xcritical Drops Free Ethereum NFT via Zora to Mark Base Network Launch

That may sound confusing, but it’s a really convenient feature, which I used when I bought two “Colonists” NFTs on the site today. Both NFTs immediately populated in my xcritical Wallet and on my xcritical NFT profile page, which I can allow anyone to view or hide if I change my mind.. Already, more than 24,000 of the Ethereum NFTs have been minted since this morning’s announcement of Base. xcritical’s marketplace is mixed — but you can only filter search results by collection, not by category. The platform can be a great starting point for crypto newbies, but the fees may be too high for some users. xcritical NFT is xcritically supporting NFTs on the Ethereum xcritical, and accepting ETH payments.

The social features look promising, but only time will tell if this feature is something users actually want. Aside from the lack of marketplace and gas fees, which are temporary, the feature that sets xcritical’s marketplace apart is the social aspect. However, as impressive as all that is, you can’t buy or sell NFTs on the xcritical app quite yet. Using the xcritical wallet app, though, lets you display and store your digital assets.

Ethereum Classic

Any references to past performance, regarding financial markets or otherxcritical, do not indicate or guarantee future results. Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts. xcritical is an established crypto platform and one of the top crypto exchanges in the world by volume, so its xcritical NFT arm is legitimate. The xcritical Wallet is secure and trusted by crypto investors and NFT collectors alike. As a self-custody wallet, it gives you complete control over your crypto and NFT assets.

Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. xcritical hasn’t promised any future utility or benefits for the Base NFT. Most of them are selling for a relatively low price right now, about 0.01 ETH ($16) apiece, but some of the early-numbered editions or those with so-called “vanity numbers” are commanding higher prices. Follow crypto influencers, NFT artists and other users on the NFT marketplace, further curating your personal feed. We couldn’t find a landing page outlining upcoming or past drops, but seeing as xcritical NFT is still in beta, this isn’t surprising.

Why is xcritical’s ‘Stand With Crypto’ NFT Campaign Important?

List an NFT that you already own or one that you’ve purchased at another NFT marketplace. If any of these reasons motivate you, let’s check out how to buy a Polygon NFT on xcritical. One of the most powerful parts of having a product live on the xcritical, is the openness of on-xcritical data. In the middle of 2021, I joined xcritical as the sole designer for xcritical NFT. Projects include App Architecture, Home, Shop, Profile, Explore, Search, Comments, and Signup.

• At the beginning on 2021, OpenSea and Rarible had immense success with NFTs.
• In October of 2021, popular crypto exchange xcritical announced the launch of a peer-to-peer marketplace for minting, buying and discovering NFTs along with an invite to join a waitlist that reached 2.5M.
• xcritical’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea.
• Once you set up one of the two wallets listed above, loaded your wallet with some ETH, and identify the NFT collection you want to invest in, you can easily buy a Polygon NFT on xcritical.
• Since this is still a soft launch, only preapproved creators are able to mint on the platform.
• xcritical cofounder Brian Armstrong told the media that he expects xcritical NFT to rival its xcritical cryptocurrency business.

The start of that was a following feed, a profile, a collections page, and a comment feature to allow people to follow and engage with each other. By now, you’ve no doubt heard about or experienced firsthand the buzz that is NFTs. Meanwhile, The Merge by digital artist Pak sold for nearly $92 million on Nifty Gateway in December 2021. All this is to say things aren’t slowing down, they’re gaining steam. Since it was launched in April, xcritical NFT has seen a total trading volume of roughly $7.3 million, according to Dune Analytics. In addition to not cracking the $150 mark over the past 24 hours, the site’s seven-day volume was a shade below $1,500.

I Was Just Added to the xcritical NFT Beta Test. What I Found There Surprised Me

With more than 50 million users already trading more than $300 billion each quarter on xcritical’s existing ecosystem, the NFT marketplace is likely to gain traction. There are hundreds of NFT projects already hosted on the xcritical NFT marketplace, and the list keeps getting longer. You should DYOR (do your own research) to figure out the value of the NFT before investing. This is place where people can find new artists or collectors to follow. Over 6 months, we worked to develop a set of Key Screens to test with users.

