How Does MetaMask Work?

What is MetaMask?

MetaMask is a browser extension that allows you to create and manage an Ethereum wallet. It is often seen as the standard for operating on the Ethereum network. It's the most ideal tool for storing your NFTs and managing Ethereum, sending and receiving it.

Why MetaMask?

MetaMask is user-friendly and offers reliable customer support. It is open-source, so if you're a programmer, you can check if everything is okay with the code yourself. Many dApps and decentralized exchanges allow you to log in directly with MetaMask. It is a very pleasant, safe, and transparent tool.

How do I create a MetaMask wallet?

Firstly, we recommend creating a new email address that you only use for MetaMask and Coinbase to prevent phishing and hacking. It would be at least annoying if your wallet were 'hacked' and your earnings disappeared!

Go to MetaMask via your Chrome, Firefox or Brave browser to download the extension for your browser. We are fans of Chrome, but tastes differ! MetaMask also recommends using Google Chrome.

After clicking on 'install' to activate the Chrome extension, if you can't immediately find the MetaMask fox in your browser's bar, go to 'extensions' and pin it. This way, you can always consult and use it immediately when necessary. After activation, you're ready to use MetaMask.

Linking a wallet to MetaMask? Do you already have a wallet by any chance? Then link your existing wallet. This happens through your unique API key.

Chances are you're creating a new wallet, and this can be done within seconds. Choose a secure password, note this password for yourself, and keep this password in the safest place you can think of. Next, your 'backup seed phrase' will appear. This is a combination of 12 words that serve as a safety backup. You will also have to note and store these words in the correct order because you never know when you might need a backup for your account. After you have confirmed the words in the correct order, you will get some tips to secure your account well. So again: keep your data safe and never share this information with anyone else! If someone with bad intentions has access to your Ether, you lose everything. MetaMask can't reset your secret seed phrase!

Storing wallet details safely?

We cannot stress enough how important it is to keep your password and seed phrase in a safe place. Also keep a copy of this data at an external location. Consider a bank safe or a safe at a trusted family member's place. You could also buy a hardware wallet and keep it in a safe place.

Before we forget: Have we already mentioned that it is wise to write down your password and seed phrase and store them in the safest place you can think of? If not: Do it!

Do you want to know how you can avoid being scammed? Visit the following page here.

How do you use MetaMask?

The MetaMask home screen is self-explanatory, it's clear and simple. The screen initially appears the same as your Chrome extension, but if you find it more comfortable, you can enlarge it in the browser. At the top, you'll find your account, determined by your own address; a long and unique code. This code is your online identity, and anyone can view your transactions on Etherscan. Through the menu on the right, you can go directly to transactions and management on Etherscan.

So MetaMask is not just a wallet; it's an essential tool for engaging with the Ethereum blockchain and decentralized applications. Like any other tool, the key to getting the most out of it is understanding how to use it properly and securely. This article has provided you with the basics, and from here, the possibilities of what you can achieve with MetaMask are vast. Always remember, the security of your MetaMask wallet is in your hands, so be smart, be safe, and enjoy exploring the world of Web3.

What can we offer to collectors?

The NFT collection in Artwork21's digital gallery consists of various influences from contemporary art, including Street Art and Pop Art. Our partners are artists who produce quality and are open to (self) development. For the artists we collaborate with, we have set up a fair and transparent system so that they can primarily focus on the art. Want to know more about Artwork21's art collections? Check out the website and follow us on social media. Do you have a question? Click on the contact button at the bottom of this page.

What can we offer to artists?

Artwork21 is an NFT label for artists. We stand for reliability, creativity, and innovation. When an artist becomes part of Artwork21, they are 'part of the family' and assured of a sustainable relationship. As a label, we manage the entire process surrounding NFTs from A to Z. We work with Blockchain, which makes us transparent and accessible for both the artist and the collector through NFT technology. Are you or do you know an artist? Visit this page for more information or click on the contact button, and we will get in touch with you as soon as possible.

 
 

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We do not provide financial advice in any way, and no rights can be derived from that either.

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