NFT 101 - HackMD

--- # card: summary_large_image title: "NFT 101" description: "Creator & collector NFT resource guide by @nnnnicholas." image: https://i.imgur.com/joaxZdH.png ---![](https://i.imgur.com/2eSe6pl.jpg) # 🔮 NFT101 : NFT Creator & Collector Resource Guide Compiled by [@nnnnicholas](https://twitter.com/nnnnicholas) with contributions from [@r_ross_campbell](https://twitter.com/r_ross_campbell), [@0xElle](https://twitter.com/0xElle). First Published 2021-03-12. Last updated date above. This document is made with love and distributed for free forever 💖 ## 🤝Introduction Welcome to the NFT syllabus 🎉🎉 This document collects essential references and resources in the NFT space. Learning from the links below will give you a strong core knowledge of what NFTs are and where they come from. With this, you'll be able to build specific knowledge in whichever direction you're most interested. Please don't be intimidated by this list. This is not homework, it's a bookstore and all the books are free. You are encouraged to jump straight to the links that catch your eye first. I encourage you to explore by ctrl+f search. Go wild! 📚🆓 Finally, this is a living document that may change over time. We are all learning and discovering each day. I'll update with new and improved references over time. If you have suggestions or comments, please get in touch with me on twitter [@nnnnicholas](https://twitter.com/nnnnicholas). ## 🐦Who to Follow on NFT twitter [NFT Galaxy Brain 🌌🧠](https://twitter.com/i/lists/1369024870395359235) is a Twitter list of core people in the NFT scene.  ## 🧮Quantitative NFT resources ### Ethereum Protocol - [Ethereum unit conversion](https://eth-converter.com/) converts between Eth, Gwei, and Wei. - [Ethereum Gas Table](https://https://ethgastable.info) documents the gas cost for each operation on the EVM (Ethereum Virtual Machine). Use this site to figure out how much gas a given operation costs, then multiply that figure by the current gas price (Gwei) to simulate the transaction fee today. - [Etherscan Average Block Time](https://etherscan.io/chart/blocktime) shows the time interval between blocks ### Ethereum Market - [CoinLib Coin Compare tool](https://coinlib.io/en/compare/2021-01-01/ETH/MATIC/) compares coin and token growth since a given date. - [CryptoFees](https://cryptofees.info/) shows the blockchains and dapps ranked by most transaction fees spent. The logic is that if people are spending so much to use these chains and dapps, then they must be interesting. ### NFT Trackers - [Etherscan's NFT Tracker](https://etherscan.io/tokens-nft) lists all ERC-721 tokens by recent transfer volume. - [DappRadar's NFT rankings](https://dappradar.com/nft), including Top Collections, Top Sales, and Marketplaces ranked by trade volume. - [CryptoSlam](https://cryptoslam.io/) live NFT marketplace data. - [NonFungible](https://nonfungible.com/) NFT market database. - [Crypto Art Pulse](https://cryptoartpulse.com/) NFT valuation tool. - [NFT Comparison](https://duneanalytics.com/danner_eth/NFT-Comparison) Dune Analytics dashboard - Floor trackers show the minimum price for a token in a given collection - [NFTPriceFloor](https://nftpricefloor.com/) - [WGMI](https://wgmi.io/)  - [Rarity Tools](https://rarity.tools) - [NFT Stats](https://nft-stats.com) - [Rarity Studio](https://rarity.studio): Generative Art rarity analytics (incl Artblocks) - [NFT Drop Calendar](https://nftcalendar.io) - [NFTBank](https://nftbank.ai/) - [NFTGO](https://nftgo.io/) - https://ultrasound.money/ ## 🛠Tools To Use When Executing Transactions ### Gas Trackers - [Etherscan Gas Tracker](https://etherscan.io/gastracker) estimates the gas price required to process a transaction in 30 seconds, 2 minutes, and ~10 minutes, based on the gas prices of transactions in the past 1000 blocks. If the average block time is 15 seconds, then this is a period 250 minutes or just over 4 hours. - [Blocknative Gas Estimator](https://www.blocknative.com/gas-estimator) good tool. The max fee is 2x the current fee so your tx will definitely make it to the chain with these numbers. - [Ethereum