How to Buy Lazy Lions NFT
The Lazy Lions NFT is a collection of 10,000 NFTs with over 160 various qualities such as eyes, mane, attire, headgear, expression, and more. It is a blue-chip NFT that is hosted on the Ethereum blockchain and is gaining popularity among NFT enthusiasts as a blue-chip NFT. The Lazy Lions have quickly joined the ranks of notable NFT collections like CryptoPunks and Bored Ape Yacht Club.
With 3000-4000 participants in the sale, the entire collection sold out within five hours of its opening. Nearly $1.5 million was raised in the first auction, with the costliest Lazy Lion NFTs fetching $50,000. Lazy Lions’ major purpose as a community-focused project is to empower people to enter and prosper in the NFT environment. The team’s dedication to developing programs to give back to the community reflects its efforts toward that goal.
- 1 Why Buy the Lazy Lions NFT?
- 2 Step One – Set up Your Crypto Wallet
- 3 What Other Digital Wallets Support Lazy Lions NFT Purchases?
- 4 Step Two – Buy Ethereum
- 5 Step Three – Browse the Lazy Lions Collection
- 6 Step Four – Buy Your Very Own NFT
- 7 Final Words
Why Buy the Lazy Lions NFT?
In order for people to remain engaged in an NFT collection, it must have an attractive, up-to-date roadmap. Lazy Lions has a fantastic rewards program and some exciting new features planned.
As for holders of NFTs, a play-to-earn Lazy Lions game will be launched in the future. There isn’t much to say about this because the website provides almost no information. Other NFT collections, such as Street Fighter, Along with the Gods on Roblox, and Neo Tokyo NFTs, have been gaming-related (a favorite so far).
ROARwards is a major driving force for the project. This is a rewards program that is only available to LL members. You can earn ETH every month just for participating in the project, whether it’s by using Discord, changing your Twitter profile picture, or simply being a part of the community.
Furthermore, ROARwards are a marketing-related expense from the project’s perspective. Many other NFT ventures pay celebrities to convert their profile images to NFTs, however, the Lazy Lions project has chosen not to do so, instead, it reinvests its income in the community.
Step One – Set up Your Crypto Wallet
The majority of NFTs on OpenSea are purchased and traded with Ether, the Ethereum blockchain’s native cryptocurrency. Make sure that you have enough ETH in your wallet to cover the cost of the NFT, as well as any other expenses.
A Little Bit About Crypto Wallets
Crypto wallets keep your private keys – the passwords that grant you access to your cryptocurrencies – safe and secure while allowing you to transmit and receive cryptocurrencies such as Bitcoin and Ethereum.
They come in a variety of shapes and sizes, from hardware wallets like the Ledger (which looks like a USB stick) to phone applications like Coinbase Wallet, which makes using cryptocurrency as simple as purchasing online with a credit card.
Unlike a traditional wallet, which can hold physical cash, crypto wallets do not store your cryptocurrency. Your assets are stored on the blockchain, but only a private key can access them. Essentially, your keys verify that you own your virtual money and allow you to make transactions. You lose access to your money if you lose your private keys. That’s why it’s essential to keep your hardware wallet safe or to use a reputable wallet service.
Get Started with Your MetaMask Wallet
1. Install MetaMask – The first step is to visit the official website and download the MetaMask wallet software onto your preferred device.
2. Choose “Create a Wallet” – Accept the terms of a short disclaimer and create a password when requested. It’s important to write down several copies of the password on various pieces of paper, just like you would with any other password.
3. The next screen will explain what a secret recovery phrase is, how to write it down (again, on paper, not in digital form), and why you should never reveal your secret recovery phrase to anyone.
4. MetaMask will then ask you to solve a problem to verify that you have safely stored the password.
What Other Digital Wallets Support Lazy Lions NFT Purchases?
MetaMask has a strong competitor in Math Wallet. Its most notable feature is that it supports over 70 different blockchains. It has an online, desktop, and mobile wallet that syncs between devices, as well as interfaces with several hardware wallets. You can also create several addresses with Math Wallet.
Users can view NFT markets using Math Wallet’s built-in App browser. It also has a number of other services for cryptocurrency users, such as staking, swapping, and providing its own utility token.
Binance owns Trust Wallet, a popular mobile-only wallet. It supports a variety of blockchains, including Ethereum, but because of its affiliation with Binance, it is primarily oriented toward smart chain tokens. However, because Trust Wallet is already set up for BEP tokens, it may be the ideal solution for you if you’re interested in NFTs on the Binance smart chain.
Trust Wallet, like other wallets, provides a dApp browser for finding NFT marketplaces, making it simple to buy NFTs from within the wallet. It also has a built-in exchange tool that allows users to quickly trade currencies to get the token they need to exchange for the NFTs they wish to buy.
Step Two – Buy Ethereum
You must first purchase Ethereum and keep it in your crypto wallet before purchasing a Lazy Lions NFT. Since these digital assets are still relatively new to the digital market, you won’t be able to buy them in an exchange.
