NFT Explained – What Is non-fungible tokens (NFT )?

NFTs are digital collectibles that are issued on the blockchain and can be traded for other cryptocurrencies or fiat money. They consist of unique tokens, which means that each NFT is non-fungible or assignable to a particular token holder.

Each NFT has an owner associated with it and can only be transferred from one owner to another through a transaction on the blockchain.

If you have ever played Pokémon GO or CryptoKitties, you should know what an NFT is: it’s similar to these games in terms of its purpose — collecting unique digital assets that can be traded with others!

NFTs have been around for a while.

NFTs have been around for a while. Crypto collectibles first appeared in 2012 with a game called “Mew”, which was the first to use blockchain technology to create unique tokens that could be traded and sold.

The next big development came in 2017 when CryptoKitties launched the world’s first NFT: a digital art collectible based on blockchain technology. The craze surrounding crypto kitties led to this new type of digital asset being referred to as “non-fungible tokens” or NFTs for short.

NFTs aren’t the same as Bitcoin.

Bitcoin is a cryptocurrency, which means it’s a digital asset that exists on the blockchain and can be transferred between users. NFTs are tokens and therefore are not currencies. In fact, they’re often not considered to be securities either, since they don’t confer ownership or voting rights in any company or project—though some projects may still call them securities.

The main difference between bitcoin (and other cryptocurrencies) and non-fungible tokens (NFTs) is that while bitcoin is secure by design—all transactions on its blockchain are verified by miners who compete for rewards—the security of NFTs is dependent on their creators’ ability to keep them safe from hacks, attacks, etc., which could lead to theft of data stored on the NFT blockchain; this means you can lose all your assets if something goes wrong!

NFTs can be just about anything, but they really only work with digital files.

Your NFT could be a piece of art. It could be a song, or a book. It could even be an entire library! Anything that is unique and can’t be copied at no cost can be represented as an NFT on the blockchain.

NFTs are effective because they allow you to prove ownership over digital files in a way that wasn’t possible before—just like how you can prove that you own your home by showing the deed on paper. The difference is that our system uses cryptography and computers to verify claims about possession in an immutable ledger.

NFTs are making people rich.

NFTs are making people rich. As of this writing, a tweet by Jack Dorsey—the CEO of Twitter—was sold for nearly $3 million. In the same way that cryptocurrency allows anyone to be an investor, NFTs allow anyone to be an artist or musician. You can create art, upload it to the blockchain, and have people buy it in seconds.

A good example is Beeple’s art piece that sold for $69 million: https://www.ccn.com/beeple-transforms-his-digital-creations-into-physical-collectibles/. What does this mean? It means that anyone who creates content online can now sell it as physical goods through blockchain technology! Just imagine how many people could become artists if they were able to do digital art on their own computers and then make money from selling their pieces as physical items!

And artists are actually getting paid.

You might have heard about the massive amounts of money that NFTs are bringing in for artists. It’s true! NFT sales are skyrocketing and allowing artists to make money from their work without having to sell their original artwork, which is expensive and difficult to store.

So why do people want these files?

Some people want to own a piece of history. Some people want to own something that is rare, unique, special and valuable.

People are trading and selling NFTs on all sorts of platforms.

NFTs are being traded and sold on a variety of platforms. Some examples NFT market place include:

OpenSea
Rarible
SuperRare
Nifty Gateway
CryptoPunks, which allows you to buy and sell rare art via Ethereum.
Decentraland, which is a virtual world owned by the community (like blockchain). Users can create their own avatars and buy virtual land that they can later sell or rent out for a profit.

The NBA Top Shot has also created an NFT game where users can purchase digital basketball cards in order to play against their friends or other members of the community.

The whole thing is kind of absurd!

The whole thing is kind of absurd! It’s funny, light-hearted and most people are fascinated by the absurdity of the NFT market.

But it is important to note that while the technology itself may be interesting because it can be used to create digital scarcity, the technology itself isn’t a problem. It’s how this particular application of it has been used—in this case for nefarious purposes—that causes problems.

Nobody knows what will happen with NFTs in the future, which is part of the excitement!

NFTs are a new kind of digital asset, and the future for them is uncertain. NFTs are not just a digital file that you own—they’re stored on the blockchain and can be traded or sold on a marketplace. The value of your NFTs may go up and down like any other currency, but they also have additional value as collectibles.

