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Situation
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Pascal's Wager Triangle
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Network Configuration
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Electric vs Gas
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Filter efficiency 99.541 (4 matches/872 results)
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Weather tracker: southern China hit by floods as north suffers from drought
Mon, 24 Jun 2024 10:37:49 GMT
Heavy rainfall in Guangdong causes flooding, landslides and mudslides, while northern China gripped by heatwave
Guangdong province in southern China has once more experienced severe flooding, two months after the late April floods and landslides led to more than 50 deaths.
On Sunday 16 June, heavy rainfall affected the area, with an average of 199mm falling in Pingyuan county. The town of Sishui experienced the highest rainfall totals of 367mm, with three others in the area recording more than 300mm.
Continue reading...The defiant Russia-North Korea friendship pact raises big questions for Washington and Seoul – but also for Beijing
A quarter of a century ago, Vladimir Putin flew to Pyongyang to sign a “friendship treaty” with Kim Jong-il that helped revive Russia’s relations with North Korea without obliging the two sides to come to each other’s aid in case of a military attack.
With his visit last week, Putin has in effect gone further into the past, signing a deal with Kim Jong-un reminiscent of the 1961 security pact that existed under the Soviet Union during the cold war. But today Russia is engaged in a hot war in Ukraine that Putin has made his foreign policy priority, and a nuclear North Korea has become a crucial lifeline of munitions for his military.
Continue reading...Study identifies 16,825 sites around the world where prioritising conservation would prevent extinction of thousands of unique species
Protecting just 1.2% of the Earth’s surface for nature would be enough to prevent the extinction of the world’s most threatened species, according to a new study.
Analysis published in the journal Frontiers in Science has found that the targeted expansion of protected areas on land would be enough to prevent the loss of thousands of the mammals, birds, amphibians and plants that are closest to disappearing.
Continue reading...Ardie Savea, the reigning world player of the year, says the All Blacks want to settle a few old scores when they meet England next week. The New Zealand No 8 has made clear the home side have not forgotten the “smack in the nose” they suffered in the semi-finals of the 2019 Rugby World Cup and that they had to settle for a 25-25 draw in their most recent appearance at Twickenham.
Savea, back in a black jersey after a stint in Japan, has been impressed from afar by England’s progress since last autumn’s World Cup but suggests New Zealand will not lack for motivation when the two-Test series kicks off in Dunedin on Saturday week. “The last time we played them we drew so we’ve got a bit of history,” said Savea, passed over this week for the All Black captaincy in favour of Scott Barrett.
Continue reading...Pine writes, directs and stars – alongside Danny DeVito and Annette Bening – in this rambling comedy mystery about a shaggy, quirky pool attendant
Chris Pine is usually a likable screen presence but he’s let down here by a flimsy script and over-indulgent direction – which could have something to do with the co-screenwriter (Chris Pine) and the first-time director (er, Chris Pine). You can see what he was going for: a knockabout stoner neo-noir paying homage to old-school Los Angeles, but this is more like Chinatown without the savagery, or Inherent Vice without the brains, or The Big Lebowski without the drugs.
Pine’s character is very much a watered-down version of Jeff Bridges’ Dude (the strongest thing he consumes is an egg cream mocktail). He’s a shaggy, aimless slacker who lives in a trailer next to the apartment-complex pool he tends with zen-like focus. As his character name, Darren Barrenman, forewarns, he’s little more than a collection of quirks: he makes origami gifts; meditates underwater at the bottom of his pool; types soul-baring letters to Erin Brockovich. He also dresses in short shorts and a pink blazer, but later seems to have a bottomless dressing-up wardrobe, and regularly campaigns about public transport at the city council with the aid of hand-made dioramas. None of this really makes any sense.
Continue reading...Global demand for renewable energy is surging so why make solar panels, wind turbines and EVs dearer for western consumers?
With historic heatwaves sweeping across the US and other parts of the northern hemisphere, June is expected to be the 13th consecutive month of record-breaking global temperatures. The primary cause, of course, is the enormous amount of greenhouse gases in the atmosphere. Despite the existential threat posed by rising atmospheric concentrations of greenhouse gases, emissions continue to increase at a faster pace than previously anticipated.
On one front, however, progress in the fight against the climate crisis has exceeded expectations. Amid the global shift from internal combustion engines to electric vehicles and the accelerated adoption of solar and wind power, demand for renewable energy is rapidly rising in the US and the EU.
