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‘I get hate from both sides – vegans and carnivores’: James Collier on UPFs, emotional eating and why he created Huel
Tue, 14 Jan 2025 05:00:04 GMT
His meal-replacement business is worth hundreds of millions, but Collier’s rise to the top has been far from easy. He discusses bodybuilding, bullies and why nutrition is more polarising than politics
When James Collier got married to Melanie nearly 10 years ago, his dad paid for the honeymoon. Collier’s businesses weren’t exactly booming, but he had a good feeling about a new venture. “I was on the beach checking my emails, and I said to Mel: ‘I think this is going to do all right, this one.’ And that was an underestimation.”
It certainly was. Sales of Huel, the meal-replacement brand Collier launched in 2015, topped £214m last year. Pre-tax profits tripled to £13.8m. Huel – a product mainly made of oats, pea protein and flaxseeds, which comes in powder, drink, snack bar and meal-pot forms – is sold in 25,000 shops worldwide, including 70% of UK supermarkets. The company was most recently valued at £440m, but has since had investment from Morgan Stanley. Just how rich is Collier now?
Continue reading...Bundle up and break a sweat with these winter running accessories, from base layers and gloves to waterproof jackets
• The best running shoes to take you from trail to road to marathon
If you’re tempted to stop running in the winter or retreat to the gym, think again. Whether it’s getting out for fresh air and daylight on crisp, blue-sky days, or blowing away the cobwebs in the dark and rain after work, running outdoors can make winter more bearable.
With a few changes to your attire and some nifty accessories, you can stay warm and dry and be safer. You won’t need all of the below – it depends on where you run, how far and what time of day you get out. Everything featured is either unisex or available in women’s and men’s versions.
Continue reading...Combining ideas from therapy with physical activity can bring huge health benefits, say the therapists pioneering a holistic approach
A paradox at the heart of current thinking on health is that we’re all aware, perhaps agonisingly so, that exercise is good for us and can be especially beneficial to mental health. As the number of people presenting to their doctors with mood disorders continues to climb, more GPs are urging us to exercise more. It has even been available on the NHS as treatment for mild mental health issues since 2019. But for many people, doing more exercise remains a hard ask.
We all know we should do more exercise and arguments for its benefits hardly need repeating: improved blood pressure, better sleep, strength, mobility, confidence, mood and posture, perhaps even a better reflection when we look in the mirror.
Continue reading...This week: what we learned testing toothbrushes, fitness kit worth the investment, and slow cookers for warming winter feasts
• Don’t get the Filter delivered to your inbox? Sign up here
When the Filter asked me to write a roundup of the best electric toothbrushes, I didn’t see any reason not to. After all, I’ve been reviewing battery-powered gadgets for more than a decade, and I have all 32 teeth and a comfortable toothpaste budget, which makes me as qualified as anybody else.
Or does it? Actually, in the absence of professional toothbrushing leagues*, how would I know if I’m an expert in the art of oral hygiene or not? Conventional (and, as it turns out, likely bogus) wisdom suggests that anyone can become an expert in anything with 10,000 hours of practice.
The best blenders to blitz like a pro, tried and tested, from Ninja to Nutribullet
14 of the best men’s boots for winter, from Chelsea to brogues to western
The best slow cookers for effortless homemade meals, tried and tested
Continue reading...
And, when he ran for Congress, trust fund kid Bo Hines got half a million in support from FTX crypto fraudsters.
The post Trump’s Crypto Council Chief Teamed Up With Sketchy Trump-Themed Meme Coin appeared first on The Intercept.
In December, we published the 120th fiendishly tricky general knowledge paper from the Isle of Man school. Did you give it a try? Here are the answers
Click here to see the questions
1. Edward Norton (British Mount Everest Expedition)
Continue reading...Campaigners say pollution levels in street in Herne Hill were far higher when private schools were open
Parents driving children to private schools is associated with a 27% increase in air pollution and congestion in a south London street, according to campaigners who are calling for private schools to make greater use of sustainable transport.
The analysis by Solve the School Run found that nitrogen dioxide levels and fine particulates produced by vehicles in the street in Herne Hill were far higher when nearby private schools such as Dulwich college were open, compared with when only local state schools were open.
Continue reading...A year in Palestine, living in fear of not just genocide — but AIDS.
