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ETH, erc20, collectibles (self.ethereum). 19 . . . stuffmusic


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Long time bitcoiner, exploring ethereum. No, not because of today’s pump, have been hodling eth for years. Looked for a Eth Beginners sub, but didn’t see one, let me know if this belongs elsewhere.

Made my metamask wallet, backed up password and mnemonic seed.

Bought a .crypto web3 domain.

Linked unstoppable with metamask.

Initiated transfer.

What exactly is happening? I understand I will take custody of my domain, but where? Stored on my Eth address that metamask assigned to me?

Is it a erc20 token? A collectible? Can I send a collectible to an ETH address?

Some clarity here is appreciated.

In short, domains, tokens, and collectibles are all just programs running on Ethereum. A program ("smart contract") can have a list of accounts and what they own. Basically, you can make public ledgers

So it's not like a token is "transfered into" your wallet. The smart contract ledger simply lists your eth account + what you have

How you interact with smart contracts depends on their functionality, but a lot of things have standardized around ERC20 tokens and ERC721 collectibles

Check out r/ethfinance Many people there would be happy to help answer questions like yours

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