What is Metamask?
Metamask is an inbuilt browser (Chrome) extension that allows us to connect with the Ethereum blockchain. Metamask is known as an Ethereum “light” client. This is a type of wallet that allows you to send and receive transactions on the Ethereum network without having to download the whole blockchain.
Since we are using Ethereum’s blockchain to register and distribute our NowTee keys, you will have to use the Metamask wallet to pay for them – this is the ONLY type of wallet compatible with our NowTee sale.
In order to do this, you will first need to download and install the Metamask Chrome extension and set up your wallet. Here is how you do it…
Step 2: Open Metamask
You should now see an orange fox head on the top right hand side of your search bar. Click on the this fox icon to open the Metamask extension in your browser.
Step 3: Set Up Your Wallet & Password.
As a new user, it should ask you to create an account by entering/creating a password. Make sure you use a secure password and keep it safe. You might have to click accept to any privacy notices or Terms and Conditions before doing this.
Step 4: Write Down Your Recovery “Seed” Phrase
Once you have set up a password, you will be given the recovery “Seed” phrase for your account. This is a combination of different words (usually between 12-24) that represent your Metamask wallet’s private key, in the case that you lose your password or private keys, you can use this recovery phrase to regain access to your wallet and its funds. Make sure you write this down and keep it very safe, if you lose both it and your password/keys, your funds will be lost.
Congrats, you should have by now successfully created your Metamask wallet. For information on how to buy Ethereum and send it to your Metamask wallet, please see parts 2 & 3.