Continue reading...Re-entry capsule containing precious cargo from mission has parachuted into Inner Mongolia
China has become the first country to gather samples from the far side of the moon and bring them back to Earth in a landmark achievement for the Beijing space programme.
A re-entry capsule containing the precious cargo parachuted into a landing zone in the rural Siziwang Banner region of Inner Mongolia on Tuesday after being released into Earth’s orbit by the uncrewed Chang’e-6 probe.
Continue reading...GeoGPT developed as part of Chinese-funded earth sciences programme aimed at researchers in global south
Geologists have raised concerns about potential Chinese censorship and bias in a chatbot being developed with the backing of the International Union of Geological Sciences (IUGS), one of the world’s largest scientific organisations and a Unesco partner.
The GeoGPT chatbot is aimed at geoscientists and researchers, particularly in the global south, to help them develop their understanding of earth sciences by drawing on swaths of data and research on billions of years of the planet’s history.
Continue reading...Robert O’Brien explains his outline to sever US-China economic ties would only be to send in ‘fighting force’
Donald Trump’s former national security adviser Robert O’Brien – tipped to play a leading role if the ex-president returns to the White House – backtracked on parts of his proposal to sever US-China economic ties, an aspect of which called for sending the entire US Marine Corps to Asia.
O’Brien, who recently submitted a 5,000-word article outlining his thinking to Foreign Affairs, explained on Sunday that instead of the “entire US Marine Corps”, it would be only the “fighting force”. And he said some Marines would still be stationed at bases like California’s Camp Pendleton and North Carolina’s Camp Lejeune.
Continue reading...Zambia’s Mubita Nawa, who is on shortlist for top job, is accused of involvement in an attempted extortion in 2022
A candidate to be the next head of Interpol has been accused of involvement in the kidnap, detention, assault and attempted extortion of two Indian businessmen.
Lawyers for Vinod and Uddit Sadhu have written to Interpol saying the allegations against Mubita Nawa, a deputy commissioner of police in Zambia, suggest he is “plainly unsuitable” to be its next secretary general.
Continue reading...Over 200 signatories urge government to reverse decision enabling action against writer under anti-terrorism law
More than 200 Indian academics, activists and journalists have published an open letter urging the Indian government to withdraw last week’s decision sanctioning the prosecution of the Booker prize-winning author Arundhati Roy under the country’s stringent anti-terrorism law.
“We … deplore this action and appeal to the government and the democratic forces in the country to ensure that no infringement of the fundamental right to freely and fearlessly express views on any subject takes place in our nation,” the group said in the letter.
Continue reading...Several balloons were spotted in and around the airport boundaries, as one balloon landed on the tarmac near passenger terminal two
Takeoffs and landings at South Korea’s Incheon international airport have been disrupted for about three hours because of balloons launched by North Korea filled with refuse, an airport spokesperson said.
One balloon landed on the tarmac near passenger terminal two and the three runways at Incheon were temporarily shut down on Wednesday, the spokesperson said.
Continue reading...The 13-member band, whose sales last year were only beaten by Taylor Swift, perform both as a full ensemble and in smaller units
While household names including Dua Lipa, Coldplay and Shania Twain abound on the Glastonbury roster this year, one of the biggest acts on the festival’s main Pyramid Stage might not be so well known in the UK.
But sales of the South Korean boyband Seventeen – which has 13 members – last year surpassed those of every other pop act worldwide bar Taylor Swift.
Continue reading...As Republicans thirst for restarting federal executions, Absolute Standards told Connecticut lawmakers it hasn’t made or sold pentobarbital since December 2020.
The post Company Linked to Federal Execution Spree Says It Will No Longer Produce Key Drug appeared first on The Intercept.
Project 2025 — a road map for the next Trump White House — urges overturning Supreme Court precedent, and a trickle of bills may tee up challenges.
The post Can Conservatives Expand the Death Penalty Using the “Trigger Law” Playbook? appeared first on The Intercept.
Foreign Minister Yván Gil Pinto discusses Venezuela’s bid to join the BRICS alliance, the impacts of U.S. sanctions, and the battle over Citgo.
The post The Venezuelan Perspective appeared first on The Intercept.
UAVs continually kill civilians, but the U.S. military wants to expand its arsenal with an army of new, mass-produced kamikaze AI drones.
