BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
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🐥 GM web3 hatchlings!! Today we will be covering Coinbase, and how to buy & sell your first Bitcoin (BTC) and Ethereum (ETH) on the platform!!
It can be a bit daunting, but fear not! 🐇 Follow our bushy tail and we shall guide you down the rabbit hole!
First be sure to check out Coinbase’s articles on what Ethereum and Bitcoin are!
Coinbase is an online exchange platform that lets you buy and sell various cryptocurrencies like Bitcoin & Ethereum from fiat (like USD, EUR) currencies. Coinbase is amazing because it exists as an exchange between traditional finance like banks and the crypto currency world! Decentralized Exchanges (DEXs) only let you exchange between crypto currencies, but Centralized Exchanges (CEXs) like Coinbase lets us exchange our fiat into crypto we can use or hold, and back into fiat. 🎈
🤿 Now let us dive into how we can buy our first crypto!
First things first, you are going to want to set up a Coinbase account. Click Get Started on their homepage, and visit their help guide here for a step by step.
Click here to watch the video version if you would like!
💃 Once you have created your account and signed in, you are ready to buy BTC or ETH!
Click Buy/Sell in the top right corner.
A menu will open asking how much Bitcoin you would like to buy! Enter the amount you would like to exchange, and select your payment method.
Once you have entered how much you would like to exchange, click Preview Buy to see your order preview.
Note: Coinbase and most other exchanges take a small fee for using their platform to buy/sell
The Order preview shows how much crypto (BTC) you will be receiving, the price of the BTC at the purchase, Coinbase fee, payment method, and total.
Confirm by clicking Buy now.
🥳 And that’s it!! You have officially exchanged fiat for your first crypto currency!!
To buy Ethereum (ETH) and the other crypto currencies offered on the exchange:
Go back to the Buy/Sell menu, and click the toggle next to Bitcoin.
It will open a menu that will let you select a cryptocurrency, let’s click ETH for now.
Enter the amount you would like to exchange, click Preview Buy,
Click Buy now to confirm.
🌱 Congratulations! You bought your first BTC and ETH!! Welcome to crypto!!
Now that you own some crypto, it’s time to look at how you would sell BTC and ETH.
Click on Buy/Sell to open the menu, and click on the Sell tab
Enter how much BTC you would like to sell
Note: Hitting the arrow on the right side changes whether you want to enter your sale in fiat amount or crypto. The sale processes are the same, it’s just how you want to enter the amount.
Click Sell Bitcoin to open the Order preview where you can see your Total payout
Click Sell now to confirm!
Just click the toggle next to bitcoin to view the other cryptocurrencies you hold, and click ETH.
Enter the amount you would like to sell, and click Sell Ethereum to open the order preview and view your Total payout.
Click Sell now to confirm!
😎 That’s it!
You can now use your exchanged fiat to buy more crypto, or transfer it to your bank.
That’s all for today! I hope you enjoyed this little guide down the rabbithole. 🐇🕳
Please be sure to check out our Mirror articles and follow us on Twitter for all things crypto and web3.
https://rabbithole.mirror.xyz/
💕 Stay curious frens!
🐥 GM web3 hatchlings!! Today we will be covering Coinbase, and how to buy & sell your first Bitcoin (BTC) and Ethereum (ETH) on the platform!!
It can be a bit daunting, but fear not! 🐇 Follow our bushy tail and we shall guide you down the rabbit hole!
First be sure to check out Coinbase’s articles on what Ethereum and Bitcoin are!
Coinbase is an online exchange platform that lets you buy and sell various cryptocurrencies like Bitcoin & Ethereum from fiat (like USD, EUR) currencies. Coinbase is amazing because it exists as an exchange between traditional finance like banks and the crypto currency world! Decentralized Exchanges (DEXs) only let you exchange between crypto currencies, but Centralized Exchanges (CEXs) like Coinbase lets us exchange our fiat into crypto we can use or hold, and back into fiat. 🎈
🤿 Now let us dive into how we can buy our first crypto!
First things first, you are going to want to set up a Coinbase account. Click Get Started on their homepage, and visit their help guide here for a step by step.
Click here to watch the video version if you would like!
💃 Once you have created your account and signed in, you are ready to buy BTC or ETH!
Click Buy/Sell in the top right corner.
A menu will open asking how much Bitcoin you would like to buy! Enter the amount you would like to exchange, and select your payment method.
Once you have entered how much you would like to exchange, click Preview Buy to see your order preview.
Note: Coinbase and most other exchanges take a small fee for using their platform to buy/sell
The Order preview shows how much crypto (BTC) you will be receiving, the price of the BTC at the purchase, Coinbase fee, payment method, and total.
Confirm by clicking Buy now.
🥳 And that’s it!! You have officially exchanged fiat for your first crypto currency!!
To buy Ethereum (ETH) and the other crypto currencies offered on the exchange:
Go back to the Buy/Sell menu, and click the toggle next to Bitcoin.
It will open a menu that will let you select a cryptocurrency, let’s click ETH for now.
Enter the amount you would like to exchange, click Preview Buy,
Click Buy now to confirm.
🌱 Congratulations! You bought your first BTC and ETH!! Welcome to crypto!!
Now that you own some crypto, it’s time to look at how you would sell BTC and ETH.
Click on Buy/Sell to open the menu, and click on the Sell tab
Enter how much BTC you would like to sell
Note: Hitting the arrow on the right side changes whether you want to enter your sale in fiat amount or crypto. The sale processes are the same, it’s just how you want to enter the amount.
Click Sell Bitcoin to open the Order preview where you can see your Total payout
Click Sell now to confirm!
Just click the toggle next to bitcoin to view the other cryptocurrencies you hold, and click ETH.
Enter the amount you would like to sell, and click Sell Ethereum to open the order preview and view your Total payout.
Click Sell now to confirm!
😎 That’s it!
You can now use your exchanged fiat to buy more crypto, or transfer it to your bank.
That’s all for today! I hope you enjoyed this little guide down the rabbithole. 🐇🕳
Please be sure to check out our Mirror articles and follow us on Twitter for all things crypto and web3.
https://rabbithole.mirror.xyz/
💕 Stay curious frens!
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