CRYPTO NEWBIES CHANNEL
8 subscribers
12 photos
4 videos
2 links
This group is for crypto newbies...
Download Telegram
๐Ÿ“ŒTHINGS YOU NEED
*To participate in airdrops;*
๐Ÿ‘‡
โšช telegram account
โšชTwitter
โšช Instagram
โšช Facebook
๐Ÿ‘‡

โœ“You need discord account
โœ“You need galxe account
โœ“You need zealy account
โœ“You need Mises browser and your trust wallet and metamask extension is ready..
๐Ÿ‘‡๐Ÿ‘‡
โšซ EXCHANGES
โญ•BYBIT
โญ• BINANCE
โญ•BITGET
โญ•KUCOIN
โญ•OKX
โญ•BINGX etc
And you're good to go

I encourage each and every one of you to JOIN me in this Airdrop journey
๐Ÿ”ดAirdrop is just a process of chasing the bag and be able to grab a positive results at the end.

You can't just do one or two airdrops and expect cashout immediately...โŒNO NO you need to exercise patient till it drops...


Just take it as a process but believe me Airdrop can turn you to millionaire ๐Ÿซต
For telegram airdrops
*Goto PLAYSTORE and download telegram.
*Register
*Click on any link posted on the telegram airdrop to start and click start
WELCOME TO ALL NEW MEMBERS.. IF YOU'RE NEW TO CRYPTO JOIN OUR CHANNEL TO GET STARTED..

*WHATSAPP CHANNEL*(ALL NEWBIES )
๐Ÿ‘‡
https://whatsapp.com/channel/0029VaamjJ60QeamnAVCuR2J

*WHATSAPP GROUP* ( COMBO AND ANNOUMENT)

https://chat.whatsapp.com/JaoVmKajVrGH1tjt8OhrrS

*TELEGRAM CHANNEL* (IMPORTANT INFO)
๐Ÿ‘‡
https://t.me/verifiedcryptofarmers

*TELEGRAM GROUP*
๐Ÿ‘‡(QUESTION AND ANSWER GROUP)

https://t.me/fjcryptopedia

*FACEBOOK GROUP*
๐Ÿ‘‡( POST ALL REFERRAL LINKS HERE)

https://www.facebook.com/share/g/qvMdqDjnkXMLLNdv/?mibextid=A7sQZp
Download misses browser
This media is not supported in your browser
VIEW IN TELEGRAM
How to register and get verified on bybit..
Do the same for other exchanges when necessary...
This is the easiest well keep going... Was this class helpful?
HOW DID YOU DO ON THE FIRST STAGE?
Anonymous Poll
0%
Good๐Ÿ˜
0%
Pass๐Ÿ˜Š
0%
Fail๐Ÿ˜ฉ
LET'S KEEP GOING ๐Ÿ‘‡
BEFORE NOW , WHAT DO YOU UNDERSTAND BY WORD TESTNETS ?

OR YOU'VE JUST BEEN SAYING THE WORD "TESTNET" "TESTNET" ?


Let me explain what it means in a simple way.โœ๐Ÿฝ

Testnet in simple words is a block-chain network identical to the main network used for testing and experimenting with new features, without risking real funds.
This helps the developers of the network to fix bugs and errors before deploying on mainnet ( live).


If you still don't understand, see it this way following the words

๐Ÿณ๏ธ. TESTNET > Test-Network, This is like a copied, or fake network that gives you a hint of how the MAIN NETWORK (Mainnet ) will look and function like.


๐Ÿณ๏ธ.MAINNET > The main-network, this is when you swap, bridge, transfer, receive, & send real funds. This is where the real deal comes in.


If you find this helpful and educational.

React with some emojis ๐Ÿ”ฅ๐Ÿ’ฏ
HAVE YOU EVER HEARD OF THE WORD "SMART CONTRACTS" ๐Ÿ“œโœ๐Ÿป...?


WHAT ARE SMART CONTRACTS ? ๐Ÿค”

Try splitting the words like this "Smart" & "Contract"

When something is said to be smart what does it mean?๐Ÿค”

See it like this S-M-A-R-T > specific, measurable, achievable, relevant, and time-bound.

NOW WHAT ARE CONTRACTS ? ๐Ÿค”

Contracts are agreements between two or more people or parties that are legally binding. They outline what each party will do or provide.