This uncertainty makes it hard to know what will happen with NFTs in the future, which is part of the excitement!

FAQ: Most Frequently Asked Questions About NFTs

What is an NFT?

An NFT is a type of digital asset that’s unique and can’t be replaced with something else. It’s a blockchain-based unique digital asset that can be traded. It is also known as a cryptographic token, tokenized digital item, digital collectible and more. With NFTs you can own something that is not physical but is still yours (e.g., a piece of art on the blockchain). You can also trade it with others or sell it if you want to.

What does NFT stand for?

NFT` stands for `non-fungible token`, and it refers to a new type of blockchain token. You may have heard about cryptocurrencies like Bitcoin or Ethereum, which are fungible tokens: that means they can be broken down into smaller units (like dollars), so you never have to worry that one dollar is somehow worth more than the next. A NFT is different because each unit has its own unique attributes—like its name or physical appearance—and therefore isn’t interchangeable with any other item.

What is meant by non-fungible?

Non-fungible tokens, or NFTs for short, are digital assets that are recorded on blockchains and can be transferred between owners. They’re sometimes called “crypto-collectibles” or “ERC-721 tokens.”

When NFT started?

On May 3rd, 2014.

The first-known NFT called ‘Quantum’ was minted on May 3rd, 2014. This digital image is an octagon that changes colour and pulsates like an octopus.

The idea behind an NFT is simple: a unique digital asset can be stored in a blockchain and traded on the same network that was used to create it. The most common example of an NFT is Cryptokitties—each kitty is unique, so you can’t trade one kitty for another kitty (there are over 250,000 kittens in circulation).

The concept is simple: “fungible” means that something can be exchanged for another identical thing. For example, one dollar bills are fungible — you can trade one dollar bill for another identical bill and still have the same amount of money. A one-of-a-kind trading card, however, is non-fungible; if you traded it for a different card, you’d have something completely different.

NFTs are distinct from traditional securities like stocks or bonds because they’re not interchangeable. You can’t trade one stock for another—they’re all unique. But if you have two rare Beanie Babies that are identical in every way except color, they’ll both be worth $100 on eBay because they’re identical. With NFTs, there’s no such thing as an identical copy (or “fungibility”)—each token is unique and cannot be replaced by another token with equal value.

What is a NFT token?

A token is a digital asset that can be used to access certain features of a blockchain network (for example, data storage, identity verification) and can also be traded.

Cryptocurrency coins are fungible, which means they all look the same and can be swapped for other coins of similar value without changing their intrinsic worth. NFTs are different because each token has its own unique characteristics which make it stand out from others — just like how there are no two identical dogs on earth. That’s why we call them “non-fungible tokens.” NFTs often represent ownership of digital assets or serve as tickets for events or services (like tickets for concerts).

How Does NFT Work?

NFTs are digital assets that can be bought and sold on the blockchain. The majority of NFTs reside on the Ethereum cryptocurrency’s blockchain, a distributed public ledger that records transactions. You can think of it as an accounting system for keeping track of all the information stored in each token. The information stored in each token is called a “smart contract.”

NFTs are individual tokens with valuable information stored in them. Because they hold a value primarily set by the market and demand, they can be bought and sold just like other physical types of art. NFTs’ unique data makes it easy to verify and validate their ownership and the transfer of tokens between owners.

Notable features of NFTs include the ability to assign or claim ownership of any unique piece of digital data, trackable by using Ethereum’s blockchain as a public ledger. An NFT is minted from digital objects as a representation of digital or non-digital assets.

Examples of NFTs

In the NFT world, there are many examples of what can be created and traded. For example, an NFT could represent:

1. Digital Art: GIFs, videos and sound files
2. Collectibles: trading cards and stickers, for example
3. Music: songs or albums
4. Videos: movies or tv shows
5. Domain names
6. Real World Items: deeds to a car, tickets to a real world event
5. Tokenized invoices
6. Legal documents
5. Signatures Lots and lots more options to pick with!
6. Legal documents
7. Signatures Lots and lots more options to pick with!

NFTs are designed to function as tokens on a blockchain network. The most common use for NFTs is in games, where they can be used to represent virtual items like weapons or armor that players use in game play.

What are NFTs used for?

