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Non-Fungible-Tokens (or NFTs) are virtual tradable items paired with “smart contracts” that can be sold and exchanged primarily on the Ethereum blockchain. NFTs can be paired with real-world assets (such as art, fashion, music, access, etc.) or exist as purely digital entities. Similar to buying “valuable” or “rare” virtual assets in a video game or collecting rare basketball cards, NFTs are sold in a secondary market based on their virality and perceived value.

Yes! Thanks to our partnership with CoinZoom, you can purchase your NFT on their site with your preferred bank card while signing up for a wallet all in one series of simple steps. Then, you just will need your passport or a form of ID along with your preferred payment method, and you will be good to go! Find the “buy with card option” when clicking on your profile on the top right-hand corner of the Rarible website.

If you'd like to ensure that you're one of the first to buy, head over to CoinZoom and set up your wallet in advance.

If you set up a wallet through CoinZoom, you'll be able to find your NFT in your CoinZoom wallet viewable on your CoinZoom “profile” page. If you set up a separate wallet, such as Metamask, your NFT will be automatically added to your wallet upon purchase. Then, go to an aggregator site such as CoinZoom, Rarible or OpenSea and log in using your wallet to view your NFTs!

Put simply, no. There is a lot of false information being circulated about NFTs wasting energy; however, they have yet to be properly compared to any other industry. Millions of dollars are traded via cryptocurrency every day. Unlike traditional financial structures, these transactions are done by computers instead of people. Computers require energy to process transactions on the Ethereum blockchain through a system called Proof of Work.

Every time a transaction is validated, “proof” of energy being spent is recorded, and the computer that processed the transaction is rewarded with a small fee (your gas fee). When compared to any traditional means of processing money, this is a highly efficient system. Without going into technicalities, think of how much energy your bank digests daily. With thousands of employees driving to work, hundreds of buildings filled with lights and computers that stay on all day, and executives travelling on planes worldwide.

The metaverse refers to a virtual reality space where users can interact with a computer-generated environment and other users in real-time. It is often depicted as an immersive, interconnected, and shared digital universe.

In the metaverse, users can engage in various activities such as socializing with others, attending virtual events, exploring virtual worlds, playing games, creating and trading digital assets, learning, and much more. The possibilities are virtually limitless.

No, the metaverse can be accessed through multiple devices and interfaces, including virtual reality headsets, augmented reality glasses, smartphones, tablets, and computers. Different entry points cater to various user preferences and technological capabilities.