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How to Create and Sell NFT: The Beginner Guide



Just last month, non-fungible tokens (NFTs) rose to fame with record sales of Beeple and Nyan Cat of $69 million and $590,000, respectively. Who would have thought that a collage of rainbows pooping flying kittens and a low-res meme would open the door to a whole new crypto art economy?

This phenomenon has scratched the minds of many investors, but NFTs are not an entirely new trend or technology. NFT is a token built on ERC-721 to identify unique works of art or intellectual property.

In this guide, we will unravel the complexity of NFTs, the mystery of crypto art, and provide valuable information for you to make money as a creator or investor.

What is a Non-Fungible Token?

An non-fungible token is a cryptographic token activated by ERC-721, an Ethereum-based smart contract that is indivisible – making it unique for individual intellectual property tracking!

In other words, an non-fungible token is like getting a glowing coin in an old-style arcade that can only be used for certain games; Every coin you use cannot be split or refunded. Unlike ERC-20, NFTs cannot be exchanged for other tokens.

Therefore, non-fungible tokens have three irresistible properties for crypto artists and creators: uniqueness, rarity, and indivisibility.

NFTs: Spring or No?

Do we really need NFTs? NFTs enable digital artists to watermark their work across the entire digital economy. For example, music creators can use NFTs to monetize their music and enforce IP rights to prevent piracy. On the receiving end, art collectors will find the digital art collection process simplified and validated.

One of the growing real-world adaptations of NFTs is NBA Top Shots, a platform built on the FLOW blockchain that allows users to capture highlights of NBA games and convert them into NFTs. In February 2021, sales of Top Shots NFTs skyrocketed to over $218 million. As of writing, the crypto art economy is worth $100 million.

As the world moves towards a post-pandemic digital economy, NFTs could be the key to accelerating the digitization process.

A Step-by-Step Guide to Selling Your First NFT

Similar to selling items on eBay, the NFT selling process involves creating an Ethereum account, listing the digital item, and a crypto wallet to receive payment.

Few platforms allow you to print your first crypto art. In this example, we will examine Opensea, one of the most popular platforms for NFTs.

  • Step 1: Create an Account in the NFT market

First, access OpenSea and click create.

Next, you will be asked to connect your Metamask wallet that supports Ethereum. One way to create a Metamask wallet is to add it as an extension to the browser via the Chrome store. When you sign in to the wallet, it will automatically sync with the OpenSea account.

  • Step 2: Start Creating Your Crypto Art!

Next, go to the collections tab to create your “first store” and start listing your digital arts. Basically, you can print any digital art format from images, sounds and GIFs.

Listing on OpenSea costs nothing, but gas fees may apply due to the use of the Ethereum network. The cost of gas fees is directly related to network congestion. Therefore, listing your digital art at inconvenient hours can only reduce the cost of gasoline charges!

Step 3: List and Sell Your First NFT!

Then access your collection and click sell! Once you have defined the parameters for printing NFTs on the sales page, you are on your way to generating a new passive income.

Isn’t that easier than selling WhatsApp stickers in App stores? Let’s take care of creative, digital artists!

Disadvantages of NFTs

Here’s the big question: Can you really sell something and get rich?

NFTs are not entirely new to the crypto world. The forerunners of NFTs in 2018 were Cryptokitties and celebrity music. So why didn’t it start then? NFT platforms were unregulated, making them expensive and inaccessible to the average internet user.

BitClout, for example, faces legal charges for selling NFTs without users’ consent. According to BitClout’s whitepaper, the profiles of 15,000 influencers have been “pre-loaded” on the BitClout platform, and users will be able to trade on these tokenized accounts by receiving BitClout’s “creative” token. However, the influencers did not allow their content to be used or re-shared.

In other words, BitClout has reportedly touched the gray area of ​​social media regulations. Anything posted on social media is public and accessible to everyone. However, can we print someone’s post and call it our own with a coin? This is an evolving debate that needs to be resolved… it is widely debated by proponents and opponents alike in this field.

