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NFTproX is an innovative platform for buying and selling NFTs (Non-Fungible Tokens), which utilizes blockchain technology to provide investors with a new way to earn passive income. By combining NFT investing with cloud mining, NFTproX offers a unique investment opportunity for users looking to diversify their investment portfolio. In this comprehensive guide, well cover everything investors need to know about investing in NFT projects on NFTproX to maximize their return on investment.

NFTproX is a UK-based company that provides cloud mining and NFT investment services. Their unique investment model is based on smart contracts, ensuring transparency and security of all transactions. The combination of cloud mining and NFT investment aims to provide users with diversified investment opportunities and maximize investment returns.

Create an account: Users can quickly register and verify using the simple web interface provided by NFTproX. As a reward for new users, users will receive a $10 registration reward for investing in NFT projects and cloud mining contracts. In addition, NFTproX has an affiliate network where he can introduce partners and receive a commission of up to 5%.

NFT selection: After depositing funds into the account, investors can choose NFT projects for investment. The uniqueness, rarity, and potential growth potential of NFTs should be carefully considered before investing.

NFTproXs business model is simple: users make deposits like any bank and automatically receive dollars profits on the account every day.

NFTproX offers a variety of price packages options, such as $10, $100, $1500, and $6800 options, among others. Each gives a unique Return on Investment and has a particular contract period.

Due to the platforms daily payout of income, user may be sure that he will get paid every day. At the end of the contract period, user can immediately withdraw your balance or continue to invest. For every investment, NFTproX offers complete protection of the principal and profit.

Passive income: Investing in NFT projects on NFTproX offers users the opportunity to earn passive income by leasing out their NFTs on the platform.

Diversified Portfolio: Investing in NFT projects and cloud mining contracts allows users to diversify their investment portfolio and reduce their overall risk exposure.

High Growth Potential: Investing in NFT projects with high growth potential can provide a solid return on investment when later sold on NFTproX.

Ease of Management: NFTproXs user-friendly platform makes it easy for investors to manage their NFT investments and cloud mining contracts.

Cloud mining allows users to rent computing power from remote data centers to mine cryptocurrencies such as Bitcoin and Ethereum. By investing in cloud mining contracts, users can earn a portion of the profits without doing any mining themselves.

Choosing a Cloud Mining Provider: Users must choose a cloud mining provider carefully, making sure they are reputable and offer lucrative contracts.

Selecting an Investment Option: Users can then select the cloud mining investment option that best suits their investment goals and desired return on investment.

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Transfer your tokens to a cloud miner: After a user chooses an investment plan, they must transfer their staked tokens to a cloud miner to start the contract.

Manage your investment: After starting a cloud mining contract, users must regularly monitor their investment to ensure it is performing as expected.

Investors can obtain investment income through NFT investment and cloud mining contracts. The earning potential depends on various factors such as the rarity, uniqueness and growth potential of the NFT, as well as the hash rate and cryptocurrency mining difficulty of the cloud mining contract.

Cloud Mining Contracts: Cloud mining contracts are another source of investment income. Earning potential depends on factors such as the cloud mining contracts hash rate and cryptocurrency mining difficulty.

NFTproX offers cloud mining contracts with daily payouts, allowing investors to reinvest their earnings to maximize their investment returns.

NFTproX provides Novice experience package users can buy daily to earn profits. They can withdraw the entire balance once once have made $100.

Users can join NFTproXs affiliate program to earn lifetime referral rewards. Why is it a good idea to join an affiliate program on NFTproX? After registering for a website account, review all the perks on user account. Every user who refers new clients receives a lifetime 5% incentive from their NFTproX payments. Everything is transparent and secure.

NFTproX is a secure and trustworthy platform for NFT Cloud Mining and investment. NFTproX takes several measures to ensure the safety and security of its users, including Email authentication, SSL encryption, audits, and compliance with regulations.

