This is an intermediate course where we dive deeper into the world of NFTs. This includes understanding what powers them, such as Ethereum, ERC token standards, Decentralized apps (dapps) and smart contracts. We’ll also look at some use cases to get a better understanding of how NFTs can be used.
We’ll take a closer look into the cryptocurrency Ethereum. We’ll look at what exactly it is, how’s it used, and who uses Ethereum. We’ll discuss what is ether, as a native cryptocurrency and fuel that powers Ethereum. We’ll learn about decentralized apps (apps) and how they work with smart contracts. We’ll review NFT token standards and how they have evolved. We’ll discuss real NFT use cases including how industries are being disrupted by NFT technology.
So how to do you buy NFTs? We’ll review it all, including how to secure your NFT investments and tips to avoid scams. And if you own an NFT, how do you sell it? There are quite a few details to sell an NFT like how to set up an auction and bidding process on a marketplace. It’s important to know the expenses involved with selling NFTs, including crypto gas prices and service fees.
Module 8 includes a course recap, followed by a course quiz. This course preps learners for the third NFT course that TechCircle presents: How to Sell NFTs.
