- 23 Mar, 23
Magic Folk NFT: What is the 5555 Unique NFT Collection? in this article of Zatrun.com, we will answer all the questions that our readers are curious about in detail. At the same time, we will also touch on subjects such as the total volume of the Magic Folk NFT project, its price, how to buy it and statistical data.
Table of Contents
What is Magic Folk NFT?
The Magic Folk NFT project is a unique and innovative platform created by a team of artists, animators, shakers, and producers. The platform calls itself a group of Web3 wizards who aim to bring magic to the digital world. The collection has two faces, Light and Dark, each of which offers different artistic styles and expressions. Whether it’s a cheerful design or a serious tool, the Magic Folk NFT project is dedicated to creating exceptional user experiences from start to finish.
Magic Folk NFT project, consisting of serious investors and builders who do not take themselves too seriously, is a community of individuals who are passionate about pushing the boundaries of the digital world. The project promises to present a one-of-a-kind NFT collection that displays the talents of its team and the magic of the Web3 world.
The Magic Folk NFT project is looking forward to the maturation of Web3 metaverse programs with Magic Gallery, which leads the way in providing different interaction environments and compatibility convenience.
Elements of the Ecosystem
- Magic Gallery: The Magic Folk creates a unique and fun way for you to view and interact with your pets, weapons, and items.
- Collaboration: The platform’s top priority is to offer as much compatibility as possible with projects such as the Galaxy Fight Club game.
- Metaverse Integrations: The platform has explored multiple options, especially for metadata pool integrations that come with Sandbox, Substrata, Otherside or other suitable metaverse. The team has a passion for exploring and exploring these integrations.
- Magic Marketplace: Magic Folk users will have access to the Magic Marketplace, where they can trade items, pets, special owner points, vehicles and GEMZ in exchange for coal.
- Weapons: Weapons are objects that give your Magic Folk more power and rarity.
- Magic Items: They come in many forms, such as potions, books, totems.
What is an NFT?
NFT is defined as a technology that is described as a “revolution” by experts whose name we have often heard recently. Especially together with cryptocurrencies, blockchain technology creates the NFT infrastructure. NFT stands for Non-Fungible Token. At the same time, it is a name given to digital products that are unique and similar and cannot be replaced by a new one.
To give an example, you can exchange the Coins you have by buying 1 BTC from another person instead of 1 BTC. However, if this is Van Gogh’s “Starry Night” painting, this painting cannot have any peer and similar. So, no matter what happens, you can’t replace this painting with a new one. If this work is completely original, it can be bought and sold in this area.
This NFT technology is not only used in works of art. In addition, videos, sounds, gifs, photos and even the first tweets can be traded as NFT. Blockchain technology forms the infrastructure of this field. With this blockchain technology, the person or institution acquiring an NFT obtains a separate ownership license in addition to the copyright. In this way, it is prevented from copying and selling unique digital products without permission.
Magic Folk NFT: What is the Price and How to Buy It?
Magic Folk NFT is a collection of 5555 NFTs released on July 31, 2022, with a base price of 0.05 ETH. The current base price is seen as 0.05 ETH. The total volume of the project is currently reported to be 0 Ethereum. There is a total of 15 digital works in the OpenSea collection of the Magic Folk NFT project. According to OpenSea data, the number of people hosting the project’s collection is currently registered as 1.
The Magic Folk NFT project is gaining popularity among investors. If you are interested in investing in this project, you can start by checking out the page on OpenSea. However, there are a few steps that potential investors should take to become a part of the Magic Folk NFT collection:
First, it is important to have a digital cryptocurrency wallet such as MetaMask. MetaMask is one of the wallets that should be used to make purchases and sales in OpenSea. After acquiring a wallet, investors must purchase ETH to use for paying transactions. This ETH must then be transferred to the crypto wallet. ETH is the most widely used crypto unit for NFT purchases. After the ETH is transferred to the wallet, users must connect their digital crypto wallet to OpenSea. This link will allow them to select and purchase the desired NFT.
Also, the best places where you can buy this NFT are MagicEden and OpenSea. However, you can also buy Magic Folk NFT from other marketplaces such as CoralCub and Solsea.
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