Good night everyone, steemians, blogers, readers, and crypto lovers. I will start a positive activity tonight because life must always be productive and tonight I will write a post about cryptocurrency on my blog to participate in the Steemit Crypto Academy Season 4. This is the third week of Season 4 and the first class I will be taking this week is professor @imagen's class. In this class, we will learn and share knowledge about “NFT Markets” based on the following questions.

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Question 1:

Describe the Nifty Gateway platform in depth Who are its founders? What is the target market?

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Since being created by Duncan & Griffin in 2018 until finally being acquired by Gemini company, the Nifty Gateway platform has been growing with its various innovations and has become one of the well-known NFT trading platforms to date. Based on the slogan found on their official website, Nifty Gateway shows that their main mission is to encourage the achievement of 1 billion NFT collectors.

To reach a wider range of users, Nifty Gateway continues to make access easier for its users. In addition to being accessible through the official website at https://niftygateway.com/ , the Nifty Gateway platform is now also accessible via smartphones because the Nifty Gateway application is available on Playstore and Appstore. Android users can download it through the Playstore while iOS users can download it through the Appstore.

Nifty Gateway continues to spread its wings and has worked with various public figures and a number of well-known artists. To maintain the quality of the NFT to be traded, Nifty Gateway has a special team to evaluate a work of art and then decide whether or not the artwork is worthy of being sold to the public as an NFT asset so that only quality and unique NFT assets will be sold through the platform. this. Nifty Gateway is a platform that is able to realize various transactions between content creators and collectors in an agreement.

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Nifty Gateway provides two types of payment methods for now, you can use cryptocurrency or credit cards to transact here. The use of credit cards is subject to a slightly more expensive fee, the commission fee for credit cards is 15% of the sales proceeds while the commission fee for cryptocurrencies is 10% of the sales proceeds. One of the most popular NFT assets sold through the Nifty Gateway platform was Beeple's “5000” artwork with sales of nearly $70 million. As additional information, Nifty Gateway is a platform based on the Ethereum blockchain network with good security support.

There are three main menus on the official Nifty Gateway website, consisting of Drops, Marketplaces, and Activity. On the Drops menu, you can see a timeline that contains a number of publication dates for various NFT assets that will be available in the near future, while on the Marketplaces menu you will find various NFT assets that are already available on this platform and you can buy them here. You can also view various NFT trading activities that have occurred on this platform via the Activity menu.

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Question 2:

What are ERC-1155 tokens? How do they differ from ERC-20 and ERC-721 tokens?

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The Ethereum blockchain continues to evolve and innovate, including the presence of various types of ERC tokens. ERC-20, ERC-721, and ERC-1155 are the three types of tokens that are based on the Ethereum network. Of the three types of tokens, ERC-1155 is said to be the more complex token because it is able to combine the advantages of the ERC-20 and ERC-721 tokens and can overcome various problems that usually occur with ERC-20 and ERC-721 tokens.

One of the problems that often occurs in the case of ERC-20 is the loss of tokens due to inputting the wrong address during transactions and there is no recovery option for this case. Meanwhile, the problem that is often complained about in the ERC-721 case is the high commission fee because it cannot transfer many assets at the same time so it must be done separately.

The ERC-1155 token can overcome these two problems, of course, when the user makes an error in the transaction address, the user does not have to worry about losing his assets because the assets will be returned to the user. The ERC-1155 token can also transfer large amounts of assets at the same time so that the commission fees charged are certainly cheaper. When it comes to smart contracts, the ERC-1155 token also tends to be superior to the ERC-20 and ERC-721 tokens because the ERC-1155 token only requires one smart contract to manage a large number of tokens.

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Question 3:

Login to Etherscan. Please indicate the number of ERC-1155 tokens in existence at the time of writing your assignment. Indicate the first 5 tokens by volume of transactions in the last 24 hours. Indicate the Hash of the last transaction carried out and the identification of the token as well as its smart contract. Show Screenshots

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Visit https://etherscan.io/ , click Token and choose ERC-1155 Top Tokens.