The post Queer, HIV-Positive, and Running Out of Medication in Gaza appeared first on The Intercept.
The prisons are open, the secret files are unlocked. Now Syrians are trying to figure out how to hold war criminals accountable.
The post Searching for Justice and the Missing in the New Syria appeared first on The Intercept.
Lentils are cheap, nutritious and good for the planet. Here are three delicious ways to get more into your meals
My pantry is stocked with an abundance of lentils: tiny red ones that take moments to cook, which I throw into soups; buttery yellow ones for khichdi; French green ones to add heft to salads; glossy black beluga; and pebbly puy. They’re cheap, nutritional powerhouses that have a low carbon footprint, require little water to grow and improve the health of depleted soil, making them good for our planet, too. What’s not to love? Dal might be the obvious choice when cooking lentils, but there is so much more you can do with them.
Continue reading...Cooling services and ‘core’ inflation (excluding food and energy) pave way for for February interest rate cut, economists say; government borrowing costs fall
In her response to the inflation figures, Rachel Reeves, the chancellor, vowed to “fight every day” to deliver economic growth and “put more money in the pockets of working people”. She said:
There is still work to be done to help families across the country with the cost of living. That’s why the government has taken action to protect working people’s payslips from higher taxes, frozen fuel duty and boosted the national minimum wage.
In our Plan for Change, we were clear that growth is our number one priority to put more money in the pockets of working people. I will fight every day to deliver that growth and improve living standards in every part of the UK.
Continue reading...Nicole Kidman’s Babygirl, which features an erotic dairy-based scene, is the latest reminder of the debate about mature milk-drinkers
Several years ago, I tried to impress a new girlfriend (now my wife) with my cultural credentials by dragging her to an off-off-off-off-Broadway play about psychedelics in a tiny East Village theatre. I can’t remember much about the play – other than it was terrible – but I will never forget the young man sitting in front of us. He arrived late, awkwardly clambered over a few people to get to his seat, and then proceeded to down a carton of milk. The lateness and the clambering I could excuse. But the milk-drinking? That was horrifying. There is something undeniably unsettling about adults who drink cold cow’s milk in public.
I have tried to scrub the East Village milkman from my mind but I was reminded of the incident last week when Nicole Kidman chugged a glass of milk while accepting her award for best actress in the film Babygirl (which features an erotic milk-based scene) at the National Board of Review Awards. Babygirl isn’t the first film to use milk, a liquid strongly associated with childhood and innocence, in a symbolic manner. “Adult milk-drinking has long been used to evoke creepiness in films,” Vice proclaimed in a 2022 piece that cited the milk bar in Stanley Kubrick’s A Clockwork Orange (1971) and the famous milk scene in Inglourious Basterds (2009).
Continue reading...RedNote, also known as Xiaohongshu, rockets to top of US app stores, along with ByteDance’s Lemon8
New users have piled in to the Chinese social media app RedNote just days before a proposed US ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a delicate line of moderating English-language content.
In a live chat dubbed “TikTok Refugees” on RedNote on Monday, more than 50,000 US and Chinese users joined the room. Veteran Chinese users, with some sense of bewilderment, welcomed their American counterparts and swapped notes with them on topics such as food and youth unemployment. Occasionally, however, the Americans veered into riskier territory.
Continue reading...Thirty-six bodies brought to surface amid claims 109 are dead and between 400 and 800 people still alive and trapped
Thirty-six bodies have been brought out of an illegal goldmine in South Africa and 82 people have been taken out alive since Monday, after police blocked supplies of food, water and medicine to the workers underground in October in an attempt to force them out.
On Thursday, a letter brought up to the surface claimed there were 109 dead bodies underground. A video circulated by the NGO Mining Affected Communities United in Action (Macua) appeared to show more than 50 wrapped bodies laid out in a tunnel.
Continue reading...Study has linked a soft and liquid diet to smaller jaw size in children, but others say evolution is more likely the cause
Ultra-processed foods (UPFs) have caused concern among experts for their potential impact on human health, but now scientists have warned they might also affect how our bodies develop, in particular our jaws.
We take a look at the issue and explore what, if anything, should be done.
