Where can you buy NFTs? the new way to become a millionaire.

What are NFTs?

To understand the concept of NFTs, there are expendable goods and non-expendable goods. Expendable goods are those that can be exchanged, and non-expendable goods are those that are not substitutable.

An example of fungible goods is money. If you have a 20 dollar bill, this is a fungible good, since you can easily exchange it for another bill, this bill can be consumed.

And on the other hand, an example of a non-expendable good would be a work of art. If you have a tile at home, it is not consumed when used and cannot be replaced by another tile. they cannot be simply exchanged like a $20 bill.

What is the price of NFTs?

NFTs can vary in value depending on how famous and recognized they are. You can find them in different types of prices. There are $100,000 - $20,000 - $100 Even more, it all depends on its creator and its demand.

Nobody spends 260,000 euros for a rock drawing because they like rock drawings, since they can have them for free, but because of the value of this particular drawing as it is an NFT.

The idea, therefore, is that if I buy an NFT for 100,000 euros, in the future I can resell it for more money. It is a unique asset, which in theory should give it a higher value as there is no other like it.

In theory, anyone can tokenize their work to sell as an NFT, but interest has grown in the wake of news of multimillion-dollar sales.

On February 19, a Gif of Nyan Cat, the famous 2011 meme of a cookie-bodied cat flying, sold for more than $500,000.

A few weeks later, Canadian singer Grimes sold a collection of digital works for more than $6 million.

Where can I buy, sell and make NFT?

At OpenSea you can find the best NFTs. https://opensea.io/

You must link your virtual wallet to OpenSea. After that I could explore an endless world of NFTs. The most important NFT creator pages will always appear first.

Search for your favorite artists on OpenSea's search engine to see if they have their artwork on NFT.f you want more information like this and about new technologies and new ways to make money then keep an eye on my posts.

You can sell it, auction it, and even hope that someone will bid on the NFT you have that is not for sale.

There is no doubt that this will be the future of works of art and what are you doing that hasn't encouraged you to buy one and make money.

If you want more information like this and about new technologies and new ways to make money then keep an eye on my posts.