What does Animation.com stand for?
Animation.com was created as a unique marketplace for all artists to showcase and sell their artwork in the form of an NFT on cardano – block chain platform.
What makes Animation.com unique?
Animation.com focuses on making it easier than with other marketplaces to purchase quality artwork NFTs on the cardano blockchain. We guarantee every successful transaction.
What does Animation.com do differently?
Animation.com curates the top digital artists of our time. Their work is sold exclusively here. It is only minted once it has been purchased.
Will you allow re-sale?
Yes. At this time we do not, but it is coming very soon.
Will you offer a standard cardano NFT marketplace to sell any NFT?
Yes. At this time we do not, but it is coming very soon. We will be separating the standard marketplace from the curated artists that we showcase.
Step 1: Sign up with Animation.com.
Step 2: Create a digital wallet online
Select where you want your wallet hosted: browser-based, locally stored on your PC, offline. Next, create your wallet by completing the required set-up instructions.
This includes submitting some personal information to validate your account/wallet. BE SURE TO SAVE YOUR RECOVERY PASSWORD.
Step 3: Choose your payment options
There are many methods you could use to pay for your coins: bank transfer, debit/credit card, PayPal or other crypto. Before proceeding with your purchase be sure to confirm what is allowed with your chosen exchange/trading platform. Also take note of the associated transaction fees for using that specific exchange/ trading platform.
Step 4: Verify Your Identity
If you intend to purchase using a credit card, most exchanges/trading platforms will require you to verify your identity by uploading a clear picture of your ID/driver’s license/passport. Some may also require you to submit proof of address.
Step 5: Buy Cardano (ADA) Coin
Some wallets like Yoroi have an integrated API which will direct you to an exchange such as Changelly to process your crypto transaction. Depending on the type of wallet you are using the transaction could take a few minutes or a few hours to complete.
Step 6: Join a pool
You can join a “staking pool” operated by another user such as ANIM staking pool. To do this you will have to connect your crypto wallet to the validator pool wire via the delegation or staking option within the wallet app.
What is a blockchain?
SSome clever people developed a new type of technology originally intended to timestamp digital documents. It evolved into a decentralized database, shared among computer networks forming linked blocks that hold specific data.
What is digital currency?
The term "digital currency" refers to money that is exclusively available in digital or electronic form usually issued by a bank and regulated by a country’s monetary governance system/office.
What is a cryptocurrency?
A cryptocurrency is simply a virtual or digital currency which allows for secure payments online through the use of coins/tokens.
What is an exchange?
A cryptocurrency exchange is a platform designed to facilitate the trading of cryptocurrencies with other assets.
What is a wallet?
The software or hardware that contains information about your coins/tokens.
What is mining?
A process whereby blockchain transactions are verified by solving complicated mathematical problems using high-performance computers. In most cases a mining pool is established to maximise profitability by combining resources and hashing more coins.
What is staking?
A group of like-minded people came together to pool their crypto resources with the intention of earning rewards by minimising fraud and errors in the blockchain.
What is Cardano?
Cardano is an open source, decentralized public blockchain and cryptocurrency project, founded in 2015 by Charles Hoskinson. The first of its kind to evolve out of a scientific philosophy and a research-first driven approach. Its founders envisioned a solution that would be scalable, secure and sustainable as a blockchain platform for the global public. These principles ensure that the blockchain can operate without interference from third parties or any central organization while delivering high throughput with low latency.
Who is Cardano?
Cardano has been working on different technologies such as side chains, parallel processing, smart contracts and delegated proof-of-stake. It also has a fair governance system that will involve voting by community members and the ability to create proposals for further development. It launched its own cryptocurrency called ADA, which can be used for sending and receiving digital funds in the form of tokens on the network. The cryptocurrency uses a proof of stake (POS) consensus algorithm, which means that it will produce more coins when you hold ADA tokens in your wallet.
Where is Cardano?
The system also offers a savings wallet for ADA tokens called Daedalus. Other wallets can also be used depending on your own personal preferences for security or ease of use e.g. Nami, Yoroi, Coinbase. Most wallets integrate the best cryptography in order to protect your assets at all times. The platform can also be used for trading the currency on public exchanges, which are regulated by Coinmarketcap, Poloniex, Bittrex, Coinbase, Libertex etc.
Why is Cardano?
Cryptocurrencies based on proof-of-work technologies make use of enormous amounts of electricity to maintain their network. All nodes in the network race towards solving a cryptographic puzzle, thus the higher your hash rate is, the higher your chance of getting the block reward. Due to the proof-of-stake technologies being implemented, Cardano is considered to be more environmentally friendly because of the selection method used to choose each validator.