NB4NFTBeginner

If you are a beginner with NFT, let's talk about it.
Let us learn everything as beginner should learn about.
What is NFT? How to earn? How to mint? How to buy?

[NB4NFTBeginner @NB4NFTBeginner]

Smart contracts are so disruptive. They allows systems to have multiple parties cooperate without any of them being able to manipulate the system in their favor. That is to say, they are TRUSTLESS. No one has to trust anyone else. All you need to trust is the code.

[NB4NFTBeginner @NB4NFTBeginner]

25 years ago, American programmer Nick Szabo developed a set of digital protocols for information transfer, which could automatically execute once established conditions are met.

Yep, he invented the SMART CONTRACT.

[NB4NFTBeginner @NB4NFTBeginner]

Being built on top of incredibly secure decentralized networks, smart contracts have properties that make them promising:
1) It's tamper-proof. Once created, a smart contract is impossible to edit.
2) It is not open to interpretation. No jargon, no secret clauses, & addendums.

[NB4NFTBeginner @NB4NFTBeginner]

Blockchain, the same technology that underlies Bitcoin and Ethereum, is used to create smart contracts, which are altering how we view contracts and how they are upheld.

[NB4NFTBeginner @NB4NFTBeginner]

Similar to a traditional contract, a smart contract is used to make sure that all parties to an agreement are aware of their responsibilities and that they carry them out.

[NB4NFTBeginner @NB4NFTBeginner]

Smart contracts are basically lines of code that are used to automatically carry out a set of terms that have been agreed upon.

[NB4NFTBeginner @NB4NFTBeginner]

If contracts were created to simplify lives? Why are they so challenging to implement?
Here comes smart contracts, and they are upending not only the financial sector but also almost every other business.

[NB4NFTBeginner @NB4NFTBeginner]

Although contracts are so common in today's culture, they almost all share a common set of problems: they take a long time to make, are challenging to enforce, and are frequently subjective. Some contracts are even purposefully unclear or deceptive; how unpleasant!

[NB4NFTBeginner @NB4NFTBeginner]

Contracts are written documents describing who does what, under which conditions, and when. In the case of a dispute, the terms of the contract are usually used to resolve it through an arbitrator or mediator, but at times, the court may need to get involved to settle matters.

[NB4NFTBeginner @NB4NFTBeginner]

Contracts are legally binding agreements that can pertain to practically anything, such as the transfer of property, general employment contracts, non-disclosure agreements, licensing contracts, and more. They are also used in NFT, only there is an absence of human intervention.

[NB4NFTBeginner @NB4NFTBeginner]

NFT are worth as much as somebody is willing to pay for it—which can be a considerable sum.

[NB4NFTBeginner @NB4NFTBeginner]

Most NFTs are based on the Ethereum blockchain, but some other blockchains also support NFT—such as TRON and NEO.

[NB4NFTBeginner @NB4NFTBeginner]

Individual works of art that have been tokenized can be represented using NFT. Owning the NFT equals to owning the underlying piece of art.

[NB4NFTBeginner @NB4NFTBeginner]

The rise in popularity of NFT art is the beginning of how these assets can redefine exclusivity and ownership across industries in the world

[NB4NFTBeginner @NB4NFTBeginner]

Generative art offers creatives and artists a way to build and curate their own career without relying on traditional means to get there.

[NB4NFTBeginner @NB4NFTBeginner]

The artwork itself might not be revealed until after it has been minted, and it might alter over time, depending on how the creator chooses to code the piece.

[NB4NFTBeginner @NB4NFTBeginner]

The engaging and dynamic nature of generative art is one of its most intriguing and distinctive features.

[NB4NFTBeginner @NB4NFTBeginner]

Generative art offers creatives and artists a way to build and curate their own career without relying on traditional means to get there.

[NB4NFTBeginner @NB4NFTBeginner]

Software wallets enable rapid account creation but put your private keys at some level of risk. By keeping your private keys offline hardware wallets provide the highest level of protection

[NB4NFTBeginner @NB4NFTBeginner]

Securing your NFT is your responsibility. Choosing the right wallet (software or hardware) is the first step.