Gas Heatmap](https://ethereumprice.org/gas/) shows the average gas price for each hour of the day based on the past 7 days data. This can be helpful for choosing what time of day to execute a transaction. ### Ethereum Analysis - [EthDecoder](https://ethtx.info/) helps analyzing a transaction. - [Nansen.ai](https://www.nansen.ai/) (paid) and [Nansen Polygon](https://pro.nansen.ai/polygon/) (free) ### Ethereum Utilities - Approval revokers: Contracts can request allowances to manage your ERC tokens (think Uniswap or OpenSea). These sites helps you revoke those allowances. - [Etherscan Token Approvals](https://etherscan.io/tokenapprovalchecker) allows you to revoke ERC20 allowances given to contracts. - [Revoke.cash](http://revoke.cash/) allows you to revoke ERC20 and ERC721 token allowances. ## 🤑Wallet Inspectors - To lookup a wallet, add an Ethereum or ENS address after the slash of these websites. For example `https://eth.af/nnnnicholas` - [eth.af](https://eth.af) by [Nioo Glennon](https://twitter.com/nicoglennon) - [Rainbow](https://rainbow.me/) - [Blockscan](https://blockscan.com/) lets you inspect a wallet address across EVM blockchains. ## 🔗Blockchains Background information on blockchains. If you're already familiar, skip to [the next section](#🟢NFT-Overviews). ### Blockchain Basics - How blockchains work: Andreas M. Antonopoulos' ["Consensus Algorithms, Blockchain Technology and Bitcoin"](https://www.youtube.com/watch?v=sE7998qfjgk) - Further Reading: [Mastering Bitcoin](https://unglueit-files.s3.amazonaws.com/ebf/05db7df4f31840f0a873d6ea14dcc28d.pdf) & [Mastering Ethereum](https://github.com/ethereumbook/ethereumbook) - [Gwei](https://https://gwei.io/) explains units of Ether such as Eth, Gwei, and Wei. - Where to inspect transactions and inspect contracts: [Etherscan](https://etherscan.io) or [Polygonscan](https://polygonscan.com) ### Writing Solidity * [OpenZeppelin Wizard](https://docs.openzeppelin.com/contracts/4.x/wizard) helps you create a standard ERC-20, 721, or 1155 fast. * [CryptoZombies](https://cryptozombies.io/) is the go-to learn-by-example interactive course for picking up Solidity. * [EatTheBlocks](https://www.youtube.com/channel/UCZM8XQjNOyG2ElPpEUtNasA) is an excellent Solidity by example YouTube channel. * [RemixIDE](https://remix.ethereum.org/) is a browser-based IDE that is ready to go immediately and includes several helpful features out such as Etherscan contract verification with extensions. * [Solidity By Example](https://solidity-by-example.org/) demonstrates basic techniques Solidity by example. * [Hardhat tutorial by wighawag](https://github.com/wighawag/tutorial-hardhat-deploy) is an alternative fork of the Hardhat docs tutorial * [dapptools](https://dapp.tools/) is a collection of ethereum CLI tools and smart contract libraries (an alternative to OpenZeppelin). * [Ethereum Signature Directory](https://www.4byte.directory/) allows you to lookup a funciton or event signature by its 4 or 32 byte hash digest. * [ETH Build](https://eth.build): a video course visual node-based editor for simulating the EVM * [ETHover](https://marketplace.visualstudio.com/items?itemName=tintinweb.vscode-ethover): Hover over a contract address in VSCode and get quick links to the live contract deployment on Ethereum. Mainnet only at present. * [Solidity Visual Developer](https://marketplace.visualstudio.com/items?itemName=tintinweb.solidity-visual-auditor#overview): #### Solidity Contract Tools - replace etherscan url's `io` with `deth.net` to open in vscode - replace etherscan url's `etherscan` with `contractreader` to quickly inspect a contract on https://www.contractreader.io/ - ### Token Tools - [Token Checklist](https://docs.tokenchecklist.com/): How to get your token listed in token lists and wallets such as Metamask, Uniswap, and Coingecko. ### Data Storage #### IPFS - [CID Inspector ](https://cid.ipfs.io/) shows information about a given IPFS content ID - [Anatomy of a CID](https://proto.school/anatomy-of-a-cid) walks through how IPFS CIDs work and differences between each revision/ ### Advanced Blockchain #### MEV - What is MEV? [Video by The Defiant](https://www.youtube.com/watch?v=Wd0at2Pu6xY) - Seminal MEV paper: [Flash Boys 2.0](https://arxiv.org/pdf/1904.05234.pdf) - Flashbots [MEV Dashboard](https://explore.flashbots.net/) #### Zero Knowlege Proofs - [ZKP learning resources](https://github.com/matter-labs/awesome-zero-knowledge-proofs) ## 🟢NFT Overviews These documents survey the NFT landscape at a moment in time. Good places to start for people wanting perspectives on the big picture. - [The NFT Bible by Devin Finzer](https://opensea.io/blog/guides/non-fungible-tokens/) - [A beginner’s guide to NFTs by Linda Xie](https://linda.mirror.xyz/df649d61efb92c910464a4e74ae213c4cab150b9cbcc4b7fb6090fc77881a95d) ## 🏇NFT Use cases - @gmoneyNFT: ["Why did I purchase a 24 x 24 pixel image yesterday for 140 ETH?!??!"](https://twitter.com/gmoneyNFT/status/1347023737166696448) ## 🚧Technical Standards - ERC-721 was created in 2017. All 721 NFTs are all 1 of 1 uniques. [Ethereum.org EIP-721](https://eips.ethereum.org/EIPS/eip-721) - Authors: [William Entriken](https://twitter.com/fulldecent) ([Independent](http://Phor.net)), [Dieter Shirley](https://twitter.com/dete73) ([Dapper Labs](https://www.dapperlabs.com/)), [Jacob Evans](https://twitter.com/dekz) ([0x](https://twitter.com/0xProject)), [Nastassia Sachs](https://github.com/nastassiasachs) - ERC-1155 was created in 2018 https://eips.ethereum.org/EIPS/eip-1155 - Authors: [Witek Radomski](https://twitter.com/witekradomski?lang=en) ([Enjin.io](https://enjin.io)), [Andrew Cooke](https://twitter.com/AC0DEM0NK3Y) ([Enjin.io](https://enjin.io)), [Philippe Castonguay](https://twitter.com/PhABCD) ([Horizon Games](https://horizon.io)), [James Therien](https://ca.linkedin.com/in/jtherien), [Eric Binet](https://twitter.com/ericbinet) ([Enjin.io](https://enjin.io)), [Ronan Sandford](https://twitter.com/wighawag) ([The Sandbox](https://www.sandbox.game/))  ## 💎Collectors Without collectors, NFTs have no value. The following are influential collectors and collector-DAOs. - [MetaKovan](https://twitter.com/metakovan) and [Twobadour](https://twitter.com/twobadour) are the investor and collectible loving forces behind [MetaPurse](https://twitter.com/metapurse), an NFT collecting fund - [Zima Red Interview](https://anchor.fm/andrew-steinwold/episodes/Metakovan---The-Metaverse-Renaissance---Zima-Red-ep-46-eot8p1) - WhaleShark [Whale_community](https://twitter.com/whale_community) $WHALE - [Pranksy](https://twitter.com/pranksyNFT) [Zima Red Interview Part 1](https://anchor.fm/andrew-steinwold/episodes/Pranksy-Part-1---How-He-Made-Half-A-Million-Dollars-Trading-NFTs---Zima-Red-ep-36-el3q40) & [Part 2](https://anchor.fm/andrew-steinwold/episodes/Pranksy-Part-2---How-He-Made-Half-A-Million-Dollars-Trading-NFTs---Zima-Red-ep-37-el4p62) - [FlamingoDAO](https://twitter.com/FLAMINGODAO) - [PleasrDAO](https://pleasr.org/)  ## 🎨NFT Minters and Marketplaces ### White Label Minting Platforms/Services - [Nameless](https://www.nameless.io/) by [NFT42](https://www.twitter.com/nft42) is behind Joy Toys, Veefriends, and NFT Boxes - [Manifold](https://www.manifold.xyz/) by [@richerd](https://www.twitter.com/richerd) Chan, Eric Diep, and Wilkins Chung is behind Pak, Fvckrender, Mad Dog Jones ### Marketplaces #### OpenSea - [Opensea](https://opensea.io): "The Ebay of NFTs".  #### Rarible - [Rarible](https://rarible.com): Open access NFT minting and marketplace. Sometimes OpenSea competitor with a Facebook UI feel. Allows you to deploy your own contract (but very gas inefficient at present). #### Objkt - [Objkt](https://objkt.com/): Tezos NFT marketplace that includes hic et nunc and other Tezos NFT contracts. ### Protocols & Platforms #### Zora - [Zora](https://zora.co) - [Cryptomedia.wtf](https://Cryptomedia.wtf) essay explaining NFT media economics - [zora.engineering](https://zora.engineering) explaining Zora's plan for being a permissionless protocol for creating NFTs on top of ethereum #### Hic et Nunc - [hic et nunc](https://www.hicetnunc.xyz/) (aka H+N, HEN) is a Tezos-based NFT platform. It achieved initial traction with it's PoS gas fees