NFT Primer – What is NFT Art ?

What is an NFT?   A: Non-fungible token. NFTs can really be anything digital. Non-fungible tokens are digital assets that contain identifying information recorded in smart contracts. This information is stored in a blockchain, AKA distributive ledger.

THIS ARTICLE IS A WORK IN PROGRESS.

CJB's NFT for "Not Normal For Now"on Hic Et Nunc
CJB’s NFT for “Not Normal For Now”on Hic Et Nunc

1) What is an NFT?   

Non-fungible token. 

NFTs can really be anything digital. 

Non-fungible tokens are digital assets that contain identifying information recorded in smart contracts. This information is stored in a blockchain, AKA distributive ledger. 

In the public commercial space NFT’s are inexorable tied to crypto currency – for now. 

2) Some Terms to be familiar with: 

Block Scan
Blockchain
Cold Storage
Custodial
DAAP
Decentralized.
ERC-20
Exchange
Fiat Currency
Governance
Non-Custodial
Wallet

3) Major Blockchains & Currencies: 

Bitcoin and its multiple forks
Ethereum and its multiple forks
Tezos
Raven Coin
Tron
Lite Coin
Doge. 

It’s important to distinguish the difference between a distributed ledger, coin, token, smart contracts. 

4) Major Portals in the commercial NFT Art space 

https://async.art  

https://foundation.app 

https://www.hicetnunc.xyz 

https://makersplace.com

https://opensea.io

https://superrare.com

https://zora.com

5) Exchanges & Crypto Wallets 

https://www.coinbase.com 

https://www.binance.com/en 

https://metamask.io/ 

https://templewallet.com/ 

https://wallet.kukai.app 

https://guarda.co 

 Definition Links: 

NFT 

https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain 

https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq 

https://www.forbes.com/advisor/investing/nft-non-fungible-token/ 

ERC-20 

https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/ 

Pinning Assets 

https://thedefiant.io/do-you-really-own-your-nft-chances-are-you-dont/ 

https://github.com/hicetnunc2000/hicetnunc/wiki/IPFS-pinning 

Block Scans 

https://etherscan.io 

https://etherscan.io/gastracker – Ethereum Gas Tracker

https://tzstats.com 

Other Links

https://techcrunch.com/2021/03/11/beeples-69-million-nft-sale-marks-a-potentially-transformative-moment-for-the-art-world 

https://www.paradigm.xyz/2020/08/ethereum-is-a-dark-forest

https://github.com/flashbots/pm

https://ethereum.org/en/ 

https://tron.network/