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Book 1 - Hola MaHigh-School - June 2022

The winter holiday edition of your favourite magazine - Hola MaHigh-School - June 2022. Good read

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As much as Mona Lisa

can be sold at auction, so

can an NFT.

Maybe I don’t get money

into my bank account in

South Africa, but hey- I

got a deposit in bitcoins.

Let us look at the details:

First of all you need to have an electronic ‘wallet. That is easy to create.

There are plenty of wallets to choose from and all have unique features.

But what you can do is to buy a currency

(bitcoins) from a credit card. Now you have

‘money’ in the wallet.

Let us imagine I am a designer. I design

something, consisting of artwork, music,

video and so on. Now where to sell it? The

biggest market place is opensea.io.

Find what you would like to buy, bid on it. And become the owner.

And here is the trick: when you get tired of a certain NFT, go and sell it.

As you could sell Mona Lisa (if you could be the owner).

The ‘owner’ of an NFT can indeed be proud. There is only one out there

and it is on my cell!

Is there more to it? Well, yes. A lot more. But it does involve both the

definitions of blockchain and cryptocurrency.

So, if you are up to it you can start creating

NFTs – it is simple really.

Get the design done and get the wallet. You

could be a new trend.

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