The Breakdown

If you already know what NFTs are, and want to skip to how to make one, scroll to the next section. If you want a quick overview, keep reading. 🤓
 
NFT stands for non-fungible token. They are cryptographic digital assets on a blockchain with unique identification codes and metadata that distinguish them from each other… if we didn’t lose you already, basically what you should takeaway is:
 
  • NFTs cannot be replicated
  • They can be used to represent real world assets like real estate or artwork
  • Tokenizing real world tangible assets enables them to be bought, sold, and traded more efficiently while reducing chance of fraud 
  • They can be used to identify ownership, property rights, and more…
  • Cryptographic basically means they are secure and third parties cannot tamper with them
 
Non-fungible means not replaceable. For instance, if you have a CD that is signed by your favorite singer, that is not replaceable, and there is no equivalent. 
 
On the other hand, fungible items are tradable and have equivalents, like cryptocurrencies. Another example would be if you lent your friend $10, they can pay you back with two $5 bills. 
 
Use cases: NFTs are popularly used currently for collectibles, artwork, and capturing sport moments. They can also be used for real estate, music, and many other things you might not think possible like a tweet from twitter. 
 
Jack Dorsey, CEO of twitter, turned his first tweet into an NFT, sold it for over $2.9 million and gave the money to charity. Crazy right? 😂
 
There have been some teens that have made a lot from creating and selling their own NFT collections like:
 
  • Victor Langlois, 18 years old ($18 million)
  • Benyamin Ahmed, 12 years old ($400 thousand)
  • Jayden Stipp, 15 years old ($350 thousand)
  • Nyla Hayes, 12 years old ($3.4 million)
 
Which is why… we want to introduce your child to the space and help their inner artist shine.

Get the Top 5 Resources Kids Use to Learn Code

These resources are organized by cost, difficulty level, and learning style to help you choose the right one.

Creating a CryptoPunk NFT

Today, we’ll learn how to create CryptoPunk NFTs. Why CryptoPunks specifically? Well, they’re simple to make and the value of CryptoPunks collection made $1.57 billion in the last year. 
 
See for yourself on their website: https://www.larvalabs.com/cryptopunks
 
Normally, you would create digital art on more advanced design technology, but for the purpose of getting started quickly and easily, we’ll use canva.com, any device can visit this on the web browser.
 
Below are the steps to creating a CryptoPunk NFT. We’ve also attached a step by step guide with screenshots, if you are more visual of a person. Click here for the visual guide
 
Step 1: Visit Canva.com
Step 2: Create an account if you did not already
Step 3: Click on “create design” on the top right of the browser
Step 4: Fill in “2400px by 2400px” 
Step 5: Click “create”
Step 6: Fill the page with 24×24 squares (100px x 100px per square)
Step 7: Fill out the Silhouette of a CryptoPunk
 
  • Follow along to this image we made for you
  • The neck is 3 squares tall and 5 squares wide
  • The face is 17 squares tall and 11 squares wide
  • The top of the head is minus 1 for 3 squares (like a pyramid)
  • The bottom, where the chin is (on the right) is like a pyramid
  • Fill the outlines for the CryptoPunk
 
Step 8: Change the CryptoPunk using your creativity
 
 
Step 9: Download your CryptoPunk as a PNG
Step 10: Upload to a NFT marketplace like Opensea.io

How to list your NFT for sale

Step 1: Go to Opensea.io
Step 2: Click on “create” on the top right
Step 3: Create a crypto wallet if you don’t have one already, you do this on your phone
 
  • Follow the specific instructions related to the wallet you chose
  • We recommend coinbase wallet
 
Step 4: Fill in the required info (name of NFT, how much you want to sell for)
 
Note: You will need to get some ethereum for a first time post to Opensea. Normally, you also need to pay to “mint” a NFT, but Opensea freely mints all NFTs on their platform. 
 
You only need to pay for the first account creation. There are other marketplaces to sell and buy NFTs as well. We used Opensea for this example since it is one of the more popular ones at this moment. 
 
Minting is basically when you put the NFT on the blockchain so that your NFT is not replicable and it shows ownership.
 
When you get a chance to create some NFTs or your child does, please share them with us! We’d love to shout them out and share them with everyone as well 🙂 You can respond directly to this email.
 
If you enjoyed learning about NFTs and how to make them. What else would you enjoy a quick read on? 🥰
 
If you enjoyed this article, please share with others. 
 
Share this newsletter on Facebook, Instagram, LinkedIn, Twitter, or Pinterest.
 

Get the Top 5 Resources Kids Use to Learn Code

These resources are organized by cost, difficulty level, and learning style to help you choose the right one.

Facebook
LinkedIn
Twitter
Pinterest

Craft a Top 1% Essay for College Admissions

Download the personal essay template that will help you get into your dream college.

Craft a Top 1% Essay for College Admissions

Download the personal essay template that will help you get into your dream college.

LL75

Enter the code above during registration to get $5 off. We look forward to making a positive impact with your student on the workshop!

Prepster

College
Counseling

Entrepreneurship Workshop

Young Entrepreneur Network

Young Engineer Network

Contact Us

Login

LogoWorld

My son (newly 15) did the 6-week program and I thought it was very good for him. First of all, it gave him something to do this summer (no typical job due to COVID), and second, I think it made him think about things other than math, which is his favorite subject and thing to do! I also appreciated the one on one mentoring sessions in addition to the weekly group session.

I also liked that he had homework to do between sessions. I thought that he received a lot of attention from the LogoLife founders and instructors and that the info given to him to develop was detailed and effective, and tailored to his passions.

A productive and comprehensive teen entrepreneurship program.

LathaO.GC
Latha O.

LogoParent

The Logolife program is a truly inspiring and innovative way to teach today's teens the skills they will need to adjust in this changing world. As a single parent, my biggest concern has been to prepare my kiddos for the future, but what the future holds is anybody's guess.

When I found Logolife, I was so excited because it teaches kids to adapt to changes and to create their own path forward. I am especially impressed that they encourage kids not to be afraid of failure, but to accept that trial and error is a meaningful part of the process and that being gritty and tenacious can be even more important than having natural talent or ability.

While they learn to capitalize on their strengths, they are also encouraged to grow through their weaknesses and to use what they have to bring value into the world around them. All of us know that what our schools aren't able to prepare our kids for the future or to make them successful in life.

Education alone isn't the answer; the answer is the right education. I am so proud to encourage every parent to investigate Logolife as an option for their children.

If you start by attending the parent meeting I think you'll find that every point of their program is something today's teens need to not only hear, but embrace. It also helps that everyone associated with the program is completely professional, helpful, gracious and enthusiastic.

My daughter and I have had nothing but a positive and uplifting experience with Logolife. I give them my very highest recommendation!

ChristineS.GC
Christine S.

LogoParent