Are you following?

Now that you know the meaning of each of this words, lets go back to the question of the day. โคต๏ธ

WHAT ARE SMART CONTRACTS IN CRYPTO? ๐Ÿ“–โœ๐Ÿป...

๐Ÿ”‰In crypto, Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They run on blockchain technology and automatically enforce and execute the terms of the contract when predefined conditions are met, without the need for intermediaries (middle man). This contracts are transparent, tamper proof & secured because they are stored in a block chain.

๐Ÿ˜ญStill don't get it ? Take for example when you try to connect your wallet to a site you usually come across "connect wallet" and when you click on it, you see a pop up on your screen asking you to "sign in" if you look closely at the sign in message you will see all detailed information there.

So when you click the "sign in" message you've automatically signed the agreement of that contract, some of the examples are "i agree that this site has access to funds in this wallet" , i agree that the spending cap is (3535545655656666 )etc... Don't worry we'll talk about spending caps in DEX wallet later.โœ๐Ÿผโœ๐Ÿผ

Another example of a "smart contract" is sending crypto from your wallet you find something like ๐Ÿ“ฅ๐Ÿ“ฅ

โžก๏ธSEND --- ENTER RECEIVER ADDRESS --- ENTER AMOUNT--- CONFIRM.๐Ÿ“ฅ
When you click the "CONFIRM" you're automatically signing an agreement of sending a specific amount of crypto to a particular account. In other words you've said YES to the contract. since it's a SMART CONTRACT, it does not need a middle man like flutterwave to complete that transaction. So understanding things like this will help you navigate web 3 space like a pro.๐Ÿ˜Ž


Do you understand the meaning of SMART CONTRACTS ? If yes do the norms give this a ๐Ÿ’ฏ


Stay glued for more WEB 3 education.โฐ
EVENING TEA โ˜•๏ธ.

CAN YOU DIFFERENTIATE BETWEEN A "COIN" & A "TOKEN" ? ๐Ÿค”


Relax let me explain, as an OG in the making you'll need to understand the difference between these two words.


โฉ COIN.
A coin is a type of cryptocurrency that works on its own network or blockchain, like Bitcoin (BTC) or Ethereum (ETH).โœ…โœ…โœ…โœ…


โฉ TOKEN
A token, on the other hand, exists on top of an existing blockchain (e.g., Ethereum, Binance Smart Chain). ๐ŸŸข

Do not mistake a token for a coin, because of their names e.g "NOTCOIN is just a name of a " TOKEN" built on THE OPEN NETWORK ($TON๐Ÿค‘ )


So when next you hear a project saying they're launching on ๐Ÿ”ฅSOLANA, BNB, ๐Ÿค‘TON, โœ…ETHEREUM just know that its a TOKEN and not a COIN. But if they say the project is launching it's own blockchain network, just know its a COIN.


๐Ÿ“In summary take it like this.
COIN โžก๏ธ INDEPENDENT

TOKEN โžก๏ธDEPENDENT


Do you find this educative ?
๐Ÿ“โœ๏ธ.
Lets dive right in ๐Ÿ˜Ž


โžก๏ธNFTs
The meaning of NFTs is (Non-fungible Token). These are unique kind of digital asset that serves as PROOF OF OWNERSHIP or AUTHENTICITY of a particular item or piece of content such as, art, video, music, or virtual property (i mean virtual real estate) etc..

๐Ÿ“ฅThe "Non-fungible' you see simply means that, NFTs are unique digital items that cannot be swapped for one another, unlike cryptocurrencies like Bitcoin, where each unit is the same as the next.

๐Ÿ˜Do you understand? permit me to say you're an NFT, yes a living NFT, you cannot be swapped with another person and still be Mc Zeez, because you're unique & non-fungible.


๐Ÿ’กMore lights. Take for instance you borrowed me 1k naira note, and if i want to pay you back I'll have to give you 1k naira right? But i give you another 1k naira note different from the actual one you gave me Earlier and they won't be issues, or i can decide to give you two 500 Naira note to pay back and you have your 1k back right?
Lets dive right in ๐Ÿ˜Ž


โžก๏ธNFTs
The meaning of NFTs is (Non-fungible Token). These are unique kind of digital asset that serves as PROOF OF OWNERSHIP or AUTHENTICITY of a particular item or piece of content such as, art, video, music, or virtual property (i mean virtual real estate) etc..