The post Cheap and Lethal: The Pentagon’s Plan for the Next Drone War appeared first on The Intercept.
‘Unfair’ rejection rates of up to 70% harm cultural diversity and create a ‘global apartheid’, say promoters and musicians
Musicians, authors, producers and festival managers have hit out at “humiliating” and costly visa-rejection rates for African and Asian artists visiting Britain and European Union countries, saying it is having a chilling impact on cultural diversity.
Analysis shows the UK last year raised £44m in fees for visa applications that were then rejected, mainly coming from low- and middle-income countries. The EU made €130m (£110m).
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...Increasing use of fans, air coolers and air conditioners is placing ‘serious’ strain on grid in north of country
Engineers in India have warned of the possibility of prolonged power outages in the north, where a heatwave has brought misery for millions of people.
Demand for electricity has soared due to fans, air coolers and air conditioners being run constantly, placing a strain on the grid in Delhi and elsewhere in the north. Manufacturers of air conditioners and air coolers report sales rising by 40-50% compared with last summer.
Continue reading...Nikhil Gupta accused of plotting to kill US resident who has advocated for sovereign Sikh state in northern India
An Indian man suspected by the US of involvement in an unsuccessful plot to kill a Sikh separatist on American soil has pleaded not guilty to murder-for-hire conspiracy charges in a federal court in Manhattan.
Nikhil Gupta, 52, has been accused by US federal prosecutors of plotting with an Indian government official to kill Gurpatwant Singh Pannun, a US resident who has advocated for a sovereign Sikh state in northern India.
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.
Culture is increasingly mediated through algorithms. These algorithms have splintered the organization of culture, a result of states and tech companies vying for influence over mass audiences. One byproduct of this splintering is a shift from imperfect but broad cultural narratives to a proliferation of niche groups, who are defined by ideology or aesthetics instead of nationality or geography. This change reflects a material shift in the relationship between collective identity and power, and illustrates how states no longer have exclusive domain over either. Today, both power and culture are increasingly corporate...
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...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...Gerard Gorman faced unimaginable horror as an 11-year-old boarder in County Armagh. The pain haunted him for decades – then he took on the church
It was November 1970 and Northern Ireland was sliding into the Troubles, but for Gerard Gorman, a new pupil at St Colman’s College, the horror of that era began when Fr Malachy Finegan summoned him into a room, closed the door and told him to sit on a sofa.
Gorman was 11 years old and small for his age, with big blue eyes. Two months earlier, he had started as a boarder at the Catholic boys’ school in Newry, County Armagh. Staff tended to be aloof or intimidating, except Finegan, the religious education teacher, who was solicitous and avuncular.
Continue reading...“I don’t want to be working on something that can turn around and be used to slaughter innocent people.”
The post “Utterly Dismayed”: Air Force Engineer Resigns as Dissent Against Gaza War Slowly Spreads Within Military appeared first on The Intercept.
The task force revealed its plans not in a communiqué to faculty and students — but instead in an Israeli newspaper article.
The post Columbia Task Force for Dealing With Campus Protests Declares That Anti-Zionism Is Antisemitism appeared first on The Intercept.
New law is too weak and has been made harder to enforce, while transport ministry has not taken sufficient action, groups say
German climate activists are taking the government to court for “unconstitutional” climate policy, seeking to build on a landmark victory three years ago that they had hoped would force Europe’s biggest polluter to clean up quickly.
The activists argue that the new climate law is too weak, that a recent update makes it harder to enforce, and that inaction from the transport ministry, which has repeatedly failed to meet its emissions targets, will force tough measures on poor groups in the future.
Continue reading...Project 2025 — a road map for the next Trump White House — urges overturning Supreme Court precedent, and a trickle of bills may tee up challenges.
The post Can Conservatives Expand the Death Penalty Using the “Trigger Law” Playbook? appeared first on The Intercept.
Judge says boy has ‘denounced Islamic State’ and now knows ‘the dangers of such activity’
A teenager who pleaded guilty to being a member of a terrorist organisation has been released from juvenile detention.
The boy – who can’t be named – was on Wednesday sentenced in Brisbane’s children’s court for offending that occurred over two-and-a-half months in 2023.
Continue reading...Da’Vine Joy Randolph and the director and cast of Anatomy of a Fall are also among the 487 new artists and executives to judge the Academy Awards
Killers of the Flower Moon star Lily Gladstone, Past Lives director Celine Song, and actors Jessica Alba, Catherine O’Hara and Fiona Shaw are among the 487 artists and entertainment executives invited to join the Academy of Motion Picture Arts and Sciences, the organisation announced on Tuesday.
Other invitees included Past Lives actors Greta Lee and Teo Yeo, Bottoms filmmaker Emma Seligman, New Zealand actor Rachel House – best known for her collaborations with Taika Waititi – and French director Alice Diop, whose feature debut, the legal drama Saint Omer, became an international festival darling in 2022.
Continue reading...Government policies should be judged by their effect on the life satisfaction of the population, not by economic growth alone, says Prof Richard Layard. Plus letters from Sarah Davidson and Ethan Oshoko
Your editorial rightly points out that GDP is not a good measure of how people are faring (19 June). As an alternative, you offer the UN’s human development index. But we already have a better British alternative – the measure of life satisfaction in the Office for National Statistics’ annual population survey.
The question asked is: “Overall, how satisfied are you with your life these days (0: not at all satisfied, 10: completely)?” The results are published every quarter. That is an excellent measure of the nation’s success. It provides a good account of how we are doing on average and of the degree of fundamental inequality in our society.
Continue reading...Decision threatens Benjamin Netanyahu’s coalition government with collapse as Gaza conflict drags on
Israel’s supreme court has ruled that ultra-Orthodox Jewish men must be drafted into military service, a politically explosive decision that threatens the stability of Benjamin Netanyahu’s coalition government.
The unanimous ruling on Tuesday, from an expanded panel of nine judges, upheld an interim decision last month that the state had no authority to offer the current exemption for ultra-Orthodox, or Haredi, men. It found that yeshivas – Orthodox seminaries for Torah study – should be ineligible for state subsidies unless students enlisted in the military.
Continue reading...In April, President Joe Biden said he was “considering” dropping charges against the WikiLeaks founder.
The post Julian Assange Strikes Plea Deal, Will Return to Australia appeared first on The Intercept.
Congressman Bowman defeated by George Latimer, backed by pro-Israel groups in most expensive House primary ever
Jamaal Bowman, the progressive Democratic congressman whose criticism of Israel’s war on Gaza made him a target for pro-Israel lobbying groups, lost his primary race on Tuesday night.
The Democratic primary in New York’s 16th district became the most expensive House primary in history after Bowman was challenged by George Latimer, a pro-Israel centrist.
Continue reading...Top Democrats used to go all in on protecting incumbents. That wasn't the case for Jamaal Bowman, who was defeated Tuesday.
The post Half-Hearted Efforts by Democratic Leaders Couldn’t Save Jamaal Bowman From AIPAC’s Attacks appeared first on The Intercept.
If the Biden administration is serious about protecting press freedoms, officials from Washington might want to have a stern talk with federal prosecutors in Detroit.
The post Federal Prosecutors Attacked Me for My Reporting — and They’re Doing It to Hide Info From the Public appeared first on The Intercept.
The administration says the “Azov Brigade” is separate from the old, Nazi-linked “Azov Battalion.” The unit itself says they’re the same.
The post The U.S. Says a Far-Right Ukrainian Army Unit Can Now Get Aid. A Photo Shows Training Was Already Happening. appeared first on The Intercept.
The donation, one of the largest in the school’s history, was made as right-wing megadonor Leo shopped a new law school center.
The post Texas A&M Wants to Keep Emails About Leonard Leo’s $15 Million Gift Secret appeared first on The Intercept.
From the jump, the lawsuit challenging the legality of mifepristone was a cynical, propagandistic endeavor. In a 9-0 opinion, the Supreme Court threw it out.
The post GOP States Double Down on Fighting Medication Abortion After Supreme Court Keeps It Legal appeared first on The Intercept.
There is a lot written about technology’s threats to democracy. Polarization. Artificial intelligence. The concentration of wealth and power. I have a more general story: The political and economic systems of governance that were created in the mid-18th century are poorly suited for the 21st century. They don’t align incentives well. And they are being hacked too effectively.
At the same time, the cost of these hacked systems has never been greater, across all human history. We have become too powerful as a species. And our systems cannot keep up with fast-changing disruptive technologies...
“I don’t want to be working on something that can turn around and be used to slaughter innocent people.”