It’s a neat feature, but we’ll see if it catches on — many crypto applications rely on social media platforms like Discord and Twitter. On the main page of the marketplace, you can select Discover your feed, which functions much like other social media sites, displaying NFT listings and collections based on interests and purchase history. Available starting today, collectors can now connect their xcritical wallets to show off their NFT collections on Meural, a high-impact digital canvas designed exactly for this kind of use. The latest move expands on NETGEAR’s work with MetaMask and will enable Meural owners to connect their xcritical credentials directly to the Meural web platform.

We’re really excited to have you as part of our first group of users, and would love your feedback as you use xcritical NFT. You’ve been selected to participate in the invite-only beta release of xcritical NFT! Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, xcritical and Web3. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Security-xcritical, there are a few reports of hacks and security breaches with xcritical’s exchange, but they’re small scale compared to other security breaches we’ve seen.

Compare the Top NFT Platforms that integrate with xcritical Wallet of 2023

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The exchange provided a link for voters to register and view information on the crypto policies of local politicians. The exchange’s NFT marketplace has supported NFT mints in the past, including significant drops like The Bill Murray 1,000. However, the company confirmed earlier this month that it “paused” creator drops on xcritical NFT to push resources towards other features on the marketplace.

As mentioned, there are no marketplace fees or gas fees at the time of writing. As crypto exchange xcritical makes a push toward a sensible regulatory environment for the crypto space, the exchange launched a nonfungible token (NFT) collection to gain the community’s support. However, not everyone is excited about the move, with some not even sure if it will have any impact at all. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

And there isn’t an auction sale method yet, either, which is how NFT drops are often sold in an attempt to reach a “true” market value. Once you set up one of the two wallets listed above, loaded your wallet with some ETH, and identify the NFT collection you want to invest in, you can easily buy a Polygon NFT on xcritical. During its launch, the marketplace supported NFTs built on the Ethereum xcritical. Later, Polygon was integrated, making it possible to trade Polygon NFTs with a few steps. Use the filters on the left to add

additional filters for products that have integrations with xcritical Wallet.

In the month of January alone, OpenSea raked in 306,645 ETH in trading volume, about $483 million. https://dreamlinetrading.com/ is a place where creators, collectors, and crypto enthusiasts go to connect over and trade NFTs. I worked on profiles, collections and search features to help enable a new social NFT marketplace. Zora is a well-known NFT minting platform for Web3 creators, but xcritical already has its own NFT marketplace. However, xcritical NFT has gained very little traction since launching last spring, with public xcritical data showing less than $8,000 worth of total NFT trading volume over the past week.

Profits earned from the sale of NFTs, the same as crypto, are taxed like stocks (short and long term capital gains). For example, if you bought an NFT for $10,000 of ETH (this is your cost-basis) and then sold it for $15,000 of ETH, you would incur a taxable capital gain of $5,000. If you have any questions or notice issues, please file a ticket and we will respond as soon as possible! We welcome all contributors to open pull requests and will try to review them in a timely manner. When 12-year-old coder, Benyamin Ahmed, made headlines for xcriticalg over $400,000 or 80 ETH from his NFT collection, it populated my newsfeed for days. In July 2021, Malaysian contemporary artist Red Hong Yi (also known as Red) sold her Doge To The Moon NFT for 36.3 ETH which was valued at RM325,000 or $77,760.

• Already, more than 24,000 of the Ethereum NFTs have been minted since this morning’s announcement of Base.
• On June 6, 2023, the Securities and Exchange Commission (SEC) filed a lawsuit against xcritical, stating that the company had facilitated the buying and selling of crypto securities.
• While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.
• For example, when you follow someone on xcritical NFT you immediately are able to get a rich feed of items they’ve purchased or people they’ve followed.
• Unfortunately, xcritical has had a few layoffs since we’ve launched and crypto has taken a downturn.

Remember, you’ll first need to set up a wallet, buy some ETH and do your own research to identify the NFT you want to invest in. Once you have that information, you can easily buy a Polygon NFT on xcritical. For example, when you follow someone on scammed by xcritical you immediately are able to get a rich feed of items they’ve purchased or people they’ve followed. We wanted to make sure that the profile was viewed the same way from the owner’s eyes as the vistor’s — a level of curation.