How to purchase George Lopez Cha Cha Lucha NFTs
Get ready to bid to win exclusive NFTs, bonus rewards and amazing original art from George’s first NFT offering, as well as incredible experiences at the 14th Annual George Lopez Celebrity Golf Classic. Proceeds will benefit the George Lopez Foundation, supporting kidney families in great need!
Bidding starts Mon. July 19 at 5pm PST and closes Thu. July 22 at 5pm PST.
Bid using your debit or credit card (up to $10,000)
Start collecting Cha Cha Lucha auction items simply by using your credit card, while maintaining full flexibility and freedom on the management of your NFT. In order to place a bid, you must first create an Origin ID. Click here to sign up for an Origin ID. Bidding starts Monday, July 19 at 5pm PST.
Bid using cryptocurrency (no bid limit)
If you don’t have crypto and plan to bid more than $10,000 please request a private call so we can set you up for a proxy bid!
The below guide explains how you can buy crypto and then how to transfer that crypto to purchase your NFT.
Irrespectively of the NFT, by the end of this tutorial, you will have gone through all the common processes that are the building blocks of becoming familiar with this space including: buying crypto-money, setting up new wallets to transfer crypto-money, and securely transferring crypto-money.
Of all the great things people have said about the world of blockchain, nobody ever said it's simple!
This guide also serves as a stepping stone for entering the world of blockchain. Where, in order to use any such platform, or even to buy some crypto for your child's fund (why not), all of that, all it has to do with, is buying and transferring crypto-money; which is what this guide is all about.
Mesmerizing as it may be, the world of blockchain can become equally complex and tough to navigate. If you get stuck at any point, please request a private call and we will do our best to help 👍
Step 1: Setup an account with a crypto exchange
To buy a NFT you need crypto-money (often referred to as cryptocurrency, tokens or crypto). If you already hold crypto-money, please go straight to Step 2. There are various ways to buy crypto-money. The easiest and arguably most secure way to buy crypto is by creating an account with one of the leading centralized exchanges. Especially for people who are new to the crypto space, major crypto exchanges are highly recommended as they protect you both from theft and malicious attacks (as they make extensive use of 2-factor-authentication), but also from personal error (e.g. most commonly losing or forgetting the so called "secret phrase", which is your one-and-only, unchangeable key for decentralized wallets) that could get you locked out of your own wallet irreversibly. As you become more proficient managing crypto-money, you can always move to anonymized and decentralized solutions.
Verification may take up to 2 days (for Crypto.com; for Binance even longer), so please start setting up your account well in advance before the 24-hour NFT sale on July 19th.
In this tutorial we recommend using a mobile-first crypto exchange, Crypto.com. The most popular exchange is Binance, however we prefer Crypto for a few reasons:
It takes maximum 2 business days to verify an account in comparison to 10 business days required by Binance.
Better interface for users new to the crypto market, far less overwhelming than Binance, which feels like it is has been designed for professional traders.
Crypto.com is mobile-first, offering a far better interface on mobile overall.
It must also be noted that Crypto.com, along with Binance, are the exchanges that have dropped the transaction fees to the minimum.
You can download Crypto.com below:
Once you have an account setup with a crypto exchange and you have your account verified, please proceed to Step 2.
Step 2: Buy USDT (or similar)
Now that you have an account with a crypto exchange setup, you can buy crypto-money, meaning that you can convert actual money, like GBP, EUR or USD (all of which is referred to as fiat money) to crypto-money.
The majority of NFT marketplaces operate on Ether (i.e. the native cryptocurrency of Ethereum). However, when using Ether the significant volatility of cryptocurrencies (reaching +/- $1000 in a single day), directly affects the price of NFTs from one minute to another. To counter that, OriginProtocol, the leading blockchain provider powering Cha Cha Lucha Auction and Collectibles, uses so-called stablecoins instead. Stablecoins are crypto-money, whose value always equals to $1 USD. Other than that, they are like all other crypto-money and can therefore be used for all types on transactions on the blockchain.
