17 min listen
42. What are SMART contracts and how are they powering NFT communities?
42. What are SMART contracts and how are they powering NFT communities?
ratings:
Length:
20 minutes
Released:
Dec 23, 2021
Format:
Podcast episode
Description
I didn't want to put "Smart contracts" in the title cause I mean it just sounds boring yet it's the foundation for what powers the value and trust of NFT projects today. Harvard Law explains smart contracts as: "“Smart contracts” is a term used to describe computer code that automatically executes all or parts of an agreement and is stored on a blockchain-based platform. ... That replication also means that as each new block is added to the blockchain, the code is, in effect, executed." I try to break it down to an understanding of these 4 key aspects: 1. Pre-Programmed Code 2. Chain of events (If this than that statements) 3. Execution & Transfer of Value based on above 4. Secured and logged transparently on the blockchain I give some real-world examples and some key aspects to smart contracts within the NFT projects we've minted in our Mint 365 experience on the podcast. Let us know questions around smart contracts that you might ave by either using the hashtag #NFT365 on Twitter or IG and or tagging Brian Fanzo @iSocialFanz on your favorite social network. You can also jump in our communities: http://discord.gg/adhdcoin https://facebook.com/groups/nft365 -- Powered by Rally.IO $ADHD coin Rally is a platform for creators and their communities to build their own independent digital economies. Rally is what we are using to build our creator economy and empower you the listeners and supporters of the Mint365 experience to grow along with us. Learn more at http://ADHDcoin.com
Released:
Dec 23, 2021
Format:
Podcast episode
Titles in the series (100)
9. Three Accounts You Must Have To Enter The NFT Community: In this episode we are getting to some of the "block and tackling" and breaking down some of the things that I know many are trying to wrap their head around. What is a digital wallet? Do I need an account on a crypto exchange? Where do I see my... by NFT 365 Podcast with Fanzo