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Setting up your metamask and coinbase wallets - 12/27/2022

 


If your dealing with NFTS if you dont know what an nft is check out this https://activerain.com/blogsview/5663579/so-what-is-nft--nft--nftrealestate  

or if your dealing with Crypto coins, and looking to stake them (think of dividend payments for holding stock) or if your looking to do loans with dfinance exchanges you will need to have a wallet to handle one or all of the above. 

I would recommend metamask and or coinbase wallet to get started 

Over 20 million are using the metamask wallet and it was started by the Ethereum foundation, this was the first most important thing to me when starting with crypto since you hear all about the scams that are around and the hacks that are around I wanted to get as safe a wallet as possible.  Nothing in life is guaranteed but trying to be as safe as possible. Tried to limit mistakes that could cost money.

You can download directly to your desktop, laptop or smart phone.

It will work with all major browsers Google Chrome, Mozilla Firefox, Brave or Edge

It will be a free hot wallet service. 

Hot wallet means available to plug into a website like opensea so you can use the coins to deposit or wrap to make purchases on the marketplaces and or you will have the coins available to swap, stake or lend through the dex's decentralized exchanges.

If you wanted a cold wallet meaning less likely to have a chance of having an nft stolen through scams

https://activerain.com/blogsview/5747512/crypto-coin-scams https://activerain.com/blogsview/5746981/keeping-with-my-series-this-week-scams-to-watch-out-for-discord 

You can get whats called a cold wallet, if you just want some crypto to keep for years and dont want it to be online you can download it to a usb drive try to go to trusted sources when selecting one something along the lines of cnet https://www.cnet.com/personal-finance/crypto/the-best-bitcoin-and-crypto-wallets/ 

just check the dates of their posts for updates in the way advancements if your reading this post in the future. 

 

https://metamask.io/  this is the official link  to download metamask 

1.click the “Install MetaMask for whichever devices your using and browser.

2.click get started

3.create a Wallet 

4.create a password (write copies of the password down on different pieces of paper)

dont email it to yourself and dont screenshot it on your phone these are known hacks.

thinking notpad on your phone, no they have hacks for that too.

5. Secret recovery phrase, you will see post in Discord and other services saying dont ever share this with anyone, this is just like a password but it allows them full access to your wallet if you do. (write it down on paper)

if its considerable amount put it in safety deposit box (those have been searched and funds seized in California with residents though) https://www.latimes.com/california/story/2021-09-19/fbi-seizure-cash-beverly-hills-vault-spawns-epic-court-battle. (save that for another post)

You will only need it when setting up or moving the wallet to another device whoever you share it with think of it like having access to your bank account so only trusted officials if its a sizeable amount -Attorney might hold onto it, family office manager, financial planner. They likely would be setting the wallet up for you if you have a certified planner and your not reading this so for the rest of us heres the rest of the steps.  (There is such a thing as multi signature authenticator worth looking into if you are one of the top 1 % Realtors in the country and reading this... Trust but verify. 

6.You can locate your unique MetaMask public address by clicking the “Account 1″ button

 

Thats it you have setup your metamask wallet and have your public address which most do share as they would need your password, seed phrase to be able to gain access, and or if you click on something giving them authorization to spend from your account through smart contract, links above on those scams. 

https://www.youtube.com/watch?v=YVgfHZMFFFQ 

This again is not financial advise, this is just in case you are interested and want to pick up some crypto and wondered where to start. 💯The best advise I received when starting out when you first send funds to your address send a very small amount a single dollar of crypto to make sure you copied the address right and all is working much like a credit card number it wont work if you have the wrong number it wont process however unlike a credit card if you send it to the wrong address by one letter in the address you just sent money to the wrong wallet. 💯

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Crypto Crypto Crypto adding coins to your wallet referral link - 12/26/2022

 






If you have CNBC on in the background while writing contracts and or answering emails and texts you likely have heard of crypto coins at this point I think you would have a hard time finding anyone that watches any financial networks or news channels that havent had multiple stories at this point. 

