What  is NFT ?

The term "NFT" stands for  "Non-Fungible Token"

In simple words, NFTs are a type of digital asset known as digital collectibles.

NFT's can be shared and consumed, but not replicated, resulting in digital scarcity and ownership proof.

What is the importance of NFT?

NFTs are digital tokens that can be used to indicate ownership of one-of-a-kind goods.

NFT’s enable us to tokenize items such as artwork, collectibles, and even real estate.

NFT’s  are Unique

NFTs can only have one official owner at a time, and they're protected by the Ethereum blockchain, which means no one can change the ownership record or create a new NFT.

Types Of NFT

Photos, Movies, Music, Text, Social Media Posts, Virtual world land plots, etc.

Tokens are available as NFTs to buy and sell both

Where can I buy NFT?

NFTs can be purchased on the NFT Marketplace with cryptocurrencies such as rarible, wazirx, etc

NFT Investment

NFTs are appealing to investors because of their rising prices, which can provide them with significant trading returns and profit

The above NFT Art was SOLD at Whooping  $69.3m (Rs.500 Crore plus

What Are The Risks?

NFTs, like cryptocurrencies, are mostly unregulated. An NFT can be created and sold by anyone, with no guarantee of its worth. If the buzz fades, High Losses might mount.

To find more interesting  Facts like this

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