yousaf’s leadership hangs by a thread as he approaches a confidence vote this week, with the Scottish Greens remaining unequivocal that he no longer has their support after he axed their power-sharing agreement. Amid reports that Yousaf is now considering his position, Scottish Green co-leader Lorna Slater told the BBC: “We will vote in support of a vote of no confidence against Humza Yousaf.”
Public finance | Senior Whitehall officials fear Thames Water’s financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget, the Guardian can reveal. Concerns over the potential impact have led officials to believe that Thames should be renationalised before the general election.
Ukraine | Russia has consolidated recent battlefield gains in the east of Ukraine, and is attempting to break through Ukrainian defensive lines before a long-awaited package of US military assistance arrives at the frontline. After a surprise Russian attack in the rural settlement of Ocheretyne, Ukrainian security officials described the situation in the Donbas region as “very difficult”.
Air travel | A 101-year-old woman has been regularly mistaken for an infant because an airline’s booking system was unable to compute her date of birth. The woman, named only as Patricia, was born in 1922, but the American Airlines system apparently does not recognise that year, defaulting instead to 2022.
Continue reading...Gordon Brown challenged Conservative ideas to fix the economy. His successors unfortunately will not
When Labour’s Gordon Brown embraced “post neo-classical endogenous growth theory” in 1994, he was ridiculed by his opponents. This said more about his critics than Mr Brown. His speech reflected an engagement with academic debates as well as a worldview and diagnosis distinct from Tory narratives. He judged education to be key, as growth depended on human capital. By contrast, today Labour’s top team struggles to say exactly what they believe will drive growth and how they will achieve it.
Part of the reason is that mainstream economics is proving incapable of giving sensible answers to important questions. Whether it is the financial crash, the pandemic or inflation shocks, the response is that spending cuts are needed as public debt threatens to bankrupt the nation. Many economists are questioning their discipline’s worth. Last month, the Nobel laureate Angus Deaton blogged that economics was in “disarray” and had “largely stopped thinking about ethics”. Jeremy Rudd of the US Federal Reserve writes scornfully in his latest book, A Practical Guide to Macroeconomics, that economists’ role today is to justify “what elite interests want to do anyway: deregulate, pay fewer taxes, keep wages as low as possible”.
Continue reading...The effectiveness of Tinder and Hinge is hard to judge without access to their data. But now researchers are creating a free alternative with full transparency
A class-action lawsuit filed in a US federal court last Valentine’s Day accuses Match Group – the owners of Tinder, Hinge and OkCupid dating apps, among others – of using a “predatory business model” and of doing everything in its power to keep users hooked, in flagrant opposition to Hinge’s claim that it is “designed to be deleted”.
The lawsuit crystallised an ocean of dissatisfaction with the apps, and stimulated a new round of debate over their potential to harm mental health, but for scientists who study romantic relationships it sidestepped the central issue: do they work? Does using the apps increase your chances of finding your soulmate, or not? The answer is, nobody knows.
Continue reading...Researchers are calling for the retraction of misleading anti-abortion studies that could influence judges in critical cases
The retraction of three peer-reviewed articles prominently cited in court cases on the so-called abortion pill – mifepristone – has put a group of papers by anti-abortion researchers in the scientific limelight.
Seventeen sexual and reproductive health researchers are calling for four peer-reviewed studies by anti-abortion researchers to be retracted or amended. The papers, critics contend, are “fatally flawed” and muddy the scientific consensus for courts and lawmakers who lack the scientific training to understand their methodological flaws.
Continue reading...There is some truth to the popular protest slogan: ‘They tried to bury us, but they didn’t know we were seeds’
University students across the US have been protesting since 7 October 2023 with vigils, rallies and marches asking for a ceasefire in Gaza and for their universities to divest from Israel. While some of these protests led to heated fights about foreign policy, the most prominent events have involved university presidents’ abysmal congressional testimony. This week’s arrests of more than 100 Columbia students reinvigorated the student movement and now it’s kicking off everywhere.
As a sociologist of social movements, I study how movements select and shift tactics to elicit a response from their opponents. Over the next few weeks, we will see dozens of other university encampments spring up because activists have found a tactic that gets the administration’s attention at a critical time: during finals and commencement.
Continue reading...Nigeria has gotten billions in U.S. security assistance, even as its counterterrorism campaign has a massive civilian death toll.
The post Biden Says He Told Nigeria to Kill Fewer Civilians — but Nigeria Keeps Killing Lots of Civilians appeared first on The Intercept.
Union body says austerity is to blame for longest squeeze on wages since Napoleonic era with most ‘wage black spots’ in London
Pay packets are smaller than they were in 2008 in most local authority areas in the UK, according to analysis by the Trades Union Congress, which described the findings as a “damning indictment” of the Conservatives’ economic record.