CNBC has went so far as to starting a CNBC world, Bloomberg similar has a streaming service you can catch up on at anytime crypto. 

I had previously written about starting out to set up your crypto wallet here  https://activerain.com/blogsview/5747525/setting-up-your-metamask-and-coinbase-wallets 

The next step is getting some coins that you can use to either stake or swap for other coins on exchanges or buy nfts and pay for gas fees etc. The nice thing that struck me about cryptos beginning was the sense of community of people talking about and excited for the future of the technology those communications articles, tweets, posts companies shared in this growth and excitement as more people that transacted the better it is for their platform to pickup transaction fees by members and to have funds on their platform under management custodial but thats for a another post. Some companies offered a signup reward to get started like Coinbase.

 

There will be others that offer signup bonus and you can have multiple wallets to take advantage of the bonus sign up however I recommend checking out if they are members of FinCen and also if they are registered as a Money Service Business thats not 100% assurance but not many things in life are, I did do that search myself when signing up with celsisus they were registered with fincen and with the state of Delaware just a side note. 

https://help.coinbase.com/en/coinbase/privacy-and-security/other/coinbase-regulatory-compliance 

https://www.coinbase.com/join/jordan_sv6 this is my referral link that will get you 10.00 in bitcoin to start out for joining Coinbase click the see terms link under their signup **full disclosure they send me 10.00 too if you use the link setting up your account. **

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Creative Commons metaverse, nft, artwork Andy Warhol - 12/24/2022

 

I personally dont think that society would of benefited if we didnt get to experience the comment by way of artwork by Andy Warhol on the Campbell soup cans.

One could argue its an iconic piece of our culture that wasnt sponsored by Campbells soup yet Campbells have benefited from the marketing and exposure for decades of the use and likeness. You can find more info here https://www.history.com/news/andy-warhol-1962-soup-can-paintings-meaning-reaction# 

"used humor and irony to comment on how mass production and consumerism had come to dominate so much of American life and culture."

 

If you are looking for a movie to watch over the holiday weekend I would suggest "The Andy Warhol Diaries"

It also covers the work of Jean michel Basquiat along with his rise with a collaboration with Warhol. The use of many company logos over the years Paramount etc all of which benefited. 

When I see people criticize the modern day version of digital artist think Beeple and others that use logos as parts of their works I wonder if they are aware of the not so distant history of our Arts. 

If you would like to follow CC on Twitter here is their info. https://twitter.com/creativecommons 

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Marketing with NFTS 2 you can use Opensea.io featured - 12/23/2022

 

I feel this is better served written into two parts of a post to make it more digestible. 

Marketing with nfts   I just finished writing this which was highlighting some of the ways I used nfts to market myself as a Realtor, I had mention the minting of your twitter tweets Mint your tweets into nfts 

The next step of using the nfts you  minted from tweets could be to feature them on your opensea.io profile, like the image above. In this case I used tweets I posted to twitter sometime ago and turned them into nfts then edited my featured page on my profile on Opensea.io you can view the page here.

https://opensea.io/CavstheBlockfan

 

You can created multiple sections on your profile to highlight what you would like, this is again tweets featured that were turned into nfts. I highlighted my My Linktree QR Code along with my Marble Card nft 1st Minted NFT Realtor Brandon Jordan

Also the Help Me Buy My New Home tweet made into nfts https://activerain.com/blogsview/5349350/help-me-buy-my-new-home-flash-briefing-skill-buyafloridavacationhome-com-hot-sheet-3-24

and gallery of youtube videos with oncyber gallery Oncyber web 3 gallery Northwest Florida Realtor 

 

and a tweet nft of more certifications that I have received over the years and some other tweets on various topics you can see below as well or visit my opnsea.io to give a like on the post...

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Marketing with NFTS - 12/22/2022

 

I received a good question on a previous older post asking if I have ever tried adding nfts into marketing my listings? So I wanted to share my response as a post to outline some of the things I have done with nfts. 

