Cryptocurrency 101 Bitcoin Ethereum Litecoin Dogecoin

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#Cryptocurrency101. I discuss the differences between #Bitcoin, #Litecoin and #Dogecoin, and then dive deeper into #Ethereum tokens such as #ERC20 and #ERC721. Why should you buy #ETH? So that you can mint tokens on the #blockchain and so that you can mint #NFTs on the blockchain too. #VR is coming and digital assets are getting more popular to buy with digital money.

1. Buy ETH (Also known as #Ether and Ethereum.
2. Make shares of a company with 1,000 tokens, hand them out to the owners.
3. Make 100 tokens for voting on things if you are a member of a condo association or other type of group.
4. Crowd funding campaigns can be set up by selling the tokens you make.
5. You can use fungible ERC20 tokens as a currency for your #VirtualReality world or in-game currency.
6. Make some tokens just for fun to give to friends!

#NFT - ERC721 Tokens

1. Buy #VRLand
2. Own VR cars, houses and #cryptoart in 2D or 3D.
3. In-game assets like Magic Cards
4. Sports card collectibles Digitized on the blockchain
5. Naming systems that look up Ethereum Addresses by name

ALL tokens minted on the Ethereum blockchain will transact (move wallets) in ETH. So you cannot send a BELL token without also having some ETH in your wallet to move the tokens from Address1 to Address2.

https://chrisbell.com/BELL-token.php
Kategorien
ethereum Kryptowährung
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