Recently, Singapore Prime Minister Lee Hsien Loong requested that his name and image be removed from a cryptocurrency platform after receiving media inquiries from Singapore-based media The Straits Times about BitClout.

As a result

There is no doubt that NFTs have generated a strong demand for intellectual property. However, critics dismissed it as another fad to pass. Regardless, crypto artists are happy with the recognition of their creations and the emergence of platforms to monetize their assets quickly.

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What is Baby AGI: A Comprehensive Guide For Beginners




Artificial Intelligence (AI), an omnipresent force subtly weaving through the fabric of modern life, has ushered in a new era of innovation and automation. From virtual assistants like Siri and Alexa to the sophisticated recommendation engines driving platforms like Netflix and Amazon, AI’s impact is unmistakable. A groundbreaking stride in AI’s evolution is the emergence of Baby Artificial General Intelligence (AGI), an advancement poised to reshape our existence by automating a diverse spectrum of tasks. This article delves into the essence of Baby AGI, its mechanics, and the boundless vistas it opens for application.

Introducing Baby AGI: Pioneering Autonomy and Efficiency

Laying the foundation for an era of self-sustaining AI, Baby AGI is a groundbreaking autonomous agent meticulously crafted using the Python programming language in tandem with the OpenAI and Pinecone APIs. This innovative entity possesses the prowess to independently initiate and execute tasks, effectively revolutionizing workflow dynamics. Much akin to its human counterparts, Baby AGI demonstrates the capacity to learn, comprehend, and execute tasks spanning a myriad of domains, distinguishing itself from the narrower confines of specialized AI.

Exploring Baby AGI’s Boundless Potential

While the infancy of Baby AGI’s journey is undeniable, the scope of its applications is nothing short of prodigious. From crafting literary marvels to orchestrating intricate travel plans, Baby AGI promises the ability to undertake tasks demanding a human-like grasp of context and nuance. Crucially, it is imperative to grasp that Baby AGI doesn’t supersede human intellect; rather, it serves as an invaluable tool for task automation, driving productivity gains across domains.

Embarking on the Journey: Navigating the Prerequisites

Utilizing Baby AGI mandates a trifecta of essentials:

  1. Adequate Hardware: While specific hardware prerequisites remain nebulous, a computer boasting a minimum of 4GB RAM is advised to ensure seamless operations. Optimal hardware guarantees expedient task execution.
  2. API Key Activation: Empowering Baby AGI necessitates procuring API keys from OpenAI and Pinecone. This entails simple steps for key generation.
    • OpenAI API Key Generation:
      • Access, then log in or establish an account.
      • Click the profile icon, selecting “View API Keys.”
      • Create a new secret key with a designated name.
    • Pinecone API Key Generation:
      • Visit and access your account or create a new one.
      • Navigate to “API Keys” on the left-hand side, then proceed to generate a new API key.
  3. Stable Connectivity: Unlike offline AI tools, Baby AGI thrives on an unwavering internet connection, underscoring the need for dependable connectivity.

A Comprehensive Guide to Harnessing Baby AGI’s Potential

The journey commences by embracing the steps outlined below:

Step 1: Python Installation

Begin by installing Python, an essential programming language requisite for executing Baby AGI. Visit, acquire the latest version of Python, and follow platform-specific installation guidelines.

Step 2: Acquiring Baby AGI Files

Through your terminal (Mac/Linux) or Command Prompt (Windows), input “git clone” and press Enter. This directive triggers the download of imperative Baby AGI components from the designated GitHub repository.

Step 3: Package Installation

Within the downloaded directory, execute “pip install -r requirements.txt” in the terminal or Command Prompt. This single command orchestrates the installation of essential packages, forming the bedrock of Baby AGI’s operational architecture.

Step 4: Configuration Precision

Upon successful package installation, locate and rename the “.env.example” file to “.env”. This configuration file is instrumental in establishing the operational context for Baby AGI.

Step 5: Enabling API Integration

Edit the renamed “.env” file using a text editor to input your OpenAI and Pinecone API keys. These keys imbue Baby AGI with the prowess to interact with external services, accentuating its capabilities.

