If you’ve read the earlier crypto articles on this blog (What is Crypto and How Does it Work? and What is Crypto Mining? Can Anyone Do It?), you already have a good handle on what the blockchain and crypto currencies are, and how to mine crypto. But what is NFT Crypto? Well, there’s an 11-minute video below that explains it in detail, but here’s the quick description:
NFT stands for Non-Fungible Token. OK, but what exactly is that? Well, non-fungible means that it can’t be duplicated or replaced. It is unique, and if you own one (or more) it’s something that you, and you alone, own.
Great, but how does that benefit me? Well, to understand that, we first need to understand the evolution of the Web from its 2.0 version to its 3.0 version.
Web 3 vs. Web 2
Today’s most popular apps, including games, news, and social media apps, run in Web 2 (also called Web 2.0). In Web 2, the app owners own all of your data: Where you are, where you’ve been, what you search, which apps you use and for how long, what you buy, etc. etc. And if you have any type of health-related app (weight loss coach, sleep monitor, step tracker, exercise logs/watches, etc.), the app owners own your health data, too. What do they do with it? Why, sell it for a huge profit, of course. Sell to whom? Whomever they want… Which most likely means to whomever gives them the most (money, benefits, etc.) for your data. But it’s YOUR data, isn’t it? So shouldn’t YOU own it? That’s where Web 3 comes into play.
In Web 3 (also called Web 3.0), data is owned by its users. Now, there’s a concept! How about YOU own YOUR data? How about YOU decide which of YOUR data you share with/sell to others… And to whom you share it/sell it. This is where the NFTs come in. When you own an NFT, you own the data on it. Whether that’s artwork, your browsing data, or your private health data.
What is NFT Crypto?
An NFT (Non-Fungible Token) resides on Web 3. It houses data that you, and you alone, own. It could be digital artwork that you own. Or, if there were such a thing as a social media NFT, you could own your social media history, and nobody else could access it, unless you gave/sold it to them. Same with browsing history and health data.
Unfortunately, as of the writing of this blog post, there is yet no such thing as a social media NFT nor browsing history NFT. I’m sure those are coming at some point, and I, for one, can hardly wait. I am very much OVER (and super creeped-out by) the total invasion of my privacy… Not to mention how ludicrous it is that other companies own MY data and make money from it… ESPECIALLY my health data.
GOOD NEWS: There is a health data NFT!
You read that right! YOU can now own YOUR health data collected by your wearable device. And YOU can decide if you want to sell it… And, if so, to whom you want to sell it. But best of all, before being sold, your data is completely anonymized… (Nobody will be able to tie any of the data back to any individual)… Then, it will be compiled with other anonymized data from other users and sold, as a block of data, to whomever you have chosen. How awesome is that?
All you have to do is wear your health-tracking device, and the data collects automatically. You earn crypto based on how much data is collected and that you agree to sell. So, effectively, your heartbeat earns crypto. (You can also earn crypto by referring others. And once you see all the data available to you to help you reach your own health goals… And how much you’ll earn just by wearing your device… You’ll definitely want to share the good news!)
It all starts with a health data NFT from a company called Inpersona and a wearable health tracking device from a company called Helo. These 2 companies have partnered to bring the world the first wearable health tracking device that allows its users to own their own health data… Not only to monitor all of your own health data, but also to profit from the sale of your completely anonymized data, if you so choose.
This brief 2 1/2 minute video explains the concept, and below that are complete instructions on how to get started, if you’re interested. (You can bet I already have mine and am already minting crypto currency with my heartbeat.)
What Is NFT Crypto and How Do I Get Mine?
Get Started Here
- Download the free Inpersona App to your Apple or Android phone.
- Open the app on your phone and set up your new account.
It’s super easy! Just follow the onscreen instructions.
- Get your Invite Code
Your invitation code entitles you to a free voucher for your device. I have a limited number of invitation codes that I will share with anyone who has set up an account and asks for a code. Just fill out the form on the right side of this page, and I’ll respond to you with a code.
- Set Up Your Crypto Wallet
This is where your USDV (US Dollar Vyvo tokens) will be paid. Since USDV corresponds one to one with the US Dollar, the values here represent the exact amount of cash paid to you in US Dollars.
NOTE: It’s easiest to set up a new wallet. But if you’re experienced with crypto and have a crypto wallet you’d like to add into the Inpersona app, you may do that. - From the Home Page of the Inpersona app, select the Globe at the bottom of the screen.
This will open a decentralized web browser within the Inpersona App.
- Android Users: The m.inpersona.com site is opened for you. Just click <GO>
Apple Users will need to type: m.inpersona.com <Enter>. Then, Click <GO>
- Select Your NFT Level
Note that at the time of writing this blog, only the Founder’s NFT is available. This is the level that pays you the most money. But within just a few months, all NFT levels will be available, so you can choose the level at which you want to earn. The higher the level, the more efficient the mining/minting process is, so the more money you will earn.
- Get Your Device
Once you purchase your NFT, you will receive an email with a voucher for a free wearable, health-monitoring device from HeloDevice.com. All directions will be in that email.
That’s it!
That’s it! Once your device arrives, just strap it on and start monitoring your health… And start getting paid for getting healthy! Ready to get started? Follow the instructions above, and you’ll be on your way to a healthier you… and a wealthier you!