The NFT Handbook: How to Create, Sell and Buy Non-Fungible Tokens

Description

The NFT Handbook is a detailed guide on how to create, sell and buy non-fungible tokens without the need for a technical background. Learn exactly what NFTs are, how they evolved, and why they have value. We’ll delve into the different types and aspects of NFTs and discuss the different NFT marketplaces and the pros and cons of each. Create Your Own NFTs: Step by step instructions on all aspects of NFT creation, including what types of content to use, where to source content, adding artistic design, writing the NFT’s description, adding optional unlockable content and setting an optional ongoing royalty. Mint Your NFTs: You’ll learn the process of how to get your NFTs on the blockchain. Sell Your NFTs: We’ll go through the whole process including creating a collection, and the different options such as setting a price or starting an auction. Buy NFTs: What you’ll need to bid on and purchase NFTs, and how to avoid getting scammed. You’ll also get a primer on blockchain, particularly the Ethereum cryptocurrency and “gas” fees. You’ll also be shown step by step how to create, secure and fund your own cryptocurrency wallet, where you’ll store your NFTs and cryptocurrency. Whether you’re experienced with the blockchain and crypto or a complete noob (beginner), The NFT Handbook will guide you in the process of creating, minting, selling and buying NFTs. Cover Title Page Copyright Page About the Authors About the Technical Editor Acknowledgments Contents at a Glance Contents Foreword Chapter 1 Introduction to NFTs Chapter 2 What Are NFTs? Why People Collect What Exactly Are NFTs? Tokens Non‐fungible Types of NFTs Digital Art and Collectibles In‐Game Items Digital Trading Cards Digital Real Estate Domain Names Event Tickets Tweets Aspects of NFTs Name Main Content Preview Content Description Attributes Unlockable Content Ongoing Royalty Supply What's Really in an NFT? Extrinsic Elements of NFTs The Why Reputation Future Assurance Chapter 3 Why NFTs Have Value Why Do Collectibles Have Value? The Problems with Traditional Art Recent Forgery Scams Connoisseur Fallibility Provenance Issues The Problems with Collectibles and Memorabilia Forgeries Degradation Digital Art Before NFTs The True Advantage of NFTs Authenticity Provenance Permanence Scarcity Ongoing Royalty for Creators Advantages of a Decentralized System NFTs Aren't Perfect Gas Fees Content Storage Imposters Additional Reproductions Delivery of Perks and Physical Items Environmental Effects Disadvantages of Blockchain External Forces That Drive Value Chapter 4 History of NFTs Andy Warhol Presents Pop Art Beeple's Cyberpunk World Meets NFTs The Story of Digital Art Digital Art Emerges Digital Art Starts to Sell Chapter 5 NFT Marketplaces OpenSea Rarible Nifty Gateway SuperRare Wax (Atomic Hub) Foundation NBA Top Shot VeVe Known Origin Myth Market Wrap‐Up Chapter 6 Creating and Minting NFTs Creating the Aspects of Your NFT Main Content Name Preview Content Perks Unlockable Content Description Ongoing Royalty Supply External Link Creating a Cryptocurrency Wallet Creating a MetaMask Wallet About Your MetaMask Wallet Creating an OpenSea Account Creating a Collection Elements of a Collection Creating the Collection Verification Minting an NFT Chapter 7 Selling NFTs Your Exchange Account Creating a Coinbase Account Securing Your Coinbase Account Connecting Your Bank Buying Cryptocurrency Funding Your MetaMask Wallet Selling Your NFTs Ways to Sell Your NFT Listing Your NFT for Sale Marketing Your NFTs Building a Community Market Making Put in the Work Chapter 8 Buying NFTs Why Buy NFTs? Meaning Utility Investment Prestige Collecting Buying NFTs Finding an NFT to Buy Ways to Buy NFTs Building an NFT Collection Collect Like an Angel Investor Have a Collecting Identity Where to Start Chapter 9 Legal Aspects of NFTs Are NFTs Securities? The Howey Test So, Are NFTs Securities? Fractional NFTs Intellectual Property Rights Copyright Trademark Right of Publicity The Transformative Use Test Licensing Publicity Rights Posthumous Publicity Rights Newsworthiness Right of Privacy Public Figures Contracts Perks NFT Content Taxes Sales Tax Income Tax Capital Gains Tax Chapter 10 The Future of NFTs The Metaverse Types of Metaverses NFTs in the Metaverse Non‐bankable Assets Speed Bumps Digital Wallets Gifts That Delight The Future of Payments The Unwritten Future of NFTs Index EULA