
> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series by EZ Wallet. We’re set for something different this time, called  **👹 The Genesis**. So what is Genesis, and why should you join the EZ Wallet community and become one? Let’s dive in!

![](https://miro.medium.com/max/700/0*7hRs5-36EyACjQnO)

## **👹 What is Genesis?**

It’s not just a name. It’s something different! The team was thinking of a perfect successor for the OG-Original role in the community, from which the Genesis role was born.

## **🔥 What makes it different?**

### **🙋 The name**

When the OG was created, it was for the early contributors of the community with no blatant benefits and duties. So random that it has fogged the eyes.

### **💵 The benefits**

By joining the Genesis community, you can….

-   Shine your name on the weekly leaderboard.
-   Enable the contribute-to-earn rights.
-   Receive a customized EZ Wallet avatar.
-   Higher chance to be one of the next advocates ([See the details](https://ezwallet.medium.com/ez-wallet-advocates-program-2-0-the-professional-d74161404e84)).
-   Random giveaways.
-   Create your own guild in the EZ community.

### **📈 The numbers**

From 20 OGs only, we now expand it into 60 (maybe more) cool and handpicked members to join the Genesis community.

## **✨ What makes Genesis?**

To pursue the role of Genesis, you will need to reach these requirements:

-   Reach at least level 15 in the community (chating, vibing, meme-sharing)
-   Show your passion for EZ Wallet on social media (Twitter, Discord, Medium)
-   Own one (1) EZ Wallet custom avatar by joining the monthly events.

## About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series by EZ Wallet. We’re set for something different this time, called 👹 The Genesis. So what is Genesis, and why should you join the EZ Wallet community and become one? Let’s dive in!

EZ Wallet 101- The Genesis.png

EZ Wallet 101: The Genesis

> Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about NFT and how they work, and how the transactional costs are calculated when working on the blockchain.

**⛽ What is Gas?**

Even though blockchains work in a decentralized manner, nothing is free, and blockchains have to find a way to reward the network that operates and verifies transactions. The advantage of decentralized technology is that even though there is a cost because it works in a decentralized way, validators can earn for operating the network but don’t have a centralized authority to gouge and overcharge the same way banks and other networks do.

On the Ethereum blockchain, gas is the fee needed to successfully transact a contract on the platform. The gas then pays the validators a fee to cover the resources needed to run the network, with the price of gas being determined by supply, demand, and network traffic at the time of a transaction.

![EZ Wallet 101- Gas Fee, Gas Limit and Gas Price- Understanding Transactional Costs on the Blockchain.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676531969/EZ_Wallet_101_Gas_Fee_Gas_Limit_and_Gas_Price_Understanding_Transactional_Costs_on_the_Blockchain_3cf0acbd7a.webp)

**What is a Gas Fee?**

**💸 What is a Gas Fee?**

The gas fee is what you pay to transact on Ethereum, with the gas fee being comprised of two things:

-   **Gas Limit:**  The maximum amount of gas you’re willing to pay to transact.
-   **Gas Price:**  The amount you want to pay per unit of gay as a fee.

The cost of transacting is set automatically by Ethereum. Even if you set your Gas Limit very high, you will only be charged for the actual computational costs. Gas price on the other hand often fluctuates depending on how busy the network is. When you set a higher Gas Price, your transaction will be processed sooner. The lower a user estimates their Gas Limit, the lower priority that transaction will receive. The Ethereum validators then are awarded this fee for staking their ether and verifying new blocks on the chain.

**🔗 Gas Fee and NFT**

Despite growing competition, Ethereum remains the most dominant blockchain when it comes to NFT. It has some of the most popular NFT projects (BYAC and Cryptopunks), NFT artists (Pak and Beeple) and NFT marketplaces (OpenSea).

Gas fees, therefore, are a very important part of NFT investing and selling since all transactions on the blockchain need transactional costs. Previously, Ethereum required exorbitant amounts of energy to operate, using the proof-of-work consensus mechanism. This meant that gas prices fluctuated unpredictably, at times being cheap and efficient, and at other times making transacting on Ethereum cost prohibitive. This led to the monumental yet complicated “Merge” in which Ethereum switched over to a proof-of-stake concept to help alleviate gas fees by lowering energy consumption (by 99%!). Regardless, anyone transacting on Ethereum needs to understand the transactional costs of working with one of the leading global blockchains, allowing users to maximize their investments.

**🌟 EZ Wallet and Gas Limit Recommendation**

EZ Wallet is a new type of crypto wallet, one that provides an easy-to-use interface that provides beginners with the tools they need to start investing, with advanced features veteran traders need. One such feature is the “Gas Fee Recommendation.” This advanced feature analyses the network and traffic patterns, allowing users to maximize trading profits by taking gas recommendations from EZ. This allows traders to find the buy times to transact on the network, without spending unneeded time calculating costs. This is just one of the ways EZ Wallet is working to make crypto trading more effective in ways every type of user can understand.

What do you think about today’s post? Don’t hesitate to comment and share your thoughts, and stay tuned for the upcoming post!

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

 Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about NFTs and how they work, and how the transactional costs are calculated when working on the blockchain.

EZ Wallet 101- Gas Fee, Gas Limit and Gas Price- Understanding Transactional Costs on the Blockchain.webp

EZ Wallet 101: Gas Fee, Gas Limit and Gas Price: Understanding Transactional Costs on the Blockchain


> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this article, we will learn more about NFTs and how the NFT market works. Additionally, you will see how NFT integration is a feature every investor should watch out for.

![EZ Wallet 101- Surviving the Bear Market — Finding the Floor Price in Uncertain Times.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676531802/EZ_Wallet_101_Surviving_the_Bear_Market_Finding_the_Floor_Price_in_Uncertain_Times_8557542f7b.webp)

## **🤲 What type of hands do you have?**

It’s a common adage in finance, that even though profits are earned during a bull cycle, it is during a bear market that the most profitable investments are made. Crypto markets are known for huge fluctuations. It’s a new technology that still hasn’t reached mass adoption. The invention of new ways to create value and new forms of digital currency takes a lot of faith, as completely new economic systems are created to find better alternatives to fiat currency.

Crypto maxi’s looking to create stability in the market often use the terms ‘paper hands’ and ‘diamond hands’ to represent long-term investors that believe the crypto market is just beginning, thus investors need to hold long positions in crypto as the market goes through growing pains. Investors that hold their positions even though crypto bear markets are said to have diamond hands are unbreakable in their conviction that crypto still has room to grow.

The current market conditions are increasingly confusing for crypto investors. Granted the market is in a bear market, but so is every other market, from commodities, and equities to bonds. The “everything bubble” is popping and the speculative nature of crypto has left the market unsure of future momentum.

## **💸 Finding the floor price in crypto markets**

So, what is the floor price? In simple terms, it is the lowest price any NFT can be sold for in a certain collection. The initial floor price is set by the market along with the rarity and desirability of the NFT being sold. The more popular an NFT project gets, the higher its floor price tends to trend. A sudden reduction in floor price may suggest that an NFT project is losing traction, as ultimately like any economic market, NFTs are determined by supply and demand.

Determining this value in the crypto market is difficult, as many crypto enthusiasts still believe the market cap of crypto is highly undervalued compared to its use case value. Investors are willing to digest a turbulent market are set to profit considerably from ‘diamond’ hand investors when the overall global economy recovers.

