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NFT For Beginners: Guide to create and sell non-fungible tokens by Ryley James

NFT For Beginners: Guide to create and sell non-fungible tokens

by Ryley James
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Book cover type: Paperback
  • ISBN13: 9798502200295
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Publication Date:
  • Pages: 130
  • Original Price: USD 15.2
  • Language: English
  • Edition: N/A
  • Item Weight: 182 grams
  • BISAC Subject(s): Art

Are you interested with understanding the ins and outs of non-fungible tokens? The blockchain community has been buzzing about them. This book will teach you everything from what they are, how they work, and how to use them effectively. This book is for anyone wanting to get started with non-fungible tokens or investing in the non-fungibility token market. It will teach you what popular cryptocurrencies are and how they use the technology. It'll detail what an NFT is, and why it's becoming such a big deal. It'll introduce you to the different popular NFT tokens and show you how to invest in them. I'll show in this book how to create your own tokens that are non-fungible. Finally, we'll go through some of the companies that are already using this technology, and give you a few ideas on where to invest your money.This Book Covers: - What Is A Non-Fungible Token (Nft) - Cryptokitties Case Study - Basic Necessities for Creating Nfts - Understanding Your Potential Buyers In Nft - The Importance of the Right Team - How to Create a Successful Nfts Business - Understanding the Key Aspects of Your Future Nfts - How to Sell Nfts Online and Offline - How to Market Your Nfts to Potential Buyers - What do you get after selling your non-fungible tokens?And More...Non-fungible tokens are a variant of ERC20 tokens which contain multiple assets or other tokens on the Ethereum platform. For example, every CryptoKitty is unique because they each have their own identifiers. These assets that contain other assets are known as non-fungible tokens. Non-fungible tokens are used in a plethora of different ways. For example, Cryptokitties are created by the Cryptokitty company to enable digital scarcity for new digital art. The CryptoKitties company can generate an infinite amount of cats because each one is unique, and this is the beautify of them. They can be bought and sold, or even bred with each other for a fee.The only thing that's missing with these tokens is that they don't have a real name. They're only identified by their 32-character string of letters and numbers. This is not a problem though because users can simply use the Ethereum address instead of a name.Non-fungible tokens are a good way to create digital scarcity for real life assets because they're unique and can't be copied, counterfeited, or replicated. This is unlike physical assets which can be copied through the use of special printers that make fake coins or notes, thanks to the printing press. Non-fungibles are only created by hand, so counterfeiting them is practically impossible. For example, the CryptoKitties can't be printed or copied.Another advantage of non-fungible tokens is that they're more secure than regular tokens like ERC20 tokens or Ethereum itself. They're also easier to use because each token is only identified by a 32-character string of letters and numbers. This means that you don't have to copy down hundreds of different addresses to verify ownership, and you don't need specific software to use them.If you want to learn more about Non-fungible tokens, then check out this book. You'll be amazed at how useful they are, and the applications you can use them for.

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