The first NFT token based on the Free TON

[Kronchs]

Let us first see what exactly is the NFT.

NFT are non-fungible tokens which can be a variety of titles of ownership of some digital objects, such as pictures, music, video, game items / characters, domain names for sites, etc.

The non-fungibility of NFT tokens can be explained by the fact that each such token in the blockchain is unique and unrepeatable.

Let's take Bitcoin as an example. If one bitcoin is replaced by another, there will be no difference.
The opposite is true with NFT tokens. NFT tokens cannot be replaced because they are not identical. 1 NFT can be a picture of art by a famous artist, and the other is a video of an aspiring video blogger. These NFTs have different values and therefore different costs.


How did all this come about?

In 2017, the first hype in the history of NFT was the CryptoKitties game, which allowed you to create virtual cats and sell them.

By the way, here's a cat that was sold for $ 170,000.



Now it is also put up for sale, but already for 600 ETH (about 1 million dollars)
Here you can look and see for yourself
https://www.cryptokitties.co/kitty/896775

And now, it's been 3 years since the first NFT tokens appeared.
According to the NonFungible project, the NFT market volume in 2020 was $ 250 million - 300% more than in 2019. And already at the beginning of 2021, the demand for NFT became really rushed, and at this stage the majors from the art market joined in.

In connection with the emergence of such excitement, crypto enthusiasts decided to create the first NFT token based on the Free TON blockchain -  Crypto Waifus



This is a collectible NFT that contains 2048 unique anime waifs. Thanks to artificial intelligence, each user by paying a commission (which is dynamically increased) can mint his own waifs.
Thus, everyone can collect or sell them.

And you won't believe it! Despite the presence of forced commissions, which increased with the number of created waifs, more than 800 waifs out of 2048 were minted in the first 2 days.

I believe that this NFT will really become collectible, the items it offers will really enjoy the desire to purchase them in the future, as I already said - this is the first NFT token in Free TON.



Probably, many are wondering how you can make money on these NFT tokens?
And in principle, everything is simple here. People buy when it's cheap and sell when the price skyrockets. In general, the topic related to NFT is quite interesting to talk about. Since she appeared relatively recently and it is difficult to judge anything about her now. In addition, she also fired quite recently, literally in the last few weeks.
Everyone in the excitement began to buy something that a priori is not worth the money.
There is even a case where a real example of art was burned to be recorded on the blockchain and turned into a virtual piece of art. You can find more details about this story here: https://www.cbsnews.com/news/banksy-nft-injective-destroy-art-digital-token/?intcid=CNM-00-10abd1h

There are also other ways to make money with these tokens, for example by lending from NFT collectors.

Many collectors are interested in borrowing against NFT collateral. This allows you to create an NFTfi marketplace. In the event of default by the borrower, ownership of the NFT passes to the lenders.

There are also many other options for making money. Therefore, the only correct way to collect NFTs and make money on them does not exist. It should be borne in mind that such tokens are low-liquid, and the value of each item is subjective. Since all this is new and we have not worked with it for a long time to reduce everything to understanding.

Therefore, my advice to you: if you have the opportunity to get some NFT tokens for free - get it. You still have the opportunity to do it in Free TON (Waifus).

Perhaps someday these tokens will be able to bring you millions.