Q: Validating NFT authencity

NFT ownership is recorded on the blockchain, that entry acts as a digital pink slip

Q: Storing my NFT's?

NFTs should be kept in a secure location such as a software crypto-wallet. Typically these are protected by multiple factor authentication

Q: Storing my NFT's?

NFTs should be kept in a secure location such as a software crypto-wallet. Typically these are protected by multiple factor authentication

Question 1

NFTs are Non-Fungible Tokens on the blockchain with unique identification codes and metadata. Often used as digital representations of assets such as art, collectibles, music, video game items, and real-world assets.

Answer

NFTs are Non-Fungible Tokens on the blockchain with unique identification codes and metadata. Often used as digital representations of assets such as art, collectibles, music, video game items, and real-world assets.

Question 2

A blockchain is a distributed ledger of transactions that is validated and secured by nodes around the world.

Answer

A blockchain is a distributed ledger of transactions that is validated and secured by nodes around the world.

Question 3

Although both exist on a blockchain, cryptocurrencies are fungible tokens and interchangeable. NFTs are non-fungible, meaning they are not interchangeable and each token is one of a kind.

Answer

Although both exist on a blockchain, cryptocurrencies are fungible tokens and interchangeable. NFTs are non-fungible, meaning they are not interchangeable and each token is one of a kind.

Question 4

NFTs can be traded on a variety of marketplaces across different blockchain networks such as OpenSea, Magic Eden, LooksRare, and even on some centralized exchanges such as Binance.

Answer

NFTs can be traded on a variety of marketplaces across different blockchain networks such as OpenSea, Magic Eden, LooksRare, and even on some centralized exchanges such as Binance.

Question 5

Minting is the act of generating a record of an item, like an image or audio file, onto the blockchain as an NFT. Typically, the record consists of a path to retrieve the item from a database, as well as valuable metadata.

Answer

Minting is the act of generating a record of an item, like an image or audio file, onto the blockchain as an NFT. Typically, the record consists of a path to retrieve the item from a database, as well as valuable metadata.

Question 6

NFTs can be generated through the deployment of smart contracts.

Answer

NFTs can be generated through the deployment of smart contracts.

Question 7

NFT ownership is recorded on the blockchain; that entry acts as a digital pink slip.

Answer

NFT ownership is recorded on the blockchain; that entry acts as a digital pink slip.

Question 8

NFTs should be kept in a secure location, such as Zelcore. Typically, these are protected by multiple-factor authentication.

Answer

NFTs should be kept in a secure location, such as Zelcore. Typically, these are protected by multiple-factor authentication.

Question 9

Zelcore is a multi-asset cryptocurrency wallet and platform that allows users to manage, exchange, and invest in various cryptocurrencies securely and conveniently from a single interface.

Answer

Zelcore is a multi-asset cryptocurrency wallet and platform that allows users to manage, exchange, and invest in various cryptocurrencies securely and conveniently from a single interface.

Question 10

Flux is a programming architecture designed to manage state in applications, promoting a unidirectional data flow. It simplifies state management and enhances the predictability of application behavior.

Answer

Flux is a programming architecture designed to manage state in applications, promoting a unidirectional data flow. It simplifies state management and enhances the predictability of application behavior.

Question 11

Being a part of Flux Labs means joining an innovative research and development company that focuses on cutting-edge technologies, fostering creativity, and solving complex challenges in various industries.

Answer

Being a part of Flux Labs means joining an innovative research and development company that focuses on cutting-edge technologies, fostering creativity, and solving complex challenges in various industries.

powered by Flux

powered by Flux

powered by Flux

powered by Flux

powered by Flux

What is an NFT?

What is a blockchain?

Does an NFT differ from cryptocurrency?

Where can you buy/sell NFTs?

What does minting mean?

How do you create an NFT?

Validating NFT authenticity

Storing my NFTs?

What is Zelcore?

What is Flux?

What does it mean to be a part of Flux Labs?