## **🧩 NFT integration**

With EZ Wallet’s NFT integration feature, NFT will make crypto transacting easier. This feature allows users to clearly have confidence in who they are sending to through their NFT virtual identity. Additionally, the use of NFT domains can help remove the need for hard-to-remember wallet addresses, giving investors an easy-to-remember NFT domain for users to transact with.

Ultimately determining a speculative market such as NFT can be difficult, but the technology is continually being used in new ways that open up new opportunities for NFT markets to grow.

## **📌 Conclusion**

No one has a crystal ball for the future of financial markets. Unexpected events, new government regulations, and market sentiment can change at any moment. Nevertheless, investors need due diligence in understanding emerging technologies, and all the ways they are changing the way people invest. The NFT market is only about 5 years old, and as the NFT market deals with its first major correction after the global crypto viral explosion of the past few years, those who can follow the trends and find the floor price in these uncertain times will fare best going forward.

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this article, we will learn more about NFTs and how the NFT market works. Additionally, you will see how NFT integration is a feature every investor should watch out for.

EZ Wallet 101- Surviving the Bear Market — Finding the Floor Price in Uncertain Times.webp

EZ Wallet 101: Surviving the Bear Market — Finding the Floor Price in Uncertain Times


> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road.

The advent of the Metaverse has been transformative for many industries, although not without it’s bumps along the way (thanks Mr. Zuckerberg). The trajectory the Metaverse will take in being a part of people’s lives is hard to predict, as it’s still in its infancy. Even before the rise of crypto and decentralized technologies, virtual spaces, gaming, and online communities have increasingly become an important part of everyday life. Everything from the rise of social media platforms to online gaming communities has brought two very important facts to the forefront. Specifically, virtual spaces and virtual identities are important to many people, and increasingly, people want ownership over these spaces and their digital assets.

![EZ Wallet 101- What is Virtual Land NFT?.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676531655/EZ_Wallet_101_What_is_Virtual_Land_NFT_06579616ff.webp)

What is Virtual Land NFT?

## 📈  **The Rise of NFT Gaming**

An NFT is simply unique digital data that can be written to the blockchain on a non-fungible token. Whereas currency is meant to be interchangeable, NFT uses blockchain to verify that which is NOT interchangeable. When discussing NFT’s role in gaming, one probably thinks about their character and cosmetics. In-game monetization has been a hot-button topic for quite some time, with many calling game companies use of them as exploitative, often taking advantage of their younger demographics. The most egregious example of recent is Dialo Immortal, which some players have estimated could cost $300,000-$600,00 to max out a single character.

The system is clearly exploitive, with many game studios catering to e-sports whales and streamers to generate max profit without regard for everyday players. This has led to the rise of NFT gaming, as more and more players want to have real ownership of their in-game assets. The most important assets to players are their character and character cosmetics, as these are how they represent themselves in the digital world. But can the concepts of decentralization and ownership go further? This is where NFT virtual land comes into play!

## 🌄  **What is NFT Virtual Land?**

NFT land is virtual, ownable digital land inside the Metaverse. In the same way that NFT technology can be used to verify ownership of other digital assets, NFT land is ownable and unique. It can be bought, sold and traded on the NFT market just like any other NFT. Popular NFT land platforms include The Sandbox and Decentraland. NFT land gives owners a variety of unique utilities, and the value of most NFT land is directly related to its utility within the Metaverse. Let’s take a look at some of the utility features of NFT land and how they can expand the capabilities of the Metaverse for users.

## 🕵️  **What Can I Do With My Virtual Land NFT?**

Virtual land has some specific features that make them unique among NFTs used in the Metaverse.

**Socializing:** People love going to live events, and NFT land can be used to host your own virtual events, including concerts or conferences.

**Advertising:** Advertising investment is always available for high-traffic areas. Many YouTubers earn more than reputable cable networks because they pull in so many viewers. NFT land can be leveraged to gain advertising revenue if your land is in a popular or frequently visited area of the Metaverse.

**Communication:** Virtual spaces have many utilities that don’t always have to be profitable. NFT land can be used for virtual concerts, or simply as a space for you and your friends or business. In-person meetings are often more productive than Zoom calls because of the in-person interactivity and nuance. Imagine being able to hold a virtual meeting that can replicate in-person meetings without the hassle of traveling.

**Gaming:** Many games that sell NFT land give landowners special privileges. In particular, many games offer in-game currency or resources that can be gathered or farmed using your new property.

## **📌 Conclusion**

Currently, it’s hard to know which virtual worlds will become popular and which ones will die out. Nevertheless, NFT land ownership can give game players and investors special advantages. Whether you’re looking to simply farm as many resources as you can for a certain game, or create the perfect virtual reality space for you and your across-world friends to hang out in, NFT Land will play an important role in the future of the Metaverse.

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down the crypto road.

EZ Wallet 101- What is Virtual Land NFT?.webp

EZ Wallet 101: What is Virtual Land NFT?


> _Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road._

NFT technology creates a new layer of verification for a variety of industries by using non-fungible tokens to represent a physical or digital asset, verified by the immutable nature of blockchain technology. Not only can this be used to verify art, which has dominated the NFT market, but can also be used for other types of collectibles as well.

Autographs, trading cards, and sports cards are a few collectible markets whose future value can be hard to predict, and even harder to verify. Yu-Gi-Oh!, Magic the Gathering, and Pokemon are just a few examples of trading card games whose valuations have skyrocketed over the years, with many top cards selling for thousands of dollars, with some reaching into the millions. Autographs are even harder to verify since they are the most easily replicable. The size and demand of many of these collectibles can make them great investments, but also incredibly risky. Logan Paul, a famous YouTuber,  [spent $3.5 million](https://youtu.be/i8lmQ5Ls6bw)  to get a case of first-edition Pokemon booster boxes, only to find out it was fake, even after the Baseball Card Exchange had verified the case.

![EZ Wallet 101- What are NFT Collectible Items:Trading Cards?.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676531513/EZ_Wallet_101_What_are_NFT_Collectible_Items_Trading_Cards_27e026a3f6.webp)

**⛔ NFT Prevent Counterfeiting**

Anti-counterfeiting techniques can be costly and not effective in many of these cases, often leading buyers to trust sellers that their sealed box is actually an original plastic seal. Not a very effective way to increase trust in the marketplace. The risk of counterfeiting alone can impact the overall market of trading cards, and create distrust among traders, sellers, and buyers.

NFTs on the other hand are unique digital tokens that cannot be replicated or copied, and that are verifiable by the decentralized nature of a blockchain ledger. Blockchain technology allows for a trustless system, where no third party is needed to verify. This works in both non-fungible and fungible systems. Currently, around 19.07 million bitcoin have been mined, and since each coin is part of a trustless decentralized system, you cannot counterfeit a bitcoin since the provable chain of custody tracks the entire system. The same goes for NFT.

**💸 Investing in NFT Trading Cards**

NFT technology brings a whole new level of possibility when dealing with trading cards, while still preserving some of their core gaming functions. A trading card game is a type of card game that mixes strategic deck-building elements with features of trading cards. Axie Infinity, a popular NFT game, allows players to enhance their pet Axies skills using cards that enhance their skills. Could this be the future of many tabletop games such as Magic the Gathering or Yu-Gi-Oh?

Autograph.io is an NFT trading card company that focuses on athletes, with some top names like Tom Brady, Derek Jeter, Usain Bolt, Tiger Woods, and more. These “unique digital collections and experiences” often feature animations with special community privileges for owners, taking sports card collecting to the next level. These are just a few examples of how the trading card industry is continually adapting to work with blockchain technology to make the market safer for investors.

