i'm buying everyone NFTs for Christmas

About this video

NetworkChuck explains his plan to gift cheap Solana NFTs for Christmas and walks through the whole process, stressing this is not financial advice and that an NFT could prove valuable or worthless. He deliberately avoids Ethereum NFTs because of high gas fees and chooses Solana, where he says sending costs a fraction of a cent. Step one is buying Solana on an exchange — he uses Coinbase and suggests Coinbase Pro to reduce fees, setting himself a $500 budget for the video. Step two is installing the Phantom browser wallet, saving its secret recovery phrase, and transferring Solana to it. Step three is buying on Magic Eden, sorting the marketplace by price low to high to find NFTs around a dollar, connecting Phantom (with a warning that malicious sites can try to drain a connected wallet), and approving purchases. Step four creates a paper wallet: in Phantom he creates a second wallet, copies its public address and exports its private key, sends an NFT to that address, then builds a printable gift card using a template, QR-code generator and Pixlr, with QR codes for the public address, private key and a Solscan link to the NFT. Step five has the recipient import the private key into a Solana wallet app such as Slope to claim it, optionally moving it to a fresh wallet. A bonus step covers printing the NFT artwork (via Solscan’s original image link) or using an NFT display frame. A sponsored VPN segment appears mid-video.

Key takeaways

• He chooses Solana over Ethereum for gifting because transfer fees are, in his account, less than a penny versus high Ethereum gas.
• Workflow: buy Solana on an exchange, move it to a Phantom wallet, then buy on Magic Eden sorted by lowest price first.
• A paper wallet gift means giving the recipient both the new wallet’s public address and its exported private key, which transfers control.
• Always verify a site before connecting a Web3 wallet, because malicious sites can attempt to empty a connected wallet.
• Recipients claim the gift by importing the private key into a Solana wallet app, and can move the NFT to their own new wallet afterwards.

Episode details: published December 22, 2021 · 20:11 long. Summary written by Self Growth Videos from the episode itself. Business results and any income figures mentioned are NetworkChuck’s own claims, shared for education — they are not typical or guaranteed.

← Previous: KILL Linux processes!! (also manage them) // Linux for Hackers // EP 7 · Next: create the ULTIMATE hacking lab in 5min!! (Docker Containers STREAMING Kali Linux to your browser) →

All NetworkChuck videos · NetworkChuck profile · NetworkChuck on YouTube