Non-fungible token (NFT) is more or less distinctive and unique, and it cannot be replaced by anything else. NFT is a digital asset that you can buy but can’t touch. At Ethereum blockchain, most of the NFTs are its essential part. The Ethereum blockchain supports NFTs and Ethereum is also a cryptocurrency. In actual NFTs may be anything digital like artwork, paintings, music, an image of any object, even a meme. NFTs provide an unusual passive income to holders. The NFTs are designed in such a way that no one can copy their ownership. NFT is the new way in the crypto world to generate income by categorizing digitally present artworks on the platform. It is the fastest way for a designer to reap the reward. In digital museums of NFTs, there’s no preparing of files for printing purposes, no chasing customers for the payment, no change or editing according to customer’s requirements, and no waiting for feedback.
Unlike physical art, crypto art is more unique and digital in form. On NFTs, the digital signatures are recorded. The official owner is the buyer, but everyone has access to view the artwork. PLEDDUM aims to provide an opportunity to NFT artists to enlarge their arts to the crypto world. Their artwork will be accessible to everyone so people can view, praise, and purchase the artwork or any digital asset in the museum, which ultimately benefits the museum and the owner. We are also covering all costs: gas fees, minting, placing, and storing in PLEDDUM. Please go and visit our 3D virtual museum and check out what an attractive collection of NFTs is there for customers and investors.
What is PLEDDUM?
As the NFTs have raised the bars in the digital world. Now there are virtual museums for the display of NFTs. Here you have a question in mind that what is a NFT museum? So let us explain to you that the NFT museum is an entire metaverse that features everything from 2D images to 3D experiences. This metaverse includes 2D videos and images, 3D experiences, interacting objects, and creative engineers and artists design this digital place.
The PLEDDUM is a virtual NFT museum designed for the age of digital collectibles that is now easily accessible for visitors belonging to any place of the world. The PLEDDUM is powered to you by “Maloni,” where you can safely store or trade NFTs. Our interactive museum also has a prestigious collection of telephones belonging to different decades, and we provide you an opportunity to trade, invest and build collectibles of NFT, and you can showcase your art to the world. The provisions of PLEDDUM are from your sales.
The museum is intended to make the trading, minting, investing, storing, buying, and selling of NFTs an easy process in a single place. The PLEDDUM museum provides several services to its customers like:
NFT minting is a process that turns the digital files on the Ethereum blockchain into a crypto collectible or digital asset. In the distributed ledger and decentralized database, the digital items are stored forever, and then it is impossible to modify, edit or delete them. The manufacturer mints a physical coin to create a fiat coin; similar to this, when the specific item is uploaded onto a blockchain is called “minting.”
We can define NFT minting in a simple way that, with the help of this process, your digital content or digital art can quickly become an exceptional part of the Ethereum blockchain. The minting process turns the simple file into an important crypto asset that can be easily bought or traded with different cryptocurrencies without any intermediary source on a digital marketplace.
Ethereum blockchain’s smart contracts can host and store most NFT markets and NFTs. With the utilization of the Ethereum blockchain, you can easily create NFTs, sell, buy or transfer an asset at any Ethereum address, but you have to pay a gas fee for it.
The PLEDDUM museum provides you an opportunity on their platform where you can easily mint by connecting your wallet to our museum; there, you upload your file, then assign a title to the item and click on “Mint NFT” next, you have to approve the transaction fee or gas fee after all these steps wait till your process of minting starts automatically.
How to Trade NFT
To get involved in NFT trading, there is a most obvious and simplest way to buy and sell the NFTs. You have to visit a genuine application or a marketplace where NFTs are available for sale. Online, several marketplaces sell NFTs with somewhat different benefits or focus for such purposes. Our 3D virtual museum is also offering NFTs to customers. For the NFT trading on PLEDDUM, you must have a wallet that supports NFTs. You can trade NFTs by buying and selling them as described earlier on PLEDDUM; this process can be done with the help of a Metamask wallet.
Pros of NFT trading
- Highly efficient
- Artist royalties are improved
- Minimal costs of third-party
Cons of NFT trading
- Young technology
- Requirement of digital wallets
- Concerns related to the environment
How to buy NFTs?
To buy NFTs, first, you have to make a Metamask wallet from where you can buy NFTs on PLEDDUM. In your Metamask wallet, you must have ETH, BNB, or any other cryptocurrency. When your wallet is credited with any of these cryptocurrencies, you can bid on any NFTs available at PLEDDUM. Choose your favorite NFT, then place your bid, win the auction on PLEDDUM, and the NFT will be directly transferred to your Metamask wallet, or you can also store it on PLEDDUM. Now you are the owner of unique digital art or any item, and according to your taste, you are free to sell, keep or exchange the NFT. The NFT, which is on sale and you have bought it, will appear in your wallet, and the sale will be logged permanently on PLEDDUM after the sale is verified.
