NFTs- Explaining my way
16th February 2022, Wednesday
NFTs are fun, if you know the strategy of selling it. NFTs are most expensive thing, if you give value of it. But what's NFTs, lets know it in simple and funny way.
The NFT is proof that you own an image. People of ancient times used to draw in different ways. Sometimes they used tree bark, some fruit and flower colors. Then came the variety of organic colors for drawing that could easily be used to express any image in color. But time changes with the times. People no longer paint with pencils or paintbrushes. The world has gone digital, the type of image has also gone digital. Now people are doing digital art through various applications besides Illustrator/ Photoshop/Canva. Suppose I draw this image.
I put my own signature next to the picture to prove that I made this picture myself. But the problem is, it's very easy for me to remove this signature from the art by photoshop. So if I make tons of meme or arts with my signature there won't be any strong source that will prove "The art is mine" Someone will download your picture and post it on a channel or timeline bigger than you and say "that's their work" haha.
But you may have a question here, "Why bother running after a picture? It's just a little picture! But no, it's not a little picture, art is much more than a picture. Because digital portraits can be sold nowadays." Now look at this bored apes NFT
This bored sold for 696.96 ETH that means it cost around 2.1 Million dollar!
But why? Why people invest so much money on an art? Man! It's just an art! The NFT he bought for 2.1 million I downloaded for free. Haha! But I didn't really own the picture. This is because the image contains all the details, including the ownership of a blockchain image. This means that if I claim ownership of the NFT or the image, I will be considered a thief. Now the question may be, why did they buy this picture for so little money? Is there anything in these apps that could be worth 2.1 million? Then come and say one more thing! You don't have to compare everything with money. Because some things are hobbies. Suppose you bought an aquarium, leaving some aquarium fees inside. The cost of buying an aquarium and aquarium fees is 1 1 million. But can you make money from that aquarium? You can't! Because aquariums are an element of beauty enhancement in the house. One of the reasons for buying NFTs at such a high price is "hobby".
Take a look at this picture, for example, where you will see a party club. Those who enter the party club will buy bored apes NFTs. There are some famous people in the world like Neymar, Justin Bieber and other famous stars who bought this NFT to enter this party.
In that case, those who are fans of the big stars will be willing to spend more money to attend the party and spend some time with the stars, even if it is more expensive. You can say it is a kind of marketing. These NFTs are stored in the blockchain, so no one can steal it even if they want to. However, if the owner of the NFT sells his NFT, the name of the newly purchased owner is attached next to the owner's name.
From a specific road map of those who release NFT! So if you buy any art or digital art online and it is not a hobby then try to see how strong the road map of the NFT project.
This is it, hope you like, comment and subscribe if you love the content. Thank you. Best regards :)
More article-
Your own made NFT is seem like a kids engine. Make sure to release an NFT project. It will definitely makes your rich within few days🥴