Before how Investing in NFT. we have to know about what is NFT and how NFT become a popular crypto assets in few years.
What is an NFT or NFT Full Form ,What does NFT Mean
NFT is known as “non-fungible tokens,” and it is a type of cryptographic token with a unique representation in block chain technology. NFT cannot be changed; it is very unique and very limited in quantity. it can be used to represent real world and digital identities.
Introduction
NFT is based on fungibility concept, just like crypto currencies. suppose we buy a digital NFT in 100 dollar so now the NFT value convert into 100 dollar if another person want to buy same NFT in 150 dollar so the next value of the NFT is 150 dollar. Same thing happen in the case of crypto we are buying and selling in fungible tokens.
At present time NFT become more popular in crypto market, all high profile persons investing in NFT.In this article we learn about how buy and sell NFT, platforms where you can easily buy and sell NFTs.
How you can Invest in NFT or How to Buy NFT..?
1.First of all you need to create an account on crypto sites like Binance.
2. Then you have to add some crypto currency using your account.
3.one thing you have to know that all transactions done only crypto currencies and mostly Bitcoin or Ethereum.
4.Then you find NFT option in Binance site.
5.Where you have to enter your account details. which is necessary for the buy and sell processes of NFTs.
for more details show this videos
Several things comes under NFT.
1.Digital Content
2. Gaming Content.
3.Vidoe reels.
4.Domains
5.Digital content writing like Essay Article.
6.Any digital content with unique features.
read more ..Invest Six big banks of Wall Street. Profit sure
Some Varified NFTs Collections Current Values(all in USD)
- Sewer Pass 4160 $
- Bored Ape Kennel 13,194 $
- Mutant Ape Kennel 23055 $
- Otherdeed for Other 2296 $
- Doodle 12667 $
- Azuki $
- Moonbirds 13194 $
- A KID called BEAST 760 $
Top 10 Most Expensive NFT ARTs with their value(all in USD).
1.Three Self-Potraits 2,399,280 $
2.BunnyPark King 1,210,000 $
3.The Solarium 389,883 $
4.Mobland Genesis Blueprint #7964 278,916 $
5.Mobland Genesis Blueprint #4143 259,922 $
6.Fancy Bear #4707 249,899 $
7.Mobland Genesis Blueprint #1762 250,924 $
8. The Solarium 249,925 $
9. Mobland Genesis Blueprint #2550 249,925 $
10.Mobland Genesis Blueprint #3247 249,925 $
These are the current updated values of Best NFTs.
How to create an NFT or How to Make an NFT..??
Creating one’s own NFTs is very simple process that can be done through various platforms where the crypto market works. First of all, you have to pay a minting fee and have something you want to turn into an NFT. one another option you have to choose minting your NFT into crypto currency like Ethereum or BNB Chain.
ETH developed NFT so it has very large user and smooth running NFT family but cost of sell ,buy and transaction much higher in Ethereum. In BNB Chain much cheaper because its new in blockchain but moving forword very fast in NFT marketplace.so its all depends on you which thing suitable for you in NFTs.
Read more…What is the future of crypto currency Should we invest in Bitcoin
Why NFT so Popular in last few Years.
In last few years when crypto market creating his significance in market Parallel NFT started his journey but some NFT projects create drastic change was CryptoKitties is a game developed in ETH it is a time changing moment for NFT.
NFT can make changes in blockchain technology, and it has the potential to do that.
For more Read more……..moneyjacks
