What are NFT’S?
A non-fungible token (NFT) is a digital asset based on a block chain that can be used to represent ownership of a variety of digital assets including art, photography, music, and more.
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format.
DeFi is an abbreviation of Decentralized Finance, or an open financial system that doesn’t rely on centralized authorities or intermediaries like banks to conduct financial activities.
Gas is a unit of measurement that represents the computational effort required to complete a transaction. How much a user spends to complete a transaction is determined by the total amount of gas multiplied by the gas price.
Gwei is the smallest denomination of ETH that is equivalent to 1/1,000,000,000 of 1 ETH (1 ETH = 1,000,000,000 Gwei).
A smart contract is a piece of code that executes according to it’s instructions exactly like a traditional contract between two people would be executed. Smart contracts are used by developers to build decentralized applications on blockchain networks like Ethereum.
NFTS- Crypto & Philanthropy
This is an area I find very important I think its exactly why NFTS will thrive and survive the many many evolution’s Web3 will undertake in its development. I found this site that I find incredibly interesting.
Fantastic place but doesn’t take any Ravencoin because its not available on the Gemini platform. Gemini needs to catch up!
If you want to give, but aren’t sure how, where there is a will there is a way. The easiest when you think all is lost, is find how you would convert to cash and donate that cash.There are ways to convert one crypto into another. If you are giving to a charity, do not be afraid to have a conversation with the charity about authenticating your donation. This can be a simple letter, tweet, video, photo, or even a recording. People like to know the money is going where you advertised. Having the charity acknowledge on social media not only gives them a promotional post, but you one as well. It’s a win win for you both and goes a very long way to help you, and your community see results. Think of it as your community being involved on another level, acknowledgement of them.
Still not sure? Contact me, lets chat. I’m sure we can find a way through. The world is better with art in it,leap!
Fly with me!
Want to make-mint-create NFTS and have no idea where to go?What do do?
Here are some great places to check out that will make life very simple for you,and happily bring into a great community!
RVNFT.COM – This is hands down the best place to land if you want help. Their twitter @RVNFT_ART
Once you have your piece ready for release, they will consult with you and guide every step. You wont have to be a coder,or have storage accounts waiting, they have your back. Best of all, at no extra cost to you. Consult and discuss the different options/parameters of the NFT you wish to create before issuing your assets. This might be a new world, but we are still human. RVNFT treats you like one. I literally was beside myself the word consult was used and there was no additional fee’s.
Want something different? Maybe a market for a collection? Ravencoin has multiple market places, I have used the above and The Ravenist. I like both these because they take the time to talk with you. Do not be afraid to ask as many questions as you need to. That’s refreshing. They offer a discord for support. Their community is always happy to help each other.
An additional place they have to offer is Ravenmint.com. I’ve only traded here,but my experience so far has been positive.
What is a utility NFT?
An NFT assigns a use to the digital asset outside of owning a piece of artwork. A utility NFT can be where someone receives a physical piece of art that matches the NFT they purchased, unique access to an event, exclusive in-person memberships, or future use in the MetaVerse/digital world. The options are as open as your imagination!