How to sell NFTs?
The metadata of each NFT is unique that can be viewed with ease on the distribution ledger anywhere for anyone in the world. Once the minting of NFT is done, you can pick the initial price for the sale of your own choice. You can program the royalties according to your choice, and whenever your work is sold, you will receive those royalties in your commission. You can promote your NFTs on social media or in personal blogs. Once your NFTs are listed for sale, any buyer interested in your artwork can easily bid on your work. If you accept the bid, the NFT will be transferred to the new owner, and records will be recorded publicly, and the identity of the new owner and details or history of this trade will be recorded on the PLEDDUM.
You can sell your NFT token in three ways that include “unlimited auction” with the help of this option, you allow the people to bid on your artwork or any NFT token until you select one. The “Fixed price” option gives an instant sell as you set the price and to whom that price suit will purchase it. The last option is ‘Timed auction” in this option, you select a specific time limit for an auction. Here on our 3D museum PLEDDUM, you can sell your artwork or NFT tokens by auction and earn a handsome amount.
Investing in NFT Virtual Museum
If you don’t want to be involved in NFT trading directly, but you wish to invest in the NFT, you can do it with the help of our PLEDDUM (virtual 3D museum). Here you can easily invest in NFT, a virtual presence in our museum. As PLEDDUM grows, token values used for transactions will also rise. As the value of the NFT token increases, the profit will ultimately increase by reselling that NFT token. So, this rise will benefit the investors.
Safe and Secure NFT storage
The safe and secure way of storing the artwork or NFT token is to store it in the place from where you have bought it, like any blockchain or virtual NFT museum. The PLEDDUM provides you with a secure and safe place for storing your digital assets, like collectibles, artworks, or anything that can be digitally purchased. When you store your NFT on the PLEDDUM, it guarantees the life of NFT that it will exist forever at our museum. Even if the platform is deleted from the internet and the creative team which created that artwork or project goes bankrupt, your belonging will be securely stored and still exist on PLEDDUM. You can also store your artwork on any other decentralized storage mechanism or blockchain, but this will affect your NFT’s “risk profile.”
With the help of Crowfunding, the entrepreneur gets the required resources from the small investors who are already willing to invest and provides ultimate goals to them of particular reward that will be received in the near future. Both the participants helped each other and get benefitted. The PLEDDUM will use the same procedure for their virtual museum. The profit that is provided to a small investor depends on the contribution made by him. Crowfunding is the ideal option for PLEDDUM as our museum has great potential and easily convinces supporters and investors. With the help of crowfunding, the PLEDDUM can raise a large amount of capital in a brief period; this just can be happened with the use of the proper presentation and promotion of the NFTs. There is not only a single person supporting the idea of PLEDDUM; it has many supporters who have faith in our concept.
There is also a great advantage of crowfunding: the multiple investments and donations will be received to PLEDDUM and diversified. As a result, the risk of loss will minimize and not be fatal for small investors and entrepreneurs.
How can you visit PLEDDUM?
You can easily visit PLEDDUM, our 3D virtual museum ready for the new virtual Metaverse world, on Website https://www.pleddum.com/ or 3D glasses. Our 3D virtual museum has a user-friendly interface that guides you on everything proficiently and provides you with new ways of investing and generating exceptional income.
Non-fungible token (NFT) is more or less distinctive and unique, and it cannot be replaced by anything else. The PLEDDUM aims to provide an opportunity to NFT artists to enlarge their arts to the crypto world. The PLEDDUM is a virtual NFT museum designed for the age of digital collectibles that is now easily accessible for visitors belonging to any place of the world. The PLEDDUM is powered to you by “Maloni,” where you can safely store or trade NFTs. NFT minting is a process that turns the digital files into a digital asset or crypto collectible on the Ethereum blockchain. To get involved in NFT trading, there is a most obvious and simplest way to buy and sell the NFTs. The PLEDDUM provides you with a secure and safe place for storing your digital assets, like collectibles, artworks, or anything that can be digitally purchased. When you store your NFT on the PLEDDUM, it guarantees the life of NFT that it will exist forever at our museum. Our 3D virtual museum has a user-friendly interface that guides you on everything proficiently and provides you with new ways of investing and generating exceptional income.
In the digital world of cryptocurrency, NFTs are “one-of-a-kind” assets that may be purchased and sold like every piece of property, but it has no physical form of their own. The digital tokens might be compared to ownership certificates for physical or virtual assets. It works with the Ethereum blockchain. It is risky, but it gives exceptional returns annually. The NFTs in 3D museums have given people a new way of thinking, and they love this idea and invest in 3D virtual NFT museums. The efficacy depends on your luck and how well you traded.