HOW TO SAVE TRANSACTION FEES WITH COINBASE PRO? – PART 1 You can follow this method, but I can show you a little trick that you can do. If you create a Coinbase account, you also have access to a Coinbase Pro account and go to a website called pro.coinbase.com It’s the same way. The only difference is that they charge you much less. It’s a bit more overwhelming and more upscale. But don’t worry…
HOW TO ACCESS AND RECHARGE YOUR METAMASK WALLET? – PART 1 We went through Metamask a bit. The next step is to show you how you can access Metamask easily. If you go to the top right corner you will see something like this little puzzle and if you look at the puzzle piece click on it. It will show you all the extensions you have installed. You may have seen this before, or this…
HOW TO SET UP AN ETHEREUM WALLET? – PART 6 In the world of Internet security, we often assume that anything that touches the Internet, anything connected to the Internet like a phone or computer can be compromised because the Internet is a very dangerous place. Anyone can hack into your computer, anyone can track everything you type, any document on your computer, and so on. With that in mind, nothing on your computer is…
HOW TO SET UP AN ETHEREUM WALLET? – PART 1 We have passed all kinds of abstractions. It’s time to get into the details of how we buy and sell NFTs. The first thing you need to do is get your own Ethereum wallet. What exactly is a wallet? The wallet is where you can store. Your Ethereum and NFT, that’s where you can store all the things you get on the Ethereum blockchain. The…
WHAT IS THE CONCEPT BEHIND CRYPTO PUNKS? – PART 1 Let’s talk about one of the earliest NFTs, CryptoPunks. You may have heard about CryptoPunks in the news. There are 10,000 randomly generated pixelated photos of supposed punks, but it’s hard to tell apart. If you look at one of these paintings, they’re not the perfect, stunning masterpieces of art. Then you hear that it was sold for $7.5 million. Dylan Field, the founder of…
HOW CAN BLOCKCHAIN GUARANTEE US A SCARCITY OF TOKENS? Let’s talk about how blockchain allows us to have a guaranteed trust that there are only 21 million scarce bitcoins in the world. We can now see that one of the core benefits of blockchain is creating scarcity for anything impossible in digital assets because anything in the digital world is can be copied. And so anyone can copy and paste anything, right? Blockchain is the…
WHY ARE NFTs POSSIBLE TODAY? – PART 1 Now, let’s dive into another question. Why are NFTs possible only today after the advent of blockchain technology? Why have we never had such scarce and obtainable things on the Internet before? That ultimately comes down to the essence of blockchain and why has blockchain become so fundamental and revolutionary for NFTs and beyond? So, after all, what is blockchain? In a very simple sense, you can…
WHY SHOULD WE TRUST NFTs? – PART 1 We understand that NFT is a very new technology and to be honest, at this moment in the world 99% of people are still skeptical. You may still be skeptical, but that’s okay! People were skeptical of every new technology when it first appeared and today we understand that the Internet is changing the world. It is groundbreaking. Now, billions of people are connected in ways never…
WHY IS ART SO VALUABLE? – PART 1 Let’s talk a little bit about why that is. Let me give you an example of an item I bought. Look, this is called Circumpolar. It is made by Digital Blasphemy. It was one of the earliest OG digital art. It is famous on the Internet for being arguably the most famous digital wallpaper you use on your desktop. When I was a ten-year-old kid, I downloaded…
HOW TO MASTER NFTs?You’ve heard of things like crypto kitties and so forth. If you’ve heard any of those terms, those are all NFTs. Maybe you’re curious why these things are selling for so much money. Why a Crypto Punk has gone for $7.5 million. Why the Bored Ape Yacht club, every single one goes for at least $200,000 these days? Maybe it’s overwhelming and you’re skeptical. Probably you want to get into it but…