OriginProtocol supports 4 stablecoins, i.e DAI, USDC, USDT and OUSD. In this tutorial we go with USD Tether (USDT) which is potentially the most widely known stablecoin.
If you use the Crypto.com app, to buy USDT:
Tap on the crypto.com logo at the bottom (the blue lion)
Tap (+) Buy at the bottom
Select Tether (ESC20) ... USDT from the list
If you don't have any card setup, click: + Add Credit or Debit Card and follow the steps.
Once you have added a card, type in the larege textfield the amount of USDT you would like to purchase, e.g. 10,000 USDT.
Tap Buy 10,000 USDT
Step 3: Create and top-up your account:
To buy your NFT, you must create an Origin ID; it only requires a username, your email address and a password.
To create your Origin ID:
Go to nft.chachalucha.com
Click the "Sign up" button
Fill in your username, email and password and click Create Origin ID
Check your inbox for an e-mail from "Origin Protocol NFT Launchpad" and click "Verify email" (If you have not received such an email yet, you will be prompted to do that step later, so just continue below)
Click on your username on the top-right and in the drop-down menu click WALLET [📱If you are on mobile, then open the menu from the top left and click Account ]
In the pop-up click the Deposit button
Please read the pop-up and then click Got it
Once the QR Code comes up, please leave that tab open.
Then open your crypto.com app (or similar) to transfer your crypto-money to your Cha Cha Lucha account. To do that:
Tap the Transfer button on the main screen of the crypto.com app
Tap the Withdraw button and then tap on Crypto
Tap on External Wallet
On the screen that comes up click the plus sign + on the top right
In the "Add to Whitelist" pop-up tap on Wallet Address
Select Tether (ESC20) ... USDT from the list
In the **"**Wallet Address Details" form that will come up, in the "USDT Wallet Address" field:
🖥 + 📱 If you have the QR Code open on your computer and the crypto.com app open on your phone:
Tap on the little QR Code icon on the far right of the field
When the camera comes up, scan the QR Code from your screen
📱 If you are solely on mobile:
Go to your browser and tap the Copy to Clipboard button that is below the large QR Code.
Go back to the crypto.com app and paste in the "USDT Wallet Address" field, with the placeholder text Tether (ESRC20) Address
In the "Wallet Name" field, type in something to remember this address e.g. "CHA CHA LUCHA”.
Tap Continue
Open your mailbox and in the "Withdrawal registration confirmation" e-mail, click "Confirm withdrawal address". If you are on your mobile phone, then you will be automatically navigated back to the app. (If you are on the computer the link won't work, because the link is intended to launch a mobile app, so please ignore that. The verification will still happen as normal)
On the crypto.com app if you go back to the "Withdrawal Whitelist" form then you will be able to see the new address.
Next to the "CHACHALUCHA" wallet, tap Withdraw USDT
Tap on the word USDT to allow you to type in the amount in USDT
Then type in the amount you would like to transfer to your CHA CHA LUCHA Collectibles account and tap the Withdraw button.
Each transaction costs a fixed fee (which is usually less than $10) however we strongly advise to transfer your crypto-money in 2 transactions 👉🏽 Firstly, to withdraw 16 USDT (the minimum allowed) and once you ensure that this amount has arrived safely in your Cha Cha Lucha Collectibles account, to then transfer a larger amount. Your "Cha Cha Lucha Collectibles" wallet address is stored in your app, so the process should only take a few seconds.⏱ Every transaction on the blockchain, especially on Ethereum where the vast majority of NFTs are traded, including Cha Cha Lucha Collectibles, takes a few minutes to be processed. Once you submit your request you will instantly receive an email from Crypto.com as a confirmation of your withdrawal request and then about 10-15' later when the transaction has been executed, you will also receive an additional confirmation.
Step 4: Buy your CHA CHA LUCHA NFT
Once you have topped up your Cha Cha Lucha Collectibles account with sufficient funds, go to the NFT auction website: nft.chachalucha.com. Bidding starts on Monday, July 19 at 5pm PST.
If you don’t have crypto and plan to bid more than $10,000 please request a private call so we can set you up for a proxy bid!