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What Is NFT
What Is NFT
Blockchain-A new technology that is not in control by any government or company., Is free to
control blockchain is a public ledger that stores data such as the transfer of money
NFT is built on a blockchain with the smart contract after being created there is a name and token
known as nonfungible tokens. Like I have a selfie-and I will ask blockchain to give me a token of
ownership for it. Once data is stored in the blockchain cannot be changed, you cannot change the
name of the NFT owner. While creating the smart contract, I can add a clause to gain royalties from
it being the creator and owner so the NFT world is an advantage for the artist and they can protect
their art.
1- Celebrity – Amitabh Bachchan would buy his NFTs or any NFT associated with a big growing brand.
2- Due to the popularity of NFT, people are buying out of fear of missing out on any opportunity.
2- You can buy NFT at a low price and sell them at high prices (trading in NFT)
3- you can make NFTs are different brands are being an NFT designer
You can invest in NFT through coin switch as it has interesting features like limit order you can order
crypto went down, it will have purchased by you.
Similarly, you on-sell crypto if it goes 10% or more with a limit order with more interesting features
and crypto.
Before investing in NFT, see who made the NFT, join the discord of the group research its popularity
looking at its availability look at its use case similar to the crypto use case you can earn passive
income from NFTs should to game NFTs, decentral NFTs like I told earlier you need must be
cautioned before investing.