HOW TO BUY AND SELL NFTs ON POLYGON First, let’s go to OpenSea, which is the largest marketplace for all NFTs and a marketplace for both Ethereum-based on-chain NFTs and also polygonal NFTs. If I go to my profile here, we can see a lot of different NFTs that have been bought and sold. For three years, I have never listed on NFT for sale. I have never sold any NFTs. First, I’ll show you…
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…
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…
Okay, so this point you might, you might be convinced on NFTs, you might just be keeping an open mind. Either way, thank you for coming this far. And now let’s dive into another question. Why are NFTs possible only today after the advent of blockchain technology? why have we never been able to have things that are scarce, that are ownable on the internet before? And ultimately that comes down to the nature of…
Okay, so we understand that NFTs are very new technology and honestly, at this point in the world, 99% percent of people are still skeptical. You might still be skeptical, that’s okay! What we’re here to tell you, is that people have been skeptical about every single new technology. People are skeptical about literally every single new technology when it first comes out. Now, today we understand the internet is world-changing. It’s groundbreaking. Billions of…
Why is the original worth so much more than a replica?And ultimately, it comes out to the same reason why NFTs have value today when we can say you own, the original digital Mona Lisa versus own a replica, you own just say right-click saved version of that Mona Lisa. And so why does that art have that much value? Let’s dive into that a little bit more. Why art is so valuable?So let’s talk…
Token represents a lot of things on the blockchain and so in the very early days of blockchain technology, and this is talking about things that are made with cryptocurrencies. The first tokens on blockchains were just basically currencies, similar to the US dollars. So we had things like bitcoin. We had things like Ethereum. Now Ethereum and bitcoin are all perfectly fungible. No one cares if you have one bitcoin or another bitcoin. They’re…