**📌 Conclusion**

Investing in collectibles can be a risky investment, with many fakes circulating by highly skilled counterfeiters. NFT collectibles and trading cards reinstill trust in the market and thus increases value by removing bad faith sellers and investors completely. No longer do investors need to spend extra money to prove verification every time the item is resold, as just like any NFT, the sales history is easily trackable and contained within the NFT.

Additionally, NFT trading cards can reach larger markets since they are easily transferable and sellable on global NFT markets, whereas many collectibles have smaller niche markets that are inaccessible to those outside of those markets. NFT collectibles need to both be verifiable, but also provide the same gameplay experience. Ultimately the success of NFT trading cards and collectibles will rely on how well they can adapt to creating the same fun experiences, usability, and tradeability. Nevertheless, the immutable nature of the blockchain means this industry, which is ripe with scams, fakes, and counterfeits can bring the most value to its investors by removing the largest issue collectors fact through trustless verification to every owner.

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_


Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down the crypto road.

EZ Wallet 101- What are NFT Collectible Items:Trading Cards?.webp

EZ Wallet 101: What are NFT Collectible Items/Trading Cards?


> _Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road._

Even before the evolution of Web3 took ownership of digital assets to the next level, digital asset that has long been bought, sold and traded even in the Web2 world, are domain names. Many large companies that adopt their online presence too late or develop a new product, have to shell out big bucks to buy the domain for their brand. For example, when Apple developed their iCloud service, they had to pay Swedish company Xcerion $4.5 million for the use of the domain iCloud.com.

It’s a lucrative business reselling popular domain names, the most lucrative sale ever being Business.com which sold for $345 million in 2007. In an SEC filing Cars.com owner, Gannet Co. estimated the value of their domain to be worth around $875 million. But there is a caveat, in order to maintain ownership of a web2 domain, owners have to pay registration fees and ensure that all of their contact information is up to date.

![EZ Wallet 101- What is an NFT Domain?.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676531326/EZ_Wallet_101_What_is_an_NFT_Domain_f6a53f78c2.webp)

## 📧  **NFT Domains**

NFT domains are domains that live on the blockchain and give users complete ownership over their stored data. Much like cryptocurrency is doing in removing the banks' dominance over currency markets, NFTs are working to empower user ownership of digital assets. So how exactly does an NFT domain work, and what advantages do they offer compared to the old model?

## ⁉ ️**How NFT Domains are Different**

The first and most important feature of an NFT domain is that much like any NFT, it is uniquely yours. Owners can buy, sell or trade their NFT domain freely, or simply hold it like an investment. There are no additional registration fees.

Next, NFT domains allow you to send and receive cryptocurrency and tokens. One big hurdle in the crypto space is the often confusing and hard-to-remember standard wallet address. With an NFT domain, instead of having a wallet address as a random string of numbers and letters, users can get something that is easy to remember**.**

Additionally, just like regular domains, users can type NFT domains into their browser and see a website’s content, except this content fully belongs to the owner of said domain!

## 👍  **Types of NFT Domains**

Much like the Web2 world, domain users have a variety of choices, some of which are more popular and thus more expensive. In the Web2 world, .com is king. For NFT domains, they typically use the following types:

-   .nft (more expensive than others)
-   .crypto (more expensive than others)
-   .bitcoin
-   .blockchain
-   .x

## 🔗  **Pros and Cons of NFT Domains**

**Pros:**

-   Simplifies crypto transactions by replacing hard-to-remember wallet addresses.
-   Fully own and control your domain, forever!
-   Content used in your domain fully belongs to you.
-   Easily host and create websites.
-   Login to applications with your domain name as your Web3 username.
-   You can access DApps using your domain.

**Cons:**

-   .Com still king of domains
-   Not all browsers will have access to NFT domains
-   Might be confused with the NFT art market
-   A lost NFT is hard to retrieve

## **🌟 How to Purchase an NFT Domain**

**Step 1: Find an NFT domain marketplace**

Similar to other NFT marketplaces, but focused on NFT domains. Unstoppable Domains and Trust Domains are a few popular markets.

**Step 2: Pick your extension**

Find the extension that best fits your website or content, like .crypto, .nft, .dao, or .bitcoin.

**Step 3: Purchase**

Make your payment to finalize your purchase. NFT Domains require a one-time purchase payment. After that, that domain belongs to you forever!

## **📌 Conclusion**

As web users seek to reclaim their ownership in the digital world, NFT domains will become a huge part of that. Whereas most people use cloud platforms like Facebook, YouTube, and Tik Tok, NFT Domains allow users to create content, and share it with the world, but maintain ownership of all they create. The current system allows users to leverage a platform to grow their brand, but ultimately most contents shared on these platforms belong to the platforms, paying a small advertising royalty to the creator.

NFT domains create a unique space where Web3 creators can easily share and distribute their content, without losing ownership, including professional websites that work much like the web2 internet. Web platforms have allowed tons of new creators to emerge and prosper, but the continual push and pull of censorship and fair monetization prove that a better system is needed!

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road

EZ Wallet 101- What is an NFT Domain?.webp

EZ Wallet 101: What is an NFT Domain?


Community is a huge part of the crypto movement. Web3 empowers users to have a more active role in the system, and earn from their participation. But if the entirety of Web3 was miners and validators, it wouldn’t have the transformative potential it has today.

Outside of the technical aspects of crypto, many crypto communities offer other opportunities to earn and be part of the community. Crypto projects have a multitude of needs including marketing, content creation and online moderation, and members actively seeking to grow within a community can join the community and seek benefits.

Today we’ll be looking at two different ways that community members and crypto holders can benefit in the form of  **Airdrops**  and  **Crypto Bounties**.

![EZ Wallet 101- Airdrops and Bounties- What are the key differences?.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676530918/EZ_Wallet_101_Airdrops_and_Bounties_What_are_the_key_differences_4d73b5f333.webp)

Airdrops and Bounties: What are the key diffrences

## 🪂 Airdrops

Like the literal term, a crypto airdrop is a marketing strategy by which free coins or tokens are sent to recipients for free, or in exchange for a very small task. The goal of a crypto airdrop is to help with the promotion of your community and diversify the circulation of new crypto. For example, when OmiseGo released their OMG token in 2017, anyone who held Ethereum received OMG tokens for free directly into their wallet.

Bored Ape Yacht Club, the famous NFT collection, did something similar. Upon the release of their official token, ApeCoin, 150 million tokens were distributed to holders of BAYC NFT. This meant NFT holders not only held the value of their NFT but were literally airdropped up to 10,950 APE coins, worth thousands of dollars upon issuing, just for having a Bored Ape NFT. Although some airdrops are completely free, others require a small task to receive, usually something that promotes engagement like joining the communities official Twitter or another social media platform.

## **📌 Crypto Bounties**

In the same way a bounty hunter has to track down his target, Crypto bounties require more work than an airdrop. These are tasks and jobs that community members have to complete in order to receive a token reward. The tasks performed depend on each community. For example, a common bounty is to offer “bug bounties,” offering rewards for users who find vulnerabilities in the coding of the project. These can be highly technical and require expertise, but the rewards can far outweigh a standard airdrop. For example, one programmer was able to find a security flaw in Coinbase and received a $30,000 reward bounty for their effort.

