Category: 14.Beginner’s Guide to NFTs

Have you bought your first non-fungible token (NFT)? Or maybe you’re still on the fence but are open to buying one or two (or four hundred) NFTs? Whether you’re just planning to soothe a FOMO or you plan to make a career out of buying NFTs, here are 5 tips to help maximize your NFT…

Think you’re ready to buy your first NFTs? Not if you’ve skipped the basics of what non-fungible tokens are and the potential risks of buying and owning one! If you’ve read up on your NFT 101 AND you’re sure that you’re not running on FOMO, then lemme give you the step-by-step process on how to buy…

If you’ve decided that it’s worth buying or minting NFTs, then it’s time to look for legit places where you can do so. Don’t just go blindly buying some “promising NFT with enormous profit potential” from a “fintech guy” on a Discord group! There are two kinds of marketplaces for NFTs: As the name suggests,…

Now if NFTs are so cool, you’ve probably thought of creating (or “minting“) one yourself. After all, you can technically put just about anything into an NFT if you wanted. All you have to do is store data on a digital ledger and the world is your oyster, right? What if you could pull off…

 the previous lessons, you’ve learned what an NFT is, a very brief history about them, and how they’re used. This brings us to the million-dollar (or is it billion-dollar?) question: Should you buy NFTs? The short answer is: It depends on whether you see value in it or not. Now the concept of value, of course, is…

How did NFTs come into existence and who started it all? Well, it depends on who you ask. Some trace its beginnings to Colored Coins way back in 2012, even before the term NFT was – well – coined. Colored Coins represented small denominations of bitcoin, with the goal of adding metadata to transactions. However, this turned…

A unique and programmable token that can irrefutably establish digital ownership? ERRBODY got time fo dat! NFTs’ popularity may have started with animal illustrations and pixelated avatars but users quickly found other popular use cases. Art By tokenizing an art product on a blockchain, artists can “sign” their work to prove that they own it.…

In the previous lesson, you learned what an NFT is That NFTs, by definition, are NOT identical nor interchangeable with anything else. In other words, one of the defining characteristics of NFTs is that they are unique. What do I mean by unique? For example, there is only one Mona Lisa.  There may be several replicas and…

In the dark old days before blockchain technology existed, it was hard for people to verify the authenticity of any unique asset they own without the help of an intermediary or trusted third party. Physical assets like ID cards and concert tickets could be forged, while goods like luxury bags and olive oil seem to be counterfeited on a…