Continue reading...His meal-replacement business is worth hundreds of millions, but Collier’s rise to the top has been far from easy. He discusses bodybuilding, bullies and why nutrition is more polarising than politics
When James Collier got married to Melanie nearly 10 years ago, his dad paid for the honeymoon. Collier’s businesses weren’t exactly booming, but he had a good feeling about a new venture. “I was on the beach checking my emails, and I said to Mel: ‘I think this is going to do all right, this one.’ And that was an underestimation.”
It certainly was. Sales of Huel, the meal-replacement brand Collier launched in 2015, topped £214m last year. Pre-tax profits tripled to £13.8m. Huel – a product mainly made of oats, pea protein and flaxseeds, which comes in powder, drink, snack bar and meal-pot forms – is sold in 25,000 shops worldwide, including 70% of UK supermarkets. The company was most recently valued at £440m, but has since had investment from Morgan Stanley. Just how rich is Collier now?
Continue reading...Phone video shared by mining NGO appears to show dozens of wrapped bodies in underground tunnel
The South African government has launched a mission to bring to the surface potentially hundreds of people in an illegal mine who last year had supplies of food, water and medicine blocked by police in an attempt to force them out.
The government agreed to the attempt on Friday after the sister of one of those underground initiated a court case in response to letters from miners brought to the surface on Thursday.
Continue reading...This week: what we learned testing toothbrushes, fitness kit worth the investment, and slow cookers for warming winter feasts
• Don’t get the Filter delivered to your inbox? Sign up here
When the Filter asked me to write a roundup of the best electric toothbrushes, I didn’t see any reason not to. After all, I’ve been reviewing battery-powered gadgets for more than a decade, and I have all 32 teeth and a comfortable toothpaste budget, which makes me as qualified as anybody else.
Or does it? Actually, in the absence of professional toothbrushing leagues*, how would I know if I’m an expert in the art of oral hygiene or not? Conventional (and, as it turns out, likely bogus) wisdom suggests that anyone can become an expert in anything with 10,000 hours of practice.
The best blenders to blitz like a pro, tried and tested, from Ninja to Nutribullet
14 of the best men’s boots for winter, from Chelsea to brogues to western
The best slow cookers for effortless homemade meals, tried and tested
Continue reading...A year in Palestine, living in fear of not just genocide — but AIDS.
The post Queer, HIV-Positive, and Running Out of Medication in Gaza appeared first on The Intercept.
From Whole Earth and Meridian to supermarket staples, which is the best crunchy peanut butter, and how much do you really need to spend on it?
I came late to the peanut butter party, and my mum remains convinced that it’s extremely unhealthy stuff, which, to be fair to her, is probably true of the sugary versions of my childhood. In the past few years, however, peanut butter has gone back to its health-food roots. It is now championed for its protein and monounsaturated fat content, as brands stripped of their sweeteners and emulsifiers have occupied the premium end of the market. Given that these new-wave natural peanut butters tend to contain nothing but peanuts – give or take the odd pinch of salt – the difference between supermarket own-label and luxury jars tends to be slight. The biggest variations are largely in the sourcing and quality of the peanuts themselves.
This means that peanut butter is a handy thing to have in the cupboard at all times. Personally, I prefer a loose, crunchy consistency; for all the claims about sustainable palm oil, there’s simply no need for it in peanut butter, which, like tahini, separates naturally over time and is just as easily stirred back together. To slow the separation, simply beat the oil back in, then store the jar upside down in the fridge – assuming it lasts that long.
Continue reading...A job listing for the Super Bowl LIX halftime show offers $12 per hour — part of a long pattern of host-city residents getting the short shrift.
The post Everyone’s Making Millions But the Super Bowl Haltime Show Wants to Hire New Orleans Locals for $12 an Hour appeared first on The Intercept.
Whether you’re making comforting curries, casseroles or chilli con carne, we’ve tested the top slow cookers for serving up winter warmers
• The best blenders to blitz like a pro, tried and tested, from Ninja to Nutribullet
As January beds in and our craving for cosiness increases, you may be minded to dig out the slow cooker. Coming home to a warm, bubbling meal – with very little effort – is a real treat in the cold and dark. Plus, slow cooking can be an economical method of cooking.
If you have yet to experience the comfort and joy of a slow cooker, or if your ancient model has finally died a death, it could be time to treat yourself to a season of stews, casseroles, curries and more. I’ve spent weeks testing slow cookers to compile a shortlist of the most functional, useful and well-designed recommendations to transform your dinner time.
