Beyond Digital Artwork: 5 NFT Uses

02 December 2022

When NFTs first entered the scene in 2015, the only foreseeable application was proving the sale of digital media. However, blockchain tech has evolved and developers have harnessed the tech behind NFTs and turned it into a valuable asset – continue reading to find out more.

Gaming Industry

Blockchain has entered the gaming industry using NFTs, which are sold as in-game assets to prove ownership. The decentralized gaming industry is exploding at the moment, with Metaverses and P2E projects coming to fruition by the month.

The most popular NFT games right now are:

Axie Infinity
Tamadoge
Decentraland

When players play an NFT game, they earn money for progression. In some cases, the characters evolve the NFT changes, which makes it more valuable. At any time, in-game NFTs can be sold in open markets like okx.com.

Real Estate

Making a sale in real estate typically involves mountains of paperwork and third parties, which slows down the progress and applications. Fortunately, thanks to smart contracts (responsible for NFTs), properties can be minted digitally and added to a real estate market, where assets can easily be sold and traded.

Digitizing property portfolios improves liquidity and opens up the market overseas. Because of the smart contract, payments can’t be released until all criteria are met, which eliminates the need for middlemen.

Product Authentication

When you’re buying rare or valuable products, it’s important to know that what you’re buying is authentic. Luckily, thanks to the power of blockchain technology, the entire history of a product can be tracked using an NFT.

As well as verifying expensive and rare items, NFT tech can be used to track items across the supply chain, which helps businesses guarantee the product they’re taking in is legitimate.

If you want to look at real-world uses for product authentication, you only need to look at the food and medication industries. Counterfeit food and medication is an enormous problem that costs companies billions.

Thanks to NFT tech, products can be loaded with a QR code that can be scanned at each point in the supply chain. Each of these changes is recorded on a blockchain ledger, making it impossible for edits to be made.

Academic Credentials

When applying for jobs, employers must go through lengthy processes to verify candidates’ previous achievements and work ethic. However, thanks to the power of NFTs, academic achievements can be recorded onto a blockchain.

Everything from qualifications to attendance can be recorded in a blockchain record of achievement, which can never be changed. In the future, the chances are that paper-based certificates will be a thing of the past.

Patents And IP

We’ve already well-established that NFTs allow proof of ownership over digital or physical assets. Naturally, this technology lends itself perfectly to securing patents and IP (intellectual property). If NFTs are used when a patent is secured, there are zero opportunities for disputes in the future.

There’s much more to NFTs than art sales. The smart contract technology, responsible for NFTs, means that anything that can be logged and needs to be proven will likely benefit from NFT tech.

Read Also:

Arnab

Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

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Notary Business – 5 Ways To Earn Extra Money

