NFTs For Dummies

by Tiana Laurence, Seoyoung Kim

Get a grip on NFTs and learn how to get in the game

It's not often that a brand-new investment comes along that revolutionizes how we buy and sell digital assets. But that's what non-fungible tokens (NFTs) did. Built on blockchain tech, NFTs are shaking up the world of digital commodity investing. And you can get your slice of the pie before everyone jumps into the arena.

In NFTs For Dummies, you'll find straightforward answers to critical aspects of the NFT phenomenon. You'll learn exactly what non-fungible tokens really are, how you can find them, and even how to create your own valuable NFTs. You'll also

How to find reliable and safe NFT marketplaces where you can be sure you're dealing with reputable buyers and sellers A peek behind the NFT curtain to see how NFTs work and what, exactly, you own when you buy or make an NFT Discussions of the kinds of digital properties that can be converted into an NFT Perfect for anyone who wants to learn about the market for buying, selling, and creating crypto collectibles, NFTs For Dummies is the only resource you'll need to get a handle on this cutting-edge tech and start making it work for you.

Genres: Reference, Technology, Nonfiction, Business

259 pages, Kindle Edition

Published November 8, 2021

Reviews

[Vishnu Priya · Rating 4 out of 5]

For someone who had almost no idea what an NFT was, this book came in handy. It breaks down what an NFT is, its application, how you can create and sell one, where to purchase and even provides suggestions and warnings with what you choose to do with your NFT. Its almost like a practical guide for beginners. I wouldn't call it an essential read as you can pretty much find information about it online or youtube videos and you'll learn a lot faster when you actually dip your toes in the NFT world, but nevertheless the book is nice for those who like to read as a way of learning.

[Preetam Chatterjee · Rating 5 out of 5]

In this tome, the author delivers a complete and ready-to-go overview to the world of non-fungible tokens. As part of the celebrated ‘For Dummies’ series, the book is custom-made for readers who are inquisitive about NFTs but may not have prior experience in blockchain technology or digital possessions. This tome excels at taking back to first principles, multifaceted concepts into digestible sections. The book covers a comprehensive range of themes. The narrative begins with the fundamentals of NFTs and their underlying blockchain technology and ends up in providing applied assistance on making, buying, selling, and even marketing NFTs. The book plunges into the traditional and monetary implications of this emerging technology, discovering its applications in art, gaming, music, and more. One of the book’s utmost assets is its aptitude to poise technical depth with clarity. The author introduces technical jargons like "smart contracts" and "minting" with humble descriptions and relevant examples. The author’s appealing writing elegance makes the subject amenable, even to the lay-reader. The addition of step-by-step tutorials, checklists, and visual assistances develops the learning involvement, making the tome a hands-on guide rather than a dry conjectural text. For readers disturbed about would-be risks and moral considerations, Laurence addresses these head-on. She discusses the environmental influence of blockchain technology, issues of copyright breach, and market precariousness, offering a well-rounded viewpoint that inspires informed decision-making. Nevertheless, the book is not without limitations. Given the fast growth of the NFT space, some instances and platforms stated, might feel non-operational. Readers seeking cutting-edge policies or visions into niche applications of NFTs may find the content somewhat basic or preliminary. Additionally, while Laurence touches on the speculative nature of NFTs, a profounder investigation of investment strategies could have added more value for readers interested in the financial aspects. Overall, this book is an excellent starting point for novices eager to explore the NFT ecosystem. Laurence’s unblemished explanations and practical advice make it a must-read for anybody looking to comprehend and navigate this digital frontier. Whether you’re an artist aiming to monetize your work, a gamer fascinated by virtual assets, or simply a tech fanatic, this book offers a compact groundwork to get started.

[Medhat ullah · Rating 4 out of 5]

Non-Fungible Tokens (NFTs) represent a paradigm shift in digital asset ownership, leveraging blockchain technology to confer provable scarcity, immutability, and cryptographic authenticity to unique digital objects. Each NFT is a cryptographic token underpinned by smart contracts, typically adhering to standards such as ERC-721 or ERC-1155 on Ethereum or analogous protocols on other blockchains.
Key Features:
Non-Fungibility: Unlike fungible tokens (e.g., cryptocurrencies), NFTs are indivisible and unique, with metadata and identifiers that distinguish them from one another.
Decentralized Provenance: Blockchain ledgering ensures verifiable ownership history and transaction transparency, mitigating counterfeiting risks.
Interoperability: Cross-platform functionality enables NFTs to be seamlessly transferred, traded, or showcased across marketplaces and digital environments.
Smart Contract Utility: Embedded programmable logic facilitates royalties, licensing, and conditional transfers, offering dynamic utility beyond mere representation.
Tokenization of Assets: Digital and tangible items—art, music, virtual real estate, collectibles—are tokenized, redefining notions of asset liquidity and transferability.
In essence, NFTs operationalize the concept of digital exclusivity within a decentralized framework, heralding novel economic models and cultural paradigms in the Web3 ecosystem.

[Patrycja · Rating 5 out of 5]

This is a great explanation of NFTs and crypto blockchain. The book gets quite technical at some point, but the images help to understand the process, and idea of NFTs for sure. The book goes over how NFTs work, how to create own NFT, how to find NFT market. It is a comprehensive guide for the beginners.

[Ava · Rating 2 out of 5]

با ترجمه فارسی از نشر باوین از دکتر محمد حسین صالحی خوندم و با توجه به پیش زمینه ای که از nft داشتم واقعا ترجمه افتضااااح بود اصلا خوشم نیومد

[Jude Shaieb · Rating 3 out of 5]

A good hands-on start for anybody who just wants to know or to get into the NFT world with its current hype.

[PR135T · Rating 5 out of 5]

Educative .