Base by Coinbase is a Layer-2 blockchain that aims to improve Ethereum's speed and scalability and create an open ecosystem for decentralized applications (dApps).
One famous painter who has ventured into the world of NFTs is Damien Hirst. Known for his contemporary art and provocative pieces, Hirst launched an NFT project called “The Currency” in 2021. This project involved creating 10,000 unique dot paintings, each paired with an NFT. What is an ...
A cryptocurrency is a "fungible" token. It means a token is exchangeable or replaceable by another identical token or coin, and multiple tokens may exist. For example, there will be 21 million Bitcoins once all Bitcoins are mined, and each BTC is equal to the other BTC in value. That a...
NFT stands for non-fungible token, and“non-fungible” is what distinguishes NFTs from cryptocurrencies. Bitcoin and Ethereum are fungible tokens — one Bitcoin can be exchanged with another and nothing is gained or lost. By contrast, each NFT has a unique value and cannot be copied or exchan...
2. Choose an NFT marketplace:To convert your photo into an NFT you will need to mint into an NFT this is where an NFT marketplace comes. There are lots of NFT marketplaces to choose from. Each NFT marketplace has its pros and cons for sellers, so make sure you do your research bef...
If you wish to earn rewards for yourself by NFT farming, you will need a wallet that can hold NFTs. Coinbase Wallet, Rainbow Wallet, and Matamask Wallet are best. Next, you need certain farm tokens for staking them in the staking pool and earning rewards. $MEME Genesis NFT Farm is a...
NFTs are not the same as cryptocurrency. An NFT uses cryptocurrency to conduct the transaction. It uses the same blockchain technology that cryptocurrency uses but the asset is set up differently. Whereas a cryptocurrency coin can be traded or exchanged at equivalency, the NFT cannot. This is ...
Set up a digital wallet, and buy cryptocurrency, such as ether, using an app, such as Coinbase, MetaMask or Robinhood. Connect the digital wallet to an NFT marketplace. Mint or list the NFT for sale, or start bidding on or purchasing pieces of content. Users can auction bids or purchas...
Made public in 2009, Bitcoin is the most widely traded and valuable cryptocurrency. The success of Bitcoin has led to the rise of many other cryptocurrencies. Ethereum (ETH): Released in 2015, Ethereum is a blockchain platform that developed its own coin. Popular for financial transactions, ...
A crypto or NFT airdrop is one way to get your hands on free tokens, but how exactly does it work?