There are many ways to earn extra money. It could be from being a notary or even from other types of businesses. You can even do something as simple as officiating weddings. This article will tell you all about these different opportunities. Here Are Five Prime Ways To Earn Extra Money: 1. Signing Agents Notary Signing Agents help facilitate signings of real estate and loan closings. They are independent contractors. Their fees range from $75 to $200 per loan closing. If you are considering starting your own notary business, you need to determine the best way to make money. Most states have rules on notary fees, so it's important to know what the going rates are in your area. You might be interested to know that notaries can also make more money by specializing in different services. Some of these include providing courier services and performing field inspections. Notary jobs are an easy way to make money in your spare time. You can work in your own home or even travel to clients' offices. Whether you work on a regular basis or just for one client at a time, you can expect to make a decent salary. Many individuals and businesses benefit from having a commissioned notary on their payroll. The average notary earns $16,000 to $90,000 a year. However, the opportunity to start your own notary business can be overwhelming. Start your business by networking. Joining a local chamber of commerce is a good place to start. This will give you credibility. Be sure to attend ribbon-cutting ceremonies and trade events. It's also a great idea to take a notary training course. Whether you want to get certified to perform online notarizations or I-9 forms, you can find courses that will make you a competent signing agent. Starting your own notary business can be a lot of fun and exciting. You can make a lot of money and gain valuable real-life experience. Plus, a successful business is better than any extra job you can find. 2. Officiating Weddings Becoming a wedding officiant is an excellent side business to earn some extra money. Although weddings are generally confined to weekends, you can find work during the week. If you live in a popular area, you can be on the lookout for local couples and use word of mouth to promote your services. It's also a good idea to build up a website for your business. You'll want to research local laws to ensure your business is legal. For instance, some states require you to register with your county government and have a license to perform marriage ceremonies. The cost of this will vary depending on your geographic location and the number of guests at the ceremony. Your state will also require you to obtain a license to notarize. Some states do not specify the fee, while others require a minimum amount. In some cases, you may be required to pay for travel time. Becoming an officiant is usually a straightforward process, but you should be sure to check with your county clerk's office. Otherwise, you may be subject to hefty fines. You may want to consider attending ribbon cutting and other events where you can showcase your work. This will increase your credibility and help you get more business. A great way to market your wedding officiant service is to create a website. While it doesn't need to be a complex site, you should include your photo and videos of you performing a wedding. Consider joining a local chamber of commerce, as well. Another great idea is to attend wedding fairs. These events can be a good place to advertise your business and have the opportunity to meet and greet many brides and grooms. 3. Mobile Service If you want to make money on the road, a Notary business can be a great option. However, starting a mobile notary business can be a daunting task. You will need to consider many factors, such as vehicle maintenance, business expenses, insurance, and tax reporting. Mobile Notaries can work part or full-time. Some can earn up to $900 a month while others are making over $12,000 per month. Depending on your location and the type of clients you work with, your income can vary. Aside from working as a notary, you may also have the opportunity to perform other non-notary duties such as fingerprinting, courier services, field inspections, or escrow services. Be sure to follow all state laws regarding the use of a mobile notary service. You will need to apply for a license and register your business. The business may also require an employer identification number (EIN). Creating a personal website can be a great way to market your Notary business. You can also use social media to promote your service. Another great idea is to attend networking meetings and ribbon-cutting events. Getting involved in the local chamber of commerce adds credibility to your business. If you're considering a career as a notary, you will need to provide a high level of customer service. Developing a positive attitude is key to your success. The demand for mobile notaries is projected to rise through 2021. This means that you will have plenty of opportunities to earn extra income. However, you will need to be prepared to take on challenges along the way. In fact, one survey found that nearly two-thirds of full-time mobile Notaries earn between $2,000 and $4,000. Nearly thirty percent of part-time Notaries report earning more than $1,000 a month. 4. Chamber Of Commerce Getting involved in your local Chamber of Commerce is a good way to promote your notary business. You can reach potential clients by advertising on your member's websites or by submitting materials to their newsletter. Notaries are in demand, so getting involved with your chamber can be a great way to boost your business. The chamber's mission is to promote business and generate more business activity for your community. Notaries can network with other members of their chamber and other professionals in the community. Using social media to spread the word about your notary services is also a good idea. Notaries can get involved in leadership positions in their local Chamber of Commerce. In addition, volunteering can help you build your business and keep you connected to the community. Attending ribbon-cutting events and other business events is a good way to attract new clients. Networking events are also fun ways to meet new people. Building your referral base is a major factor in your success as a business owner. When you have contacts, you can provide quality service and encourage others to use you. Adding additional services to your notary business is a great way to increase revenue. Make sure your website and notary business are professional. A good website will provide an overview of your company's history and services. Be sure to take advantage of all available networking opportunities. These can include attending events, joining notary professional organizations, and contacting other businesses. Also, volunteer at local charities and schools. It is important to remember that a good attitude is key to your business' success. Start by creating a simple website. This can be done for less than $1,000. 5. Insurance Notary services are a great way to earn some extra money, and they can be very lucrative. The key is to offer a service that people need and make sure that they know about you. Aside from notary signs and signatures, there are many other ways to generate business. You can advertise your services, volunteer to be part of a local leadership group, and participate in networking events. While you’re at it, you should also set up a website. This is a great place to list all of your services and a good place to start. If you’re looking to grow your business, you should also look into SEO. With the right strategy, your site can appear closer to the top of search results for relevant terms. Taking the time to create a business plan will help you to understand the market better. Your plan should include an overview of your business, its target demographics, and how you will reach customers. For this, you can use automated ap processing, where you can enhance your company’s workflow and offer brilliant service and accuracy in managing accounts and payslips. Read Also: Need Some Help Saving Money As A Young Professional? Use Mycare To Learn How To Budget! 10 Ways To Earn Money From Your Mobile Device Craigslist Knoxville – 5 Money Scams To Consider