On the platform, customer service is available round-the-clock. Expert professionals can always assist user and resolve any technical or financial problems. They can reach the company by email at info@nftprox.com.

Investing in NFT projects on NFTproX can be a lucrative way to earn passive income while diversifying ones investment portfolio. The combination of NFT investments and cloud mining provides users with a unique and efficient way to invest in the blockchain industry. To maximize their investment income, Investors should carefully select NFT projects and cloud mining providers, regularly monitor their investments, and stay abreast of market developments. While investment risks exist, the diverse investment opportunities on NFTproX offer enormous potential returns. So why not give it a try today on https://www.nftprox.com/?

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Cloud Mining and NFT Investments Earning Made Easy By NFTproX - Crypto News Flash

A Complete Guide: How to Mint NFT on Etherscan

Searching for a guide on how to use NFT on Etherscan? Look no further.

NFTs have gained immense popularity, representing one-of-a-kind digital assets on Ethereum. Minting an NFT involves creating a special token for artwork, music, or collectibles.

In this guide, we will walk you through the process of minting an NFT on Etherscan, one of the most popular block explorers on the Ethereum network.

Before we dive into the specifics of minting an NFT on Etherscan, its important to understand the basic process of creating and minting NFTs.

First, at a high level, minting an NFT involves three key components:

Smart contracts are self-executing contracts, with the terms of the agreement between buyer and seller being directly written into lines of code.

In the context of NFTs, a smart contract defines the rules and properties of your NFT, including its name, symbol, and other metadata. Once you have created your smart contract, you can then define the details of your NFT, such as its image, description, and other attributes. Finally, you can mint your unique token, which creates a record of ownership on the Ethereum blockchain.

Before you can begin minting an NFT on Etherscan, you must set up a Metamask wallet and connect to the Web3 network. Metamask is a popular Ethereum wallet that allows you to store and manage digital assets and interact with decentralized applications (dApps) on the Ethereum network.

To get started, visit the Metamask website. Then download the wallet for your preferred browser. Once you have installed the wallet, you can then connect to the Web3 network by clicking on the Connect to Web3 button in the wallet interface. This will allow you to interact with dApps on the Ethereum network and complete transactions using your Ether balance.

Once you have set up your Metamask wallet and connected to the Web3 network, you must choose an NFT marketplace to list your NFT for sale. One of the most popular marketplaces for NFTs is Opensea, which allows you to buy, sell, and discover unique digital assets on the Ethereum blockchain.

To get started with Opensea, visit the website and create an account. Once you have signed up, you can browse the marketplace to discover NFTs or create your own NFT project.

To create your own NFT project on Etherscan, you must first navigate to the Contracts tab on the Etherscan website. From here, you can click on the Write Contract button to create a new smart contract.

Once you have entered the required details for your smart contract, you can then define the properties of your NFT, such as its name, symbol, and other metadata. You can also upload an image or other digital asset to represent your NFT and define any other attributes or details you want to include.

Once you have created your smart contract and defined the details of your NFT, you can then mint your unique token on Etherscan. To do this, navigate to the Contract tab on the Etherscan website and find the address of your smart contract.

From here, you can click the Write Contract button and select the Mint function from the list of available options. You will then need to enter the required details for your NFT, such as the ID and quantity, before submitting the transaction.

In the details section of your NFT, you can add more information about your digital asset. This can include a description of the artwork, its story, or any other relevant details. You can also add links to your social media accounts, website, or other platforms where fans can follow you and your work.

Having a detailed description and information about your NFT can help attract potential buyers. Thus, making your digital asset stand out in a crowded marketplace.

One important aspect of minting an NFT on Etherscan is understanding and paying for gas fees. Gas fees are the fees paid to miners on the Ethereum network to process transactions. They vary depending on network congestion and other factors.

When you mint an NFT on Etherscan, you must pay a gas fee to complete the transaction. To do this, you must have a sufficient balance of ether in your Metamask wallet. To process your transaction efficiently, set the gas price and limit accordingly.