NFTs are used for all sorts of things in the Ethereum ecosystem. Here’s more information of some of the better developed use-cases and visions for NFTs on Ethereum:

1. Digital content
2. Gaming items
3. Domain names
4. Physical items
5. Investments and collateral

Digital Content

NFTs have been used to represent everything from digital art to video games. One of the most famous examples is CryptoKitties, which allows users to trade and breed their own unique cats. Another example is Rare Pepe, a decentralized platform that creates NFTs for memes.

Gaming Items

NFTs can also be used as digital representations of items in popular video games. For example, Cryptocollectibles uses NFTs to allow players to trade in-game items like weapons or armor—allowing them to earn money while they play. Domain Names

Domain names

NFTs can be used as domain names too! ENS is an Ethereum-based name registry that lets you register a domain name with your wallet address rather than having it hosted by a third party like ICANN or Verisign. Physical Items

One of the most interesting applications of NFTs is through physical items like cars or houses. For example, Loci has created an “Asset Identifier” that allows companies to track physical assets using blockchain technology

Investments and collateral

NFTs are used for a variety of purposes, but the most common use-case is in the investment and collateral space.

They can be used as a way to invest in real-world goods, like fine art or precious metals, without having to actually purchase the goods yourself. For example, a company called Codex uses NFTs to record ownership rights to items in its registry. You can buy NFTs from Codex that represent shares in different types of artwork or pieces of gold jewelry, for example. These NFTs can then be traded on secondary markets that exist outside of Codex’s system.

The idea is that this will make trading in fine art or other collectibles much easier than it has been in the past by creating a standardized way for people to exchange ownership rights without having to go through an intermediary like an auction house or art dealer who might be biased toward one party over another (and thus not always get you the best possible price).

This is also particularly useful if you want to invest in something that isn’t easily divisible: say you want to invest $100 million into a startup’s equity offering but all they’re offering is 100% ownership of their company (because all their shares combined are worth more than $100 million). With.

What is a NFT Token?

A token is a digital asset that can be used to access certain features of a blockchain network (for example, data storage, identity verification) and can also be traded. Cryptocurrency coins are fungible, which means they all look the same and can be swapped for other coins of similar value without changing their intrinsic worth. NFTs are different because each token has its own unique characteristics which make it stand out from others .

Just like how there are no two identical dogs on earth. That’s why we call them “non-fungible tokens.” NFTs often represent ownership of digital assets or serve as tickets for events or services (like tickets for concerts).

The term “non-fungible” also comes up in the context of digital collectibles like CryptoKitties (or any NFT). In this case, the NFTs aren’t really fungible because each one has a specific property or set of properties that make it unique from all others (like breed/color).

So what does this mean for us? Well, it means that we can create tokens using blockchain technology to represent ownership of unique items. NFTs let us tokenise things like art, collectibles, even real estate!

Is NFT a Cryptocurrency? How is it Different From a Cryptocurrency?

Cryptocurrency and NFTs are similar in that they’re both built using blockchain technology. But that’s where the similarity ends. Cryptocurrency is fungible and there’s no difference between one Bitcoin and another Bitcoin. and NFT is “non-fungible” they each have a digital signature—meaning each one is unique.

That means that one NBA Top Shot clip isn’t equal to another NBA Top Shot clip simply because they’re both NFTs; each has its own value based on what it represents and what someone is willing to pay for it at any given time or place.

So what does this mean? It means that cryptocurrencies, like Bitcoin, use blockchain to create trust in the system. They do this by using cryptography, or code-breaking techniques, to ensure that every transaction is verifiable and safe from tampering. They’re also fungible: Equal amounts of cryptocurrency can be exchanged for one another, no matter who created them or how they were used before (like when you buy your morning coffee with bitcoin).

What are Non-Fungible Tokens?

Non-fungible tokens are a type of digital token that is unique and cannot be exchanged with another person or entity. These tokens contain unique data about them such as:

The name of the token (e.g., “Bob’s token”)
The quantity of tokens created (e.g., “100”)
The owner (e.g., “Bob”)

Why Are Non-Fungible Tokens Important?

Non-fungible tokens are incredibly important for the cryptocurrency and ICOs markets, especially for making trading and value transfer more efficient. ERC-721 is the standard for non-fungible tokens which means it can be used as a foundational standard for other tokens to be built upon.