The post “Utterly Dismayed”: Air Force Engineer Resigns as Dissent Against Gaza War Slowly Spreads Within Military appeared first on The Intercept.
The task force revealed its plans not in a communiqué to faculty and students — but instead in an Israeli newspaper article.
The post Columbia Task Force for Dealing With Campus Protests Declares That Anti-Zionism Is Antisemitism appeared first on The Intercept.
UAVs continually kill civilians, but the U.S. military wants to expand its arsenal with an army of new, mass-produced kamikaze AI drones.
The post Cheap and Lethal: The Pentagon’s Plan for the Next Drone War appeared first on The Intercept.
“They attacked in the middle of the day. People were going to the market. They gave no warning.”
The post Medical Aid Worker Describes the Bloody Aftermath of Israel’s Hostage Rescue appeared first on The Intercept.
In an exclusive interview with the Guardian, the Ukrainian president, Volodymyr Zelenskiy, revealed the tactics and traits that help him face the daily frustrations of leading a country at war for more than two years.
Within a ceremonial room inside Kyiv’s presidential compound, Zelenskiy spoke for nearly an hour with a Guardian team, including the editor-in-chief, Katharine Viner. The interview took place during perhaps the toughest time for Ukraine since the early days of the war. Russia is on the offensive in Kharkiv, an advance that follows months of delay in the US Congress over the passing of a major support package, limiting Ukraine’s battlefield capabilities
Continue reading...Peter Finch won a posthumous Oscar for his uproarious performance as a swivel-eyed news anchor – a cross between Billy Graham and Donald Trump
‘The time has come to say … is ‘dehumanisation’ such a bad word?” The speaker is Howard Beale, the sweat-drenched, swivel-eyed TV news anchor in this classic 1976 satire from screenwriter Paddy Chayevsky and director Sidney Lumet, now on rerelease. Depressed by the loss of his wife and by getting fired due to dwindling audiences, Beale proclaims he will kill himself live on air and is then re-hired as a colossal popular and then populist success, his celebrity delirium turning him into a crazy prophet, telling millions of Americans to scream out of the window that they are as mad as hell and not going to take it any more. Beale is a mixture of Billy Graham, radio star Orson Welles telling America the Martians are coming, and that notorious ratings-obsessive Donald Trump.
Network finds its place in the distinctive Hollywood tradition of showing TV as meretricious, mindless and corrupt … as opposed, presumably, to movies. It’s a classic 70s mainstreamer, a terrifically well-made, well-written talking point to put alongside other richly enjoyable small-screen dramas such as Robert Aldrich’s The Killing of Sister George from 1968, James L Brooks’s Broadcast News in 1987, Robert Redford’s Quiz Show from 1994 – and Antonio Campos’s Christine, about Christine Chubbuck, the American TV news reporter who in 1974 really did kill herself live on the air. Chayevsky denied she was the inspiration for this film. Peter Finch gives an uproarious performance as Beale, for which he posthumously won the best actor Oscar after succumbing to a fatal heart attack in the lobby of the Beverly Hills Hotel – a fate hardly less satirical or poignant than Beale’s own.
Continue reading...Da’Vine Joy Randolph and the director and cast of Anatomy of a Fall are also among the 487 new artists and executives to judge the Academy Awards
Killers of the Flower Moon star Lily Gladstone, Past Lives director Celine Song, and actors Jessica Alba, Catherine O’Hara and Fiona Shaw are among the 487 artists and entertainment executives invited to join the Academy of Motion Picture Arts and Sciences, the organisation announced on Tuesday.
Other invitees included Past Lives actors Greta Lee and Teo Yeo, Bottoms filmmaker Emma Seligman, New Zealand actor Rachel House – best known for her collaborations with Taika Waititi – and French director Alice Diop, whose feature debut, the legal drama Saint Omer, became an international festival darling in 2022.
Continue reading...The task force revealed its plans not in a communiqué to faculty and students — but instead in an Israeli newspaper article.
The post Columbia Task Force for Dealing With Campus Protests Declares That Anti-Zionism Is Antisemitism 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
We would like to hear about the best album you have heard this year so far and why
The Guardian’s music writers are compiling their favourite albums of the year so far – and we’d like to hear about yours, too.
Have you listened to a new album that has had you hooked? Or one you’d recommend? Tell us your nomination and why you like it below.
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