Recently I’ve written a lot about web3 use cases, from organising raves as DAOs, to 1,000 true fan organisations, to the basics of bootstrapping a DAO.
In order to get more of you actively participating, this post goes into something more practical: setting up a wallet & acquiring an NFT. I’ve set it up as a video:
A step-by-step guide on:
- How to set up a cryptowallet using Metamask
- Adding cryptocurrency to your wallet using Coinbase
- Buying your first NFT on ENS
- Monitoring transactions on Etherscan
- Giving your wallet a nice address like basgras.eth or musicxblockchain.eth
Links:
https://metamask.io/
https://www.coinbase.com/
https://ens.domains/
I spent about $50 on gas fees and .eth addresses in order to create this video. This is why I have a Patreon community for MUSIC x whose contributions help me cover the costs associated with running the sites & newsletter. Thank you! 🖤
Tip: if you want to follow along using a cheaper method, you can also use the Tezos blockchain. It uses a ‘Liquid Proof of Stake‘ consensus mechanism, which is more efficient, so lower gas fees and cleaner environmentally-speaking. For Tezos, you can use the Temple wallet and register your domain on Tezos Domains.