Nami Wallet Setup

Here's a step-by-step guide to setting up a new Nami Wallet (Chrome extension), setting it to the preprod Ada network, noting the receiving address, and backing up your mnemonics:

Step 1: Install the Nami Wallet browser extension

1. Open your preferred browser.

2. Visit the official Nami Wallet website at https://namiwallet.io/.

3. Click on the "Download" or "Get Started" button (or similar, depending on the site's design).

4. You will be redirected to the official download page for the Nami Wallet extension. Click on the download button for your specific browser (Chrome, Firefox, etc.).

5. Confirm the installation by following your browser's prompts.

Step 2: Set up a new Nami Wallet

1. Click on the Nami Wallet icon in the top-right corner of your Chrome browser.

2. Read and accept the terms and conditions.

3. You will be presented with two options: "Create new wallet" and "Restore wallet." Click on "Create new wallet."

4. Set a strong password for your wallet and click "Next."

Step 3: Backup your mnemonics (recovery phrase)

1. The wallet will now generate a 24-word recovery phrase. Write it down and store it in a safe place, as you will need it to restore your wallet if needed. Click "Next."

2. Verify your recovery phrase by selecting the words in the correct order, and then click "Confirm."

3. For extra security, consider backing up your recovery phrase in multiple secure locations, such as on paper, in a password manager, or in an encrypted file stored on a secure device or cloud storage service.

Step 4: Switch to the preprod Ada network

1. Click on the round icon on the top-right corner of your Nami Wallet to access the settings.

2. Under "Network," click on the dropdown menu and select "Preprod."

3. Click "Save" to confirm your selection.

Step 5: Note the receiving address

1. Click on the "Receive" tab in your Nami Wallet.

2. Your receiving address will be displayed in the form of a QR code and a text address.

3. Click on the "Copy" button next to the text address to copy it to your clipboard.

4. Save the receiving address in a secure location, as you will need it to receive Ada on the preprod network.

Step 6: Add a Collateral Amount

1. Make sure you have atleast 5 tADA

2. Select the round icon on the top right corner

3. Select Collateral from the drop-down menu

4. Add the collateral amount (around 5 tADA) in order to interact with the NTX smart contract on Cardano

You have now successfully set up a new Nami Wallet, connected it to the preprod Ada network, backed up your mnemonics, and noted the receiving address. You can now use this address to receive and send transactions on the preprod network.