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.

Why are people paying millions for some NFTs, and how to buy, sell or create an NFT?

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

What Are NFTs?

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

Lined Circle

Examples of Nonfungible Tokens (NFTs)

Grimes WarNymph

Singer-songwriter Grimes WarNymph sold a collection of ten NFTs for $5.8 million, including a unique video titled “Death of the Old,” that sold for $389,000.

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