Ten knowledge points that will teach you how to become an NFT insider
Ten knowledge points that will teach you how to become an NFT insider
Ten knowledge points that will teach you how to become an NFT insider
Currently, as BAYC, Disney and other related things continue to break the circle, the hottest concept in the Internet world and investment circle, I'm afraid, is NFT. Many people in the circle have taken it as faith, building up high ground, upward charging extension; but a considerable part of the outsiders, and do not understand what it is, want to enter into can not, see also can not see.
This article will introduce ten basic learning paths to help every outsider or new player to enter the circle quickly. Hopefully, after you try these paths, you will have some insights and feel the joy of becoming a true NFT insider.
1, familiar with the circle of black words and high-frequency word abbreviations
There are many terms, abbreviations, confusing slang and intentional misspellings circulating in NFT circles, some of which are essential knowledge for entering the NFT circle, while others are just "boring" hackneyed words; and this has left many newcomers to the industry "white" confused. confused.
Ten knowledge points that will teach you how to become an NFT insider
What does Mint mean? Does it translate to mint?
What is Airdrop? I've only heard of Airpods, is it a new product from Apple?
What is OS again, a more abbreviated version of SOS?
Why does everyone send GM in the morning?
And Gas War, Floor Price, Whale, and so on, one after another makes outsiders more and more resistant; but familiarity with these is actually the way to enter the circle. And through the NFT Labs publicHow to become an NFT insider fast? An Inventory of 32 Community Terms (Black Words)I believe that it will enable the whites to become familiar with it quickly and remember it.
Having mastered some terms that are important or minor, interesting or boring, I believe they will allow you to better integrate into the positive and friendly circle of NFT.
2、With a "little fox" wallet and some Token
The "wallet" in the circle is not the physical wallet we often refer to, but a virtual wallet. MetaMask, also known as "Little Fox", is the simplest and most convenient wallet, and is the most popular choice for new players. The most commonly used by players, the most mainstream choice in the market today. You can search for yourself to learn, register and feel, but remember to save the helper words and private keys - they will be your path to the wallet.
Token is like the money in your account, so Token is required for purchases, fees and some regular operations, so an appropriate amount of Token is also necessary.
The operations in 6 and 7 later in the text are inseparable from these.
3、With Twitter, Telegram, Discord account
Twitter, Telegram, and Discord are three social media tools that are currently serving as gathering places and discussion forums for NFT projects and fans.
Twitter is like an international version of "Weibo", and in the absence of a complete aggregation platform for early stage NFT projects, Twitter is the best tool to search for early stage NFT projects, and the best choice for early exposure of NFT projects.
Telegram is more like an international version of WeChat, but while WeChat caps the number of people in a single group chat at 500, Telegram caps the number of people in a super group chat at 200,000. Unlike WeChat, Telegram is more of a pure chatting tool, so community users have a wide range of communication and access to a larger, more authentic community and user opinions.
Discord is the international version of "YA" and the most important social tool in the NFT space. Because of its functional design, Discord is a gathering place for every NFT project's fans, a platform to talk directly with the project, participate in events, and do a series of operations, and a tool to get the most in-depth information about the project and the community. Once you get past this threshold, you will feel the power of this tool and understand why it has become a mainstream social tool in the crypto field.
Although these are English-based tools, there is actually not much Chinese content in them. And with the increasingly powerful translation software, even users who are not good at English do not have to worry too much.
4, join some Web3 community and communicate more
The concept of Web3 is relatively broad, involving the concept of decentralization can be called elements of the Web3 field, such as: DAO, NFT, meta-universe, etc. (see "The revolution belonging to the Internet users - three core points to see Web 3.0"); and the Web3 field in which ordinary people are the carrier, the user is the core.
At present, the whole Web3 industry is in an early stage, and there is not yet a particularly perfect learning path, so in addition to actual participation, the most effective way to learn is to communicate with users and big brothers in the industry, ask for more advice, and gradually transform it into your own understanding.
"One day on earth, one year on Web3" is no exaggeration to describe how fast the Web3 industry is changing. If only one person in the field to figure out, it is easy to not contact the most cutting-edge news, thinking solidified, and eventually be thrown off.
Of course, there is no limit to the number of communities. WeChat communities, discord communities and telegram communities are all places where people can communicate. However, you should be careful about the projects recommended by "unknown friends" and the fancy advertising information in the community.
