1. What are NFTs?
NFT stands for non-fungible token. If you’re not familiar with the term ‘non-fungible’, it basically means that the item can only be bought or sold in its entirety; such as stamps, toys, art, and other collectibles.
Each token represents rights/utility to a unique digital asset or collectible. The rules for how an NFT operates are written in what’s called a ‘smart contract’. This automates processes like residual payments/royalties.
The Pixel Skull Art Collective NFTs are minted on the Ethereum blockchain.
Each token represents rights/utility to a unique digital asset or collectible. The rules for how an NFT operates are written in what’s called a ‘smart contract’. This automates processes like residual payments/royalties.
The Pixel Skull Art Collective NFTs are minted on the Ethereum blockchain.
2. How can I buy a Pixel Skull Art Collective NFT?
To purchase a Pixel Skull Art Collective NFT, you’ll first need to purchase Ethereum (ETH), the blockchain Pixel Skull has chosen to mint our NFTs on. If you don’t have an NFT wallet, here are a few great options:
Coinbase (https://coinbase.com/wallet)
Metamask (https://metamask.io/)
Once you’ve signed up and purchased Ethereum, use the ‘Mint’ button to connect your wallet and mint a token.
Coinbase (https://coinbase.com/wallet)
Metamask (https://metamask.io/)
Once you’ve signed up and purchased Ethereum, use the ‘Mint’ button to connect your wallet and mint a token.
3. Why buy a Pixel Skull Art Collective NFT?
The Pixel Skull Art Collective NFT is our first exhibition into the MetaVerse.
As a digital collectible, we’ve designed our first drop as an entry collection of 444 NFTs.
In the future, Pixel Skull will launch new exhibitions & collections with artists & creators, giving the holders of our first collection’s NFT special access and a lifetime benefit to build their digital art collection. The idea is that everybody can become an art collector and support the arts at reasonable prices.
Our first NFT collection & virtual exhibition “SKULLS” will be dropped on July.1, at 10am EST.
As a digital collectible, we’ve designed our first drop as an entry collection of 444 NFTs.
In the future, Pixel Skull will launch new exhibitions & collections with artists & creators, giving the holders of our first collection’s NFT special access and a lifetime benefit to build their digital art collection. The idea is that everybody can become an art collector and support the arts at reasonable prices.
Our first NFT collection & virtual exhibition “SKULLS” will be dropped on July.1, at 10am EST.
4. What’s Minting?
Minting is the process of putting your token on the blockchain. For the Pixel Skull Art Collective NFTs,we’ll be using ERC-721 tokens, which will be minted on the Ethereum blockchain.
The Minting Process: Minting will start on July.1, at 10am EST. NFTs will be available until the last one is sold, and can be traded on the secondary market like Opensea.
The Minting Process: Minting will start on July.1, at 10am EST. NFTs will be available until the last one is sold, and can be traded on the secondary market like Opensea.
5. What are Gas Fees? Why to pay for it?
Gas is the cost of successfully processing a transaction on the Ethereum Network.These fees help The Ethereum Foundation keep Ethereum (and all the NFTs built on top of it) running smoothly.
Depending on the volume of transactions at a given time, the cost of gas can vary.
We've installed a Gwei tracker on our minting site (top right corner). A Green Gwei fee means the cost for minting is low, a Red Gwei fee suggests high prices.
It works like in a traffic light ;) This will help you navigate the best time to mint your favorite Pixel Skull NFT For a reasonable gas fee.
Depending on the volume of transactions at a given time, the cost of gas can vary.
We've installed a Gwei tracker on our minting site (top right corner). A Green Gwei fee means the cost for minting is low, a Red Gwei fee suggests high prices.
It works like in a traffic light ;) This will help you navigate the best time to mint your favorite Pixel Skull NFT For a reasonable gas fee.
6. How can I keep my NFTs safe?
There are a few key considerations you should follow to keep your NFTs safe:
A. When you sign up for a wallet, you'll be given a seed phrase and security key.
Write these down on paper and store them in a safe place, as they'll be incrediblydifficult to recover later. These are cryptographic security measures to protect your wallet.
Don't share them with anyone!
B. Be wary of phishing emails, fake giveaways, airdrops, and other common hackers techniques.
C. Consider buying a physical wallet called "Ledger" (https://www.ledger.com/), considered the standard, which helps protect your NFT collection away from the connected internet altogether. We recommend checking out the #security channel on Discord (public link) for more helpful tips.
A. When you sign up for a wallet, you'll be given a seed phrase and security key.
Write these down on paper and store them in a safe place, as they'll be incrediblydifficult to recover later. These are cryptographic security measures to protect your wallet.
Don't share them with anyone!
B. Be wary of phishing emails, fake giveaways, airdrops, and other common hackers techniques.
C. Consider buying a physical wallet called "Ledger" (https://www.ledger.com/), considered the standard, which helps protect your NFT collection away from the connected internet altogether. We recommend checking out the #security channel on Discord (public link) for more helpful tips.
7. Can I resell my Pixel Skull Art Collective NFT?
Pixel Skull Art Collective NFTs are available for resale on OpenSea or LooksRare.
8. Does Pixel Skull take royalties from reselling the NFT?
No. For our first Pixel Skull Art Collections “SKULLS”, all Royalties stay with the artists. Our idea is to support the artists as much as possible, giving them full ownership of the Royalties.
9. How do refunds work with NFTs?
All NFT sales are final. Token holders are free to resell their NFTs on secondary markets like OpenSea.
10. Aren’t NFTs bad for the environment?
Currently, Ethereum processes transactions using the Proof-Of-Work process, which requires a significant amount of energy to use. For the past few years, the Ethereum Foundation has been working on merging their entire infrastructure to a Proof-Of-Stake blockchain, which is happening in the late Summer of 2022.
This will reduce Ethereum’s energy consumption by an estimated 99 percent.
This will reduce Ethereum’s energy consumption by an estimated 99 percent.