What is an NFT?
NFT is an abbreviation for non-fungible token. In Spanish, we could translate it as token no fungible. It is a cryptocurrency that represents something unique and non-transferable.
In other words, an NFT is a way of representing non-expendable property (things that cannot be exchanged for others) on the blockchain of a cryptocurrency. This is possible thanks to the blockchain technology.
Why create an NFT?
Some advantage you have to create an NFT are:
- It is a way segura y transparent to represent non-expendable goods on the blockchain.
- Allows verify authenticity of the well represented.
- NFTs can be to exchange easily between different users.
How to create an NFT?
For create an NFT you need:
- A wallet (purse) compatible con NFTs. For example, MetaMask.
- One exchange of cryptocurrencies that support NFTs. For example, OpenSea.
once you have this, you just have to follow the steps that the exchange will indicate you to create your NFT y put it up for sale.
1. Create an account on the blockchain platform of your choice
To start creating your first NFT, you will need to register on a blockchain platform. There are different platforms that offer this type of service., but the most popular is Ethereum.
Use: Make sure the platform you choose supports the ERC-721 protocol, since it is the standard for the creation of NFTs.
2. Choose the type of NFT you want to create
Once you have created an account on the blockchain platform, you will need to choose the type of NFT you want to create. There are different types of NFTs, but the most popular are digital asset tokens (as pictures, videos or sounds) and access tokens (as tickets to events or memberships).
Use: Make sure that the type of NFT you choose is supported by the blockchain platform you have selected.
3. Get the necessary files for your NFT
Once you have chosen the type of NFT you want to create, you will need to obtain the necessary files for your NFT. If you are creating a digital asset token, you will need a copy of the digital file you want to associate with the token. If you are creating an access token, you will need the necessary information for the event or membership.
Use: Make sure that all the files you use for your NFT are compatible with the blockchain platform you have selected.
4. Assign a property to your NFT
Once you have obtained the necessary files for your NFT, you will need to assign a property to your NFT. Ownership of an NFT can be anything, from the title of a work of art to the name of an event.
Use: Make sure that the property you assign to your NFT is supported by the blockchain platform you have selected.
5. Put your NFT up for sale
Once you have assigned a property to your NFT, you will need to put it up for sale. There are different ways to do it, but the most common is to use an NFT market platform. NFT marketplace platforms allow you to search and buy NFTs from other users.
Use: Make sure the NFT marketplace platform you choose supports the blockchain platform you have selected.
What are the main NFT platforms and wallets?
Los NFT, the tokens in fungibles, are digital assets that are unique and cannot be replaced by another identical asset. NFTs are often used to represent items such as digital art, in-game items and other virtual collectibles.
The two most popular NFT platforms are Ethereum and Flow. Ethereum is a decentralized platform that runs smart contracts, or programs that run exactly as scheduled with no possibility of fraud or third-party interference. Flow is a blockchain platform designed specifically for NFT. It is scalable and can handle large volumes of transactions.
The most popular wallets for storing and managing NFTs are MetaMask and Coinbase Wallet.. MetaMask is a browser extension that allows you to interact with decentralized applications (dapps) en la red Ethereum. Coinbase Wallet is a mobile application that allows you to store, manage and trade a variety of cryptocurrencies, including NFTs.
How to open an account in MetaMask
1. Download MetaMask
To open an account in MetaMask, the first thing you need to do is descargar the application. MetaMask is available for both mobile devices how to computer:
For mobile devices: you can download MetaMask directly from the App Store o Google Play.
for computers: you can download MetaMask from the official website. MetaMask is also available as extension for Google Chrome, Mozilla Firefox y Brave.
2. creat your account
Once you have downloaded MetaMask, Open the app and follow the instructions to create a new account. When creating your account, MetaMask will generate a seed of 12 words that you should keep in a safe place.
3. Log in to your account
For login to your account a MetaMask, you must enter the seed of 12 words that it generated when you created your account. If the seed is correct, MetaMask will ask you to choose a password to protect your account.
4. Get started with MetaMask
Once you have logged into your account, Now you can start using MetaMask. On the main screen of MetaMask, you will see balance and ETH and in other tokens compatible with Ethereum. You will also see a list of addresses of your accounts.
To send or receive ETH or any other Ethereum compatible token, you only have to copy your account address and paste it on the wallet of the person or service with which you are interacting.