5. Replace an NFT avatar
In the real world, there are no two goods that exhibit exactly similar characteristics or values, so they are called non-homogeneous goods, meaning unique, irreplaceable goods; similarly, there are no two identical NFTs in the domain of NFTs, so they are called non-homogeneous tokens.
NFT insiders are happy to buy collectible NFTs and change them into their own avatars - because each NFT is unique, so each avatar is unique too.
For new players who may not have tried to buy an NFT yet, or who see that they like an NFT - or that their favorite NFT is too expensive; but there is actually no rule that only the holder of that NFT can use it as an avatar, just as there are far more users of BAYC as avatars on the Internet than there are BAYCs actual number.
So, choose a NFT you like and change it into your social media avatar to have a different chatting experience, so why not try it out?
6, try to get the whitelist once
The whitelist is generally a reward for early stage project backers, which is equivalent to giving backers a place to cast one (or more) NFTs, and for some hot projects, with the whitelist users don't need to pay the high Gas fee to be first to Mint, which saves a lot of cost. As a result, many users will participate in the activities of whitelisted projects; after all, they can choose not to go to Mint if they are whitelisted, so they have nothing to lose.
The ways to get whitelisted are varied and have evolved as the NFT has grown in popularity. At first, many projects will be randomly drawn, and then later on, you need to participate in activities, project-related art creation, and even now many projects require you to sing, dance, write "small essays" to have a chance to get, so it can be said that "more and more volume".
Of course, the exact rules are set by the project owner. The whitelist of projects approved by users may be speculated to hundreds of thousands of dollars, while the whitelist of unapproved projects may go unnoticed.
7. Try Mint and buy an NFT
Mint refers to the direct "casting" to create an NFT, which is part of the primary market, while purchase is the direct purchase of an NFT from a trading platform, which is part of the secondary market.
Mint is generally divided into two types, one is to go directly to the Mint project side of the contract set up in the NFT, one is to prepare their own pictures, videos and other formats of content, to Mint their own NFT. The second way is mostly for commemorative purposes or to experience the process.
Buying an NFT from the secondary market is the easiest way to get it. After selecting the NFT you like, preparing a certain number of Tokens, it only takes a minute or two to get it. There are currently several different types of trading platforms on the market, each with its own characteristics, but OpenSea is still the current leader, accounting for more than 90% of trading volume.
Whether it's Mint or purchase, it's a great way to get familiar with NFT circles and logic the fastest.
8、Learn to use related tools
To get to this point, I believe you are already a qualified NFT insider, but if you can use the tools skillfully, you will have the ability to see more opportunities in the NFT market.
Just as a chef cannot live without a keen sense of taste, the tools help NFT users tremendously. With the tool's volume indicator, we can quickly understand the changes in the heat of the market; with the tool's giant whale indicator, we can know the big investors tend to projects, so as to determine the spread of the project or the risk of collapse; with the tool's rarity indicator, we can effectively choose the most cost-effective NFT, and so on.
9、Instantly capture the exchange of industry information
As the article says, "One day on earth, one year on Web3", the industry is changing too fast, and there is no particularly intelligent first-line news aggregation platform, so all first-line news discovery and dissemination is artificial. If you can capture the industry's cutting-edge changes, get information about front-line projects, or be sensitive to market sentiment and respond quickly, then you are a very good NFT insider.
But what if you can only see the information, but do not have the ability to analyze and respond? Send the information you discover to the community, discuss it with everyone, and turn the process and results into your own thinking, and you will definitely gain something in the long run. This may sound simple, but it is actually something that many users cannot do.
And let's not forget that the best way to get a profit is through the information gap.
10, read through the complete NFT Labs release "From 0 to 1: Mastering NFT
From 0 to 1: NFT Savvy" can be the first step to help the beginners have a preliminary concept of the NFT circle and raise their interest in NFT; it can also be the last step to help them advance a step and perfect their understanding of the whole NFT industry and even the Web3 ecosystem when they have already stepped into the NFT circle.
As I said, there is not yet a complete learning path for the whole circle. Many enthusiastic people in the industry are helping people outside the circle to push open the door of NFT in their own way, and helping people inside the circle to climb up to the top - even if they fail to climb up one day, it can be a green shade for your friends in Web3 to rest.
I hope this article and "From 0 to 1: Mastering NFT" will help you open the door to the new world of NFT
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