Thread by @namratha_bemane

So firstly to make up for all the threads 🧵 I've missed in making Here we go,

Firstly we had an Workshop 2 weeks back on Nfts as part of @growthschoolio Web 3.0 program. It was taken by @raghavakk

It was on Brief Introduction to Nfts.
See Below for what we learnt on, 👇👇

1) what are Nfts?
2) How does it work ?
3) NFTs categories?
4) How to Create, Set up NFTs & Projects?
5) Some Famous examples?

#GrowthSchool #gsweb3 #crypto #NFTs #Blockchain #DAOs #Community #Web3 #DeFi #dApps

1) Non-fungible tokens(NFTs) are blockchain based tokens that each represent a unique asset like a piece of art, digital content, or media. An NFT can be thought of as an irrevocable digital certificate of ownership and authenticity for a given asset, whether digital or physical.

2) NFTs can represent real-world items like artwork & real estate."Tokenizing" these real-world tangible assets makes buying, selling & trading them more efficient while reducing the probability of fraud. NFTs can also function as individuals' identities, Property ownership doc.

3) There’s no bar as to what’s counts as an NFT (see our post on what is an NFT), it’s safe to say anything can be an NFT & that isn’t far from the truth.

NFT’s diverse use cases & unique tracts can be attributed to its growing scope for innovation and developing infrastructure.

4) you will first need to connect your crypto wallet to an NFT marketplace of your choice.

The wallet address will be your login info, so you will never need to share any other details.

Then you can go to the “Create” section on the marketplace, upload your artwork & finalize.

5) We’ve come a long way since the first NFT, "Quantum" was minted in 2014.

Since that time projects like @CryptoKitties, @beeple Everyday 5000, @rarepepes, @cryptopunks @baenfts @ItsukiNFT (Recent one) @AxieInfinity have revolutionized the industry by creatively & financially.

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Also check out my Day 1-5 already in my pinned tweet on profile (like blockchain I've added new thread to prev thread comments).

Also Day 6-9 threads Coming up! Follow me for more 😊