Easy Ways To Make Free Money Without Doing Much

Being in need of extra cash and not having the time to do something about it can put you in a pretty tough position. Luckily there are some things you can do to make free money without putting in much effort as well as save free money without even knowing it. Check out the tips below to grab that extras cash ASAP. Easy Ways To Make Free Money Without Doing Much: Fill out online surveys There are tons of websites out there that will pay you to take surveys or answer just a couple of questions. Some of these websites include Swagbucks Toluna Vivatic MySurvey YouGov Panel Opinion These surveys usually don’t take too long and definitely don’t take too much brainpower to complete. Check out one of these sites if you’re bored and make a few extra bucks in the process Sell your old clothes Everyone has clothes still hanging in their closet or folded in their drawers that they either forgot they had or haven’t worn in years. If this is the case, sell them! You can either physically bring them to a spot like Plato’s Closet where they’ll assess the value of your clothes or then hand you cash, or you can post them online. One great online clothing selling platform is Poshmark. All you have to do is upload a picture of your clothing item, answer a few questions, set a price, and wait for it to sell. Once it’s sold, Poshmark will provide you with a pre-paid shipping label so that all you have to do is pack the box and send it on its way. Sell your things So maybe you don’t have a ton of clothes you’re willing to sell. In that case, check out some of the old stuff you have hiding away in your basement or attic. As they say, one mans garbage is another man's treasure. Check out sites like eBay or LetGo for a platform with a huge audience. Sell your old gift cards Sites like GiftCash make it easy to check the balance of your gift cards and then sell them on their site. You can check any gift card balance from Abercrombie to a second cup gift card balance. This is a great way to make some quick cash if you’re not going to use the gift cards. Stop buying coffee If you’re tight for cash, you need to make those trips to Dunkin or Starbucks a treat rather than a necessity. Not that coffee is particularly expensive, but if it’s an everyday expense, it’s definitely adding up over time. Try cutting this down or out completely and watch your bank account grow slowly but surely. Cut back on subscriptions There’s going to be some things where you’re just not willing to budge, but do you really need Netflix, Hulu, and HBOGO? Maybe it’s time to pick and choose which subscriptions are really a priority for you. Or maybe you should stop watching TV altogether and get another job. Write online This might not be a gig for everyone, but you have any ability to write, it’s not too tough to find a job online. Websites like Upwork and Freelancer offer platforms for you to advertise yourself as a blog writer, article writer, or any other professional talents you may have. You can sell photography, design websites, or just about anything else you can think of through these sites, and get paid for it! When you’re in a pinch for free money, things can get pretty frustrating. No matter what though, there’s always something you can do about it. Even if you’re not working some fancy job, for the time being, there are totally ways to get that extra cash into your pocket. Sometimes you just have to think outside the box in order for it to work. Read More : Top Apps to Help You Manage Your Money. Substantial Tips On How To Invest Your Money Responsibly.

