What is a Blue Chip NFT

[Kristoffer Carter]

A blue chip NFT (https://blog.alphaguilty.io/what-is-a-blue-chip-nft [nofollow]) is an individual digital asset or object that is recorded on a blockchain and is unique, indivisible, and irreplicable. They are typically associated with established brands or entities, and are seen as a safe investment because they are backed by a reputable source. Blue chip NFTs tend to have higher value than other NFTs, and they are often used to collectibles or digital works of art.

[Beep Beep Bitcoin]

Blue chip NFT means NFTs of reputed brands. The value of Blue chip NFTs increases subtly and they are best for long-term investment. They are associated with big brands, whose market value is high. Blue Chip term added with NFT, Crypto, or share market stocks, means the same, a stable and high brand value asset that most people trust.