Step 6: Igniting Baby AGI

Within your terminal or Command Prompt, input “python” and hit Enter. This catalyst sets Baby AGI in motion, ushering in its active presence and potential for interaction.

Step 7: Catalyzing Interaction

Elevate Baby AGI’s prowess by offering input that encapsulates your AI agent’s designation, the focal domain, and the inaugural task you seek to delegate. This framework defines its mission, enabling adept execution guided by your specifications.

A Glimpse of Baby AGI in Action

Illustrating Baby AGI’s potential, envision a scenario where it functions as a cyber insurance underwriter, identifying vulnerabilities primed for cyber insurance claims. Tasked with grasping cyber insurance nuances and dissecting potential issues, Baby AGI exemplifies task automation at its zenith.

Navigating Current Usage and Future Trajectories

Though yet to infiltrate commercial applications, Baby AGI captivates researchers and pioneers. Yohei Nakajima’s Baby AGI project harnesses machine learning and reinforcement learning, mirroring human growth patterns. Foreseeing the dawn of advanced educational tools and more sophisticated chatbots, the path forward entails overcoming challenges of safety and ethics.

Concluding Remark

Baby AGI crystallizes the zenith of AI evolution, steering us towards the realization of AI agents mirroring human cognition. Pioneering the realm of task automation, this nascent marvel harbors potent potential. Though in its infancy, Baby AGI pledges to empower and reshape the landscape of productivity.

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of Forbes.)

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What is Wrapped?




red and white gift box with ribbon bow

Wrapped is a term used in the cryptocurrency industry to refer to a digital asset that represents another asset or currency on a different blockchain. This allows users to trade or use assets on one blockchain, while still retaining the value of the asset on its original blockchain.

For example, the Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. When a user wraps their BTC into WBTC, they receive an equivalent amount of WBTC on the Ethereum blockchain. This allows them to use BTC in Ethereum-based decentralized applications (dapps) or trade BTC on Ethereum-based decentralized exchanges (DEXs) without needing to transfer the actual BTC to the Ethereum blockchain.

The process of wrapping an asset involves locking the original asset on its blockchain and minting an equivalent amount of the wrapped asset on another blockchain. The wrapped asset is then pegged to the original asset’s value, usually through the use of a smart contract. When a user wants to redeem their wrapped asset for the original asset, the wrapped asset is burned, and the original asset is released back to the user.

Wrapped assets are useful because they allow for interoperability between different blockchains and can increase liquidity and trading volumes for certain assets. They can also enable new use cases for assets that were previously restricted to a specific blockchain.

In addition to WBTC, there are many other wrapped assets, including Wrapped Ether (WETH), Wrapped Litecoin (WLTC), and many others.

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What is Wash Trading?




Free person in washing machine

Wash trading is a practice that involves buying and selling a cryptocurrency asset for the purpose of creating the impression of greater market activity and trading volume than actually exists. It involves a trader simultaneously buying and selling the same asset to manipulate the price and create a false sense of demand and liquidity.

In the context of cryptocurrencies, wash trading is a fraudulent activity that can deceive investors and traders into thinking that a particular asset is more popular and valuable than it really is. This can lead to an artificial price increase, which can be exploited by the traders involved in the wash trading scheme.

Wash trading is typically used by unscrupulous traders and market manipulators who want to artificially inflate trading volumes or prices to attract other investors or traders to buy the asset. It is also sometimes used to manipulate prices to trigger stop-loss orders or liquidations, which can cause panic selling and create opportunities for the wash traders to profit.

Wash trading is illegal in traditional financial markets, and many jurisdictions have laws against it. In the crypto industry, some exchanges and regulators have taken steps to crack down on wash trading, including implementing monitoring tools to detect and prevent it.

Investors and traders should be cautious of assets with unusually high trading volumes, as they may be subject to wash trading. It’s important to do your own research and use reliable sources of information before investing in any cryptocurrency.

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Disclaimer: ATHCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.