NFT Gold Rush

NFTs or non-fungible tokens are digital assets based on decentralized ledger blockchain technology. If you want a deeper understanding of NFT ownership and the fintech that lies beneath it, then this book is for you. “NFT Gold Rush” explains everything you need to know about NFTs. The book commences with an introduction as to why NFTs are a trend today and the observation that this trend will only become more robust because of the rapid development of the web beyond web 3.0 where private ownership in cyberspace becomes possible. It then explains how blockchain and cryptocurrency can kickstart the process of tokenization and minting so that NFTs can be created. Once this is established, the book helps you look at transactions that can be done with the NFTs as a new type class of digital financial asset. Moving on, the book explains a step-by-step analysis of how to use IT in the creation of NFTs. The book helps you get familiar with the entire minting process, including setting up your own minting page. From there, the book will help you learn how to place your NFT on the marketplace where you can sell and trade your NFTs. In addition, the book also explores different marketing, selling, and pricing strategies in case your NFT is not immediately the most popular thing in the market. Towards the end of the book, it is discussed how the development of the fintech-legalverse will eventually integrate with the metaverse leading to a new direction in web development, where private ownership colonization of cyberspace has become possible. A democratization of the web will thus get a chance for real success, a place where you will be in charge as an owner, and where you are no longer just a ‘user’. After reading this NFT handbook you will be able to create and sell your own NFTs.