Book 1 - Hola MaHigh-School - June 2022
The winter holiday edition of your favourite magazine - Hola MaHigh-School - June 2022. Good read
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.