Ever wake up one morning and think to yourself:
“Jeepers self, if only I could understand what the heck is all this NFT stuff about, and is it something that could be useful or (gasp!) dare I say, profitable, for me, waaay in the future?”
If so you’re definitely not alone – NFTs already figure heavily in some markets, and with the advent of the Metaverse, they’ll only become ‘way more popular.
That’s why you’ll love the following (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):
hackernoon.com/nfts-in-a-nutshell-the-beginners-guide-to-becoming-an-nft-degenerate
There, you’ll discover goodies like:
“NFT stands for Non-Fungible Token. Just like other tokens in the digital world, NFTs are assets that can be bought, sold, held, and used. The non-fungible part refers to the fact that they are non-interchangeable; they cannot be exchanged for an identical item of the same value. In this way, NFTs carry value in their uniqueness.
These assets live on the blockchain, and as we’ve discussed before, this technology records and stores information on a distributed ledger. In this case, the transaction of the NFT sale and ownership of said item is kept on the blockchain — establishing the person holding the NFT as the sole, true owner of it…..”
and
“…Think about the ways collectibles have operated in the tangible world over the years — maybe imagine someone you know who is a big collector of something. Pokemon cards? Beanie Babies? Warhols?
Sometimes it’s a small hobby, and other times it’s a big part of their life or work. The items they collect may have a personal significance for the owner, or perhaps it’s purely an aesthetic choice or flex. Often, these collectibles are worth money or have accrued value over time. Their value is derived from a combination of scarcity and demand. This works the same in the NFT world, too.
Perhaps the monetary value doesn’t really matter as much to the owner, but the artist, creator or story behind that particular thing is where they derive meaning. The community surrounding it could present the greatest inherent value of all…..”
and more!
Getting a handle on beginners NFTs is a topic that could make for a grand challenge, cheatsheet, tutorial and more. You could structure it like so:
Step 1.) Look First for General Beginners NFT Tutorials
Need help with that? Consider:
beincrypto.com/learn/how-to-make-an-nft/
momentranks.com/blog/what-are-nfts-nfts-explained-for-beginners
www.minters.art/blog/how-to-create-sell-and-buy-nfts-ultimate-guide
www.fool.com/investing/stock-market/market-sectors/financials/non-fungible-tokens/how-to-buy-nft/
www.creativebloq.com/how-to/make-and-sell-an-NFT
Next, move to:
Step 2.) Grab Some Excellent NFT Visual Tutorials
Need resources for that? Check out:
www.youtube.com/watch?v=YBTdDfRmcrI
www.youtube.com/watch?v=4se4_ZqkcKw
www.youtube.com/watch?v=rOo3-WoaPE4
www.youtube.com/watch?v=Oz9zw7-_vhM
www.youtube.com/watch?v=a8ww4aNlPQU
Finally, move to:
Step 3.) See How NFTs Might Factor Into Your Future Profit Generation, and Make It So!
Need ideas for that? Consider:
petapixel.com/2021/11/24/how-to-create-and-sell-nfts-for-free/
www.coindesk.com/learn/5-ways-to-earn-passive-income-from-nfts/
medium.com/writers-blokke/how-to-make-money-flipping-nfts-852a24ea4569
www.gobankingrates.com/investing/crypto/what-are-nft-games/
www.lendacademy.com/so-you-want-to-make-money-on-nfts-heres-how-to-build-your-own/
And just because it’s the Latest Thing Since p90X:
BONUS: Lessen The Chances of You Getting Scammed in the NFT Niche
Always a good idea! Some helpful articles include:
www.digitalmusicnews.com/2021/11/21/are-nfts-a-scam/
www.antivirus.com/2021/12/11/top-5-nft-scams-how-to-avoid-them/
www.itechpost.com/articles/108247/20211211/nft-scams-5-popular-warning-signs-avoid.htm
nftevening.com/nft-scam-using-nfttrader-links-is-rife-on-social-media-this-is-how-to-avoid-it/
cyberbump.net/10-common-nft-scams-how-to-stay-safe/
Good stuff!
Your takeaway?
NFTs could have a huge profit potential for you in the future….
Why not take advantage of that today?
Enjoy!
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