Technical bounties are not the only type of bounty community members can earn. Many projects need extensive help with marketing, brand recognition, exposure, and networking. Crypto bounties allow the community to reward the members that expand the brand name through things like; networking, social media campaigns, content contests, etc.

## **🌟 Comparison**

Airdrops and Bounties are two great ways to begin interacting within your favorite crypto community, with each benefiting a key area of Crypto. First, airdrops allow crypto to spread to new users, diversifying its token base, and offering random rewards for holders. Airdrops are also a smart marketing technique as they require little effort, but promote your work effectively. Airdrop recipients often do not need to do anything more than joining a social media platform, hold a certain token or NFT, and can receive their airdropped prize. Bounties make sure the community is engaged and has enough moderation/content to keep the community healthy and attractive to new users. Whereas older systems like YouTube or Tik Tok own your content, use it to their advantage, and then give you a very small % of ad revenue, Bounties offer Crypto communities a direct way to create and benefit the community and earn for doing so.

## 📝 About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## 👉 Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

Community is a huge part of the crypto movement. Web3 empowers users to have a more active role in the system, and earn from their participation. But if the entirety of Web3 was miners and validators, it wouldn’t have the transformative potential it has today.

EZ Wallet 101- Airdrops and Bounties- What are the key differences?.webp

EZ Wallet 101: Airdrops and Bounties: What are the key differences?


> Welcome back to EZ Wallet 101, where we share the foundations about blockchain technology, web3 and crypto. As mentioned on twitter, this week, we will be focusing on NFT tech. To begin, let’s detail the process needed to start creating your own NFT!

![EZ Wallet 101-How To Create Your Own NFT Collection?.png](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676530368/EZ_Wallet_101_How_To_Create_Your_Own_NFT_Collection_524a200e63.png)

NFTs strike a careful balance between convenience and ownership, and much like wallets (see custodial vs non-custodial), some of the most well-known systems in this situation aren’t as decentralized as you might expect.

The first important term to know is “minting”. This refers to the process of making a new NFT by introducing data to the blockchain, creating a detailed record transaction that is recorded forever.

There are a few different ways to mint your works, and most NFT markets will give you their unique spin on minting. Here are a handful of the most well-known instances to help demonstrate this:

### **1️⃣ First Method**

The Wyvern protocol, developed by Opensea, is the gold standard for NFT contracts and enables transfers, editions, and auctions for your NFT. The closest Web3 counterpart to a site like Amazon is this site, where you can buy and sell anything from art to collectibles to virtual real estate.

Its major drawback is not immediately apparent; for example, Opensea’s contract occasionally has certain limitations on what you can do with your NFT, such as advertising it in other markets. However, because it is the most widely used choice, it is frequently compatible with most Web3 services.

### **2️⃣ Second Method**

Foundation, Known Origin, and Superare are some of the most innovative and developed NFT markets. These platforms have varying degrees of access-gating and curation, so only exceptional artists are likely to sell their work here. By establishing their own contracts or minting their tokens straight to the blockchain rather than first going through another server like in the case of Opensea, they are also taking some fascinating moves toward achieving true artistic freedom.

### **3️⃣ Third Method**

The NFT scene has recently seen the emergence of Manifold Studio. To get over the limitations of NFT markets, they want to provide rapid and simple access for any artist to build their own smart contracts. The artist maintains their royalties and has complete control over where their NFTs are marketed, making this option one of the finest available. The benefits of having your own contract will only increase as more individuals participate in the project, and this service continues to improve.

### **4️⃣ Fourth Method**

Zora goes above and beyond the previous platforms. Helping you mint your work is one thing, but taking a huge wager on providing the most comprehensive set of resources for artists, collectors, and curators is quite another. Zora uses a similar minting strategy to Foundation and Known Origin. Still, their contracts constantly expand and offer curator royalties, multi-marketplace displays, and even the option to build your own NFT marketplace using an open-source back-end.

## 🛂 Conclusion:

Great art, a great community, and real-world problem solving utility is all a project needs to turn out right. Wherever you decide to have your artwork sold and marketed, make sure you understand the technical process and limitations with each platform to maximize your results and achieve your goals.

## **Follow EZ Wallet On Social Media**

_(Cause it’s free!)_

[_Twitter_](https://twitter.com/EZWalletHQ) _|_ [_Discord_](https://discord.gg/Dhc4dKTdjE) _|_ [_Newsletter_](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

Welcome back to EZ Wallet 101, where we share the foundations about blockchain technology, web3 and crypto. As mentioned on twitter, this week, we will be focusing on NFT tech. To begin, let’s detail the process needed to start creating your own NFT!

EZ Wallet 101-How To Create Your Own NFT Collection?.png

EZ Wallet 101: How To Create Your Own NFT Collection?


This article will help you understand what an NFT Marketplace is, what specific types of NFT the different marketplaces sell, and how to sell on one.

NFT have become one of the most viral, complex, and misunderstood terms when it comes to the crypto market and blockchain technology.  **At its core, NFT are simply unique digital tokens that store information.** This information is considered more secure and verifiable due to the decentralized nature of the blockchain. NFT are therefore used for a variety of reasons including; music, art, collectibles, fashion, medicine, commerce, and any industry that can benefit from providing verifiable goods or information. But how exactly does one enter the NFT market, and what are the differences between specific marketplaces?

![EZ Wallet 101- A detailed look at the 3 types of NFT Marketplace.webp](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676530670/EZ_Wallet_101_A_detailed_look_at_the_3_types_of_NFT_Marketplace_c4e72f3e20.webp)

3 types of NFT Marketplace

**💡 What is an NFT Marketplace?**

Ultimately NFT have to be looked at in two ways; as a  **vehicle for investment**  and as a  **technological tool**. As a tool, NFT have proven to have real world value in a variety of industries and applications. No matter how controversial the NFT market is, the truth remains, the use of NFT as a store of verifiable data and record is a game changer. The more controversial aspects of NFT come from their use as a store of value, often for art which is by its nature, subjective and prone to fluctuation.

**An NFT marketplace is simply any platform that users can create, trade, and collect NFTs.**  Much like the crypto market, users need to look at the total value of the market (TVL), trading volume, and community to help determine the value and demand for certain types of NFT. In addition, what is the source of the NFT, is it related to NFT gaming, the product of a famous or upcoming digital artist, or simply a viral NFT collection that is getting hyped by the crypto community as a whole.

**👀 How to use an NFT Marketplace?**

Anyone can enter the NFT marketplace by:

1.  Creating a new account on the specified marketplace
2.  Connecting your crypto wallet to your account
3.  Creating NFTs that you want to list in the marketplace
4.  Listing your NFT for sale

**🤩 What type of NFT Marketplace is right for you?**

There are 3 types of NFT Marketplace;  **General NFT Marketplace**,  **Exclusive NFT Marketplace**, and  **Specific NFT Marketplace**. Any NFT creator or investor needs to understand each market and how they are different, both in terms of what type of NFT each marketplace is used for, as well as which specific platforms within those 3 categories is the best place to list your NFT.

**💥 General NFT Marketplace**

Most NFT will be sold on General NFT Marketplaces, since all types of NFTs can be sold on this platform. General NFT Marketplaces have large volumes and cater to the majority of users so they are the most popular type of NFT marketplace. The advantage of listing on this type of market is that your NFT will get the most exposure, thus a variety of users can use it including NFT creators, game studios, and NFT collectors/buyers.