ERC stands for Ethereum Request for Comment. It’s a process by which the Ethereum community discusses new features, improvements or changes to the protocol. If you’re interested in learning more about ERCs themselves, you can read this article from CoinDesk: https://www.coindesk.com/erc-standards-tokens-erc20/

The main reason why non-fungible tokens are so important is because they allow anyone who owns them to trade them freely on any platform they want without having to worry about losing their value if they move over to another platform and use that instead.”

What is ERC-721?

ERC-721 is the standard for non-fungible tokens which means it can be used as a foundational standard for other tokens to be built upon. They are useful for:
1. Creating unique digital assets that can be traded or exchanged
2. Automating the ownership of physical objects like real estate or cars
3. Facilitating decentralized marketplaces where users can trade goods or services without a middleman (e.g., eBay)

With ERC-721, it became easy to create tokens that were verifiably cryptographically unique—and that could be linked to unique content, from artwork to music to sneakers. In fact, it’s estimated that over $1 billion worth of ERC-721 NFTs have been sold since their inception!

How to Make an NFT?

1. Choose your item, such as a collectible trading card or a digital artwork.
2. Pick a blockchain to host your NFT, such as Ethereum or Counterparty. Create a digital wallet for yourself.
3. Find an online NFT marketplace to list your item on and set the fees you’d like to charge for it.
4. Upload the file containing your NFT and set up the sales process—for example, buyers can purchase your NFT using Bitcoin or Ether. Once it’s listed, you can make money by selling it to other users in exchange for cryptocurrency.”

If you’re looking to get into the non-fungible token (NFT) market, here’s another step-by-step guide you can follow on how to mint and sell them.

Make sure you have an Ethereum wallet that supports ERC-721 tokens. This is the standard for NFTs. You can find a list of wallets that support ERC-721 tokens here.
Transfer Ether from your main wallet into this new wallet (usually called an “ERC20” wallet). You’ll need some Ether in order to make an NFT—the cost varies depending on what kind of NFT you want to create and how much time and effort you want to put into it. For example, if you want to create a brand new character with unique features like eye color, hair color, body type, etc., then you’ll need more Ether than if all those features were preselected by someone else (like if they were part of their existing character design).
Create an account at OpenSea or Rarebits (or both), which are two popular marketplaces where people buy and sell NFTs online. If there’s no existing marketplace where people trade NFTs related to your niche—such as

Non-fungible tokens, or NFTs, are exploding in popularity these days. People are paying big money for these unique collectible cryptocurrency assets. One NFT by the digital artist known as Beeple sold for a jaw-dropping $69 million in early 2021, while many others have fetched multimillion-dollar sales prices.

The potential for big money is leading more people to create NFTs in the hope of cashing in on the current craze.

How Do You buy NFT?

You can buy NFT with crypto currencies. You will need to set up a crypto wallet and then you can use the Ethereum blockchain to buy NFT. You also have the option of using a crypto exchange like Coinbase or Kraken, but this is more complicated than buying directly from OpenSea (which we prefer).

In order to buy NFTs, you need to download MetaMask or Trust Wallet on your computer or mobile device (both apps are free!). Then sign up for Coinbase (or another crypto exchange like Binance) by providing your email address and password, as well as uploading your photo ID and proof of address in order to comply with KYC/AML regulations set forth by regulators like FINMA in Switzerland or MAS in Singapore (which means they know you).

Check out this video on How Do You buy NFT?

One of the largest NFT marketplaces for buying and selling NFTs is called OpenSea. https://opensea.io/

What Do NFTs Do?

NFTs are used to register ownership rights over digital assets — like a game item or artwork — on a distributed ledger (blockchain).

Which NFT Should I Buy?

You should probably start with one that interests you, or which has been recommended by someone you trust (like a friend or family member). Or maybe just get started by buying some of the ones that are available on Coinbase, opensea — they have a pretty wide selection of tokens in their marketplace at the moment!

Why Should I Care About NFTs?

Well, if we had to pick one reason why NFTs are important right now: they’re making cryptocurrency more accessible to everyone by proving that blockchain technology can be used for more than just digital cash or financial transactions. It can also be used as a tool for creating digital assets of all kinds — from collectibles like cards and other forms of art down to simple things like digital keys that unlock access to physical spaces (like homes).

Why Should I Buy NFTs?

There are many reasons why people buy NFTs: some collect them as investments or to make money by selling them later on; others want to use them in games; still others just like the idea of owning digital artworks or other unique items that they can’t get anywhere else but on an NFT marketplace like OpenSea. In any case, if you’re thinking about buying some NFTs of your own but don’t know where to start, we recommend checking out our article on how to invest in crypto collectibles: Internal links! It covers everything from choosing a platform through which to buy/sell your tokens all the way up through storing your assets safely in cold storage.