6 Tips on How to Pay Off Your Tax Debt

For the tax year 2015, the IRS reported that taxpayers filed 150.5 million individual income tax returns, which is an increase of 1.3 percent compared to the previous year. This yielded $10.4 trillion income for the said tax year and also a 4.5 percent increase from 2014. Here’s the thing: not everyone is able to file and pay taxes for the income earned. If you happen to be one of them, then you need to read this post to find out how you can pay off your tax debt and prevent penalties, possible jail time, and garnishment of your assets: 1. Know how much you owe : You can’t just pay any amount just to “lower” your tax debt. Paying the amount stated on the letter from IRS doesn’t automatically mean it reflects the actual tax debt since you could be eligible for a tax credit (or IRS could be wrong too). Therefore, find out first how much you actually owe for each tax year. This will give you a summary of your tax situation, thereby making it easier for you and your tax debt lawyers to come up with strategies that lower your debt. You can also use a tax calculator online to give you an idea of your total tax debt. 2. Consolidate the tax debt with your credit card : First things first, it is not advisable to pay off one debt using another debt. If you owe something especially taxes, then you might want to break this rule. IRS accepts all major credit cards like MasterCard or Visa to pay off your tax debt. Simply go to the payment page of the IRS to make a payment. Keep in mind that IRS doesn’t charge a fee for doing such transaction, although processing companies who process the payment charge up to as much as 2.35 percent. Nevertheless, make sure to pay your credit card in time. 3. Try refinancing your home : Why not? Believe it or not, the IRS could recommend re-financing depending on the situation. If you happen to have equity such as a house and you can afford it, then you can use your assets to pay off your existing tax debt. The good thing about this movie is that mortgage rates are typically lower compared to the rate charged by credit card companies. Also, you can take away home mortgage interest on your income tax return – and how can you say no to that? 4. Apply for Short-Term Extension to Pay : This is only applicable if you can pay your tax debt in 120 days or less. The good thing about this arrangement is that there is no set-up fee and you can apply either online by filling out the Online Payment Agreement application or by phone. Penalties and interest fees are likewise lower, so make sure you pay within the given period granted to you. 5. Enter into an installment agreement : Ideally, you would be able to pay off your tax debt at once. On the other hand, there are instances when you need a little more time to pay it off. In that case, consider entering into an installment agreement with the IRS. The good thing about installment agreement is that you can apply either online or by mail. You don’t have to worry about reminders and missed payments, especially if you sign up for the monthly payment plan. You can apply for the installment agreement if you owe $50,000 or less, which already includes combined individual income tax, interest, and penalties. When you apply for this, make sure that you filed all of your returns in order to qualify for this agreement. How does installment agreement work? A direct debit payment plan is highly recommended because of the lower cost, hassle-free payment, and the cost for a set-up fee is more affordable compared to other payment plans. What if you have more than $50,000 tax debt? In that case, the next tip would be your most feasible option. 6. Consider an Officer in Compromise : Also known as OIC, this strategy could also be helpful if you want to pay off your tax debt. Unlike the Installment Agreement, Officer in Compromise is more applicable for a larger amount of tax debt. How does this work? OIC will allow you to settle your tax debt for less than the full amount you actually owe. Filing of an income tax return and payment requirements must also be updated. Nonetheless, there are several factors IRS looks into before they agree to this kind of arrangement. This includes, but not limited to: Income Expenses Asset equity Ability to pay Aside from this, it is IRS who will determine whether you are qualified for OIC or not. If they see that they won’t be able to collect the entire amount within a reasonable time, then you could be qualified. Check out their website to determine whether you can be qualified for this or not. At the end of the day, it is important that you file and pay on time to avoid hassle come due date. In case there was a delay, take note of these tips and prevent the government from taking what was yours. Read Also : Eight Essential Tips For Getting Out Of Debt Are Debt Consolidation Loans Recommended For Credit Card Consolidation Dealing With A Debt Relief Officer For A Better Assistance

Beyond Digital Artwork: 5 NFT Uses

Gaming Industry

Real Estate

Product Authentication

Academic Credentials

Patents And IP

How To Find The Best GBP Savings Plan

What Will A Financial Retirement Plan Including Gold Look Like

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Arnab

Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

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Notary Business – 5 Ways To Earn Extra Money

Easy Ways To Make Free Money Without Doing Much

6 Tips on How to Pay Off Your Tax Debt

Beyond Digital Artwork: 5 NFT Uses

Gaming Industry

Real Estate

Product Authentication

Academic Credentials

Patents And IP

Share this Article

How To Find The Best GBP Savings Plan

What Will A Financial Retirement Plan Including Gold Look Like

Tags

Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

Leave a Reply Cancel reply

Popular

Follow Us

Recent

Related