OpenSea, the most popular NFT market, is an example of a General NFT Marketplace. Other examples include; MagicEden, Binance NFT, and ImmutableX.

**🎨 Exclusive NFT Marketplace**

An Exclusive NFT Marketplace is a market whose NFT are exclusive to a particular artist or limited by a low quantity on release. Think of it like a fancy auction that anyone can join, but whose audience is mostly wealthy investors and speculative buyers. Whereas a General NFT Marketplace is the Walmart of the NFT space, where every type of NFT is sold to a mass audience at a variety of prices, Exclusive NFT Marketplaces look for niche markets and buyers looking for rare and highly collectible NFT released in limited quantities.

The main problem that arises with this market is the lack of liquidity. The limited nature of the NFT collections creates value, but the target audience will therefore also be smaller. For example, if you are Apple and make iPhones, you make a product for a global market that is trying to sell to as many customers as you can. The item is common and generally affordable, so the market is bigger. Now if you own the Mona Lisa and are trying to sell it, the market is completely different. You’re looking for someone who can spend 500 million USD to buy one painting, so the market will be very small, but since the Mona Lisa is so rare, the investment will hold its value better than an iPhone. Exclusive NFT markets work in the same fashion.

SuperRare, KnownOrigin, and Foundation are a few examples of popular Exclusive NFT Marketplaces.

**🎮 Specific NFT Marketplace**

Specific NFT Marketplaces sell to a specific market exclusively. It can be used for any specific type of NFT including music, videos, or gaming NFT. NFT gaming is the best example of Specific NFT Marketplaces, as they often have enough users focused on one specific game to create a viable and sustainable market. By limiting the market to one specific form of NFT, Specific NFT Marketplaces are more convenient for users to trade assets. This type of market also allows users to track the shifts in the market more easily as the market economics deal specifically with one ecosystem of NFT.

The main disadvantage to Specific NFT Marketplaces is that since it is the most niche form of NFT market, the game or community it is centered around needs to have enough users to generate a free and healthy market system.

**In Conclusion**

NFT continue to be one of the most misunderstood aspects of Crypto. Whereas newbies and non-crypto enthusiasts often portray them as overpriced pieces of digital art, NFT is simply a technology used to verify digital goods. Truth is just like art, there are markets that are overpriced, some are undervalued, and everything in between. And just like art, the value is hard to truly determine, ultimately being at the will of the market the NFT is being sold in.

Determining where to sell your NFT can be just as important as the item itself. If you had an antique that was an important part of Asian History, you might not choose to auction it off in South America, for it might not fetch its true market value. Understanding NFT marketplaces is just as crucial for NFT creators and game studios in maximizing their sales and creating long lasting value by targeting the correct market and audience.

## Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[_Twitter_](https://twitter.com/EZWalletHQ) _|_ [_Discord_](https://discord.gg/Dhc4dKTdjE) _|_ [_Newsletter_](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

This article will help you understand what an NFT Marketplace is, what specific types of NFT the different marketplaces sell, and how to sell on one.

EZ Wallet 101- A detailed look at the 3 types of NFT Marketplace.webp

EZ Wallet 101: A detailed look at the 3 types of NFT Marketplace


> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about NFTs and how it works. Additionally, you will see how NFTs Integration can be a thing you should have under your radar.

![EZ Wallet 101- NFTs Integration.png](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676530498/EZ_Wallet_101_NF_Ts_Integration_c1c6b4842e.png)

## What is an NFTs

Well simplest to explain, NFT — Non-fungible token can be anything in digital form. It can be a digital image, a piece of music, a tweet or even a test that is uploaded on a website. Things can be variable with NFTs nowadays.

This implies that a person may possess a digital file that has been identified using a code to distinguish it from any copies made online.

NFTs give people a way to have clear ownership over digital items. Consider how they’re the same and different from a physical object, like collectible cards (Pokemon, NBA, etc).

NFTs allow people to have a clear ownership over their digital assets. See collectible card as an example, Pokemon, NBA, etc. In real life, you gotta have the physical piece which has to be verified by third parties to show that you are actually owning the original piece. But in terms of NFTs, things run in different ways. Here are some advantages of NFTs

-   Collectible digital items
-   Value changes based on what other people are willing to pay
-   Security feature: unique data added to a digital work
-   You can buy, sell, trade, or give NFTs to anyone online, but a network of computers must verify the trade and the unique data

## So, how does NFTs work?

To start everything, NFTs exist on blockchain, which is a distributed ledger that records transactions.

Specifically, NFTs are typically held on the Ethereum blockchain (or some other chains like BNB, etc.). An NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including: Images, graphics in all kinds, collectibles, game items or skins, sneakers or music.

Tweet can be considered a piece of art when Jack Dorsay sold his first ver tweet as an NFTs for more than $2.9 Millions

NFT holders also receive exclusive ownership rights. Yes, NFTs can only have one owner at a time. Due to the distinctive data of NFTs, it is simple to confirm ownership and transfer tokens between owners. Additionally, the author or owner may choose to store particular data inside them. As an illustration, artists can sign their work by putting their signature in the metadata of an NFT.

## EZ Wallet NFTs Integration Feature

EZ Wallet integrates NFTs to further verify the transaction authenticity. Aligning with the  [Sending With Confirmation](https://ezwallet.medium.com/ez-wallet-101-sending-with-confirmation-bfcb7ee708bd)  — one of the advanced features of EZ Wallet which allows both sender and receiver to confirm the address is right before sending their crypto by using the EZ Wallet confirmation protocol.

Senders don’t need to micro-analyze every character and digit of the recipient’s wallet address because each NFT has its own distinct attributes and characteristics that make it possible for them to feel secure in who they are sending to. Additionally, it allows the user to showcase their NFT collection and forge a distinctive online image. The EZ Wallet community is engaging, liberal, and crucial to the growth of the project. We appreciate crypto’s pseudonymous features for this reason. We may manage our money while expressing ourselves under our own distinctive and unrestricted crypto pseudonym. And by doing that, everything is more secure!

## **Follow EZ Wallet On Social Media**

_(Cause it’s free!)_

[_Twitter_](https://twitter.com/EZWalletHQ) _|_ [_Discord_](https://discord.gg/Dhc4dKTdjE) _|_ [_Newsletter_](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about NFTs and how it works. Additionally, you will see how NFTs Integration can be a thing you should have under your radar.

EZ Wallet 101- NFTs Integration.png

EZ Wallet 101: NFTs Integration


Within the traditional equity markets, a blue chip stock refers to a company that has an excellent reputation, gained through a long-term proven track record of sound company finance, growth, and long-term returns. Blue chip stocks usually have a market capitalization in the billions and are well-known industry leaders that continually provide value to both investors and consumers. Some examples of the most well-known blue chip companies are: Apple, Boeing, Amazon, IBM, Coca-Cola, Walmart, and Costco.

At the core of the term “blue chip”, is something that is reputable:

1️⃣ Blue chip companies have a proven track record and are dependable in terms of financials.

2️⃣ Blue chip companies are seen as a way to avert risk, able to survive market challenges of many kinds.

3️⃣ Have an established brand identity and are seen as a leader in their specific sector.

## What is a blue chip NFT?

A blue-chip NFT is an NFT from a project that is established, stable, and considered to be a good long-term investment. They are considered to be a safer way to enter the NFT market since they have more stability and predictability in their price movement.

