#📚│helpful-articles

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austere willow
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Welcome!

Here's our latest NFT articles to get you an understanding of all things NFT and to get your properly set up for the 5/5/21 launch - enjoy!

What Is NFT? Non-Fungible Token Guide
https://www.garyvaynerchuk.com/what-is-nft-non-fungible-token-guide/

How To Make A CryptoCurrency Wallet
https://www.garyvaynerchuk.com/how-to-make-a-cryptocurrency-or-nft-wallet/

4 Steps To Get ETH In Your Wallet
https://www.garyvaynerchuk.com/4-steps-to-make-sure-you-have-eth-in-your-wallet/

5 Things To Do To Best Prepare for 5/5
https://www.garyvaynerchuk.com/5-things-to-do-to-best-prepare-for-5-5/

10 Ways To Protect Yourself From Scams
http://garyvee.com/10-ways-to-protect-yourself-from-scams

hoary jungle
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5 Things To Do To Best Prepare for 5/5

gentle egret
gentle egret
gentle egret
hoary jungle
austere willow
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GUIDE TO GAS FEES @everyone

s/o to @wild coral

(Disclaimer: This guide is written to explain things in the simplest way possible and as such may miss some of the intricacies of gas.)

Gas fees are the transaction costs incurred when putting a transaction onto the blockchain.

You can pay more for your transaction to be processed quicker
or
You can pay less for your transaction to be processed slower.

It's effectively like a 'bid' that you send to the miners to prioritise your transaction over others "on the blockchain".

Whilst you can choose to manually adjust the Gas Price (measured in GWEI). NEVER CHANGE THE GAS LIMIT.

DROP TIME

  1. Head on over to https://www.veefriends.com/

  2. Make sure that your MetaMask wallet is connected by clicking "Connect Wallet" in the top right. Then enter your password, click “Unlock" and follow the prompts to connect your wallet.

Paying and Adjusting Gas:

Note: You may have to pay more than the gas fees stated on gasnow.org, as the gas used for buying a token is usually more than a standard transfer.

  1. When purchasing a token, click 'Buy Now' and 'Proceed to Payment'. Your MetaMask wallet will pop up asking you to confirm the transaction.

At this point, you have two options:

  1. Accept the transaction as is and click 'Confirm'
    or
  2. Adjust the Gas Price (in GWEI) to prioritize your transaction over other transactions on the network.)

It will clearly display the Gas Fees you'll pay (in ETH), under 'Gas Fee'/'Transaction Fee'/'Network Fee' (which is usually shown at the bottom of the MetaMask window).

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  1. If you choose to change the Gas Price, you are usually able to select a pre-selected speed of 'Slow', 'Average', 'Fast' — or you can set your own Gas Price in the 'Advanced'/'Advanced Options' tab.

(DO NOT CHANGE THE GAS LIMIT)

  1. Here you can manually change the Gas Price (in GWEI). It's a good idea to look at gasnow.org (linked below) to see the current gas prices. Putting a value too high, means you may end up paying more gas than you need to. Too low and you risk your transaction not being processed in time. When you've entered an amount, click 'Save', and then 'Confirm'.

PLEASE NOTE: You should check on the Gas Price AS YOU SEND, as these are constantly fluctuating.

  1. You’re done! Now, you must wait for MetaMask to confirm your transaction is completed. You can check the “Activity” tab in MetaMask to see the status of your transaction.

The steps above do NOT guarantee your transaction will be successful. It can still fail, and if your transaction fails, the amount you spend on gas is still paid to the miners.

FAILED TRANSACTIONS

Your transaction may fail if someone chooses to buy at the same time as you and their transaction is processed before yours.

It's important to note that you will STILL pay the gas fees, even if your transaction fails.

Useful websites:
https://gasnow.org/ -for checking current gas prices
https://etherscan.io/gastracker#historicaldata - for checking historical gas prices

Main source: https://medium.com/the-link-art-blocks/art-blocks-101-eb32c6d49cc2

austere willow
gentle egret
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@everyone

[15min read] 2 useful twitter threads worth reading around the newest scams in the NFT space. It has to do with scanning a QR code from fake support instead of entering your secret recovery phrase/seed phrase.

  1. We will never ask you to leave our server for support, uncertainty on DMs or potential scams flag #🛑│report-scams.
  1. Always verify a MOD/Admin you are talking to. Best way is by going to the official VeeFriends server, find the MOD/Admin name, right click on the name and click message. If it's FAKE, a new message box with the real admin/mod will pop-up. Admins and mods will never ask you for your private key, seed/secret phrase, or other confidential info.
  1. Never open links you can't verify down to the letter.

https://twitter.com/sohrobf/status/1430478533306982408
https://twitter.com/_jeffnicholas_/status/1430323445057744897

I was scammed / socially manipulated / hacked on @Discord and @OpenSea and lost three @BoredApeYC, four @0n1Force, and three @worldofwomennft totally roughly 250 eth in value by getting tricked into exposing the Metamask QR Code in the Chrome Browser Extension. I’ve never felt

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Today has been rough. While I’m currently feeling a little better, I want to get in front of this & explain what happened last night as a cautionary tail for anyone - whether noob or seasoned vet - because I believe this can happen to anyone if ur guard is down like mine was.1/27

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gentle egret
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Everyone,

The problem
A lot of Direct DM scams happening. For example,

  1. asking users to join new NFT projects for giveaways
  2. Pretending to be VF staff asking for ETH
  3. Pretending to be VF bot asking for ETH
    We will NEVER DM you about giveaways or ask for ETH.

What can you do?
We highly recommend you go to server Privacy Setting > turn OFF direct messages from members. That way, they must add you as a Friend before DMing you.

Also, please report any unsolicited DMs (against our rules) in #🛑│report-scams so our staff can help.

(shared in #announcements awhile back, dropping here so everyone can reference)

gentle egret
pseudo mulch
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@everyone @here PLEASE READ! An educational thread that is important to know for anybody who uses OpenSea, Rarible, and other Web3 platforms. https://twitter.com/veefriends/status/1485693465212207113?s=20

Education time! A loophole has been discovered affecting users of @opensea and @rarible which allows your NFT to be sold at a previously listed price, even if it doesn't currently show that it's listed for sale. Let's dive deeper: đź§µ

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night zealot
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@everyone
There are so many new terms in web3, tons of project updates, and what does G.O.O. mean? And something about Series 2, but what is Series 1? With our community growing and the VeeFriends ecosystem evolving, we believe it would be beneficial to those inside and outside the community to have a breakdown of all the VeeFriends Collections.
https://blog.veefriends.com/veefriends-collections-breakdown-2fa76c436e1b

Medium

There are so many new terms in web3, tons of project updates, and what does G.O.O. mean? And something about Series 2, but what is Series…

night zealot
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As VeeFriends Series 2 is set to drop in April of 2022, we want to provide access, resources, and educational value for those looking to learn more about the fundamentals of NFTs. We will be hosting free-to-attend educational zoom sessions to help those who are looking to finally make the jump into NFTs feel more confident in their decision-mak...

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night zealot
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How to protect yourself from NFT scams:

https://www.youtube.com/watch?v=RPkUe6tKBeU&t=4s

With @VeeFriends Series 2 right around the corner, there are MANY bad actors looking to scam people and steal their NFTs and money. Scammers are constantly trying to trick people into clicking fake websites (that look very real) through email, random DMs, and pretending to be GaryVee or VeeFriends staff.

This is the most critical time to be ext...

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