Before you deploy your smart contract and mint your NFT, its a good idea to test your contract to ensure that it works. Etherscan provides a testing environment where you can simulate transactions and interactions with your smart contract to identify any potential issues or bugs.

After testing and confirming your smart contract, deploy it to the Ethereum mainnet for NFT minting.

Once youve minted your NFT on Etherscan, take a moment to review your smart contract for any necessary adjustments. This includes verifying that your NFT has been minted correctly and that all of the details and properties are accurate.

Ensure the security of your NFT and smart contract by reviewing the code for any vulnerabilities.

Furthermore, following these steps, you can easily create and sell your unique digital assets on the Ethereum blockchain using Etherscan.

As the popularity of NFTs grows, we can expect to see new and innovative use cases for these digital assets. Artists, musicians, and collectors can showcase their work by minting NFTs on Etherscan.

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How to Mint NFT on Etherscan? - Watcher Guru

A recent report from The Influencers Club suggests that the creator economy was worth over $100 billion in 2022 and continues growing. Recent trends appear to back this up, with YouTube expanding to Shorts, TikToks launch of Pulse and Facebook pushing content with Reels.

The creator economy is expanding in other ways too, with the use of artificial intelligence tools like ChatGPT and DALL-E to generate content, the rise of live streaming platforms like Twitch and growing interest in podcasting.

However, creators face a number of challenges that will likely become more severe as the economy grows. One of the major problems is that creators often find themselves locked in centralized platforms such as Instagram and YouTube, held hostage by algorithms that determine the reach of their content. Meanwhile, the vast majority of creators struggle to generate much income from their work.

With the emergence of Web3 technologies like cryptocurrency and non-fungible tokens, creators have an opportunity to break free of their reliance on centralized platforms, gain full control of the content they create and establish direct relationships with their fans.

The creator economy owes its existence to the Web2 era. Web2 saw the rise of platforms like Facebook, TikTok and Instagram, the concepts of blog posts and podcasts, giving people a way to generate their own content. With Web3, creators now have a fairer ecosystem that allows them to become masters of their own destinies.

The advantage of Web3 is that it grants users ownership of their data. Creators will be able to treat their data as their own personal property and be paid for whatever content they create, and others consume. We have already seen NFTs used to record who owns a digital artwork, and user data can be tracked and traced in the same way.

Existing projects have already made this possible. A good example is the tokenized Web3 advertising platform Permission, which connects consumers with brands. With Permission, users can earn cryptocurrency as a reward for sharing their data and engaging with brands. A similar idea is Ocean Protocol, which is a marketplace where individuals can sell their data as an NFT. In addition, Zedoshis an app that pays users to watch advertisements.

In Web3, artists, musicians, video bloggers and other content creators wont need to rely on traditional platforms such as Facebook and Instagram, or try to attract brands to sponsor their content. Instead, theyll be able to distribute their content through decentralized, user-owned platforms.

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Web3 will see the rise of decentralized social media platforms such as Taki,where all of the platforms users have a stake in the network and can earn rewards for sharing, liking and commenting on content. Decentralized platforms will be democratic and inclusive, and allow anyone to monetize their work directly. Creators can therefore be more selective about which brands they choose to work with, leading to better quality advertising.

The Web3 creator economy will also enable closer relationships between influencers and their fans and new funding opportunities. For instance, Snapmuse.iois pushing the concept of NFTs that allow fans to partner with their favorite creators. They can acquire NFTs with a portion of the influencers ad revenue. The goal is to foster a bigger community and get broader engagement through the new partnerships.

In Web2, Amazon, Google and Apple emerged as the new middlemen, taking big cuts of each sale through their online stores. The same goes for Facebook and Instagram, which take most of the advertising revenues generated by creators content for themselves.