There have been a few ways to use the nfts to market first of course I posted here on ActiveRain here is an nft group I started on AR NFT group   then posted about how others can make nfts from tweets Mint your tweets into nfts I used my nfts on social medias like Twitter with trying to start a #1stNFTmintedRealtor added that to my Twitter profile.

 

 

Then trying to help those that follow my blog and joined the nft group here on AR letting them know nfts are coming to Facebook and Instagram which I already posted my nfts real estate related of youtube videos I made into nfts via marble cards. Instagram nfts then I utilized the alexa skill for Help Me Buy My New Home for the real estate voice activated search videos to make nfts of those to generated something new with existing content I had created you will see a couple pictures of the help me buy my new home alexa skill marble cards on the instagram nft post. I then went on to post the nfts of #1stNFTmintedRealtor to my Facebook business page and again the Youtube area videos along with Help Me Buy My New Home video nfts and created from the TV episodes I ran before Team Sold Tv new nfts for that as well, then posted on my websites for the blog there trying to cover the bases for integration of the nfts in marketing.

 

Making a nft of individual properties being offered for sale I have not created since taking and completing the blockchain certification course Blockchain cert the founder of reconsortia mention that as a Security and Exchange Commission certified investment banker she viewed all nft offerings of real estate properties as securities so I havent created any listing specific ones to market. You are able to use their platform at Reconsortia to submit properties for nfts with them creating them, I dont agree with her position on that topic and wouldnt agree if the SEC determined that was their positions as well but have still decided to proceed with caution and not create listing specific ones for sale as of right now there is no case law on the books to point to showing that real estate nfts are a security in my opinion and I raised that question to the course director who didnt point to any case laws being on the books as its yet to be tested and tried.

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How do I get more free crypto coins- learn and earn coins coinbase - 12/21/2022

 

 

I previously wrote about how you could setup your wallets and pick up some crypto by signing up for Coinbase and using the link featured in this post.

https://activerain.com/blogsview/5748857/crypto-crypto-crypto-adding-coins-to-your-wallet-referral-link 

Now I wanted to let everyone know about the learn and earn section on Coinbase. I have did the learn and earn its quick and gives you an overview of what each coin can do and the theory of use for their protocols (meaning computer language of what it will do) 

Its always good to do your own research before investing and this isnt financial advice when buying any coins but this post is about free coins you can earn from speding a couple minutes to learn about coins.

If you like this article and would like to learn more on crypto and uses check out the group https://activerain.com/blogsview/5737325/i-started-a-new-group-https---activerain-com-groups-nft 

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NFT Day this week #nftday 5 year anniversary of NFT - 12/20/2022

 Ported from original post sept 23rd 2022



If you were on Twitter this week you may have seen #nftday and wondered what it was exactly thats going on you can find more information here https://internationalnftday.org and their twitter account at https://twitter.com/OfficialNFTDay 

 

The site does a good job of explaining what an NFT is and acknowledges the person responsible for the term NFT 5 years ago this week by celebrating the projects that are built via NFTs and there were giveaways from NFT projects highlights the first NFT being made in 2014 but the term still not yet known or published on what they were until "NFTs are Born with ERC-721 Proposal
The first draft ERC-721 proposal was published by Dapper Labs CTO Dete Shirley, which included the first formal usage of the term NFT."

Dapper Labs made Crypto Kitties and NBA Topshot

I encourage you to check out the site at internationlnftday #nftday to learn more if your interested in knowing more on what an NFT is. 

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The fed pain this week another .75 interest move up - 12/19/2022

 Original post sept 23rd, 2022



Jerome Powell made his announcement yesterday that there is more pain to come. I do find it odd that the person that said this will be transitory and gave guidance into this year still claiming this fact is still in his position. Likely still there because his removal would move the market down investors dont like uncertainty I have read thousands of times.

There are well known memes of him at the printer press printing money, many people knew supply demand factors and that this would cause inflation and were puzzled on his remarks over the last couple years. 

I will grant that this is something fed chairs havent been through with a virus like this that put panic into the financial markets, causing stocks to drop close to 40% the Dow went from just under 30,000 all the way down to under 19,200 in a very short time within a month.

