NFT Valuation
A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger.
Use cases vary between reprenting real world and metaverse assets or real value vs hype.
Fundamentals
- What is Fungibility?
- What Are Non-Fungible Tokens (NFTs)?
- Fungible vs. Non-fungible Tokens
- How Does NFT Work?
- How are NFTs changing the Digital Asset Ecosystem?
Benefits
- Ownership
- Authenticity
- Transferability
- Recurring Revenue
Ecosystem
- Wallets
- Collectibles
- Marketplaces
- Games
- Virtual Worlds
- Trading Cards
- Utility
- Defi
Use Cases & Utility
- Digital Art
- Gaming
- Fashion
- Certifications and Licenses
- Sports
- Digital Identity
- Music and Entertainment
- Digital Real Estate
- Metaverse
Challenges and Risks
- Pricing Challenges
- Copyright Challenges
- Dealing with Fraud
- Compliance/Security Challenges
- Smart Contracts
- AML and KYC
Standards
Ethereum has two main standards for NFTs:
- ERC 721
- ERC 1155
Solana does not have a standard.
Onboarding
- What you need to get Started
- Get Started on OpenSea
- Currency Supported
- Blockchain Supported
Walkthroughs:
- OpenSea Marketplace
- Using a wallet (MetaMask)
- How to Buy NFTs
- How to Sell NFTs
- Creating NFTs
- Security Aspect of NFTs
Collections
- What is an NFT Collection
- Outline Steps to create a collection
- Designing an NFT Collection
- Creating an NFT Collection
- Adding NFT Items to market
- Listing Items for Sale
- Pricing your NFT Collection
Trading NFTs
- Trading Fundamentals
- WETH vs Ether
- Transaction Fees
- Analysis of OpenSea Top NFTs
- Tools - Using a NFT Tracker
- Tools - View activity of your NFTs
- Tools - Create a Watchlist
- Tools - Trading a NFT
Art
How do you assess the value of NFT art?
Digital art will need to have their stories converted into games or linked to physical goods to have long-term value beyond hype narratives.
ERC 404
Phygital NFTs
Brands and NFTs to track and reward customers for their loyalty and engagement.