That can change with Web3, and indeed it already has. Their largest NFT marketplace is OpenSea, which takes a 0% transaction fee from each sale. Each transaction is transparent, creating a public record of the NFTs value and provenance.

Instead of posting a video on Facebook and losing the rights to that content the moment it has been uploaded, creators will be able to mint NFTs that establish that they are the owner of that video. Alternatively, creators would be able to sell those NFTs directly, transferring ownership to the buyer.

One forward-thinking project capitalizing on this is GenZeroes, the worlds first NFT-powered video and comic book series. Its funded by the sale of NFTs to fans, who gain exclusive access to new episodes and the chance to have a say in what will happen in the second season.

Smart contracts ensure timely payments as they eliminate the middleman, meaning creators will receive their revenue share the moment it has been paid. As Web2 platforms begin to disappear, smart contracts and NFTs will emerge as the new standard, with a record of ownership for every piece of content posted onto immutable public blockchains.

With NFTs, artists will be able to keep track of the value of their older creations and continue to monetize them through royalties. Under the old system, if an artist sold a painting for $10,000 and it was later sold again for $5 million, the artist would not receive anything more, with the dealer pocketing the difference. That wont happen with NFTs, as the artists can create a smart contract that ensures they will receive a percentage of any future sale.

Most will agree that content creators deserve full recognition and value for their work, and that is precisely what Web3 will provide. One of the greatest benefits of technology is democratization, putting advanced capabilities into the hands of consumers.

Web3 is the next evolution of this paradigm, and it will be a game changer for creators, giving them unprecedented control over their content. No longer will they need to rely on platforms like YouTube to monetize their work. Theyll have direct ownership of their work along with direct access to their fans.

Tomer Warschauer Nuni is CBDO @Kryptomon, a serial entrepreneur, advisor, and investor focused on the innovative blockchain & Web3 industry.

This article was published through Cointelegraph Innovation Circle, a vetted organization of senior executives and experts in the blockchain technology industry who are building the future through the power of connections, collaboration and thought leadership. Opinions expressed do not necessarily reflect those of Cointelegraph.

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What's next for NFTs and Web3 in the age of the creator economy? - Cointelegraph

Terra Classic new project DFLunc, gaining popularity for its massive LUNC burn mechanism, has burned almost 2 billion LUNC tokens in two weeks. The DeFi protocol was launched in April to deflate LUNC circulating supply more rapidly by burning billions of tokens. With the massive LUNC burn by the protocol, the total LUNC burn surpassed 57.8 billion.

Binance burned 1.27 billion LUNC as part of its monthly LUNC burn mechanism on May 1. Until now, Binance has burned 31.83 billion LUNC tokens.

DFLunc on May 12 shared on Twitter that it has burned over 1.6 billion LUNC, overtaking Binances 1.27 LUNC burn. The Terra Classic community burned almost 2 billion LUNC through DFLunc Protocol as it begins to attract attention. The DeFi protocol consists of multiple smart contracts to deflate LUNC supply through a continuous burn mechanism.

DFLunc Protocol is also a validator for Terra Classic that allows users to mint its DFC token only by burning LUNC tokens. It utilizes two smart contracts based on CosmWasm DFLunc and CW20-DFC. Users burn LUNC by paying USTC as protocol fees to mint DFC tokens. Staking more through the validator burns more LUNC by the DeFi protocol.

The protocol has divided its plan into different stages that ultimately aimed toward the growth of its validator on the Terra Classic chain.

As per the transactions seen by CoinGape Media, the protocol is still burning LUNC through its contact address. The total burn by the community has now reached 57.8 billion LUNC tokens.

Also Read: Bitcoin (BTC) Price At Inflection Point, Big Move Happening In Cardano (ADA)

Terra Classic core developerJoint L1 Task Force (L1TF)prepares for v2.0.1 Upgrade as the community successfully passed Proposal 11511. The Terra Classic blockchain will halt at block 12,812,900, estimated on May 17 at 17:11 UTC. It is followed by the Cosmwasm 1.1.0 Parity upgrade on May 31.

