NFT. What it is?
You are probably familiar with this term. Now I will try to explain.
NFT is a non-fungible token. This is a unique, non-fungible token, a digital product, information (certificate) in the form of lines of code about someone's ownership of this token is stored in a global public decentralized* blockchain system*.
This industry is gaining popularity, developing, scaling. She, like something new, came to many industries: art, business, video games. Many celebrities have purchased NFTs. Such as singer Eminem, boxer Mike Tyson and others. Video games are created on blockchain technology, where NFTs are used, entire metauniverses, for example, Decentraland, The Sandbox, in which NFT is a kind of digital asset (for example, virtual land plots). Large brands, companies (for example, the Meta social network), public, famous people from different fields go there and hold various events there (for example, Khabib Nurmagamedov arranged a fan meeting in the metaverse).
There are different types of NFTs. Generative, created, generated, as a rule, in large numbers programmatically. NFT copyright made by hand, bit by bit, let's say. Dividend NFTs, whose owners receive cryptocurrency. Many popular collections have a community, development plans (for example, creating a game)
This trend, technology, and I did not bypass: I bought the Ethereum cryptocurrency on the Binance platform, transferred it to the Metamask crypto wallet and created accounts in the NFT marketplaces: OpenSea, Rarible. According to certain instructions, I chose promising NFTs, but it was not possible to make a purchase, because I did not have enough funds to pay for the so-called gas *. It's OK. I will do this later. Also, I'm thinking about creating my own collection of NFTs on the marketplace. Yes, you need to understand that not every collection of NFTs, let's say, will "shoot". There are certain instructions on how to find interesting representatives. I witnessed how one expert in investing in the stock market made 500% per annum in rubles on NFT in 2 weeks.
According to some experts, this technology is now at the stage of development that the Bitcoin cryptocurrency was in in 2010, and this is not a temporary hype, a scam project. It's a really promising industry, but you have to be careful and study these technologies before doing something serious, let's say. Fraudsters, financial pyramids and others are not asleep and are trying to make money on this by deception. *Blockchain is, in simple words, a huge global database, which in its structure consists of a chain of blocks. Each block stores static, immutable information about the transaction, ownership, etc. *Decentralized means the data in the registry is stored on multiple servers and the system is not controlled by any one government/authority.
By the way, investing in the stock market is like an opportunity to increase your capital, I also did not miss the income. I think that in the next posts I will talk about it.
Therefore, friends, summarizing all of the above, I declare: there are opportunities for development everywhere and always.
Gas* is the fee you pay to miners for buying or publishing NFTs. If it is simple, then, for example, when publishing an NFT collection on a marketplace, a new block with information (certificate) is created in the blockchain.