Instead, you’ll have to acquire NFTs with Ether, the native coin of the Ethereum blockchain. When you have enough Ether to buy a Lazy Lion, you’ll need to move your crypto tokens to your Ethereum wallet.
Buy Ethereum with MetaMask
Now that you’ve gotten a taste of what’s out there, put some ETH in your wallet. The quickest way is to press “Buy ETH” on your wallet’s main screen.
Follow these steps:
1. Go to the wallet’s home page.
2. Purchase ETH by clicking the Buy ETH button.
3. You can buy ETH with Apple Pay (only in the United States), a credit card, or a bank transfer. Since MetaMask Mobile converts fiat currency to ETH using Transak, you may be subject to different restrictions depending on where you live.
5. Your account’s balance in MetaMask should change in a few minutes after the transaction has been executed or “mined” on the Ethereum blockchain. By clicking the pop-up link on a block analyzer like Etherscan, you can verify the status of your transaction.
You now have fuel to power Ethereum transactions, which you can use to exchange for other Ethereum-based tokens or buy NFTs once you have ETH in your wallet.
Buy Ethereum on an Exchange
A cryptocurrency exchange is another excellent way to purchase Ethereum. Before you can make a purchase, you must first create an account with the platform and fund it. A step-by-step guide is offered below.
1. Choose a Cryptocurrency Exchange
You won’t be able to buy cryptocurrency from a bank or an online brokerage like Fidelity or Vanguard; instead, you’ll need to use a cryptocurrency trading platform. There are numerous cryptocurrency exchanges available, ranging from simple to complicated dashboards for advanced traders.
Most cryptocurrency exchanges will let you buy Ethereum because it is so popular, but we recommend sticking to a handful of the more famous exchanges like Coinbase, Gemini, or eToro. Ethereum is also one of the few types of cryptocurrencies that can be purchased via services such as Venmo or PayPal.
Different platforms have different pricing, security measures, and other features, so doing some research before signing up is a good idea.
2. Fund Your Account
To open an account with a crypto exchange, you’ll almost certainly need to provide some personal information and have your identification verified. Then, you’ll be able to fund your account by connecting your bank account or debit card. Fees will most likely vary depending on the option you choose.
3. Place an Order for Ethereum
You’ll be able to trade your US dollars for Ethereum after your account has been funded. Simply enter the dollar amount you want to swap for Ethereum. Depending on Ethereum’s pricing and how much you wish to buy, you’ll most likely be buying shares of a single Ethereum currency. Your purchase will be displayed as a percentage of a total Ether coin.
4. Store Your Ethereum
It’s easier to leave your crypto investment in your exchange account if you only have a little amount. However, if you wish to shift your holdings to a safer storage site, a digital wallet can provide extra security. There are numerous types of digital wallets, each with varying levels of protection as mentioned above.
Step Three – Browse the Lazy Lions Collection
Go to the Lazy Lions official website and go through the Lazy Lions NFT collection before completing your NFT purchase. The truth is that these NFTs are among the most popular, and they’re commonly referred to as the best NFT investment for 2022.
Lazy Lions come in a variety of shapes and sizes, each with its own set of characteristics. View over 1,000 unique Punk characters that are now for sale on the “For Sale” tab. Each Lazy Lion is unique, hence over 160 different qualities such as clothing, mane, expression, and much more are produced programmatically.
Step Four – Buy Your Very Own NFT
- Fund your wallet with cryptocurrency to buy your NFT
- Find your NFT on an exchange
- Transfer ETH to a crypto wallet
- Buy your Lazy Lions NFT
When you’re ready to buy, go to the individual NFT you’re interested in and click the “Buy Now” button. The exchange platform will display the total amount, including fees, and you must approve the transaction in your MetaMask wallet after purchasing.
These NFTs are a great investment in 2022 because they are in such high demand! Many people are hesitant when it comes to purchasing cryptocurrency or digital assets. That does not have to be the case.
The fact is that purchasing an NFT isn’t as difficult as you may think, and with our step-by-step instructions, you’ll be able to set up a digital wallet, purchase Ether, and claim your Lazy Lions NFT in no time.
Lazy Lions is sure to attract even more investors within the next few years by showcasing its impressive and pride-worthy concept.
The commercial rights that Lazy Lions grants to its owners set the platform apart from its competitors. Anyone who owns a Lazy Lion or Bangalow NFT has the legal right to use it for commercial purposes including merchandising and physical printing. This is unquestionably a plus!
To sum it up, the upcoming Lazy Cubs NFT collection will undoubtedly set a new high for Lazy Lions. According to a recent Medium post by Lazy Lions, the Allowlist is nearly full, and NFT collectors are eagerly anticipating the release date, so they can get their hands on the rarest of all NFTs in the collection.
If you’re new to NFT investing and are considering this project, make sure you do your research first.