FREE eBook by Kim Bellfounder of GWOP Magazine and GWOP University.
“Cryptocurrency for Beginners: A Simple Guide to Understanding and Investing in Bitcoin, Ethereum, and Other Digital Currencies” is the perfect book for those who are new to the world of cryptocurrency. In this easy-to-follow guide, you’ll learn the basics of what cryptocurrency is and how it works, as well as how to safely buy, sell, and store your digital assets. You’ll also get an introduction to the most popular cryptocurrencies, including Bitcoin and Ethereum, and discover how to choose the right one for you. Whether you’re looking to invest in cryptocurrency for the first time or just want to learn more about this exciting new technology, this book has something for everyone.
NFT stands for “non-fungible token,” which is a type of digital certificate built on a blockchain — usually Ethereum — that guarantees ownership of a unique rare digital asset. Minting digital assets (everything from art to music to articles) as an NFT is a way for artists to monetize their work.
Selling digital files isn’t new…But one of the more innovative uses for NFTs is the ability to guarantee yourself as the original creator. Because NFTs are recorded on a blockchain, the creator of the NFT is recorded in the public ledger. Therefore, you can set a fee for whenever that digital asset is sold in the future (known in the business world as a royalty) and earn passive income over time if your work is sold on the secondary market.