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Getting Started With NFTs
The NFT buzz is in overdrive and you want a slice of the action!
Where do you start? What blockchain do you use? Where do I buy NFTs? Where do I buy crypto to buy NFTs?
We have all been there asking the same questions.
Thankfully we have taken the hard work away by creating a series of guides to navigate your way through this exciting bleeding-edge technology.
What is an NFT?
If you don't know what an NFT is it's best to start here first:
This article will give you a good grounding on what an NFT is and the potential they have to play a vital role in our everyday lives.
If you didn't know already, NFTs use the same technology that power cryptocurrencies: Blockchain.
A blockchain is essentially a public ledger that stores data in encrypted blocks, chaining the data blocks in chronological order. Visually think of it as a chain of boxes where you can store cool things inside like data, images and video.
The Etherium blockchain is the most well-known blockchain for NFTs, usually because popular NFT projects like CryptoPunks hit the headlines for the incredibly high prices they command.
However, Etherium is not the best blockchain for NFTs. Every time you do any transaction on Etherium, such as buying an NFT or listing an NFT for sale, you need to pay a gas fee. The busier the network, the higher the gas fee.
Gas fees can be expensive and are often more expensive than the NFT you are buying. Etherium also uses a lot of energy, as whenever a transaction is made, computational power is required to mine the block.
We highly recommend you start with the WAX blockchain, which is free from gas fees, carbon neutral, much faster transactions and incredibly easy to get started in.
We will post an article soon giving more reasons why the WAX blockchain kicks ass, but you can take our word for it...it's bloody awesome!
Create a WAX Wallet
You can get started quickly with WAX by creating a WAX wallet. Once you have your wallet, you can connect it to NFT marketplaces to buy all the NFTs you want:
To buy NFTs, you will need WAXP. WAXP is the crypto token of WAX and if you've never bought crypto before, it can be a little intimidating at the start.
Thankfully we have you covered in our Where to buy WAX article with complete guides on each option:
Not sure how much WAXP you need? Scout some of the projects in the next step to get an idea of what you will need to get involved in the many WAX projects.
How do I buy WAX NFTs?
You can look at all the amazing WAX NFT projects and buy their NFTs from the AtomicHub Marketplace.
You guessed it, we have a guide for this too:
You can also earn 0.5% cashback on every AtomicHub purchase by following these steps:
What WAX NFT project to begin with?
Before you jump into the many play-to-earn games flooding WAX, try something a little more basic first.
Pop culture giant Funko is an excellent introduction to NFTs. The mechanics are simple; buy packs, build your collection and earn physical Funko collectable rewards.
The most recent release is Star Trek and it's an excellent place to get started:
This is a nice low-cost entry into the world of NFTs and the physical rewards rock too!
Sort your WAX NFT collection
You will want the best way to sort your NFT collection, it makes your new NFT life a lot easier!
Look no further than the TokenHead app:
Other WAX projects
Now you are comfortable with the basics, you can start looking at the other projects WAX has to offer.
Here are a few more to get you started:
Grab a membership and get monthly digital vinyl drops from the hottest upcoming music artists. Join the insane creativity between fans & artists in discord.
Explore this fantastical world from the brush and brain of concept artist Matt Gaser (Star Wars, Rugrats, World of Warcraft, Angry Bird and more!). The upcoming play-to-earn battle card game adds to the incredible story and artwork.
An incredible upcoming play-to-earn NFT game. The full game is due to drop Q2 next year, but you can learn how getting involved now could be to your advantage:
Own a plot of land in the minecraft metaverse. We don't have a full guide written yet, but you can learn about their most recent sale event:
You can also check out their quick start guide:
Getting started articles
You can find all of our Getting Started articles here:
We will continue to update this page and add more projects / NFT content for beginners.
Keep updated with these tips: