01
· FAQ

Frequently Asked Questions

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01
· FAQ

Frequently Asked

Questions

Stay Safe

  1. Never share your private key or seed phrase with anybody.
  2. Never click links sent to you via direct messages on Discord, Twitter, or other channels.
  3. Never connect your wallet/Metamask to websites sent to you directly.
  4. Project Alpha, or any other partner will never contact you directly to offer support.
  5. Never buy NFTs that appear to be in the Project Alpha collection, except for the official NFT found through our official links on Discord.
  6. Only trust official information published on this website or in the #announcements channel on the official Discord server.
  7. Only buy or sell Project Alpha NFTs on the official OpenSea collection.

General Questions

What is an NFT?

A non-fungible token, or NFT, is a digital asset used to represent ownership of unique items or access, whether digital or physical. Most commonly they are used for digital collectibles. Ownership and transfer of an NFT is secured by the Ethereum blockchain, which ensures that one NFT only has one owner at any given time, and that nobody can modify the history of the token’s ownership.

What is cryptocurrency?

Cryptocurrency is a digital currency or store of value that uses the blockchain, a digital transaction ledger, to record and secure online transactions. Cryptocurrencies can be used to buy goods and services. Currently, the most traded cryptocurrency is Bitcoin, followed by Ethereum.

What blockchain are these NFTs minted on?

This NFT is minted on the Ethereum blockchain.

What is a “digital wallet”?

A blockchain wallet is a digital storage that enables you to store and transact with cryptocurrency. In its simplest form, a wallet comprises a public and private key, which are cryptographically generated.

To make the process of setting up a wallet user-friendly, there are many software wallets, such as Metamask, which equip you with a wallet address, key vault, secure login, and backup options to manage your digital assets securely. Metamask runs as a browser extension and/or mobile app, and you can be up and running in just a couple minutes. Learn more at  Metamask FAQ.

With a digital wallet, you hold the keys and are in charge of your own assets. Your assets are only as safe as your keys, so back them up and keep them safe! Remember to never, ever share your seed phrase to anyone. That is for your eyes only.

How do I purchase ETH (Ethereum)?

You can purchase ETH through an online exchange such as Coinbase. Once you have purchased ETH, you can transfer the funds into your Metamask or another compatible wallet to purchase an NFT. Please keep in mind that there are limits on the amounts of ETH you can buy and sell based on your account and the platform you’re using.

What is an NFT marketplace?

NFT marketplaces enable creators and collectors to buy, sell and create. After connecting your wallet, you can purchase, auction or sell a wide range of NFTs. The leading open NFT marketplace is called Opensea, this is also referred to as the secondary market.

What happens if I lose access to my Ethereum wallet/address?

The best way to prevent a lost wallet or wallet address is to make numerous physical copies of your seed phrase (“Secret Recovery Phrase”) and to store these copies in places you know and trust. Unfortunately, not a lot can be done if you’ve lost every copy of your wallet seed phrase, so please ensure to keep it safe. Never share your wallet seed phrase with anyone. Project Alpha will never ask for this information.

Where can I see my NFT?

Once the NFT has been claimed (or “minted”), you will be able to see your NFT on the on OpenSea, or on other Ethereum-based NFT marketplaces. You can simply connect your digital wallet to the marketplace, which “signs you in,” and then browse the NFT(s) in your wallet through the marketplace’s interface.

How can I sell or trade my NFT if I want to?

If you would like to sell or trade your Project Alpha NFT, you can list the token on secondary markets such as OpenSea or other Ethereum-based NFT marketplaces.

Minting Questions

How do I "mint" my NFT?

On mint day (TBA), connect your Ethereum wallet to our official mint page (announced only through our Discord). Once connected, you will see the option to mint and confirm the transaction.

How long will I have to mint my NFT?

If you are on our WL, you will have a full 24 hours to mint before the general public. If you do not have a WL, mint will last as long as it takes to sell out. Note: if you miss the drop you can always purchase our NFT on a secondary market such as Opensea.

What is whitelist (WL) ?

NFT whitelisting is the process of getting a crypto wallet address pre-approved for minting. This grants you access to mint using your wallet address before the general public.

What is the mint price? 

This is TBA, but please check our discord for all new information.

How many Project Alpha NFT's are available for mint?

This is TBA, but please check our discord for all new information.

When will reveal be?

Reveal will take place 3 days after the general public mint.

Ethereum Questions

What is Ethereum?

Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority. Transaction records are immutable, verifiable, and securely distributed across the network, giving participants full ownership and visibility into transaction data. Transactions are sent from and received by user-created Ethereum accounts. A sender must sign transactions and spend Ether, Ethereum's native cryptocurrency, as a cost of processing transactions on the network.

What are "gas fees"?

A gas fee is something all users must pay in order to perform any function on the Ethereum blockchain.

What is an ERC-721 token?

ERC-721 is a token standard on Ethereum for non-fungible tokens (NFTs). Fungible means interchangeable and replaceable; Bitcoin is fungible because any Bitcoin can replace any other Bitcoin. Each NFT, on the other hand, is completely unique. One NFT cannot replace another.

Team Questions

How do I contact the team?

Please reach out to us on Discord!

Are you hiring?

We will be posting all available job listings shortly after our mint.