NFT's coming soon
Stay tuned for unique NFT digital art and exclusive content coming your way.
Unless you’re new to crypto or you’ve been living under a rock, you’ve surely heard of the latest conversation starter in the cryptocurrency universe—NFT development. NFTs are now a multi-billion-dollar business.
From people “buying” old tweets and animated GIFs to humongous names like the NBA “selling” monumental moments in the history of all games as tokens, everything around us seems bizarre!
If you’ve been struggling to make sense of the same, you’ve stumbled just upon the right place! Stay tuned to find out more!
NFTs = Cryptocurrency?
A lot of people seem to have the notion that NFTs are a type of cryptocurrency like Bitcoin that can be used to conduct a transaction. The truth, however, is a bit far from this. Before delving into the category it falls under, let’s take a look at what exactly an NFT is and what that means.
What is an NFT?
NFT stands for Non-Fungible Token; which means it is a token or a virtual entity that is unique and is not interchangeable with others of its kind.
These tokens, since unique, become capable of being owned/sold despite their non-tangible nature. Transactions are recorded and verified on the blockchain to authenticate the exchange and thereby prove the ownership of an individual on the said token.
So basically, NFTs can be any digital entity. They can be jpeg images, GIFs, or even a tweet! Almost anything that exists on the internet can be “minted” as they call it in their terms and converted into a non-fungible token that can later be sold, purchased, owned, and further resold, etc.
Stay Tuned for some VERY exciting news. If you think it, we can mint it.