What NFT Should I Buy?

It depends on what kind of investor you are: if you want long term gains from stable coins like BAT or OMG then go for them; if you want shorter term returns from volatile assets like REQ or GNT then go for those; if you want both then choose between BAT & OMG or REQ & GNT according to your risk tolerance level and investment goals; if you want short term gains but also want to hold onto these digital assets in case they rise again in value then invest in ERC20.

Are NFTs a Good Investment?

It depends on what kind of investment you want to make and . If you’re looking for short-term gains, then yes — buying and selling NFTs can be very profitable since they don’t have any underlying value (like stocks) but are still worth something (like gold). If you’re looking for long-term growth, however, it might not be the best idea since there isn’t much data available about how well each individual NFT performs over time due to their recent emergence.

How Many NFT Marketplaces Are There?

There are more than 219 NFT marketplaces out there, with many more in development but they all have their own unique features. Some of them are more well-known than others, but they all have different ways of handling transactions, security, and more.

Here’s a list of some popular NFT marketplaces:

OpenSea
Rarible
SuperRare
Foundation
AtomicMarket
Myth Market
BakerySwap
KnownOrigin
Enjin Marketplace
Portion
Async Art
Nifty Gateway
Decentraland
Zora
Mintable

Are NFT Worth It?

The answer is yes. Artists and content creators can now sell their work on the blockchain and get paid royalties when their work is resold on the secondary market.

Furthermore, since Ethereum is the second-largest cryptocurrency, selling an artwork for 1 ETH (which, at the time this article was written, was worth $3,500 USD) can be more valuable over time if Ethereum continues to appreciate.

How Many NFT Collections are There?

There are now more than 80,000 NFT collections on the Ethereum blockchain, compared to 15,540 last year. That’s a lot!

How Much NFT Cost?

Minting a digital artwork NFT can cost as little as $70 to $100.

A digital artwork’s market value is determined by its scarcity and popularity, which can be determined in part by the amount of time and money it took to mint the artwork.

Why are NFTs are expensive?

NFTs are expensive because they are rare, irreplaceable, unique and there is a limited supply of them.

if you are still not convinced with the short answer, here is more explanation on why nft so expensive?

NFTs are non-fungible assets, which means that each one is unique and can’t be replaced by another. That makes them special—and valuable—to their owners.

Unlike cryptocurrency, which can be exchanged for real-world products, NFTs aren’t fungible in that way. In fact, they’re even used as a type of currency themselves! You can buy and sell NFTs on platforms like OpenSea, where they’re traded just like any other type of digital asset (like Bitcoin). But unlike cryptocurrency, NFTs don’t have monetary value—they have intrinsic value instead.

Are NFT illegal?

Not exactly, but they’re not regulated either. At present, NFT’s are not subject to regulation, which means there is little or no legal protection for those who create, invest or trade in them. It should be remembered that not all platforms selling NFT’s verify the identity of the seller.

The answer to this question also depends on what you mean by “legal.” Are NFT’s illegal in the sense that they are against the law? No—at least not yet. But if you’re asking whether they’re legal in some other sense, then the answer is more complicated.

NFT’s have certainly given a major boost to trading in digital assets and have provided more certainty and security than that which previously existed. However, despite their appeal and the advantages associated with them, involvement in NFT’s will not always be risk free.

Is NFT Risk free?

No it’s not, as with any aspect of the crypto space, there are risks involved when trading NFT’s. While NFT’s have certainly given a boost to the digital asset trading industry and provided more security than that which previously existed, they are not subject to regulation, which means there is little or no legal protection for those who create, invest or trade in them.

However, despite their appeal and the advantages associated with them, involvement in non-fungible tokens will not always be risk free.

What Does it Mean to Mint an NFT?

Minting an NFT is the process of creating an NFT and putting it on the blockchain.

How Much Does it Cost to Mint an NFT?

The average cost of minting an NFT is somewhere between $70 and $1,000.—but could be even more! There are hidden costs of minting also that you should be aware of, including initial and secondary sale fees, gas fees, and other costs associated with making the transaction. Free options are also available, but their popularity can affect how quickly your tokens get listed in the marketplace.