But how does one truly determine which NFT can be classified as Blue Chip NFT when the NFT market is itself still quite speculative without an established history to reflect upon? In this article, we’ll look at what constitutes a Blue Chip NFT and what characteristics should be considered when entering such a new and ever-changing market.

### 📊  **A proven track record**

The largest hurdle in determining a Blue Chip NFT is simply the short history of the market. Whereas the bond and stock markets have decades, if not centuries of history, to determine reliability, NFT technology is a new and emerging market, and even the most established NFT projects such as CryptoPunks were only released as recently as 2017. Although we can use many of the same determinations to classify Blue Chip NFT as we do Blue Chip stocks or bonds, there are some key differences.

First, as previously mentioned, a lack of historical data for said project. In addition, the technology involved in the Crypto space is radically different from that of a traditional centralized company. Whereas a company might be mostly reliant on its management, R&D department, or CEO, crypto communities evolve in a more decentralized way. This means the community as a whole has more sway in the direction of that project moving forward, for better or worse. Since there is a short history to draw from, let’s take a look at some of the factors investors need to use when determining the quality of an NFT project.

### 😎 **Branding**

There is a reason Coca-cola spends over 4 billion dollars a year just on advertising. They could probably take a year off of any advertising and see no drop in annual sales, so why the never-ending onslaught of advertising? Coca-cola knows that just because you are on top, you are not guaranteed to stay there. It is one of the first large cola brands, making them historically significant, so much so that if you go to a restaurant and want a soda, you’re very likely just to assume they have either Coca-cola or Pepsi.

Blue Chip NFT need branding that makes them historically significant with strong cultural relevance. No matter where on earth you buy a coke, you’re likely to get a product that has a similar taste and standard of quality. Blue Chip stocks often are determined by their ability to satisfy their investors and stockholders, providing long-term returns for those that are long-term investors. CryptoPunks was able to establish itself simply because of how early that project came to the NFT space. Dogecoin is considered to have poor crypto tokenomics but has become a leading crypto simply from their use of a meme dog figure as their branding. NFT projects like Bored Ape Yacht Club and Cool Cats use similar branding to create projects that people like simply for their aesthetic and community culture.

### 🤠 Reputation

Who represents your brand is another critical factor. Every year sports athletes and actors receive millions of dollars in endorsements. The idea is simple, this person has proven their reputation on the playing field or movie screen, so it’s worth trusting a brand they represent, since representing a lackluster brand would also hurt their branding as an actor or athlete.

Bored Ape Yacht Club gained popularity in 2021; with a very short history, it became very reputable because of who entered the ecosystem.

Celebrities like Paris Hilton, Post Malone, Eminem, Stephen Curry, Snoop Dogg and Justin Bieber are all ape owners, creating a cultural reputation that propelled the project as one of the most successful NFT projects ever.

Project creators are also an important part of an NFTs reputation. Some NFT project creators first came to the NFT community as NFT artists, like Cool Cats. The NFT community saw creators that were truly in the NFT space to innovate and create the type of projects worth supporting.

### 👷 Brand Execution

Ultimately though, the factors above rely heavily on how the project is actually executed. Does it benefit the NFT holders, deliver on its promises or even over-deliver? When Bored Yacht Ape Club decided to make their own token, they promoted the project by airdropping BYAC holders with a free Ape Coin. This meant some NFT holders were basically air-dropped tens of thousands of dollars worth of crypto simply by being a BYAC NFT participant.

The NFT market has some advantages here compared to traditional businesses. A company might replace just one key cog in its management system, but it might hold the power to do something that directly harms the brand. NFT and decentralized NFT communities can help drive brand execution in a more decentralized way, where communities make key decisions about a future road map only through community approval.

## ️🎯 What are Blue Chip NFT will be proven in time

If we all knew what Amazon would’ve become, we would’ve all invested everything we had into it during its IPO. Only the future will tell which projects survive, as the NFT market will eventually streamline, and many projects will go nowhere. Determining blue chip status for any investment is a key tool in determining long-term returns. Much like the established blue chip stocks, a lot of their value is determined by perception instead of intrinsic value. A blue chip is simply a broad classification of trust and reliability, but it is a key term in allowing investor confidence, the foundation of creating a balanced and fair economic market.

️🥅 The goal of creating trustworthy investment options for everyone is important. It allows for NFT, which is seen as a new form of speculative investment, to be seen as something more stable and trustworthy. Now, which NFT projects should be classified as Blue Chip NFT? That is yet to be determined, but those who understand what makes a viable NFT project and are early adopters are certain to prosper.

## About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Twitter](https://twitter.com/EZWalletHQ)  |  [Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)

Within the traditional equity markets, a blue chip stock refers to a company that has an excellent reputation, gained through a long-term proven track record of sound company finance, growth, and long-term returns. Blue chip stocks usually have a market capitalization in the billions and are well-known industry leaders that continually provide value to both investors and consumers. Some examples of the most well-known blue chip companies are: Apple, Boeing, Amazon, IBM, Coca-Cola, Walmart, and Costco.

EZ WALLET 101- What Is Blue Chip NFTs.webp

EZ WALLET 101: What Is Blue Chip NFTs


The term NFT has been famous for the last few years as blockchain technology and crypto adoption has taken off. One could say the term has become famous, others might say it has become infamous. In both the crypto, finance and digital world, few terms are more controversial and polarizing than  **NFT**. But what exactly is an NFT? Do NFT’s deserve love, or vitriol? Is NFT technology a valid and important innovation, or a scam? Let’s dig deeper into the complex and often misunderstood world of NFT!

## **🎴What is an NFT?**

NFT stands for “non-fungible token”. To simplify it, think of an NFT like a trading card that is one of a kind, and that unique trading card is stored on the blockchain. NFTs are unique digital assets that are exchangeable, whose authenticity is validated by the immutable nature of blockchain technology.

## **💻How does it work?**

NFTs are individual tokens with valuable information stored in them. Currently, most NFTs are on the Ethereum chain, a public ledger that records transactions, though other chains have their version of NFTs including Binance and Solana, among others. Each NFT has a market value that is determined by supply and demand, same as any other asset.

The most classic example of an NFT are those used for art, especially pictures, and like their physical counterpart, NFT can be bought and sold. NFT’s uniqueness comes from their ability for ownership verification, item validation, and sale history to be easily verified via the transaction history written to the blockchain.

## **✅The immutable nature of the blockchain**

The main support for the use of NFT technology can always be traced back to the blockchain. Item verification is a crucial part of a number of business transactions. Are you selling a rare piece of art at Sotheby’s? Someone needs to verify that what you’re selling is authentic. Selling a large shipment of machine parts to another business to use in manufacturing? You better believe the receiver is going to want to verify the authenticity and quality of said product.

How important can NFTs become? Let’s crunch some numbers. Currently counterfeit goods account for over 3% of all world trade, with an annual revenue of around 500 billion dollars. Fake and counterfeit items have been a thing since the dawn of time, but  **NFT is the solution**.

For example, imagine you want to buy a new Chanel handbag. They sure are beautiful, and they sure are expensive. A friend down the street offers to sell you her old Chanel handbag at a discount. What a great deal, but since you are not purchasing the item from a verified Chanel seller, how can you really be sure the bag is authentic? Some fakes are so good they can pass an eye test, and counterfeit producers are experts at faking realistic results to fool consumers.

