NFT, The Future Of The Metaverse

By The Changing Ape

NFT, The Future Of The Metaverse

Learn Web3 and NFTs Easily.

"NFT, the future of the metaverse' is a comprehensive guide for newbies in the NFT world who wish to become an expert, and a direction for every other person who wants to navigate the NFTs, blockchain, web3, and metaverse world. It offers strategic practical tips on becoming an NFT, blockchain, and metaverse connoisseur over time. The principles and tips outlined here are relatable and practical.

"I'll be showing you the easiest way to become a pro while breaking down the complex world of NFTs, web3, the metaverse, and the blockchain. You'll learn all the geeky stuff of this 'new future', contemporary issues related to them, their applications across various spheres, why they could be more complicated these days, and much more."

• Language: English
• Publisher: The New O Publishing
• Release date: Jul 25, 2022
• ISBN: 9780998933337

Book preview

NFT, The Future of the Metaverse

––––––––

By The Changing Ape

© Copyright 2022 by The New O Publishing-All rights reserved.

It is not legal to reproduce, duplicate, or transmit any part of this document in either electronic means or printed format. The recording of this publication is strictly prohibited.

Introduction

There has been a recent wave of discussion mostly centering on NFTs, metaverse, web3, and blockchain. Your Twitter crypto feed (if you follow one) must have been swamped with posts from the likes of Elon Musk, Max Maher, and Gary V. These guys have been talking about this new frenzy. We read headlines of celebrities like Eminem, Snoop Dogg, and Justin Bieber buying these priced pieces all the time. The popular Brazilian footballer, Neymar, bought two NFTs from the Bored Ape Yacht Club (BAYC) collection. This collection was valued at more than $1 million. And as absurd as it sounds, NFT arts are being sold for much more.

I know you are probably confused and swept in by all the discussions centered on NFTs, the metaverse, web3, and the Blockchain. There’s nothing like a global explosion of technology that leaves you thinking, Err, what exactly is going on folks?

Everyone seems to get what the hype is all about and can’t seem to stop talking about it. And here is you - can someone just tell me what this is all about! You probably see tweets and posts every day bordering on NFTs, metaverse, web3, and blockchain, but you can’t relate to them. It could be quite frustrating.  Yea, I get it. This was me when Satoshi published his Bitcoin whitepaper in 2009. Clueless and lost. 

Truth is, you are not alone! 

I’ll be showing you the easiest way to become a pro while breaking down the complex world of NFTs, web3, the metaverse, and the blockchain. You’ll learn all the geeky stuff of this 'new future’, contemporary issues related to them, their applications across various spheres, why they could be more complicated these days, and much more.

‘NFT, the future of the metaverse’ is a comprehensive guide for newbies in the NFT world who wish to become an expert, and a direction for every other person who wants to navigate the NFTs, blockchain, web3, and metaverse world.  It offers strategic practical tips on becoming an NFT, blockchain, and metaverse connoisseur over time. The principles and tips outlined here are relatable and practical.

This book is for you if you are asking several questions about NFTs but getting none. I'll expound with careful expertise and finesse:

●  What NFTs, metaverse, web3, and blockchain are;

●  Why exactly NFTs, metaverse, web3, and blockchain are gathering waves;

●  The driving mechanism(s) for NFT functionality;

●  How to sell your NFT at an appropriate value;

●  How to get whitelisted; what it means, and how it works;

●  NFTs minting and Smart contracts.

Beyond knowing what NFTs, the metaverse, and blockchain are, you want to know the risks associated with interacting with them before dabbling in these budding technologies.  The major catch here is that the technology derived from NFTs, metaverse, and blockchain has the potential to transform how we interact with the internet. And that is precisely where people like you and I can take advantage of it.

However, the information in this book isn't limited to people in the finance and tech world alone. Students, millennials, young professionals, and others may key into the strategies outlined in this book to abreast themselves with contemporary NFTs, blockchain, web3, and metaverse knowledge in a world with limited job opportunities.

Welcome to the world of the future!

Table of Contents

Introduction 3

Chapter 1 – Getting Familiar with The Blockchain 9

Blockchain is the next new breakthrough 9

Blockchain for Dummies: A Simple Explanation 9

Now the technical stuff 11

Where is the blockchain located? 13

What was the first platform to use blockchain? 13

Blockchain Types 14

The Working Principles of Blockchain 19

Why is the Blockchain generating so much hype? 26

The Future of Blockchain 28

Chapter 2 – The Basics of Web 3.0 31

Web 3.0 Explained 31

Brief History of the Web 32

Features of Web 3.0 32

What the future holds for Web 3.0 34

Why many people are embracing Web 3.0 35

Top Use Cases of Web3 37

Chapter 3 – The Metaverse 40

Understanding The Metaverse 40

Key Technologies Underlying the Metaverse 41

Developing a Metaverse 44

Chapter 4 – Non-Fungible Tokens as the Future of Metaverse 47

The NFT Overview 47

What gives NFT value? How are they selling for millions? 48

Do creators really make that much money? 49

NFT and Metaverse: Where do they meet? 57

Chapter 5 – How to create my NFT and make it work. 60

Community 61

Launch Marketing 61

START – BUILD A COMMUNITY 62

Content Is King! 65

So, how can you create your own NFT collection? 67

What are the Best Platforms to buy NFTs? 74

Chapter 6 – Get a whitelist spot on that project! 78

What is an NFT whitelist, and how does it work? 78

The advantages of whitelisting 79

How to Become a Whitelist Member of an NFT Project 80

Chapter 7 – Possible questions that newbies have when they enter the NFT space.  85

Can I Create an NFT and actually become a millionaire? 85

What if someone has tokenized my work and wants to sell it? 87

Why is the commission for issuing my NFT higher than the price of my NFT?...  88

Who should I contact if I have questions? 88

How can I evaluate my NFT art? 89

Conclusion 91

Chapter 1 – Getting Familiar with The Blockchain

Blockchain was introduced as the technology behind Bitcoin, the first cryptocurrency. Think of it as an infrastructure for cryptocurrencies - if cryptocurrencies were cars, blockchain would be the expensive parts. Although there is some debate among experts about the future of cryptocurrencies, there