Welcome to the NFT Bootcamp Part 1, where you will learn the fundamentals of NFT’s. Whether just trying to figure it out or are exploding with new NFT ideas, you are not alone. This is a fast-moving, emerging area with hundreds of millions trading. However, in the crypto winter of 2022, many things have changed. …
Here are the most common misconceptions that beginners have about NFTs and the reality. 1. Misconception: The full agreement between the seller and buyer is recorded on the blockchain The contract – or agreement – between the buyer and creator can include all kinds of interesting elements such as future free drops, utility, additional licencing, physical …
So how exactly is NFT value created? The law of supply and demand is operative here, and in the unique world of NFTs during the crypto winter of 2022, there are on three traits successful projects must have: A strong concept, the right collaborators and a vibrant community. The underpinning, however, of value when no …
NFT Bootcamp Module 3: Provenance, culture, utility and value creation Read More »
This post will you through everything you need to know to create your first collection (or just an NFT) on OpenSea from a technical standpoint. The technical end is actually the simplest part but there are still a few things to know. A. Create a profile Click on your icon top right to complete the …
NFT Bootcamp module 4: How to create an NFT project on OpenSea Read More »
Bitcoin was the original cryptocurrency invented in 2008 by parties unknown; whomever it is using the name Satoshi Nakamoto. While blockchain is the underlying technology Satoshi Nakamoto used to create Bitcoin, the technology itself was actually invented in 1991 by Stuart Haber and W. Scott Stornetta. Their first work involved working on a cryptographically …
Blockchain Fundamentals Module 1: History of the technology Read More »
So what do customers look for when assessing price and value as an investment from a strictly financial perspective? For investors paying large amounts, anything 1 ETH or more, while it looks like random gambling, they do use analysis. We interviewed a few active NFT traders and while they have different strategies there are a …
NFT Bootcamp Module 5: Inside the mind of an NFT trader Read More »
Ethereum was not only the first layer one blockchain to encourage other developers to build on top of it, but its founding team also created seven important innovations used by many other blockchains today. Many more have been invented by developers who use Ethereum blockchain, but these are the most important foundational innovations without which …
Blockchain Fundamentals Module 1 extra: Ethereum’s contributions to the industry Read More »
The music NFT market exploded in 2021 and is still growing, peaking at $27 million in primary sales in October, 2021. Waterandmusic lists 50+ music NFT platforms in its database. This comparison looks at a selection of 8 niche NFT exchanges aimed specifically at the music market with the criteria that they either utilize an …
NFT Bootcamp extra: NFT Music Exchange Comparison Read More »
Participants in almost any part of the tokenized economy built with blockchain technology will need to have a wallet to receive and transfer value – whether swapping, trading, depositing, sending, or mining coins and tokens. Wallets however are also an Achilles heel of this emerging sector. Different blockchains, or networks, may require a different wallet …
Blockchain Fundamentals Module 2: Understanding wallets & exchanges Read More »
There are hundreds of options for selecting a marketplace for your NFT. This research report looks at a group of well-known marketplaces, and is more of a spot-check comparison rather than a definitive study, as marketplaces form daily and the industry evolves at equal speed; what is true today may not be true tomorrow. …
Here are some top questions from the NFT Promotions Q&A with Lewna T. during 2/2022; 1. Question: How do you solve the technical aspects of your project? Answer: There is a variety of platforms for turnkey NFT creation. For FooCuties, Lewna Tsuki used one supplied by XRP that walked her through the process of …
Most analysts rank the international market for cryptocurrency based on total capitalization, which puts North America, Europe at the top of the chart. However, the United States, a wealthy and populous country, skews the actual level of commitment to and engagement in cryptocurrencies in other parts of the world. Looking at the share of total …
A great way to learn and collaborate is to share. This one of Web3Collab’s first sharing sessions for members with new and up-and-coming projects. We categorized the projects into Visual Art, Concepts, Causes, and MetaVerse, and a few combinations of the above, to inspire other artists and investors. Let’s start with a fine artist just …
NFT Bootcamp extra: Ten NFT creators walk into a Zoom call… Read More »
The best traditional media covering cryptocurrency are Forbes and the Wall Street Journal. Forbes magazine has the best investigative reporters who have a thorough understanding of the issues. A search “cryptocurrency at WSJ.com will provide the latest on a variety of issues including regulation. These provide a well-rounded viewpoint that is typically not found at …
Blockchain fundamentals Module 3: Tools and Resources Read More »
Day trader and former Collab instructor in technical analytics, Jonathon DeForge shared his favorite YouTubers. Here’s his list of people he follows with links and his comments. One suggestion for learners is to watch a different one of these every morning until you gravitate towards a few you enjoy following. Daily videos My morning Bitcoin …
Blockchain Fundamentals Module 3 Extra: What Jonathon Watches Read More »
Since Ethereum launched officially in 2016, thousands of developers around the world have been working on new blockchains and new types of organizations. This module groups the projects into the major sectors that are foundational and conceptual differences. We have divided “sectors” into those driven primarily by the form of organization, and those that are …
Blockchain Fundamentals Module 2: Industry sectors Read More »