Famous rapper and NFT enthusiast Tory Lanez recently released her new album When It’s Dark as an NFT named Tory Lanez NFT. Each album is minted with a one-of-a-kind token that provides a record of ownership for each person who owns the NFT. If you are interested in NFT trading and want to know where to buy Tory Lanez NFT then read on and find out.
What is Tory Lanez NFT?
Tory Lanez NFT or non-fungible token represents the album of this famous rapper as a digital asset registered in a chain of blocks, which guarantees that none of the tokens can be copied, substituted or subdivided. Each token is essentially the digital property of the album based on blockchain and smart contracts. What is so unique about this NFT is that it is the first music streaming NFT. Once released, it sold millions of copies in 60 seconds.
Where to buy Tory Lanez NFT? The best NFT marketplace
When trading cryptocurrencies and NFTs, finding the right place to place your trade is probably one of the most important preconditions for a successful trade. And while NFTs are relatively new to the world of cryptocurrencies, there is no doubt that they have piqued the interest of many investors, collectors, artists, gamers, and more. These are the best markets where you can buy NFTs:
- Binance,
- Crypto.com,
- OpenSea,
- eToro,
- Nifty Gateway,
- Axie,
- Mintable.
Best Place To Buy Tory Lanez NFT
The best place to buy Tory Lanez NFT is the E-NFT marketplace, the platform it was initially launched on. Here you can buy Tory Lanez NFT with credit/debit card, bank transfer, ACH or with some cryptocurrency. To purchase this NFT, you must first open an E-NFT account.
Also, you will need to have your crypto wallet. As you may know, the most widely used cryptocurrency for NFTs is Ethereum (ETH), so if you want to buy Tory Lanez NFTs with ETH, you will need to have ETH in your wallet. Please note that when buying NFTs with ETH, in addition to transaction fees, you will also be charged gas fees. Gas fees will vary based on current traffic and volume on the Ethereum network.
Before You Buy Tory Lanez NFT, Find Out About Its Price Prediction
If you go to the E-NFT marketplace, you will see that the current bid prices range from $1 to $60,000. However, if you enter an OpenSea market, you will see that the current minimum price is 0.002 ETH or $6, while the volume traded is 0.04 ETH or $120. Still, making a NFT price forecast is quite difficult as the price mostly depends on the demand and more importantly the community trust in the whole project.
Since the artist himself is active in the NFT world and is quite involved in the community, there is no reason to doubt the strong community of the project. What makes this token so valuable and possibly really lucrative in the future is its rarity or originality. It is the first album that became an NFT. There is a reasonable doubt that this token will one day cost a lot of money.
How to Invest in Tory Lanez NFT?
If you are thinking of investing in Tory Lanez NFT with Ethereum, you can do so through the eToro platform. Here you can buy your ETH and buy your own Tory Lanez NTF later. With that in mind, here is a detailed guide on how to buy NFTs using an eToro platform.
Step 1 – First, You Need to Open an eToro Account
Go to eToro.com and in the top right corner, click on the login icon. A new window will open asking for your username and password, but there will be a login icon below it. Another window will open asking for your information, such as an email address, username, and password. Click create an account and you’re done.
Step 2: Verify Your eToro Account and Deposit Money
Verification on eToro is easy and fast. All you have to do is prove your identity, address, and phone number. This is both for your safety and the safety of others in the marketplace. You will need to share personal documents with eToro, such as date of birth, photo, and identification. The next step is to deposit money into your account. This deposit can be as little as $10. You can make this payment with a credit/debit card and bank transfers, or you can use some of the e-wallets like PayPal, Skrill and Neteller.
Step 3: Buy Your Own Ethereum
Go to the search bar and type ETH or Ethereum. The list of all available ETH will appear. Find the option you prefer the most and click trade. Once you click the “trade” button, another box will appear asking you to provide the desired number (minimum is $10). Write the amount you are willing to buy, click the “open trade” button and you’re done.
Step 4 – Download a Metamask Wallet And Connect it with eToro
The next step is to go to MetaMask and download a wallet. This Crypto wallet acts as a gateway to decentralized finance (DeFi) and NFTs. The next step is to connect your wallet to eToro and send your ETH to that wallet.
Step 5 – Connect Your Wallet to the NFT Marketplace
Go to the NFT marketplace and search for the NFT you want, such as OpenSea. Click the wallet icon, search for MetaMask and click connect. The process will be done in a couple of seconds and you will be able to make the exchange you want.
Should I Invest in Tory Lanez NFT? What is The Best NFT to Buy in 2022?
Investing in NFTs is still new and confusing for many cryptocurrency investors and enthusiasts. But the community that offers NFTs is growing every day, and more and more artists, gamers and other personalities have started to invest and create their own NFTs. As we mentioned, the value of Tory Lanez NFT lies in its rarity and originality, and even though the price isn’t that great right now, that doesn’t mean it won’t be one day.
However, if you want to invest in the most promising NFT of 2022 that is on the rise, then your best bet is Lucky Block’s new collection of NFTs. Lucky Block is a global crypto lottery platform based on blockchain protocols.
The platform has launched its first NFTs called The Platinum Rollers Club. This limited edition collection of 10,000 NFTs is available on the NFT Launchpad marketplace, and all you need is 3.78 WBNBs. Here is a step by step guide on how to purchase The Platinum Rollers Club NFT Collection:
- Step 1. Go to your MetaMask wallet and set Binance Smart Chain as the default network: open the wallet, click on the wallet icon and mark Binance Smart Chain Network as your default network.
- Step 2. Get WBNB – Your next step is to exchange the cryptocurrencies you have in your wallet with a WBNB. Be sure to leave a small amount of BNB for the gas fee.
- Step 3. Connect the wallet with the marketplace: go to your browser and type nftlaunchpad.com. Once the page is open, go to the wallet button and connect your wallet with the marketplace.
- Step 4. Click the Browse button and search for Platinum Roller.
- Step 5. Click buy now.
Please note that you will not be able to see the image of the NFT you are purchasing during the checkout process itself. The NFT will appear once the transaction is complete. But you will see a cover image that hides the actual NFT you purchased. You won’t be able to find out what NFT you got until the transaction is complete as the whole thing is like roulette.
Are NFTs Good Investments?
Many people enjoy the world of NFTs and for now it is a great way to learn more about the crypto world and the metaverse. Whether you’re buying an NFT of your favorite game or artist, most people today do it for fun or out of personal affinities towards certain things. It’s a whole new world of enthusiastic collectors seeing the true potential of NFTs. On the other hand, many investors are making real money trading NFTs, and many of them see the future in NFTs.