Instead, let’s imagine an alternative scenario: The original buyer buys the Chanel handbag. The physical item exists, but along with the purchase, the buyer is also given an NFT of said bag, validating its serial number, manufacturing date and place of sale. The product now utilizes the validity of blockchain technology to verify the physical item. The bag can now be sold on the secondary market, the NFT can be transferred to a new owner, and the product is still verifiable, and can be bought and sold over and over again without losing credibility as being authentic. Lamborghini’s racing team, for example, has begun using NFTs to authenticate car parts. Now imagine this technology in a field where verification is even more crucial, like surgical items used in life saving healthcare. Overall, using blockchain technology to validate real goods through NFT verification remains one of its strongest features.

Digital goods are even more credible when backed up by NFT technology since there is no risk of counterfeit, as the digital goods are tied to the NFT. Increasingly consumers don’t just want to show off what they own in the real world, but in their digital persona’s as well. A great example of this is the use of the Bored Yacht Ape Club NFT for personal avatars among crypto enthusiasts.

As the world becomes more virtual and digital assets become more prevalent, NFTs will be an important part of digital commerce in a variety of industries. Let’s take a look at some of the ways we can use NFT.

## **🎮What are NFT used for?**

-   **Digital Content:** Content creators can use blockchain technology to verify their digital content. Music, art, pictures, video can all be NFT, and sellers can utilize this technology to prove their digital content is authentic, unique, or rare. This also protects small market artists, since their work becomes better protected against counterfeit.
-   **Gaming Items:**  One of the most lucrative business markets currently is video games, and in-game monetization makes video game companies billions each year. People are willing to pay hundreds, if not thousands of dollars for unique in-game items, but ultimately the item still belongs to the manufacturer. The player’s investment is profitable for the company, and not the player. NFTs allow players to seize control of their in-game assets, allowing players to not only customize their game, but profit while doing so.
-   **Manufacturing and data verification:**  Most global trade involves many different centralized corporations trusting each other enough to freely trade goods and data. NFTs streamline this process by making data points decentralized, so verification of produced goods, or shared data can be more reliable.
-   **DNS — Domain Name System:**  NFTs provide you with a domain with an easy to remember name. This works like a website domain name, making it memorable and valuable.

## **🎯Where to start?**

Currently the biggest and most reliable market for NFT is  [OpenSea](https://opensea.io/), though other markets exist, and specific markets exist primarily for one unique form of NFT, for example an NFT auction market specifically for one video game created in-game.

Or, you can start by joining the EZ Wallet community to learn about NFT. With the EZ Wallet Learn-and-Earn center, crypto users have a safe and risk-free place to learn about crypto while earning crypto. The EZ Wallet educational courses offer everything from Crypto 101 to more advanced topics even the most advanced user will be interested in learning about. There you can learn about NFT technology, blockchain, and crypto wallet technology, and get rewarded simply for educating yourself.

**_But someone can just take a screenshot of my NFT and steal it!_**

Sure, this might be true if they want to post your NFT on Facebook, but increasingly there are more creative ways to use your NFT as a visual form of verification. For example, EZ Wallet is integrating an NFT avatar function. This in addition to the “sending with confirmation” function allows users to trust their transaction endpoints without worrying they are sending to a wrong address, as only NFT can be used, and each NFT is unique and non-fungible.

> So…are NFT scams?

The truth is NFT technology is a new technology, and as such, it is a market full of scams, poorly designed concepts and rug-pulls. But even as controversial as the NFT market still remains, one cannot argue against the myriad of ways NFT technology will forever change numerous markets, commerce, collectibles, and our digital landscape.

## About EZ Wallet:

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

## Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

The term NFT has been famous for the last few years as blockchain technology and crypto adoption has taken off. One could say the term has become famous, others might say it has become infamous. In both the crypto, finance and digital world, few terms are more controversial and polarizing than NFT. But what exactly is an NFT? Do NFT’s deserve love, or vitriol? Is NFT technology a valid and important innovation, or a scam? Let’s dig deeper into the complex and often misunderstood world of NFT!

EZ Wallet 101- What is an NFT?.png

EZ Wallet 101: What is an NFT?


Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about the Community Manager role. Who are they, and why are they important for a web3 project?

## **🤔 First stop, let’s talk about who they are.**

Social media has turned the relationship between customers and brands — Which is why the community manager role is vital. Simply put, a community manager is a bridge between customers and IP brands.

The most critical part of this role is that you gotta build up the brand’s personality and customer trust, which can ultimately lead to increased awareness and company performance.

## **😲 But what do they do anyway?**

Well, Community managers can come from a variety of backgrounds. They can come from engineers and human resources to journalism. Anything can make a great CM because being one is not determined by experience. It’s all about the skill.

**_Let’s dive in_**

1️⃣First, a community manager must be knowledgeable about and across the business. They should be able to rely on their experiences with their brand to confidently address their audiences or tap into internal resources to handle any issues that may arise in the community. Beyond a working knowledge of businesses, community managers must also build productive, professional relationships internally and externally to be a more authentic and reliable brand.

2️⃣ Secondly, community managers gotta be extremely adaptable to preserve and promote the brand tone and event. A long checklist is what they have in the morning with all things needed to do daily. This role can sometimes be boring. The opportunity for this role is critical when you can see new faces, chat with them and create a healthy and professional relationship with partners, contributors, and community members.

3️⃣ Beyond having good soft skills, the greatest community managers are always looking into the current hot topics and trends. By keeping up with these issues, community managers can better engage with the right audiences and provide them with the most recent information and best practices.

## **Why are they so important?**

As mentioned above, community managers bridge the gap between customers and brands; in other words, They will be the ones who cover the voice of the brand as well as bring the brand’s image into the everyday stories in the community.

Community managers also document and report the engagement they notice on a minimum of a monthly basis, in addition to the direct connection between the brand and its audience. The community manager team will mainly observe the feedback from the members so that they can assist in determining whether or not followers are perplexed and what sorts of changes they observe in online forums. To engage target audiences the most successfully, some managers claim to have acquired an intuition for the psychology of their audience. As a result, they can adapt and alter their outreach strategy.

Lastly, community managers keep in mind their ideal audience, shaping content and communications to target the right audience rather than simply building a larger one.

Well, if you have read to this point, we bet that you are interested in being the next cool and awesome Community Manager,

## **Here are some ways you can start:**

👉 First Linkedin.

Yes, the old-time way is still effective. No need to be worried about your background, all you need to do is to convince the recruiter to have you on the interview and show them how you’re gonna make their community active and be able to build up the culture.

👉 Secondly, send your favorite brand an email or message.

Well, this way has been proven to work thousands of times by doing that, you are showing that you can solve the problem that those brands are having.

👉 Last but not least, become an ambassador.

Yes, even Binance, one of the world’s leading web3 brands, has its own ambassadors program called Binance Angel, which will allow you to gain via your contribution to the project’s growth. And right now, EZ Wallet is opening up the form for community members to apply for the Advocates Program 2.0, so you might wanna check it out  [here.](https://ezwallet.medium.com/ez-wallet-advocates-program-2-0-the-professional-d74161404e84)

If you are interested in content like this, give us a follow and a clap; we will see you guys in the next one.

## **_Follow EZ Wallet On Social Media_**

_(Cause it’s free!)_

[_Twitter_](https://twitter.com/EZWalletHQ) _|_ [_Discord_](https://discord.gg/Dhc4dKTdjE) _|_ [_Newsletter_](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this article, you will learn more about the Community Manager role. Who are they, and why are they important for a web3 project?

EZ Wallet 101- What is a Community Manager?.png

EZ Wallet 101: What is a Community Manager?


> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road.

![EZ Wallet 101- Sending with Confirmation.png](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676527026/EZ_Wallet_101_Sending_with_Confirmation_bac87db681.png)

**🎨 Let’s paint a picture.**

You have a bunch of Crypto and want to make a transaction. Let’s say you are trying to send 500 ETH (baller!). The pseudo-anonymity that Crypto provides is something we all love about Crypto, but let’s face it, a wallet address is a long zig zag of numbers that are, quite frankly, impossible to remember or memorize. But what if we could use the pseudonymous nature of Crypto to help us securely and confidently send large transactions?

Truth is, no matter if it’s 500ETH or 2 Doge, all crypto users should feel secure and confident making their transactions. Currently, there are many ways we can “verify” what we’re doing is correct. We can copy and paste the address or type it character by character. But perhaps the most common way is to send a test transaction of a smaller amount and then send the principal in a second transaction.

**📇Send with confirmation adds NFT feature**

Another way of describing pseudo-anonymity is to say you use an alias. EZ Wallet is here to save the day with its newest feature, “sending with confirmation”. With this feature, both sender and receiver must confirm the address is right using the EZ Wallet confirmation protocol. In addition, EZ Wallet is integrating NFTs to further verify the transaction authenticity.

**🧔Identity using your EZ alias**

Each NFT has its own unique traits and characteristics, allowing senders to be confident in who they are sending to without having to micro-analyze every character and digit of their wallet address. Plus, it gives the user a chance to flex their NFT collection and create their unique online persona. The EZ Wallet community is fun and open-minded and an integral part of project development. That’s why we love the pseudonymous nature of crypto. We can take care of all our finances while expressing our unique and uncensored crypto alias. And doing so makes it all more secure!

## Follow EZ Wallet On Social Media

_(Cause it’s free!)_

[_Twitter_](https://twitter.com/EZWalletHQ) _|_ [_Discord_](https://discord.gg/Dhc4dKTdjE) _|_ [_Newsletter_](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series of EZ Wallet. In this one, you will learn more about one of the cool features of the app and how it will become your best friend down on the crypto road.

EZ Wallet 101- Sending with Confirmation.png

EZ Wallet 101: Sending with Confirmation


> Welcome back to EZ Wallet 101, the all and everything Web3 and blockchain series by EZ Wallet. The previous article shared tons of cool informative stuff about DAOs and what makes them different. In this article, you will learn the secrets to finding your way into the DAOs!

![EZ Wallet 101- How to find a DAO to join?.png](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676526619/EZ_Wallet_101_How_to_find_a_DAO_to_join_70e463f90f.png)

The secret ingredient to becoming a DAO Contributor, or someone who works full-time as a core contributor to a project, is to have both on-chain and off-chain credentials.

**🎉  _Here’s some practical advice for breaking in as a contributor. These are our top quick tips._**

## **Active Calls 📞**

DAO’s runners are in a complex network that connects them directly or indirectly. Either way, you can always start to search for those people in their Discord servers. Keep your eyes on the “in-search-of” or “DAO-recruit” channels, where they will list positions you might be interested in to start.

## **Social Media 📱**

You might have seen all the calls or recruit tweets looking for new hires as you surf through tweets. For some DAOs, this is one of the best ways to look for people to fill the needed roles, like social management or developers. The best advice is to check the tweet owner’s profile before reaching out to them. Make sure that you have what it takes to solve their needs.

## **LinkedIn (or Job Board) 💻**

Whether web2 or web3, you can still see all the active recruits on LinkedIn. All you need to do is make sure your CVs look good before submitting them. Another tip is to look for DAO owners on Linkedin. Since this is a professional platform, make sure that you have some cold message tricks up your sleeves.

## **Bounties 💵**

This one is quite slick, but hear us out.

Bounties come when DAO contributors get busy or cannot be contacted when the DAO is in need. That’s when the bounties come in. You can reach out to the owners, offer them what they need, and earn rewards.

## **Ambassadors program 🙋**

The most well-known way to join a Dao is to become an ambassador of the project you like. By becoming one, you can build up your profile as a professional contributor, which comes with cool perks (including rewards).

As this article is being written, the EZ Wallet Advocates program is live and actively looking for people who are interested in being early contributors to the project.

If you are interested in becoming one, check out the articles 👉  [here.](https://ezwallet.medium.com/ez-wallet-advocates-program-2-0-the-professional-d74161404e84)

## **About EZ Wallet:**

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously pushing the boundaries of what advanced features a digital wallet can provide.

**Follow EZ Wallet On Social Media**

_(Cause it’s free!)_

[Newsletter](https://www.getrevue.co/profile/ezwallethq)  |  [Discord](http://discord.gg/H5W63SCWhH)  |  [Twitter](https://twitter.com/EZWalletHQ)

 Welcome back to EZ Wallet 101, the all-and-everything Web3 and blockchain series by EZ Wallet. The previous article shared tons of cool informative stuff about DAOs and what makes them different. In this article, you will learn the secrets to finding your way into the DAOs!

EZ Wallet 101- How to find a DAO to join?.png

EZ Wallet 101: How to find a DAO to join?


## **📚 About EZ Wallet 101**

EZ Wallet is the new rising wave in the crypto world that you don’t wanna miss. We pride ourselves on the product as well as the fantastic community that we have. While chasing all the bright stars in front of us, we also ensure that no one is left behind. That’s the reason why EZ Wallet 101 is back on track.

## **📗 What is the EZ Wallet Learn & Earn Center?**

The EZ Wallet Learn and Earn Center aims to remove the burden of finding relevant and informative crypto education for all types of users. Instead of searching endless google search results that may not be relevant, the center provides an all-in-one education center for all things crypto, with a user-friendly design. The Learn and Earn Center will cover Crypto basics (Crypto 101), more advanced topics, and other courses from the community and other EZ, Wallet partners. So earn as you go, specifically focusing on courses and questions that interest you most!

## **👫 Who are we after?**

The EZ Wallet Learn and Earn Center is for all.

-   Crypto newbies can use it to learn crypto basics (Crypto 101).
-   Veteran users can brush up on Crypto basics and learn about more advanced topics like; smart contracts, zk-rollups, mem pools, etc.

![EZ Wallet 101- What is Learn & Earn Center?.png](https://res.cloudinary.com/dkhzab1zl/image/upload/v1676526400/EZ_Wallet_101_What_is_Learn_and_Earn_Center_ac68e68113.png)

## **About EZ Wallet**

EZ Wallet is on the journey to make crypto more accessible and convenient for everyone, from the crypto newbie to the seasoned crypto vet. The EZ Wallet team is a diverse and dynamic team aiming to create a non-custodial wallet that makes everyone’s journey into the crypto world easier, with a more friendly interface that simplifies the Crypto process while simultaneously

pushing the boundaries of what advanced features a digital wallet can provide.

## **Follow EZ Wallet On Social Media**

(Cause it’s free!)

[Twitter](https://twitter.com/EZWalletHQ)  | [Discord](https://discord.gg/Dhc4dKTdjE)  |  [Newsletter](https://www.getrevue.co/profile/ezwallethq?via=twitter-profile)

EZ Wallet is the new rising wave in the crypto world that you don’t wanna miss. We pride ourselves on the product as well as the fantastic community that we have. While chasing all the bright stars in front of us, we also ensure that no one is left behind. That’s the reason why EZ Wallet 101 is back on track.