The TUC, which includes 48 unions with more than five million members, said stagnating wages meant British workers were in the midst of the longest squeeze on wages since the Napoleonic era.
Continue reading...Despite talk of a Nobel peace prize, Japan’s leader is facing a backlash among voters as key byelection approaches
In the past fortnight Fumio Kishida has been mentioned as a possible recipient of the Nobel peace prize and praised for a speech to congress in which he urged the US not to retreat into isolation.
But since his return to Tokyo after a successful summit with Joe Biden, Japan’s prime minister has been buffeted by domestic political headwinds that this weekend could spell the beginning of the end of his administration.
Continue reading...Polls predict ANC likely to lose parliamentary majority, due to high unemployment and wealth inequality
South Africa marked 30 years since the end of apartheid and the birth of its democracy with a ceremony in the capital that included a 21-gun salute and the waving of the country’s multicoloured flag.
Any sense of celebration on the momentous anniversary was however set against a growing discontent with the current government.
Continue reading...A measure passed by the House seeks to block Americans from traveling to Iran on U.S. passports.
The post House Responds to Israeli-Iranian Missile Exchange by Taking Rights Away From Americans appeared first on The Intercept.
Rights chief also warns Britain will be ‘judged harshly by history for its failure to help prevent civilian slaughter in Gaza’
The UK has been accused by Amnesty International of “deliberately destabilising” human rights on the global stage for its own political ends.
In its annual global report, released today, the organisation said Britain was weakening human rights protections nationally and globally, amid a near-breakdown of international law.
Continue reading...The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
If the courts agree to vacate the conviction, Lucio will have spent 16 years on death row for a crime that never happened.
The post A Prosecutor Asked Texas to Kill Melissa Lucio. Now He Says She Should Be Freed. appeared first on The Intercept.
The White House brushes off accusations of hypocrisy, courting TikTok while seeking to ban it.
The post As Biden Cheers TikTok Ban, White House Embraces TikTok Influencers appeared first on The Intercept.
Supporters worry Khan’s life is in danger and with good reason: The military has a long history of killing deposed leaders.
The post Chuck Schumer Privately Warns Pakistan: Don’t Kill Imran Khan in Prison appeared first on The Intercept.
The blanket suspension of student protesters casts “serious doubt on the University’s respect for the rule-of-law values that we teach,” 54 law professors wrote.
The post Columbia Law School Faculty Condemn Administration for Mass Arrests and Suspensions appeared first on The Intercept.
The smears spurred Austrian police to raid Islamophobia scholar Farid Hafez’s family home. Then the terrorism charges fell apart.
The post Lawsuit Links Wild UAE-Financed Smear Campaign to George Washington University appeared first on The Intercept.
“Yes I’m a Republican and I exclusively supported John through the Jewish community for his principled actions supporting Israel.”
The post Since October, Sen. John Fetterman Has Been Building a Roster of Republican Donors appeared first on The Intercept.
U.S. military service members interviewed for a congressional inquiry said intelligence reports about how bad the situation is were being suppressed.
The post U.S. Troops in Niger Say They’re “Stranded” and Can’t Get Mail, Medicine appeared first on The Intercept.
The university suspended three students out of hundreds participating in an on-campus encampment to protest the Israeli government.
The post Columbia Suspends Ilhan Omar’s Daughter One Day After Omar Grilled School Administrators appeared first on The Intercept.
Parties appearing before the Supreme Court can fund the groups that file briefs supporting their arguments — and almost never have to disclose it.
The post The Gaping Hole in Supreme Court Rules for Tracking Links Between Litigants and Influence Groups appeared first on The Intercept.
The search for song that has consumed thousands of Reddit users is over, with discovery that it was written for pornographic film
It’s a musical mystery that has been confounding the internet for years. But an ultra-catchy 80s-sounding song that seemingly no one could identify has finally been tracked down – in a 1986 adult movie.
A snippet of the song, known as Everyone Knows That – a low-quality, warped recording that nevertheless showed off the song’s huge pop appeal – was uploaded to YouTube in 2021 and shared on Reddit, where it sparked a hunt for the creator. Some 47,000 people became dedicated to the quest in a subreddit community. Theories abounded that the song was a lost demo by artists including Roxette and Savage Garden, or had been written for a forgotten advertisement. The Guardian, Rolling Stone and Radio 4’s Today programme were among those reporting on the search.
Continue reading...  | submitted by /u/EmptySpaceForAHeart [link] [comments] |
For years, the political establishment opportunistically railed against sex trafficking. Then came Pizzagate.
The post QAnon Was Born Out of the Sex Ad Moral Panic That Took Down Backpage.com appeared first on The Intercept.
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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