FAQs (additional)
Background
You spoke and we listened...
Since launching the Walking Between Worlds project, we have had a number of requests to buy historic pieces from the Walking Between Worlds Genesis Collection, from those who also want to understand:
- more about what they are buying when they buy an NFT,
- how NFTs work and
- some of the key things to look out for ...
NFTs are based around cryptocurrencies, which are relatively new and rapidly changing the way financial markets are evolving globally. As a result, we understand that your journey into NFTs may also be your first journey into cryptocurrencies - so, firstly, welcome to this new world of transformation.
As a very quick bit of background, the cryptocurrency markets have grown substantially from their inception in 2009, with the release of Bitcoin, to a market that is now worth about $2tr - or around 20% of the gold market globally. There is a process involved in buying NFT and cryptocurrencies, which is a one-off process. Once completed means you will be able to not only buy a piece from the world's first genuine Indigenous generative collection but also to begin your journey of discovery of cryptocurrencies.
Below, you will see a series of Frequently Asked Questions that we have answered in plain English, where possible.
If you want to watch a video on the basics of NFT's - check out a webinar we put together back in December 2021 - which introduces you to NFTs.
NFT’s – Empowering Indigenous Artists and Creatives
https://www.youtube.com/watch?v=s_ajqDQ-1aw&t=10s
Below, we have included answers to the most frequently asked questions we have had around our supporters buying their first piece from our historic Genesis Collection.
We will also be organising regular webinars to help you understand more, but in the interim, if you wanted to explore two earlier webinars we have already released on NFTs please check out our two introductory videos:
AusBiz Interview with Walking Between Worlds 23 2 22
https://youtu.be/M520u--76Bs
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