This course fulfills CPE objectives.

After this course, learners should be able to:

  • Recall the definition of a non-fungible token and differentiate between assets that are fungible and non-fungible

  • Recognize the history of NFTs and identify some of the notable projects to date

  • Identify various NFT use cases across the art, music, gaming, entertainment, and retail industries

  • Recall the NFT lifecycle stages and identify the transactions that take place in each stage

A Partner Course with CipherCounts

CipherCounts is a boutique crypto accounting firm that works on some of the most advanced topics in the industry, integrating standards from public accounting. auditing, and forensics. The team is one of the only firms that combines expertise from the Big Four with advanced technology degrees, tackling topics such as: DeFi, NFTs, DAOs, perps, marketplaces, mining, validators, tokenomics, algorithmic tokens, and various other topics. CipherCounts can also be found at public speaking engagements, in addition to this crypto course partnership with BitwaveU.

CipherCounts provides a curated white-glove engagement tailored to the individual needs of an organization. Clients range from pre-seed start-ups, to billion dollar publicly traded companies, and high net worth individuals. CipherCounts offer turn-key end-to-end solutions that streamline organizations and cure accounting and organizational headaches through a variety of solutions: fractional CFO, controller, and ops services, bookkeeping, product consulting and QA, FASB research, and more. In the spirit of Web3, CipherCounts is a decentralized organization that uses its robust network to provide global solutions working at all hours, appearing at hackathons and conferences around the world.

Course curriculum


    1. Intro and Objectives

    1. What are NFTs?

    1. History of NFTs

    2. Review Question Checkpoint

    1. NFT Use Cases (Overview)

    2. Collectibles & Art

    3. Memberships & Phygital Goods

    4. Music & Gaming

    5. Certifications & Ticket Sales

    6. Metaverse

    7. Review Question Checkpoint

    1. The NFT Lifecycle and Agreement

    2. NFT Minting and Distribution

    3. Managing an Ecosystem (and a Caution to NFT Owners)

    4. NFT Acquisition and Custody

    5. NFT Valuation and “Use”

    6. Review Question Checkpoint

About this course

  • 19 lessons
  • 1.5 hours of video content

Other CPE Info

  • Program Level


  • Preparation


  • Delivery

    QAS Self Study

BitAlpha, Inc. (DBA Bitwave) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its