9. Understanding NFT Smart Contracts and Transaction Fees aka Gas!

In this episode, I define the concept of "Minting an NFT." We will also dive into what a smart contract is and why the true power of the NFT isn't the JPEG or the community but rather the code underneath that makes up the smart contract.

Additionally, I do my best to paint the picture around cryptocurrency and how we must think of it so that it doesn’t feel like “funny money,” as the true essence of crypto goes far beyond the traditional dollar.

Takeaways

• I Share why most in the NFT space talk about Ethereum.
• What gas prices are and how we must factor that into our NFT journey.
• Smart contracts will have an impact on a variety of industries.

Remember to subscribe to our DAILY podcast, NFT365, available in this same podcasting app!

Apple:https://podcasts.apple.com/us/podcast/nft-365/id1594917193

Spotify: https://open.spotify.com/show/28MSMmM3AsfktumClTZVmQ

Make sure to give us a follow on social media:

Learn more about the NFT365 Podcast 👉 https://www.nft365podcast.com/

Connect with the NFT365 community 👉 http://Discord.gg/ADHDcoin

Connect with NFT365 Podcast Host Brian Fanzo 👉https://linktr.ee/isocialfanz

______________________________________________________________

Twitter @nft365podcast

FB groups/nft365

IG nft365podcast

Tiktok @nft365podcast

______________________________________________________________

Connect with NFT365 Podcast Host Brian Fanzo 👉https://linktr.ee/isocialfanz

NFT365 is SuperPOWERED by the $ADHD coin 👉 http://adhdcoin.com/

As always: DO YOUR OWN DAMN RESEARCH #DYODR

Learn more about your ad choices. Visit megaphone.fm/adchoices