What is NFT || 10% to @tron-fan-club
Today i will Discuss with you What is NFT. I always try to share with everyone what I know everything about blockchain. So in its continuation today I will talk to you briefly about this important subject NFT.
The full meaning of NFT is Non-Fungible Tokens. NFT is something that cannot be changed, that is, it is non-fungible. We know that fungible means changeable, that is, anything that is non-fungible cannot be changed. But NFT means Non-Fungible Tokens. So it can never be changed and that is why it is called Non-Fungible Tokens for short NFT.
By NFT we mean things that are unchangeable and in exchange for which we cannot exchange anything else. It is the only thing that cannot be compared or changed. It's something like this is the only one in this world. NFT is a digital asset, it is a digital art. Create someone adds these digital arts to the NFT marketplace.
NFT is a method of digitally purchasing and selling any digital art or any digital asset through blockchain technology. All records of these purchases and sales are recorded on the blockchain. So its original creator and its current owner are all recorded in the blockchain, no one can change or delete it. And so everyone has confidence in blockchain technology, because nothing can be hidden here, everything is open to everyone.
The popularity of NFT is increasing day by day and its creators are also increasing day by day. And so NFT has a lot of marketplaces through which critics do digital art and those who are NFT collectors put their NFT collection through that marketplace.
Anyone can create an NFT through digital art with their own ideas. He can add it to any NFT marketplace at his convenience and he can buy it if any collector likes that NFT. The blockchain of all these things is recorded. There are also records that many have made millions of dollars selling NFTs. Twitter co-founder Jack Dorsey sold his first tweet for $2.5 million.
I can say about NFT market this NFT market will be much more popular in future. There are many digital creators who are selling their digital art through the NFT marketplace and making millions of dollars. The NFT marketplace is growing day by day. Because of the NFT blockchain technology, no one will be able to delete or change any of the information they ask for. So its original creator can be easily verified and its current owner can be easily seen. And since blockchain technology is advanced for everyone, anyone can view and verify all the information if they want.
You have written nicely about NFT. This is important for everyone. Thanks for sharing
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Thank you for explaining and telling us what NFT means.
Hope this is also useful for many people.
yes brother, thanks
You have explained very well about NFT. Newcomers will be able to know about NFT by reading your post.
Yes, you are right. Thanks for comment
You'r wellcome
You gave us a very good idea about NFT. Very nicely described about this. I like it a lot. Good luck to you.
Thanks & good luck to you
NFT has helped a lot of people make millions of money by selling their digital art, music and even video...
Thanks for good comment
Non Fungible Token has been consistently growing popularity for the past few years.