hi everyone and welcome to crypto james it’sguy here in today’s video you’re going to learn what is solana nfts and how you can start makingmoney from it right after you finish watching this video satisfy notice our renunciation since i’m not afinancial advisor so this video is for educational and informational intents only right so firstof all what is the solana nft so solana nfts is actually a marketplace where you can get nfts nftsaccounts for non-fungible signs it is therefore means that it’s something that is a piece of data that isunique and there isn’t any duplicate of it on the blockchain okay and there isn’t something thatis worth to it okay so for example bitcoin is fungible it’s not an nft is fungible token whybecause one bitcoin will be worth to another and nfts each one of them are different andit’s actually be drawn up in the blockchain like a license okay there are a lot of details that areexplaining that you are the owner of the nft the idea of nft is that you are the only owner ofthis piece of art this segment of data it can be a song it can be an audio it can be a picture itcan be a video it can be a lot of things it can be any piece of data written in the blockchainthat you are the only owner of it the solana blockchain is an amazing blockchain thatif you crave we have in our canal a full full explanation about the blockchain but insummary solana is an astonishing blockchain where there is on average more than 1800 transactionsper second which implies that the process of this blockchain is very very advanced it’s veryfast and that’s what procreates the work with it awfully very simple and very very powerful now inorder to start making money from solana nfts you can do three main things the first one isto and it’s the easiest and it’s recommended for novices is to create your own nft whetherit’s a video whether it’s creation of art something that you doodle like an act figureor whatever and then you actually upload it to a marketplace and the marketplace will be the ownerof your formation until someone will want to buy it when someone wants to buy it he will actually paysthe market okay that actually owns the nft in a temporary detail and you will get the payment ofthe ownership on your nft whether it’s a folder as i said every kind of file the second way is that youwill be able to actually buy and sell with revenues to buy and impounded like investing and then when youwill see that this piece of art will grow in appraise by draw lessons from the news from learning fromdifferent communities on reddit and from other meetings about nfts so you’ll be able to makemoney from it because they sold its advantage and the third way which is very very advanced soi would totally recommend only for parties that in the crypto grocery for at least a year or two andknows a great deal about the crypto market and learned about the nfts for at least four to six months andthe main reason is because it’s actually trading nfts and the process is very simple the firstthe second and the third in order to start the firstly okay and the second largest and the third you needto connect your purse now to connect your wallet you need to create your own wallet of solanaso it wouldn’t be recommended when you purchase to actually prop all your solana in this walletbut only what is necessary in order to upload your nft if you want to buy solana the best ideawill be to actually go to binance and actually buy solana in order to better to do that you need to goto binance.com click on markets okay and then you will get to this page and then click on solanabnb and then you will be able to purchase it or if you cannot find it time search sol and you willsee this option next thing it is necessary to actually to sounds it and then you will see the store in herescroll down you click on buy solana working usd and then you will have all the options tobuy with a lot of different monies now if you want to buy it and “youve had” the currencyof bnb which is the cryptocurrency of binance this mart and you simply type the amount and thenbuy it and then you can own some solana but it’s not recommended to hold it in your symmetry and buyit the most recommended practice is actually to hold it in a hardware purse now the trezor pouch will beprobably the best option for you because it’s the safest course the easiest way you can actually holdyour cryptos offline so no one will be able to steal it because it will be offline it means thatit won’t be online but if it will be stored online whether it’s in a crypto billfold like this or anyexchange like binance or something like that so it will be in risk and when a person is hacks the systemthey will be able to steal it so if you would like a hardware wallet you can get by clicking thelinks down below that highway you will be able to sleep tight at night and is a well-known fact that your cryptosare safe now the first lane as i said you need to connect your pocketbook and then after you connectit you actually upload your piece of art to solana and price it and world prices that you thinkthat it’s valuable the second way is actually that you can go to marketplace like that then youcan click on collects for example and pick the collectings that you like of course that ifyou don’t know what each collect signify i would entirely recommend you not to get into it until youunderstand what does it represent okay you can filter them by different options as you can see in herelet’s take churchill’s for example so you have selected this collections and then you will be able tosee turtles and different merit of parlour and if you find something that you like or for somefactors you know that it will be more valuable in the future or you simply want to hold it so youcan actually sounds it and if you know that someone that you know or someone that you believe thatwill find it valuable so you will probably want to buy it by click it in here after youwill connect your crypto purse okay so this is the second way and it’s only recommendedwith collects or segments of arts that she know that in the future will make big parts ofthis marketplace called solana art or any nft’s prowes okay and those nfts they’re not like most nftsthat people know that you place it in the ethereum structure but actually it’s then the solana networkitself okay so this is an amazing marketplace so i will recommend you to get into this marketplaceand actually go to the faq section and you will be able to learn exactly how you do each one ofthese nonsense now if you want to stay up to date about all the situations about the solana nftsand in general about nfts i would really recommend you to go to google and actually to probe nft’scommunities and that path you will be able to stay advised about different revises about differentnfts or about different collections that are in the nft’s market and then you will be able to havemore smarter decision or you want to buy and sell or to trade meaning that you have one and thenyou want to sell it and actually get another one for you and actually to make good business with itnow in order to actually start do it safely i was only entirely recommend you as i said to hold onlythe amount that you need to actually buy some nft okay in the in this marketplace to actually go toyour hardware wallet which as i said you can get in our attaches down below and to actually withdrawit simply the amount that you need in order to buy and actually give your fund to yoursolana billfold and the main reason is because it’s the smartest thing to have your cryptosonline at the minimum quantity of occasion that is necessary in order to do whatever you wantbecause every time it’s online it’s at risk as you can see the process is very very simple asyou can see you merely need to connect your billfold buy some nfts and actually sell nfts okay and asi said the firstly practice it will be the easiest so you merely need to connect your wallet upload yourdifferent creation music videos and nonsense like that and actually upload your starts so forsummary if you actually want to get into this nft’s business model the smartest step inmy opinion will be to actually first of all start reading about it and then be determined whether youwant to take part of this amazing business prototype and then you actually should start by posting yourcreations or other people’s creation that you know then to meet some profit from that and fromthe money that you actually earned from that start not quite like playing but start usingit in order to start building more fund and only when you have consistent income and you seethat you understood how this thing use then i would altogether recommend you to also investing andnot only to sell your nfts actually too to buy and when you will feel very very advanced alsoget in to the trading which can be even day to day or even hour to hour and as i said beforeif you want to get into this nft’s business model and start making money in the safest waypossible make sure to collect most of your cryptos in equipment wallets which you can get in our linksdown below and put in your solana wallet or any online wallet only what is necessary in orderto establish your acquisitions and to actually trade different nfts so thank you again for watching thisvideo if you received it supportive make sure to give us a like and make sure to add any commentswith questions that i may have not covered and subscribe to our crypto james channelso you can get other enormous content like this one that will help you with your cryptocurrencyjourney that’s all for now thanks for being now
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