What In The World Are NFTs?
NFTs are making their boom in the blockchain world and don’t seem to want to stop soon. What are NFTs? Non-fungible tokens. Cool, but what does that mean? An NFT is a digital asset that you can purchase with cryptocurrency.
“Not for trade tokens (NFTs) are a new form of a digital asset that represents unique digital goods. They can be one-of-a-kind items that cannot be replicated, taken away, or destroyed, and only traded in their original state by the owner.
NFTs are currently about 1% of the crypto world and are in its baby stages right now. There is a lot of potential and hype behind NFTs and what this means to artists, collectors, and investors within the crypto space.
Where can I buy an NFT?
Multiple platforms are growing every day alongside users being able to simply do their own marketing, grow a fanbase, and excel without a marketplace.
For beginners, we would definitely recommend buying from a reputable marketplace, and here are some of the biggest ones with the highest trading volume within the space.
- Opensea
- Rarible
- Super Rare
- Dapp Radar
- Mintable