How to Buy Abstract NFTs: A Step-by-Step Guide

The NFT universe keeps expanding with new blockchains entering this market and offering creators new platforms to realize their craziest ideas and offer them to digital collectors.

One of those blockchains is Abstract, which aims to become a platform for everyday personal use applications, such as trading, gaming, social networks, AI agents, and, of course, NFTs. Known for its fast speeds and low fees, this network is already attracting creators, bringing you new NFT collections to explore and buy. 

This step-by-step guide will walk you through the process of how to buy an Abstract NFT.

What Are Abstract NFTs?

Abstract NFTs are non-fungible tokens created on the Abstract blockchain. You can already explore top Abstract NFT collections such as Final Bosu, OCH Genesis Hero, Fugz, DreamilioMaker, BEARISH, and more.

The Ethereum Layer 2 blockchain Abstract is developed by Igloo Inc., the parent company of the highly popular Pudgy Penguins NFT collection, which brings even more NFT-related experience to this new ecosystem.

Also, you can earn XPs, or Experience Points, by simply minting NFTs on this chain and interacting with its other applications. XP is the native reward system designed to incentivize Abstract users. However, XPs are not transferable between accounts.

How to Buy Abstract NFTs, Step by Step

The steps below will walk you through setting everything up so you can explore Abstract NFT collections and make your first purchase.

Set up an Abstract Global Wallet

Before you can buy Abstract NFTs, you’ll need to create your own Abstract Global Wallet (AGW). It is a smart contract wallet that allows you to easily engage with all applications on this blockchain and track your XP points, among doing other things.

You can create your own AGW by visiting the official website of Abstract, clicking ‘Enter Portal’ in the top menu, and logging in via your preferred method, such as email, Google account, wallet, or linked passkey.

Fund your wallet

Once your Abstract wallet is set up, you can fund it with ether (ETH) or stablecoins such as USDT and USDC.e., by sending them from your other wallets or exchanges. 

When moving ETH from the Ethereum blockchain to Abstract, you’ll need to use its native bridge. It’s free, but you’ll need to pay standard gas fees. Moreover, you can fund your Abstract wallet via a bank account by choosing an option provided by Moonpay.

Visit an NFT marketplace 

Next, visit an NFT marketplace, such as the leading platform Magic Eden. 

Buying Abstract NFTs on Magic Eden is easy and straightforward. With a vast array of collections and features such as live minting, price filters, and project data, it’s the perfect place to explore new digital collectibles. 

Once you’re on Magic Eden, connect your Abstract wallet and choose the Abstract network from the list of supported chains on the top menu. Once connected, you’ll be able to explore NFT collections and filter them by prices, sales, and trading volume. 

Find an Abstract NFT you want to buy

Unless you already know what you're looking for, browse the available collections and after finding the right one, click on its name to find more details about it. 

Before you make a decision, you can evaluate the floor price and its changes, top offers, trading volumes and the number of sales, total volumes, average sales, how many of listed items there are and the total supply, and the number of owners.

Initiate and sign the transaction

Once you’re ready to buy a specific NFT, click the ‘Buy Now’ button if the token is listed with a fixed price. Also, if you’d like to offer a different price, you can use the ‘Make Offer’ feature (when available).

Once the transaction is ready, verify everything once again, sign it with your wallet, and wait until your newly purchased Abstract NFT is sent to your wallet. That’s it!

You can also find all your items purchased on Magic Eden in your profile page on this website.

Final Thoughts

As the Abstract ecosystem grows, it’s likely to attract more creative NFT projects and collectors seeking not only to create and find exciting new projects but also to earn extra points for engaging with this ecosystem. 

If you’re looking to explore this new world as well and add new digital collectibles to your wallet, buying Abstract NFTs on Magic Eden is quick and simple.