Fangible
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Before we begin...
Here's a list of key terms used in the Fangible and NFT space and it's a helpful to review before you get started:
Non-Fungible Tokens (NFTs) – Non-Fungible Tokens (NFTs) are unique, digital items with blockchain-managed ownership. Examples of NFTs include digital art, collectibles, virtual reality items, crypto domain names, ownership records for physical assets, and more.
Gas fees – Think of gas fees as Binance Smart Chain transaction costs. Fangible has no say in setting gas fees – they are determined by supply/demand across the network (blockchain).
Crypto wallet – A crypto wallet is an application or hardware device that allows individuals to store and retrieve digital assets.
Wallet address – Your wallet address is unique. It’s the address people will use when they are sending crypto or NFTs to your crypto wallet.
Seed phrase – Your seed phrase is a list of words that can be used to recover your crypto should you forget your password or lose access to your wallet. When you first begin trading with your wallet, find your seed phrase and back it up somewhere safe, in multiple locations if possible. Don’t store your seed phrase on an online cloud storage service and never share it with anyone.
Brands– A brands is a body of work, like a store or gallery. Right now in Fangible you can only create one brands and decide on the standard of the brands. When you add an item under the brands, the standard of the item can only be the same as the brands.
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