Have you ever wondered how scientists make all their research public? Recently, a scientific paper explained how scientists use the “natural fruit tree token” platform to snap up NFTs and share their findings with the world. It’s an interesting case study in the field. But how does this process work? Let’s dive into it!
First, we need to talk about what NFTs are. NFTs are non-fungible tokens. Each NFT is unique, just like a regular fruit or vegetable. You can trade in apples for oranges if you have the right number of NFTs. You can’t just trade four apples for one orange. Every NFT needs to be accounted for separately, which makes it “non-fungible.”
What is NFT?
But NFTs come in all shapes and sizes, just like fruits and vegetables. If a crazy fruit scientist grew four oranges on one giant tree, that would be considered a new NFT. That would be like one single NFT bigger than all the others.
To maintain their uniqueness, every combination of colors, shapes, sizes, and other characteristics must have its unique token. But each NFT can also have its unique features or traits. That means that each NFT is more than just one piece of fruit. It is a collection of fruit that combine to become a single NFT.
Second, we need to talk about how scientists collect their research. Before this paper was released, only the people who created NFTs could collect them. Using a collection tool like CryptoKitties and a fancy extension, scientists could collect their work as an epic CryptoKitty. This lets them store their work for the rest of the time (or until the end of Ethereum).
How to buy NFTs?
Create a crypto wallet and add funds:
Using Metamask, open up your Ethereum wallet and create a new account. Then, transfer ETH to this newly created account. Although ETH is the “native” currency of Ethereum, it’s not the only currency you can use to buy NFTs. You can also use other ERC20 tokens.
Browse the OpenSea NFT Collections:
Once your account is connected to your Ethereum wallet, you can browse other NFT collections. You have a big list of categories like “Anatomy,” “Clubs,” and “Seashells.” You can also filter the collection by project or tag. For example, you can search for all the NFTs from the project called “Fish” by selecting the tag “Fish.”
Connect your wallet with OpenSea before Buying:
Once you find the project that you are most interested in, connect your wallet to OpenSea. To do this, enter the collection number into your Metamask and hit “Connect” under the “Collections” tab. Then, copy that number and paste it into the OpenSea portal. After that, hit “Confirm.”
Open your NFT Collection with CryptoKitties:
Once you have verified the collection with OpenSea, you can use it like any other CryptoKitty on CryptoKitties. Go to the marketplace and click on the OpenSea collection you used to buy NFTs. Once you have selected your NFT collection, you can browse the different NFTs and buy them using ETH or your ERC2o token.
If you are looking for a specific NFT, this is your chance! Just explore the collection and see if anything catches your eye.
Making the final purchase:
Buying NFTs is as simple as purchasing any other CryptoKitty. Use the “Bid” or “Buy” button to enter a price. You can also negotiate or barter with the seller if the price needs to be fairer. After you make your selection, your MetaMask will ask for payment.
Once you approve, the seller will send your NFT to your specified address. You are now officially a proud owner of an NFT and can start using it in any project or experiment!
How scientists snapped up NFT?
Researchers are excited to collect their work to share their findings with the world. But scientists have no private addresses. They need to find a way to tell you where each NFT is stored.
Scientists sometimes use the “natural fruit tree token” platform to get around this problem. You might know about this, which means you know all about NFTs already! The natural fruit tree token is a mobile app that helps you buy and store your normal, regular NFTs.
Scientists have to have a way of collecting their research as NFTs. They don’t want to use CryptoKitties because they need to install MetaMask or another Ethereum wallet. They also don’t want to use the “natural fruit tree token” app because it isn’t as user-friendly.
Instead, scientists use something even simpler called the “natural gold fruit tree token” platform. This website lets you input information like your name, email, and quantity of NFTs required. Then, you can enter the address to that you want your NFTs to be sent. Then, a website will generate a smart contract containing your information, which it will send to another smart contract.
Your NFTs can be stored forever on Ethereum without entering the CryptoKitties system. As long as you have access to an Ethereum wallet and a MetaMask extension, you can store your research or collection permanently on the Ethereum blockchain.
What about the future?
The best thing about NFTs is that they can be freely traded. They are completely fungible, which means that any combination of NFTs is interchangeable with another. But as long as you have the right number of NFTs, you will always have the same amount of each one.
So what’s next for NFTs? Researchers are still determining. It is a very new technology, and we will see many changes in the future. But there is one thing that we do know: NFTs are here to stay! They will be around as long as Ethereum continues to exist. And if there’s one thing that scientists can count on, Ethereum will never fail.
NFTs are the future of online asset management. Scientists and researchers can now expand their horizons to the digital world. And if you want to collect data, you’ll need a place to store it. That’s where NFT collections come in! With all of these new NFTs available, there is no reason not to get involved in this emerging technology.
So if you have yet to collect your data today, it’s time to pick an NFT, load it onto Ethereum, and start using it. If you’re a scientist looking to buy NFTs as research material, remember that OpenSea is your friend! We want to help scientists collect their work, and we want Cryptokitties to be around for a long time. If we work together, these two things will make the future of NFTs bright!