The Nifty Gateway blockchain wallet explainer
Wtf is a wallet? Why do I need it to collect nifties?
A nifty is a digital good that lives on a public blockchain network.
Your wallet is the place that you store them.
If you’re reading this, you’re probably used to the old way of collecting digital items. In the old world, your digital goods lived wherever you used them.
For example, if you own an item in World of Warcraft, it lives inside your World of Warcraft account.
However, if something happened to your World of Warcraft account, then your World of Warcraft items are gone forever.
That doesn’t happen to nifties. Nifties are permanent.
A good example of a nifty is a Rinkeby Legend.
It’s a digital good, like a World of Warcraft item. But it isn’t stored inside the World of Warcraft game, its stored on a public blockchain.
If Rinkeby Legends shut down forever tomorrow, you will still have your Rinkeby Legends cards.
So what is a wallet?
A wallet is where your store your Rinkeby Legends and other nifties!
Nifty Gateway helps you set up and use a wallet.
The best part …
Whats the best part? Even if the Rinkeby Legends game gets deleted from the face of the earth, your Rinkeby Legends cards will still be safely residing in your wallet!
Your World of Warcraft items might come and go, but your nifties live forever!
Thats why you need a wallet. You can’t store your nifties on rinkebylegends.com because if you did, they would disappear if Rinkeby Legends did (god forbid).
So that is what your wallet is for.
We hope you found this explanation helpful. Welcome to the wonderful world of blockchain!
The Nifty Gateway team
