NFT really do have the potential to be sold for a lot of money. NFT Projects like CryptoPunks, CryptoKitties and Decentraland have really become popular lately with CryptoPunks being one of the hottest NFT Projects of 2021. From here, Millions of artists from all over the world have been creating NFT’s and dropping them on NFT Marketplaces like Rarible, Opensea and Nifty Gateway. Starting from Beeple, who sold his ultimate masterpiece art called “Everydays: The First 5000 Days” for a whooping $69 Million Dollars. NFT’s has been booming crazily this year in 2021. They all posses different value unlike Bitcoin and other cryptocurrencies that can be mutually exchanged. This is because each NFT asset is unique and cannot be identical. While, since they are Non-fungible, they also cannot be mutually exchanged with each other.
They possess a unique quality of being irreplaceable, and they cannot be duplicated or replicated.
They are essentially Crypto tokens that come with a token ID but they represent a Digital Asset. NFT stands for Non-Fungible Tokens are essentially Crypto Tokens that can be in the form of an Artwork, Collectibles, Digital Assets, Photos, Videos or anything Digital. In case if these words and keywords are new to you, don’t worry because we will be covering almost every aspect of the NFT world in this guide.īefore that, let me explain to you what an NFT really is.
I will also be touching other NFT marketplaces like Christie’s, Nifty Gateway, Foundation.app and many more and how you can utilize each platform to your advantage. You will be learning how to use platforms like MetaMask and marketplaces like. Hey guys, today in this guide, we will be learning about how you can turn your art into an NFT.