๐Ÿ“ฅThe "Non-fungible' you see simply means that, NFTs are unique digital items that cannot be swapped for one another, unlike cryptocurrencies like Bitcoin, where each unit is the same as the next.

๐Ÿ˜Do you understand? permit me to say you're an NFT, yes a living NFT, you cannot be swapped with another person and still be Mc Zeez, because you're unique & non-fungible.


๐Ÿ’กMore lights. Take for instance you borrowed me 1k naira note, and if i want to pay you back I'll have to give you 1k naira right? But i give you another 1k naira note different from the actual one you gave me Earlier and they won't be issues, or i can decide to give you two 500 Naira note to pay back and you have your 1k back right?

But with NFTs you will have you to give me back that particular 1k i gave you which is almost impossible, now you see another reason why they're non-fungible ? & you see that the proof of ownership makes it a unique digital item that cannot be swapped?

โœ๏ธ
In summary, take it that nfts is a unique digital item that cannot be exchanged. You might want to ask why then do more person have the same nft?๐Ÿค”

If you look closely you will find something like this #3246 or #111233 or #72637 on same nfts, this codes are the uniqueness of the item & the proof of ownership that makes them non-fungible.

Are you following? โœ๏ธ
Alright the first thing you should go for is KNOWLEDGE. ๐Ÿ“ฅ

You'll have to understand what you're doing so you don't get lost.

โžก๏ธSecondly your MINDSET.
You should always remember that the space is wide enough for you to succeed and more opportunities will come. So don't have the mindset of quick gains or life changing money at first go for the knowledge, it could be on Airdrops like you mentioned, futures trading or even being a validator, or degen etc..

โžก๏ธ Set goals and archive them. You might say in the next six months you want to expand my knowledge about DEFI or about Airdrops and be better than my former self. Make sure you get that done.


โžก๏ธ Always learn from your mistakes and defeat greed.



โžก๏ธ Be security conscious because anything online can be hacked.
ABOUT NFT
๐Ÿ“ฃ๐Ÿ—ฃYou don't sell NFTs like cryptocurrency.
Where you just buy and sell by pushing few buttons.


With NFTs you'll have to list your item for sale, not just anywhere but the marketplace where the NFTs are being traded.

๐Ÿ˜Example your NFT can be listed on Opensea.io ,NFT show room, magic eden, Nifty gateway etc.. what you'll have to do is to know the marketplace where your NFT is being listed, then go there, connect the wallet you have that NFT, search for the NFT and list it for sale. you'll then make sales when you accept bids from biders. lets say you list your NFT for $100 someone might bid that NFT for $70, if you wish to accept the offer you've automatically sold of your NFT.
MIDNIGHT WATER ๐Ÿ’ง


I believe youa might have seen people talk an L1 cryptos & still don't understand what it actually means right?


๐ŸŽ™Okay take it that L1 stands for Layer 1. It refers to the base blockchain network, like Bitcoin or Ethereum, which operates independently without relying on other blockchains. L1 handles all the core functions such as processing transactions and securing the network.
In simple terms, it's the main platform where everything happens, and other solutions or improvements can be built on top of it.

I hope you get this now ?


Stay tuned๐ŸŸข
If you're up and grinding remember to rest too your body needs it.

You'll win just don't give up๐Ÿ‘Œ
So we talked about layer 1 earlier now you also hear L2 right?

๐Ÿ“ฅNow lets discuss L2 (Layer 2) in crypto refers to technologies built on top of Layer 1 (L1) blockchains like Bitcoin or Ethereum to improve performance. L2 solutions aim to make transactions faster and cheaper by taking some of the load off the main blockchain (L1).
For example, instead of processing every transaction directly on Ethereum, Layer 2 can process them off-chain and then settle the results back on the main Ethereum network. This helps reduce congestion and lowers fees, making the network more efficient, like without bugs.

๐ŸŽ™I hope you're learning?
See you're having a very rare opportunity use it now.

๐ŸŽ™Now you see you're grinding, farming airdrops & participating in testnet and at the same time you're learning. isn't that a blessing? ALL for FREE ($0).


STAY BLESSED ๐Ÿ‘Œ