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In the following display it can be seen that there are a total of 18,555 ERC-1155 Tokens for now and the top 5 tokens are:

OpenSea Shared Storefront (OPENSTORE)
0x495f947276749ce646f68ac8c248420045cb7b5e

PAGE
0xa7206d878c5c3871826dfdb42191c49b1d11f466

0x54f456b544abfb785694400bcb1d85629b2d437f

0x7a44228e46cdd37a85c0b07c4043b86c11e8c315

Zapper NFT V2
0xF1F3ca6268f330fDa08418db12171c3173eE39C9

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Return to the main page, click Token and select View ERC-1155 Transactions to view a number of transactions.

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In the following display, it can be seen that there are currently a total of 5,296,394 txns. Select the last transaction to view various detailed informations.

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The following is the detailed information of the transaction.

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Block: 13297834
Hash:
0x8bb7648bc9952bfb217a4ecc0cb2cda214489bc8b94d885553d0b3e6df3765db
Contract: 0xa7206d878c5c3871826dfdb42191c49b1d11f466

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Question 4:

Enter the Enjin wallet. Describe the functions presented in its user interface. Enter Marketplace: indicate the number of items for sale, indicate the first 3 items in the list and their description. Show Screenshots

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Visit https://enjin.io/ and scroldown the page till bottom to see more main menu. There are some main menus, namely Enjin categories, Products categories, Use Cases categories, Resources categories, About categories, and Support Categories.

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Enjin
There are three options in this section, namely For Individuals, For Businesses, and For Developers. You can register an account and login to the platform based on these three categories and you can choose it according to your needs.

Products Menu
There are five options in this section, namely Wallet, Platform, Marketplace, Efinity, and JumpNet. To safely store NFT assets, you can install Enjin Wallet on Wallet options and you can trade NFTs or find various other information on Marketplace options.

Use Cases Menu
There are five options in this section, namely Gaming, Art, Collectibles, Music, and View All. Users can find various NFT assets based on these categories.

Resources Menu
There are five options in this section, namely Blog, Docs, Showcase, Newsroom, and Press Kit. There is a variety of reading information on the Blog option, there is various information about documents for developers on the Docs option, read the latest news on the Newsroom option, and find various other interesting information on the Press Kit option.

About Menu
There are five options in this section, namely Company, Enjin Coin, Token Standard, Careers, and Contact Us. Users can read company background on Company option, read various information about ENJ on Enjin Coin option, find various interesting job vacancies on Careers option, and see contacts that can be contacted on Contact Us option.

Support Menu
There are four options in this section, namely Help Center, Submit a Ticket, Request a Feature, and Product Status. Users can ask for help in the Help Center option to overcome a number of problems, and can engage more closely with the Enjin team using the other three options.

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Click the Marketplace option in the Products menu to explore various other information in more detail. In the following display, it can be seen that there are currently 17,474 items on sale.

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Click Rankings to see the top list of a number of Projects. The Top 3 for now is occupied by Lost Relics, Age of Rust, and The Six Dragons.

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• Lost Relics description and detail information.

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• Age of Rust description and detail information.

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• The Six Dragons description and detail information.

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Question 5:

In your personal opinion, what is the future of NFT Markets? Please give reasons for your answer

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By looking at its development to date, I observe that the NFT market is able to attract many collectors and users to join the blockchain network. That way, I can believe that the NFT market is very likely to experience more significant progress in the future. With the development of technology, the NFT market will continue to grow with various new innovations that may be present in the future and are able to bring very positive changes to the NFT market, of course.

The NFT market has successfully penetrated various industrial sectors and managed to attract many users to get involved here. Various projects related to NFT are also ongoing and will continue to be developed. With high attractiveness due to its unique nature and widely accessible, the value of NFT assets will be higher in the future.

Many public figures and artists have collaborated with various NFT platforms and supported NFT to continue to grow. This indicates that NFT will have great support in the future with even more users. To date, NFT has shown very significant progress and even a number of NFT assets have been sold at fantastic prices. With all its advantages, NFT has a very green prospect in the future, we'll just have to wait and see.

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Conclusions

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NFT is growing in popularity and Nifty Gateway is one of the platforms that have traded NFT assets widely and you can find various unique and quality NFT assets here. The ERC-1155 token is a high-standard and reliable token because it can overcome a number of obstacles that are usually found in ERC-20 and ERC-721 tokens. The Enjin company has a great influence in the development of ERC-1155 because most of the ERC-1155 development team is the development team belonging to the Enjin company. By looking at its development, NFT assets can also be considered as one of the future assets of course.