As GoinGape earlier reported, the upgrade includes several critical features such as a minimum initial deposit for governance proposals that will prevent spam, upgraded Cosmos SDK and Tendermint, and enhanced code maintainability.

LUNC price jumped 1% in the last 24 hours, with the price currently trading at $0.000090. The 24-hour low and high are $0.000088 and $0.000091, respectively. Furthermore, the trading volume has increased significantly in the last 24 hours, indicating a rise in interest among traders.

Also Read: Binance Adds New PEPE, SUI Margin Pairs; Popular Analyst Predicts Another Rally

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Terra Classic Project Burns 2 Billion LUNC Tokens, Overtaking ... - CoinGape

MIT researchers have discovered that machine-learning models mimicking human decision-making often make harsher judgements than humans, due to being trained on the wrong data. Models should be trained on normative data (labelled by humans for rule defiance), but are typically trained using descriptive data (factual features labelled by humans), leading to over-prediction of rule violations. This inaccuracy can have serious real-world consequences, such as stricter judgements in bail or sentencing decisions. The study highlights the importance of matching training context to deployment context for rule violation detection models and suggests that dataset transparency and transfer learning could help mitigate the problem.

A separate study involving 6,000 US adults examined views on AI judges, revealing that while AI judges were perceived as less fair than human judges, the gap could be partially offset by increasing the AI judges interpretability and ability to provide a hearing. Human judges received an average procedural fairness score of 4.4 on a 7-point scale, while AI judges scored slightly below 4. However, when an AI-led proceeding offered a hearing and rendered interpretable decisions, it was seen as fair as a human-led proceeding without a hearing and uninterpretable decisions.

Who should define the Ethics of Artificial Intelligence?

Ethics for AI is a controversial topic, to say the least. Who should define its code? Even more.

As AI tools like ChatGPT demonstrate higher accuracy in certain domains, such as tumor classification, and pass legal reasoner tests like Minnesota Law School exams, the human-AI fairness gap may continue to narrow. In some cases, advanced AI decisions are seen as fairer than human judicial decisions, suggesting that future AI judging developments might result in AI proceedings being generally perceived as fairer than human proceedings.

AI-driven legal services are gaining traction, with platforms like LegalZoom providing consumer-level automated legal services. AI has the potential to reduce human bias, emotion, and error in legal settings, addressing the access-to-justice gap experienced by low-income Americans. University of Toronto Professor Gillian K. Hadfield states that AI reduces cost and helps address the access to justice crisis. However, she also acknowledges that more work is needed before AI becomes common in courthouses due to the laws intolerance for technical errors.

Blockchain technology is also making its way into legal services. Public blockchains offer transparency, trust, and tamper-free ledgers, with strengths like traceability and decentralization complementing AI to generate trust and provide valuable information about origin and history. Smart contracts are expected to play a role in the evolving legal system, with many commercial contracts likely to be written as smart contracts in the near future. 2Decentralized justice systems, such as Kleros, use blockchain-based arbitration solutions with smart contracts and crowdsourced jurors.

Improving dataset transparency is one way to address the problem of harsh AI judgements. If researchers know how data were gathered, they can ensure the data are used appropriately. Another possible strategy is transfer learning fine-tuning a descriptively trained model on a small amount of normative data. This approach, as well as exploring real-world contexts like medical diagnosis, financial auditing, and legal judgments, could help researchers ensure that AI models accurately capture human decision-making and avoid negative consequences.

In conclusion, AI models making harsher judgements on rule violations due to descriptive training data instead of normative data can have real-world implications, such as stricter judicial sentences and potential negative impacts. Researchers suggest improving dataset transparency, matching training context to deployment context, and exploring real-world applications to ensure AI models accurately replicate human decision-making.

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Harsh AI judgements: The impact of training data - Innovation Origins