and ecological profile. #### Cent - [Valuables by Cent](https://cent.co): NFT tweets from a group that aspires to launch more NFT marketplace platforms. - [Cent's Vision](https://docs.google.com/document/d/1eb-xoEKPYS6PYDUJateVLkTZrYBFgKB9ry5vAkFxkao/edit). From the creator of tweet tokenizer Valuables. ### Galleries #### SuperRare - [SuperRare](https://superrare.com) - SuperRare announces [Coldie Method™ Auctions](https://medium.com/superrare/how-superrare-timed-auctions-work-a351058a6120) #### Foundation - [Foundation](https://foundation.app): Invite-only NFT minting platform with designerly aesthetic. Found initial traction with 3d artists on instagram and has grown to become a premiere minter and market to drop high profile NFTs if you're willing to set up your own wallet. #### JPG - [JPG](http://jpg.space/) is an NFT museum and gallery sales platform. #### NiftyGateway - [NiftyGateway](https://niftygateway.com): Gemini owned marketplace offering exclusive drops from crypto artists (Fewocious, Pak) and non-crypto artists (Grimes and Justin Roiland). ## ⌛Frontends and Secondary Markets - [The AGAH](https://twitter.com/itstheAGAH?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) (open telegram link): - [Catalog](https://beta.catalog.works/): Music NFT platform built on Zora - Zora.fm ## 🤼Social Tokens - Friends with Benefits is amongst the most successful social tokens to date. - [Seed Club](https://twitter.com/seedclubhq) is a social token project incubator led by [Jess Sloss](https://twitter.com/thattallguy) - [$WHALE](https://twitter.com/whale_community) ## 🧩Fractional NFTs - [NFTX](https://nftx.org/) by [Alex Gausman](https://twitter.com/alexgausman) - [FractionalArt](https://fractional.art/) by [andy8052](https://twitter.com/andy8052) ## 💰Fundraising for content (aka NFT kickstarting) - John C Palmer's [$ESSAY](https://j.mirror.xyz/uVGCCwwm3k341lPpxaJmHTZROESVse9Pe_rmbiuUAC0) - MintFund [$BOUNTY](https://mint.mirror.xyz/mDws2xGmJCq55ehGDdcv8tGDCpSd_c_CfeqhexiKSqU) ## ⛽NFTs and the Environment - Memo's original piece sounding the alarm over NFT ecological impact - [The Unreasonable Ecological Cost of #CryptoArt (Part 1)](https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053) - Sterling Crispin's reply - [NFTs and Crypto Art: The Sky is Not Falling](http://sterlingcrispin.blogspot.com/2021/02/crypto-art-sky-is-not-falling.html) - [GreenNFT Bounty](https://gitcoin.co/issue/GreenNFT/GreenNFTs/1/100025260) and [Winner announcement](https://www.artnome.com/news/2021/6/2/greennfts-hackathon-brings-new-ideas-awareness-and-solutions) ## 🏆Notable NFT projects ### MySoul First NFT-type project ever. Actually a fungible token. Created by ### Rare Pepes One of the earliest memorable NFT-type projects, Pepes were fungible tokens but in the spirit of NFTs. Created on Bitcoin Coutnerparty. Artists would submit images to the Pepe Scientists (Joe Looney and 1 other person), who would review them before they hit the website, because Joe owned all the infrastructure and was thus personally liable for content on the site under the eyes of the law. Pepes were minted in editions. There were 36 seasons of Pepes before the minting was retired. - [Pepe Directory](http://rarepepedirectory.com/) - Charming [oral history](https://www.youtube.com/watch?v=41FelA7b_GU) with Rare Pepe creator Joe Looney, Pepe artists Robness, Rare Scrilla, Louis Parker, Pepe historian Eleonora, organized by Micol of [VerticalCrypto](https://verticalcrypto.art/) ### Cryptopunks - [CryptoPunks](https://www.larvalabs.com/cryptopunks) are the most well-known Ethereun NFT to date - The origins story of Cryptopunks with Matt Hall - [YouTube](https://www.youtube.com/watch?v=0FGtjwsTzYQ&t=21s) ### 0xMons - [OxMons](https://0xmons.xyz/) is a solidity programmer artist making a universe of connected projects. ### Etheria - Etheria was the first Ethereum NFT launched at DevCon 1, 77 days after Ethereum's launch. ### Curio Cards Early Ethereum NFT Launched May 2017. - [Bitcoin.com Curio Cards interview with Thomas Hunt](https://news.bitcoin.com/blockchain-collectibles-curio-cards/)