Introduction to Non-Fungible Tokens (NFTs) for Creatives, Collectors and the Curious

Analytics & Tech
Innovation & Business Improvement

Next Intake: 5 Mar 2025 (Wed)

Basic
SkillsFuture
Short Courses

This module is conducted online.

Next course starts on

5 Mar 2025 (Wed) See Full Schedule

Fee

SGD2,180* (as low as SGD254 after maximum funding) Learn More

Duration

2 days
Weekdays (9am - 5pm)

Level

Basic

Who Should Attend

Working professionals interested in learning about NFTs as a trend and asset class
Individuals and entrepreneurs from financial, creative, consumer and learning sectors

PREREQUISITES

Participants should have taken courses on blockchain technology and digital assets offered by SMU Academy such as Graduate Certificate in Digital Finance Module 2: Digital Assets and Blockchain Technology to learn the basics of blockchain technology or attained comparative knowledge elsewhere.

Overview

Are NFTs a scam or are they the future?

In 2021 NFTs burst onto the scene and captured mainstream attention. When the crypto bubble burst in 2022, the entire industry was forced through a rough reckoning. Irrespective of the downturn in markets, the innovation in NFTs continues. For the first time, creatives are technologically enabled to capture more value of their work through royalties. Brands from Starbucks to Louis Vuitton are incorporating NFTs to reach new customers and cement loyalty.

Controversial and divisive - NFTs are still early in the process of being defined, legitimised and proven. This course gives participants a foundational understanding of NFTs from various perspectives including technical, economic and philosophical. It will teach you how to critically evaluate NFTs, and how you choose to interact with this new digital asset.

Learning Objectives

At the end of the 2-day course, participants will be able to:

Explore the spectrum of fungibility and non-fungibility, and what makes NFTs valuable and desirable
Learn what is under the hood of owning an NFT: what the “token” is; where the art/digital assets are stored and their implications
Examine the different categories of NFTs and their utility
Overview of the NFT ecosystem from both the Creatives’ and Collectors’ point of view
Learn how to research and assess an NFT project
Be aware of NFT issues and risks and how to protect yourself
What factors should you consider as a Collector and Creator
Developments and the future of NFTs

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$654

(After SSG Funding 70%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$654

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$254

(After SSG Funding 70%
+ MCES Funding 20%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$254

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$2,180

(No Funding)

$2,180

(No Funding)

$2,180

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll