NFT

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What are NFTs?

NFT stands for Non-fungible tokens, meaning that each one is unique and can’t be replaced by another asset, also they are not divisible like cryptocurrencies.

You can think of NFTs as digital art assets you can collect in the blockchain. Some of them can be earned during special happenings as badges or can even stand out as collectibles by their rareness or limited nature. Some brands, artists or even special events like music festivals launch their own NFTs!

In order to get an NFT, you need to visit a dApp’s website (decentralized application), which basically acts like a marketplace, and approve its purchase in your Web3 Wallet.

You can read this article about NFTs for more information.

 

How do I buy an NFT?

Buying a NFT is pretty easy:

  1. Open your Web3 Wallet, tap “dApps” button and select an NFT marketplace, there are two options available: OpenSea or Rarible
  2. Explore and select the desired NFT you want to purchase
  3. Select the purchase or bid button/link, depending on the website (sometimes you need an auction to end to get it)
  4. Confirm or approve the transaction in your Web3 Wallet, make sure you review the Gas fee, slippage and transaction details
  5. Pay for the NFT
  6. Just wait for the transaction to be confirmed in the blockchain to see your NFT available in your Web3 wallet tokens list in a few minutes

 

How do I sell an NFT?

Unfortunately you can't do it directly in your app at the moment. You will need to connect your Web3 Wallet to a NFT marketplace like OpenSea, Rarible or Blur to do so. We’re working on adding more features soon.

 

Where can I manage and view my NFTs?

Once you’ve purchased an NFT you can find them easily in your Web3 Wallet’s main home screen in the token list. 

You just need to switch and move around the two tabs in your token list between tokens and NFTs. Once you tap an NFT you’ll be able to review its details, such as the art illustration, contract address, ID, network and many more. If you’re not finding your NFT, double-check the network that you have selected.


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