Best overall slow cooker:
GreenPan slow cooker
£200 at GreenPan
Best basic slow cooker:
ProCook digital slow cooker
£49 at ProCook
Best multi-cooker:
Ninja Foodi 8-in-1 PossibleCooker
£119 at Appliances Direct
Best pressure-cooking slow cooker:
Sage Fast Slow Pro
£179.95 at Sage Appliances
Hi Reddit! We’re a team of tech journalists from MIT Technology Review, excited to answer all of your questions about emerging tech in 2025 and beyond.
We are:
We just published our annual list of 10 Breakthrough Technologies. Every year, our reporters and editors look for promising technologies poised to have a real impact on the world. We consider dozens of advances across the fields of AI, biotech, computing, and climate. We can’t see the future, but we expect these ten breakthroughs to affect our world in a big way, for decades to come.
Here are the ten items on this year’s list:
Ask us anything! (We’ll be here responding to your questions this Friday, January 10 at 12 p.m. EST, but feel free to get 'em in early.) Proof pics here.
A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...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
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
Continue reading... |
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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Nicole Kidman’s Babygirl, which features an erotic dairy-based scene, is the latest reminder of the debate about mature milk-drinkers
Several years ago, I tried to impress a new girlfriend (now my wife) with my cultural credentials by dragging her to an off-off-off-off-Broadway play about psychedelics in a tiny East Village theatre. I can’t remember much about the play – other than it was terrible – but I will never forget the young man sitting in front of us. He arrived late, awkwardly clambered over a few people to get to his seat, and then proceeded to down a carton of milk. The lateness and the clambering I could excuse. But the milk-drinking? That was horrifying. There is something undeniably unsettling about adults who drink cold cow’s milk in public.
I have tried to scrub the East Village milkman from my mind but I was reminded of the incident last week when Nicole Kidman chugged a glass of milk while accepting her award for best actress in the film Babygirl (which features an erotic milk-based scene) at the National Board of Review Awards. Babygirl isn’t the first film to use milk, a liquid strongly associated with childhood and innocence, in a symbolic manner. “Adult milk-drinking has long been used to evoke creepiness in films,” Vice proclaimed in a 2022 piece that cited the milk bar in Stanley Kubrick’s A Clockwork Orange (1971) and the famous milk scene in Inglourious Basterds (2009).
Continue reading...Set in the same spot – from prehistory onwards – Zemeckis’s sentimental drama is an odd combination of cosmic ambition and domestic intimacy
Robert Zemeckis’s sentimental family heartwarmer, adapted by him and co-screenwriter Eric Roth from the graphic novel of the same name by Richard McGuire, is the movie equivalent of a book club choice; the star is a family home, the “here” of the title. Or rather: it’s the living room in a Philadelphia house where so much generational drama plays out. Here is an odd combination of cosmic ambition and hyper-local domestic intimacy, clearly influenced at some level by Noël Coward’s play and movie This Happy Breed, about scenes in the life of a London family in the same house. The dreamy quirkiness keeps you watching and the folksy warmth of performances from Tom Hanks and Robin Wright encourage you to cut it some slack.
The film switches back and forth between eras, with scene-transitions managed with split-screens and inset-panels (a nod to its graphic-novel origins), using the same fixed camera position until the very end. It is sited in the specific “here” in prehistoric times, the American revolution, and when it is occupied by Native Americans (scenes imagined with weirdly childlike placidity). By the turn of the 20th century, it becomes a house, opposite the colonial mansion of William Franklin, pro-Brit son of Benjamin Franklin.
Continue reading...The historian offers a look at the making of modern Britain. Plus, Ella Maisy Purvis is an autistic criminal-evidence cataloguer in Patience. Here’s what to watch this evening
9pm, BBC Two
Movies that bite back against convention. Paintings that turn the tables. Music that crosses tribal boundaries. “It’s the arts that have heralded dramatic changes in our lives,” says Simon Schama in this perceptive, personal series. He continues from 1953, examining the realities of what the queen’s coronation, the Commonwealth and mass immigration meant for Britain – using Ian Fleming’s James Bond, Hanif Kureishi’s radical writing, and 2 Tone band the Specials. He also speaks to Clive Myrie about the Windrush generation and the scandal that followed. Hollie Richardson
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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