Ultimate Guide  To NFTs: How To Buy, Sell  Or Create NFTs

Cryptocurrencies  have been in existence for over a decade, but it is such a rapidly evolving space.

You might be comfortable investing in cryptocurrency IRAs, but you probably feel a little left out of the NFT craze like most people.

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What Are NFTs?

nonfungible token (NFT) is a unique data unit stored on a blockchain and cannot be interchanged.

What Is the Difference Between NFT and Cryptocurrency?

The main difference between NFT and cryptocurrency is that NFTs are nonfungible  while currencies  are fungible.

Examples of Nonfungible Tokens (NFTs)

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Taco Bell became one of the first major corporations to sell NFTs for brand awareness. They sold a series of GIFs based on items from their menu and sold them as NFTs.

The National Basketball Association has an NFT marketplace. Buyers and sellers can go to TopShot and find videos of NBA moments in the form of an NFT.

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