Ben Analyst

What is NFT | How To make money with NFT (4 ways) | How to make an NFT


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What is NFT | How To make money with NFT | How to make an NFT 


So what is NFT?

NFT stands for Non-Fungible Token. NFTs are goods or assets that aren’t interchangeable. It’s creating or having something that you can’t replace with something else. Fungibles are those that you can interchange, one for another. Therefore non-fungible tokens are units of data stored on a blockchain and certifies a digital asset as unique and, accordingly, un-interchangeable. You can look at them as a digital equivalent of private collectibles where each piece has a different value. 

How to create an NFT

Surprisingly, creating an NFT isn’t complicated, and there are platforms where you can get guidance on the entire process. NFTs are built and supported by a particular blockchain, with Ethereum NFT being the most popular. Apart from Ethereum,  Flow and Binance are also commonly used for its development. You need a crypto wallet and cryptocurrency, mainly Ethereum, to transact. You can sell NFTs for cryptocurrency or fiat money through smart contracts, and the transfer is recorded on a blockchain. 


"What is NFT" 

"How To make money with NFT"

 "How to make an NFT "

"what is nft in cryptocurrency"

...more
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Ben AnalystBy Bernard Njoukam

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