There were gains on the day leading into his speech but when he spoke the market dropped when he said there will be more pain. There are many that write about his words as he has the granted powers to moved more liquidity into the market or take it away. 

Its something interesting to me that someone can be so wrong on their view of the financial markets but still have the confidence of the investor markets another puzzle I am sure will be studied for years to come. The start of this year saw the market start at just under 35,000 now down to just under the highs from 2020 under 30,000 again. 

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The Ethereum merge - 12/18/2022

 

Many have pointed out a flaw in Crypto one being the intense use of energy that is used to do blocks on the blockchain, transactions and minting of coins. 

I am not in the Bitcoin Maxi camp, I think thats not a good place to be that Bitcoin is the all powerful no matter what this technology will change the world and all bad things are byproducts. See statements on the environment by Jack Maller on comparing the Eth merge from proof of work to proof of stake where he calls the concern for the environment asinine stating that we dont use horses we use cars and planes with evolution of tech. 

https://fortune.com/crypto/2022/09/21/inside-look-behind-the-scenes-ethereum-merge/   “Executable Beacon Chain,” aka Eth2 sharding

I understand the concern to tamper proof and decentralized could be at risk in some peoples minds as this has only taken place this month on the change. I however think this had to be tried to see if crypto can form and function with validators approving transactions through encryption vs the computers having full control for the blockchain with proof of work and it will help the life of blockchain and lessen countries that ban it due to environmental concerns. I have seen stories that Bitcon has a consolidation issue as well where most of bitcoin is really centralized to a bulk of it being owned by a small number of people and companies. 

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What is a DAO - 12/17/2022

 


You can find a fair amount of articles on what a DAO is from a quick google search

Decentralized Autonomous Organization (DAO) - Investopedia

So why make a post about it, well it may surprise you reading this but some have never heard of a DAO or understand its function or reason for existing.

I first heard of a DAO when looking at a crypto coin $whale coin what got me into Whale coin was the founder and that he had seen the vision of NBA topshot and for a few thousand dollars had a collection worth millions and the coin worked for a fantasy draft for NBA lineups with topshot moments.

They had advertised their coin to get a consensus of votes through the DAO and the reason for this was to give power over the coin and nft collection that backed the coin in a vault was the understanding of many members to give the power to the members and to grow out their community.

The details are normally buried in the whitepapers essentially think of it as your condo docs establishing how things will run. Some DAOS dont jump right to the power of control of the companies of the coins or nfts and development companies right out of the gate until they can establish they have revenues generated to be able to operate that seems responsible to me but some want fully decentralized and power to be handed to members right away.

I can understand both points and the purist of decentral wanting no centralized power as an attack point for hackers and so that there is a true community run project is the point with decentralized crypto, nfts, blockchain beginnings and what attract many to the technology. 

It was encouraging for me to see this https://cointelegraph.com/news/wyoming-legally-recognizes-first-dao-in-the-united-states  earlier this year.

You might be surprised to hear Wyoming leading with Crypto and blockchain however if you have been following the blockchain news, you may already know they issued a bank charter to Kraken which is said to be following the 

Token Safe Harbor Proposal 2.0 by 

You might hear news this week that the SEC is investigating Yuga Labs known for their Bored Apes Yacht Club NFTS and coin as has been reported today from Bloomberg but this news is not new it was first reported SEC was looking at NFTS for being securities at the start of the year and has yet to refer any case to the justice department.

From Investor.gov

"Mission. The U. S. Securities and Exchange Commission (SEC) has a three-part mission: Protect investors. Maintain fair, orderly, and efficient markets. Facilitate capital formation."

I think its past time to say actions take years, blockchain has been in high gear since 2018 and at this point if they know they are going to make fundamental shift in the way crypto markets and nft markets operate its not fair to leave investors exposed to a change of liquidity and reserve requirements that might be enforced at anytime. This lack of clarity does nothing to maintain fair orderly and efficient markets in my opinion.

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