How to Un-brick Your TokenFrame
In late November 2024, TokenFrame digital display frames went dark. Suddenly, instead of showing playlists of the owners’ NFTs, the screens would only show white lines waving on a spacey background. The company was cagey about the issue. Complaints piled up in its Discord and on social media. Three weeks later, TokenFrame’s CEO admitted that…
The Best Digital Display Frames for NFT Collectors 2024
Every NFT art collection yearns to be displayed, and for many collectors, the ideal place to show off their portfolio is on the walls of their home. This leads to the question: What is the best device for displaying my NFTs at home? There are many digital displays on the market that cater to digital…
How to Send NFTs by Email (Yes, Really!) Using Kukai
A free wallet client on the Tezos network allows you to send NFTs to emails or even social media accounts – making it possible to gift NFTs to people who have never set up a crypto wallet. Last year, I decided I wanted gift my friends NFTs for the holidays. Almost none of my friends…
The Niftyist Podcast Episode 2: On Pioneering “Artistic Utility” with Toomuchlag & Mauro
Today I am thrilled to release the second episode of The Niftyist Podcast, which features heavyweight duo in the world of blockchain art – Toomuchlag and Mauro, the two minds behind the epic Le Anime project. The video version of the podcast includes the full range of our conversation. A condensed audio version is also…
Announcing The Niftyist Podcast
For the past few months, I’ve been excitedly working on bringing to life The Niftyist Podcast – a venue for conversations with the visionaries, artists, and architects building the world of Web 3 and NFTs. Today I am excited to say that it is finally live. The mission of the Niftyist Podcast is to cut…
British Museum Set to Expand NFT Offerings
Last year, the British Museum became one of the most high-profile museums to incorporate NFTs into their collection. At that time, the museum partnered with a French startup, LaCollection, to auction 200 works by Japanese artist Katsushika Hokusai as NFTs. Hokusai is best known for his masterpiece `The Great Wave of Kanagawa ( c 1829-1833).’…
10 Things I Learned from Buying NFTs on Tezos
Last month, I set out to buy an NFT for every one of my friends who wanted one. At the same time, I decided to run a twelve day giveaway on TikTok in which I gifted one NFT per day to a random user who commented on my video. Although it may sound like a…
The Nifty Dictionary: Diamond Hands
DEFINITION Diamond hands is a term for someone who plans to hold onto an NFT long-term, with no concern about market conditions in the short term. The opposite of paper hands. EXAMPLE “I don’t mind that the floor price for this collection has gone down recently. I’ve got diamond hands, baby! My NFT will be…
The Nifty Dictionary: Paper Hands
DEFINITION Paper hands is a derogatory term for someone who quickly sells an NFT, or sells in a panic when market prices drop. The opposite of diamond hands. Consequently, to paper hand an NFT means to sell it for a small profit, a wash, or a loss. CONTEXT A person is said to have paper…
The Nifty Dictionary: One of One (aka 1/1)
DEFINITION A 1/1, 1 of 1, or one of one, is an NFT that has been issued as a single, unique edition. One of ones are seen as more scarce and therefore more valuable, because only one person can own them at a time. CONTEXT When an NFT is minted, the creator can choose to…
I Sold an Official Twitter NFT for $15,000. Who Got the Better Deal?
Last week, I was one of the few lucky winners of Twitter’s surprise NFT giveaway. Just a day later, I accepted a $15,000 USDC bid for the piece. I effectively was betting that the price would only go down from there. The party on the other end of the bid – an account named “NFT…
The Nifty Dictionary: Open Edition
DEFINITION In the world of NFT art, an open edition is an NFT for which any number of editions can be minted. This contrasts with a limited edition NFT: one that is limited to a predefined number of editions. CONTEXT Open editions are generally seen as less rare or prestigious than limited editions, since they…
The Nifty Dictionary: Shill
DEFINITION To shill means to advertise one’s creations or items available for sale. NFT creators and NFT sellers may both shill their works to find potential buyers. CONTEXT The NFT market is a crowded space, which means creators often have to do a certain amount of self-promotion to stand out and make sales. Shilling is…
The Nifty Dictionary: Lazy Minting
DEFINITION Lazy minting is a way of minting an NFT without having to pay upfront gas fees. In other words, this method allows someone to create an NFT for “free”. CONTEXT Any transaction on the Ethereum network requires payment of a fee known as gas. Creating an NFT counts as posting a transaction to the…
OPERATION MELT ‘FACES’: Nearly $1 million Value ‘Melted’ by Collectors
The numbers are now in for an ambitious NFT experiment that challenged collectors to “melt” an extremely popular NFT in exchange for a reward: Nearly a third of holders of the SSX3LAU piece “FACES” participated in the operation, pouring almost $1,000,000 in estimated value into this digital smelting operation. At the time of writing, the…
The Nifty Dictionary: Drop
Dropping is a slang term that means to debut or to become available for purchase. A drop is the release of one or more NFTs for purchase at a particular time and place. The phrase drop implies that there will be strong demand for the release – therefore, it’s often used by in marketing or…
The Popping of the Nifty Gateway Bubble
Something bizarre happened this week when Duke Dumont dropped his debut collection on Nifty Gateway: only one person bought into an open edition piece, effectively turning what should have been a solid middle-tier open edition NFT into a unique 1 of 1. The piece, Morganite, was a collaboration with LOREM in the DREAM LOGIC Open…
The Nifty Dictionary: Gas
On the Ethereum network, gas is a fee that must be paid to the network in order to make a transaction. Gas is paid directly to miners to compensate them for their computational effort used to run the network. It’s called “gas” because of the easy analogy to driving: to go anywhere in a car,…
An Artist Donated This Innovative NFT to the Public. Someone Stole it Immediately.
Last week, artist Steven Baltay, who goes by the handle @realimposter on Instagram, minted a and daring experiment in NFT art. He called it Public Domain, and declared that, “This NFT will belong to the public. The artwork itself holds the seed phrase to the wallet containing it. Please do not buy, sell, trade or…
The Nifty Dictionary: Mint
DEFINITION Minting means creating a new NFT. Recall that NFT stands for non-fungible token. Just as a metal coin must be minted in the real world, a non-fungible token must be minted digitally. The token is minted on a blockchain such as Ethereum, a public database where it can be stored, traced, and traded. To…
Collect this Crypto City NFT: Barcelona
Note: As of 3/29/2023, I own an NFT in the CryptoCities Suburbs collection. I therefore have a financial stake in the CryptoCities brand. Links on this page may contain affiliate codes for OpenSea that could compensate me in the event you purchase an NFT. This intricate piece caught my eye today on /r/NFT, as it’s…
The Nifty Dictionary: NFT
DEFINITION NFT stands for Non-Fungible Token, which is crypto jargon for a unique digital item. Non-fungible simply means that two items are not exactly interchangable, the way that two tickets to the same concert may not be interchangable (perhaps one ticket is for the front row and one is for the nosebleed section) even though…
Introducing Niftyist
Niftyist is a blog and network covering NFTs! At the beginning of 2021, I found myself falling down the NFT rabbit hole, beginning to collect art on Nifty Gateway as I learned about the blockchain technology at the heart of this innovative technology. Several months later, I was deep down the rabbit hole, spending several…