If you have read anything about cryptocurrency or Bitcoin, you may have heard of Non-Fungible Tokens (NFT). But what exactly are NFT? In a nutshell, NFTs are tokens built on a blockchain such as Ethereum that verify guaranteed ownership of unique digital assets. It’s similar to owning the copyright for a physical product, but in this case, it’s a digital product.
For example, if you were to buy an original canvas painting created by a famous author, you would receive a signed statement of authenticity from the artist and a receipt for the sale. If any others were to be sold, they’d be copies of that original and would hold less value than the original. NFTs work the same, only with digital items.
One of the best examples of an NFT is the first-ever published tweet on Twitter. Twitter CEO Jack Dorsey sold that tweet for $2.9 million dollars via NFT. Sounds crazy, right?
While it may sound unbelievable, digital assets and NFTs are gaining in popularity. You can take advantage of them too, by either buying or selling digital assets.
This is a collection of templates all about Non-Fungible Tokens that you can use in your business and making money ventures online.