What are NFTs? - 4 YOU - The NFT comprehensive guidebook - Holger Kiefer - E-Book

What are NFTs? - 4 YOU - The NFT comprehensive guidebook E-Book

Holger Kiefer

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Beschreibung

This ultimate guide is not only suitable for capital investors and artists, but also for all creative professions. It is an essential tool for anyone looking to take their creative work to the next level and benefit from developments in the financial sector. Whether you're a musician, professional photographer, filmmaker, illustrator, or 3D artist, this book provides you with the necessary knowledge to transform your digital works into valuable and unique NFTs. It shows you how to leverage the various platforms and tools of the NFT market to market your portfolio and sell your artwork. It will help you understand the complex world of blockchain technology and introduce you to the world of cryptocurrencies and smart contracts. Don't miss this opportunity to take your creative career to the next level while also benefiting from the advantages of NFTs. Be part of the NFT revolution now!

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© 2023 Holger Kiefer

Verlagslabel: Kiefer-Coaching

ISBN

Softcover 978-3-347-93455-9

Hardcover 978-3-347-93456-6

E-Book 978-3-347-93457-3

Printing and distribution on behalf of :

tredition GmbH, An der Strusbek 10, 22926

Ahrensburg, Germany.

This work, including its parts, is protected by copyright. Holger Kiefer of Kiefer-Coaching.de is responsible for the content. Any use without permission is prohibited. Publication and distribution are done on behalf of , to be reached at: tredition GmbH, Department "Imprint Service", An der Strusbek 10, 22926 Ahrensburg, Germany.

A warm welcome to you,

You are about to receive a comprehensive reference book about NFT's, which will be indispensable for your entry into the almost infinite possibilities, which NFT's offer.

At the same time, however, you will also receive information about what you must pay attention to and what risks may be associated with it.

Use this guide, which explains the absolutely necessary technical terms in understandable language.

On purpose some topics were treated several times, in order to point out different points of view and to consolidate the knowledge about it, because in the long run it is also a workbook.

Not only for investors, but also for sportsmen, musicians and artists of all genres, NFT's offer the possibility of a fast monetizing without intermediate trade.

I wish you much success for your investments Holger Kiefer

Inhalt

Cover

Copyright

I. Introduction to Nfts

Definition of NFTs.

History and development of NFTs

Expert opinions:

Comparison with other digital assets

II. How Nfts Work

Blockchain technology and NFTs

Advantages and opportunities of NFT investments

Smart Contracts and NFTs

Tokenization of digital content

III. Applications of Nfts Art and Culture

Music industry

Video Game Industry

Sports

Social Media

IV. Investments in Nfts

Advantages and opportunities of NFT investments

Risks and challenges of NFT investments

How to buy and sell NFTs

How can a painter create his works with NFTs

How can a musician protect his works with NFTs?

Protect and market through NTFs

NFT marketplaces and platforms

V. the Future of Nfts

Forecasts and trends

Regulatory Risks

Risks related to authenticity and verification

Volatility and price risks

How to buy and sell NFTs

Potential Applications and Developments

VII. Conclusion: are Nfts the Future?

VIII. Conclusion

Summary of key insights

Personal Assessment and Recommendations

VIIII. Anhang

Glossar

Known Nft Offerings

Everydays: The First 5000 Days

Bibliography:

Artikel:

What are NFTs? - 4 YOU - The NFT comprehensive guidebook

Cover

Copyright

I. Introduction to Nfts

Bibliography:

What are NFTs? - 4 YOU - The NFT comprehensive guidebook

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I. Introduction to NFTs

Definition of NFTs.

A Non-Fungible Token (NFT) is a digital asset based on blockchain technology that is unique.

Blockchain is a type of decentralized and distributed digital ledger system that stores information in blocks and connects them through a network of computers. Each block contains a group of transactions or information that are cryptographically linked to prevent tampering or modification. Once a block is created, it is stored in the blockchain and cannot be altered, ensuring the integrity and security of the information stored in it. This makes blockchain particularly useful for things like financial transactions, identity management, and data storage, where security and confidentiality are critical.

Unlike cryptocurrencies like Bitcoin, which are interchangeable, each NFT has a unique identity and value. NFTs are often used to represent and sell digital artwork, music files, videos, or other digital content such as even virtual properties in online games. Each NFT contains information that proves its uniqueness and ownership. Basically, NFTs work like digital certificates or ownership deeds for digital content.

You'll get more information as we go along.

History and development of NFTs

The first NFTs were introduced on the Ethereum blockchain in 2017. The CryptoKitties project, which allowed users to collect and breed digital cats, was one of the first and most successful NFT projects.

Since then, NFTs have become a major trend in the crypto and art scene. In 2021, the NFT market reached a record high with a total volume of over $2 billion. Many artists and musicians are using NFTs as a new way to monetize digital artwork and music and protect their work. More recently, major corporations such as the NBA and NFL have also begun using NFTs to sell collectibles and merchandise. The history and evolution of NFTs is still young, and new applications and technologies are expected to develop in the coming years that will further transform the NFT market.

Expert opinions:

"The idea that you, as the creator, have proof that you are the owner of a particular piece of digital art or music is pretty revolutionary."

- Kevin Chou, CEO of Rally.io

"NFTs offer the opportunity for artists to finally get paid appropriately for their work." - Anne Spalter, digital artist and professor at the Rhode Island School of Design

"The potential of NFTs is huge, especially in industries like arts and culture, where it has often been difficult in the past to clarify ownership of digital works."

- Lorne Lantz, co-founder of Blockchain Studios

Comparison with other digital assets

Compared to other digital assets such as cryptocurrencies, NFTs have some unique characteristics. Cryptocurrencies such as Bitcoin are fungible, meaning they are interchangeable and have the same value. In contrast, NFTs are unique and not interchangeable because each NFT has a unique identity and properties that distinguish it from other NFTs. Another important difference is that NFTs represent specific digital content, while cryptocurrencies have no real or physical value.

Compared to traditional physical collectibles such as paintings or baseball cards, NFTs provide a better way to prove the authenticity and ownership of digital content. NFTs also allow artists and musicians to profit directly from their work without relying on intermediaries such as galleries or record labels.