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NFTation

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News

Pudgy Penguins NFT Trading Volume Increases

Pudgy Penguins NFT Trading Volume Increases

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The trading volume and sales of Pudgy Penguins NFTs have seen a significant increase over the past 24 hours.

Gustavo Mendoza

Ethereum ETF Products Experience Withdrawals Amid Market Turbulence

Ethereum ETF Products Experience Withdrawals Amid Market Turbulence

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Ethereum ETF products faced significant selling pressure with $189 million in withdrawals amid market turbulence.

Rajesh Kumar

Significant Bitcoin ETF Outflows Mark Shift in Market Sentiment

Significant Bitcoin ETF Outflows Mark Shift in Market Sentiment

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On September 17, Bitcoin ETF outflows reached $51 million, marking the first major withdrawal after seven consecutive days of inflows, driven by institutional investors repositioning their cryptocurrency holdings.

Miguel Rodriguez

What is NFTation?

NFTation — a marketplace that provides digital image creators with the ability to showcase and sell their artwork to people around the world by turning it into unique tokens, called NFTs (Non-Fungible Tokens).

Contents:

NFTation - ecosystem for working with NFT items

Description of the NFTation platform

On NFTation, you can buy, sell, trade and store your digital goods, including digital art and other valuable digital assets, backed by the Ethereum blockchain. The team helps both creators and collectors to obtain digital assets through tokens that represent the authenticity and ownership of the asset. Unlike other NFT marketplaces, NFTation is not an open marketplace at this stage. All artists are either directly vetted or have been invited by these vetted artists.

This way, with a limited number of artists, collectors can be sure that the art, featured on the platform, is from verified artists.NFTation

NFTs, minted in NFTation, are duly signed by the creator's wallet to certify the authenticity of the original artwork. On top of that, they are rigorously vetted and validated through the Ethereum blockchain, which ensures that you only buy genuine works.

Future plans:

1. NFTation, initially launched on the Ethereum blockchain, will soon add other EVM-compatible chains to its platform.
2. Having multiple blockchains will give artists and collectors the ability to easily mint and collect their favorite works of art on the blockchain of their choice.

At NFTation, artists have two options for selling their digital art. The first is selling at a fixed price, and the second is through auctions. When someone bids on the minimum amount specified by the artist, an auction starts and continues for 24 hours at that price. This continues until the time for the highest bid runs out. Artists can choose how they want to market their art.

Other project features

NFTation has unique digital collections, called "Galleries". Galleries, just like in the traditional art world, can not only help artists with pricing, but also present and promote their favorite works of art in their galleries. It helps artists to focus on their artistic creation while getting help with promoting their work. In addition, galleries are another confirmation of the value and authenticity of NFTs.

NFTs can be easily created by trusted artists on the NFTation platform and can be easily purchased by collectors. They do not need to have any programming or coding knowledge, all that is required - Ethereum or other Layer 1 coins in an EVM compatible browser wallet such as Metamask.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.