Creating an NFT Yatch Club
Building a Web3 based Membership Platform
The Non-Fungiable Token (NFT) has amused, confused and enthused entrepreneurs and software developers alike for the last few years. A large number of people own them, few really understand them, even fewer have the ability or skill to turn them into a template for a profitable business.
This book will teach you how to build smart contracts using Solidity, run and test them locally using GanacheCLI, deploy them into the block chain using Truffle or Hardhat and sell them on an active market place like OpenSea. It will also help you build a real world use case of a digital yatch club membership platform that allows you to use Web3js to validate and authorize access for users based on ownership of your NFT in their crypto wallets. You’ll learn to create real value for yourself and your NFT buyers while avoiding costly errors with your first mint or air drop.
I will explain the power of recurring revenue through the smart contract capture of a percentage of your NFT’s resale value. Finally we will discuss building and fully funding your next startup or project up front using the virtuous circle of limited minting while creating digital membership scarcity that will ultimately raise the floor price of your NFT project into the next hot commodity.
Writing Style
This book is intended to be a hands-on book, with examples of implementations in every presented concept, moving from simple to complex full working examples. It is intended to provide not only toy examples but full implementation or real use-cases for software engineers.
Target Audience
NFT Enthusiasts and Entrepreneurs, Software Developers, Venture Capitalists and Fintech workers, Influencers and anyone who runs a Membership website, Crypto industry and Web3 proponents.
Unique Selling Points
All of the most highly rated NFT books in the market right now are focused on either beginners or just a generalized view of the how and why to build an NFT, this makes sense because it’s a new industry. I want to focus on getting readers excited about developing their own Digital Yatch Club. I will explain how platforms like Bored Ape Yatch Club (BAYC) work, what makes them successful and how they drive up the floor price of their NFT, earning more with each resale in the process. While the reader can be a beginner, my title and description doesn’t talk down to the reader but rather puts them in the driver seat to build something they can really use from day one. Both beginners and long time industry experts should be excited about picking up this book.
Table of Contents
Basics of the Blockchain and Crypto
Non Fungible Tokens (NFT) Smart Contracts
Ethereum NFT Basics
Solana NFT Growth
Cardano NFT ComplexityUsing Discord or Slack vs building from scratch
Tying your NFT to an existing business
Creating a NFT based product or service
Finding the value in Gaming NFT’s
Avoiding the Rug Pull StrategyChoosing ERC 721 vs 1155
Ethereum NFT writing with Solidity
Metamask overview and basics
Testing locally with GanacheCLI
Deploying with Truffle or HardhatAvoid becoming an NFT spammer
Hyping your Community
NFT trading and floor pricing
DeFi and alternative marketsUnderstanding OpenSea and Seaport
Axie Infinity and the Gaming market
The rise of Rarible and SuperRare
Why CryptoPunks matterRunning Web3js for authentication
Etherscan and Alchemy wallet analysis
Discord bots and private channels
Slack bots and private channels
Building your pay wallThe Proxy Smart Contract Exit
Adding Tokens as a Design Pattern
When does a DAO make sense?
A virtuous resale cycle