Altcoins Talks - Cryptocurrency Forum

Archive => Sorting Box => Topic started by: Nowme on December 21, 2021, 04:46:57 PM

Title: What Is NFT And How It Work I Know Some But Don't Know Much To Invest
Post by: Nowme on December 21, 2021, 04:46:57 PM

Hello guys i would like to learn about nft's because i saw soo many new projects and also market places created only for nft i've uploaded my own nft but don't know where it is right now.. if anyone have any info about nft let men know because sharing is caring.

Title: Re: What Is NFT And How It Work I Know Some But Don't Know Much To Invest
Post by: yawar20 on December 31, 2021, 08:14:45 AM

I know lot of peoples don't even know the abbreviation of NFT. It stands for Non fungible Token. Now let me explain it. In crypto whenever a transaction happens mean you trade your token/coin with other token/coin , all the network record that transaction and this give that transaction a value. Now what if you transfer your token from one side and on the other side you buy a Picture/video any digital form and the whole network record that you purchase that thing with crypto currency, this will put value to that very digital thing and now it called NFT now.

Title: Re: What Is NFT And How It Work I Know Some But Don't Know Much To Invest
Post by: Nowme on December 31, 2021, 01:27:18 PM

You given information is appreciated, it will be more appreciated and helpful if someone can give me the information to upload my own NFT's on a better marketplace.