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EIEIO / AUTOMATION & EMERGING TECHNOLOGY

Non-Fungible Tokens (NFT)

Course outline

3 days

Duration

Non-Fungible Tokens (NFT)

3 days

Overview

Non-Fungible Tokens (NFTs) are unique digital assets that use blockchain technology to certify ownership and authenticity. Unlike fungible tokens such as cryptocurrencies, which are interchangeable and have a uniform value, NFTs represent unique, one-of-a-kind items such as artwork, music, or collectibles. The ownership and provenance of NFTs are recorded on a decentralized ledger, providing a secure and transparent record of ownership and transfer. NFTs have seen increasing adoption in the arts and entertainment industries, where they are used to sell digital assets such as artwork, music, and collectibles. The use of NFTs allows artists and creators to maintain control over the distribution and monetization of their work, while providing buyers with a verifiable and secure method of acquiring and owning digital assets.

Our Non-Fungible Tokens (NFT) courses are educational programs that aim to provide students with a comprehensive understanding of this unique and emerging technology. These courses cover the basics of NFTs, including how they work, their key features, and their benefits and limitations. They also explore the various use cases of NFTs in industries such as art, entertainment, and collectibles. NFT courses may also touch on topics such as blockchain architecture, consensus algorithms, and smart contracts. These courses can be taken online or in-person and may be aimed at professionals looking to upgrade their skills or individuals seeking to understand the potential of NFTs. Whether you are an artist, entrepreneur, or just curious about the future of digital assets, NFT courses offer a unique opportunity to gain in-depth knowledge and skills in this exciting and rapidly evolving field.

Who Should Attend

  • Fintech Administrators
  • Finance Administrators
  • Blockchain developers
  • Bitcoin traders
  • Executives
  • Directors
  • Chief Finance Officer

Outline

Topic 1 Overview of Blockchain Technology

  • Risk and security challenges with traditional business model
  • Rethinking the traditional database
  • What problem does the blockchain solve?
  • The birth of the blockchain in bitcoin
  • What new opportunities does the blockchain enable?
  • What are public and private keys?
  • Introducing nonces, hash functions, and mining
  • The immutable distributed ledger
  • Blockchain consensus algorithms – PoW & PoS
  • Genesis of Blockchain - Bitcoin
  • Rise of Ethereum Blockchain Eco System - Smart Contracts
  • Native Crypto vs ERC 20 Tokens
  • Access Web 3 Applications via Crypto Wallet
  • NFT Landscapes
  • DeFi Landscapes
  • GameFi Landscapes
  • Metaverse Landscapes

Topic 2 Blockchain Applications In Practice

  • How cryptocurrencies (bitcoin) is created and managed
  • Altcoins, Altchains, and ICOs
  • Blockchain Business Use cases in Various industries
  • Using Ethereum to write smart contracts
  • Ether and Gas Fee
  • Token Standards - ERC-20 vs ERC-711 NFT Tokens
  • What is NFT?

Topic 3 Business Opportunities with Blockchain

  • Business Owner Opportunities
  • Different Types of fundraising with blockchain
  • Blockchain Tokenomics & NFT Projects

Topic 4: Explore the Potential of NFT

  • What is the difference between fungibility and non-fungibility assets?
  • How NFT is related to blockchain and Web3 technology?
  • Why NFT is valuable and desirable for digital artists and businesses
  • What is under the hood of owning an NFT?
  • Examine the different types of NFTs and NFT Marketplaces

Topic 5: Create NFT on NFT Marketplaces

  • Setup Metamask wallet to access NFT Marketplaces
  • Create and list NFT digital assets on NFT Marketplaces

Topic 6: NFT Transactions and Risks

  • Typical NFT transaction processes from both a Creator and Collector' point of view
  • Recommendations to reduce risks in NFT

Topic 7: Under the Hood of Blockchain

  • Decentralized Ledger
  • Hashing Function
  • Consensus Mechanisms
  • Layer 1 vs Layer 2 Blockchains
  • Create an ERC 20 Token Smart Contract and Import to Crypto Wallet

Programme scope, delivery arrangements and suitability are confirmed during enquiry.