
A lot of the work I have on this site is available for purchase on my Foundation page as Non-Fungible Tokens (NFTs)
If you’re new to NFTs or cryptocurrency, it can seem like a whole new world. It is, but here’s what you need to know.
NFTs are digital contracts that are stored in a blockchain, which is a kind of permanent ledger. The NFT contains details of what the media is and who owns it. In order to own an NFT you must have a “wallet” in which to hold it. You can also store cryptocurrency in this wallet, but more of that in a moment.
Right now, most of the NFTs on this website belong to me (except the ones that have already been sold), and just like physical goods, the process of buying involves transferring ownership to you. So the first thing you need is a wallet. These are free, and my suggestion is that you get the Google Chrome extension from Metamask. That way the wallet lives within your Chrome browser and is really easy to access.
Once you’ve got a wallet and signed up (which is free) you’re in a position to take ownership of an NFT.
To buy an NFT you need to add currency to your wallet and then use that currency to buy NFTs on sites like OpenSea or Foundation. The currency that NFTs use is generally Ethereum, and in order to get some you will need to sign up with a service like Coinbase or Binance, which will allow you to purchase ether (ETH) using your bank account or credit card, and you can then transfer this ETH to your wallet.
Once you have the ETH in your wallet you can head to Foundation and make a purchase. Purchasing an NFT adds the contract to the blockchain and this requires a lot of processing, for which there is a fee, colloquially known as “gas”. Before you complete the transaction you have to agree to pay this gas fee, which can vary depending on the time of day and how busy the Ethereum network is.
Once the transaction is completed, ownership of the NFT will appear in your collection on Foundation. You can also then download the high resolution image of your chosen patch of Middle-earth or solar video. Should you wish to do so, you can sell your NFT at any time, by putting it up for sale on OpenSea or via Foundation’s secondary market.