HOW TO BUY MY NFTs:

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Step 1: Set up a wallet

Download a MetaMask wallet browser extension. [It's free and allows you to store your cryptocurrency]

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Step 2: Connect to OpenSea

Go to OpenSea.io and create a collector’s account.

[This allows you to store, sell and buy your NFTs]

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Step 3: Set up an exchange

Download Coinbase, Binance or any cryptocurrency exchange.

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Step 4: Buy tokens

On any of these cryptocurrency exchange platforms, buy some Ethereum tokens.

[This currency is needed to buy NFTs on OpenSea]

 

Step 5: Transfer tokens

In order to any artwork, you'll need to transfer your tokens from the exchange platform (see Step 4) to your MetaMask wallet (see Step 1). [This allows you to buy and sell NFTs on the OpenSea marketplace with ease]

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 WHAT YOU NEED TO KNOW:

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• Non-fungible tokens or NFTs are cryptographic assets stored on a digital ledger called blockchain, with unique ID codes and metadata that cannot be replicated.  

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• These tokens can be used to represent unique real-world items such as artwork.

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• NFTs, unlike bitcoin and other cryptocurrencies, are not mutually interchangeable hence their coined name: non-fungible tokens.

 

 

PURSCHASE AND SELL NFTs:

 

• NFTs are open for purchase and sell to anyone.

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• Access to any copy of the original file of those NFTs is not restricted, however they are tracked on blockchains to provide proof of ownership.

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• Once an individual purchases a digital art piece, they are the sole owner of this digital token as a collectible item.

 

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WHY ARE NFTs SO IMPORTANT?

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• Physical money (cash), gold, silver, cryptocurrencies (Bitcoin, Ethereum etc.) are fungible and therefore traded or exchanged one for another, i.e., one Bitcoin will always equal in value to another Bitcoin.

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• NFTs on the other hand are unique and irreplaceable, thereby making it impossible for one non-fungible token to be equal to another.