Minting your first NFT is easy!

First, you’ll need to connect your wallet. To get started, you’ll first need to open a crypto wallet and then connect it to the NFT marketplace. This can be done through our website or through the third-party wallets that we support. Once you’re connected, you can start minting!

To do so, click on “Mint” in the top right corner of your screen. You’ll be prompted to select an existing token or create a new one by entering its name and description. Then just click “Mint,” and you’re good to go!

Next, you’ll want to create an item for sale in the marketplace—and this is where the fun begins! There are many different types of items available for purchase: from collectibles like stickers and trading cards to digital goods like videos and images. The possibilities are endless!

Once you’ve created your item, make sure that it’s ready for sale by clicking “List for Sale” at the bottom of its page—this will take you back into the marketplace where you can set its price and put it up for sale (if applicable). Now all that’s left is waiting for someone

Can I Mint an NFT for Free?

Yes! You can mint an NFT for free, and you can do it through Polygon blockchain.

It is possible for users to mint NFTs for free because of the fact that Polygon blockchain uses a proof-of-stake algorithm. The proof-of-stake algorithm allows users to earn passive income as they use their tokens in different ways, such as transferring or trading them. This is why users do not have to pay any money when they choose to mint an NFT via Polygon blockchain.

How Much Does it Cost to Make 10000 NFTs?

It will cost you between $700,000 – $1,000,000 when you want to make 10,000 NFTs on Ethereum. The reason for this difference in price is because Ethereum requires its users to cover the gas fee as well as a platform fee. On the other hand, Solana only charges a platform fee which makes it cheaper than Ethereum.

The reason why the cost of minting 10,000 NFTs on Solana would be much cheaper than Ethereum is because of the fact that it doesn’t have any gas fee or platform fee like Ethereum does. The only fee that you will have to pay when using Solana is the transaction fee which is just $0.00016 per transaction.

What is The Most Expensive NFT Ever Sold?

The most expensive NFT sold is Pak’s ‘The Merge’, which sold for $91.8m on Nifty Gateway.
The second most expensive NFT, ‘Rare Pepe Blocked Unblock Follow Following’, was sold for $43.6m on Nifty Gateway, and the third-most expensive NFT, ‘Gemini – Digital Asset Exchange Token (DXT), was sold for $27.3m on rarepepe.market.

Are NFT taxed?

The short answer is, yes. NFTs are taxed. The long answer is that there are some conditions that need to be met for an NFT to be taxed, but the system for taxing NFTs is still being developed. As of 2022, ordinary income tax rate varies from 10% to 37%. Also, this income is subject to self-employment taxes, at a rate of 15,3%.

As an NFT creator, any revenue that you make from selling a NFT is considered ordinary income and will be taxed accordingly.

NFTs are a new way to do business and build community; they let people form bonds around digital assets that they love and care about. It’s not just about making money—it’s about creating something special and unique with others who feel the same way.

Can Anyone Make a NFT?

Yes! Anyone can make a NFT, as long as they follow the rules of the Non-Fungible Token Registry.

The registry is an open-source database that allows anyone to register their own NFTs. It’s free to use and easy to navigate, so there’s no reason not to get started!

What Kind of NFTs Sell Best?

Art is the most popular form of NFT that sells best. And it’s no surprise—art is beautiful, and it can be fun to collect.

Where can I sell NFT art?

The best place to sell your NFTs is OpenSea, Rarible, Open Sea—it’s basically like eBay but for digital goods like NFT art.

You will also be able to exchange your NFT art for other art on the platform—or gift it away if that’s what you want. It’s up to you! So what are you waiting for? Get started today by signing up at OpenSea.

Why NFT is The Future?

Because the world of digital assets is changing fast. In August 2021, global interest in non-fungible tokens (NFTs) increased by 426 percent, according to Google Trends data. While this may seem like an insignificant number, experts say it shows a lot of promise for how this technology will change our lives.

Read Additional NFT Study Resource

Conclusion :

In today’s world, artists are often hampered by their own insecurities, not to mention the very limited mediums they have at their fingertips. However, these barriers are soon to be pushed aside by the blockchain community and its new tokenized project: Non-Fungible Tokens (NFTs). In the near future, artists will have more creative mediums than ever before at their disposal—along with a thriving community that can support their work.

I hope this article serves to advance the conversation about NFTs, which seem to hold a lot of promise for the future of gaming and beyond.