Introduction for beginners who don't know NFT and Bitcoin.
What is a blockchain?
(For more information, please refer to Wikipedia.)
A form of distributed data storage technology. Algorithm in which multiple transaction records are included in a "block" and connected in a chain form using a hash, followed by numerous computers copying and distributed storage. Bitcoin was developed by Satoshi Nakamoto in 2008. Later, various coins that secured and improved Bitcoin began to be created.
What is NFT?
With a non-Fungible Token, it is impossible for one token to replace another token. An irreplaceable token ERC-721 was implemented on the Ethereum network. As the opposite concept, ERC-20 is an alternative token. (ERC = Ethereum Request for Communct, Ethereum Standard)Types of NFT coins.
The difference between coins and tokens: You can check if your own network (platform) has been established. Tokens developed for use in DAPP using coins and built platforms when their own plamps are built. Example) ERC-721 (NFT token) made in Ethereum (Coin)
Types of coins with NFT tokens.
Ethereum: A distributed computing platform for implementing smart contract functions. A representative Altcoin leader. Unit is ETH.
Solana: The world's first web-scale decentralized network based on 50,000 transactions per second (TPS: transaction processing speed per second) support and tremendous processing speed. Unit is SOL.
Cardano: A blockchain platform used to exchange digital currency. A technology platform that can run financial applications that are mainly used by individuals and organizations around the world. There is a difference that centralization is possible in smart contracts. The unit is ADA.
Clayton: A service-type enterprise blockchain platform developed by Kakao's subsidiary Ground X. It lowers the waiting time to 1 second of block creation time and cites wide scalability as its strength. Unit is Klay.
What is a wallet?
A software wallet used for trading on the NFT exchange. You can exchange NFTs or exchange coins on the same network through the disclosed wallet address.
How to make a wallet for each coin
Metamask - Ethereum
It is a cryptocurrency wallet that can hold, remit, and manage Ethereum. Install the chromium expansion program in the chromium web browser.
https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn
Caicas - Clayton
It is a cryptocurrency wallet that manages Clayton-based digital assets. Installation method is the same as above.
https://chrome.google.com/webstore/detail/kaikas/jblndlipeogpafnldhgmapagcccfchpi?hl=ko
Phantom - Solana
Wallet that allows access to distributed application programs distributed in the Solana blockchain. Installation method is the same as above.
https://chrome.google.com/webstore/detail/phantom/bfnaelmomeimhlpmgjnjophhpkkoljpa
What is an exchange?
Market where cryptocurrency transactions are possible. It is also called a black currency asset trading platform, and there are many cryptocurrency exchanges at home and abroad.
Types of exchanges
1) Cryptocurrency exchange: Same as the above description.
2) NFT Exchange: Only NFT is a specialized exchange.
Choose the NFT you want on the exchange.
1) NFT Exchange List
2) Check the cryptocurrency that fits the NFT.
3) Buy the coin on the cryptocurrency exchange.
4) Move the coin to your wallet.
Coins purchased on the cryptocurrency exchange must be transferred to wallets used by individuals.
5) Connecting personal wallets on the NFT exchange.
6) Buy it.
NFT project tour.
The background of the project's understanding/structure.
CryptoPunks CryptoPunk Understanding: The symbol of ERC-721 itself as a digital collection that can be traded with NFTs within the Ethereum network. 10,000 characters with an 8-bit dot profile.
The structure of the NFT project: As in the case of Cryptopunk, it forms a culture by forming their own group and expressing ownership while allowing other new inflows to feel that the NFT is valuable. Therefore, it is inevitably closed due to its structure, which leads to the cultural collectivity of SNS.
Participate in the project SNS.
Twitter is essential for those who do NFT. If it is a project without an official Twitter account, it can be said that it is in the early stages or that the planner has no idea of the trend. The success of the project can be seen by looking at the number of Twitter followers. Most people prefer more than 10,000.
Discord
Through voice discussions and discodes that are given various functions, the project's closeness and fandom are formed. There is a whitelist, so certain conditions (inflow of three new Discord channel members) are hung to link minting or free airdrop events. Likewise, I prefer more than 10,000 members of DICO.
Telegram
Telegram feels like it's being pushed to third place if Twitter/Discord are well organized as the main page. However, most of them are in operation. Even if I sign up for the channel and don't, I'll stop.