Search This Blog

Translate

eBay Linking EPN

Wednesday, July 20, 2022

What is AN NFT really mean and why is it important to know?

What is an NFT and why is it important to know about it in 2022?

Ok so basically the word NFT stands for Non-Fungible Token. Non Fungible means that it is "impossible" to make a fake because:
1. The image is the original digital art (mainly art is made for the token)

and then
2. A Non Fungible token is made through mining a token (a non able to be copied sequence of numbers and letters? that is done

3. Note that also one must pay for this item in Etherium, which is a Crypto Currency (in itself an Non Fungible Number) and costs about $4000 USD to mint through the minting process


Hope that clears what is an NFT:

If you want to hear more about this topic or just have a question or comment please reach out.

All the best,
Kfir.
BEcause the NFT marketplace is becoming the latest and newest way to exchange items of value on the web, and has the popular world by storm people getting into the world of NFT.


No comments:

Post a Comment

The dental nurse-turned-DJ staging a sold-out festival in her home town

### From Dental Nurse to DJ: The Inspiring Journey of a Festival Organizer This weekend, the vibrant atmosphere of Dundee’s Camperdown Park ...