Everything you need to know about NFTs

NFTs or Non Fungible Tokens are basically digital assets that are unique and different on their own. With different attributes and properties that define each digital art, you fundamentally own it, just like you would purchase any other painting in real life. It was the ERC721 standard that basically debated on this concept to tokenize Ethereum blockchain assets. What makes these of any use to you? Well, NFTs sell for thousands of dollars! If you’re into digital designing and art, you can have your own NFT collection and an entire community following behind you! If you’re not really intrigued by the idea, hold up, because you can treat the same as stocks! Buy an NFT and sell it later for profits! Boom! One of the many things that make NFTs popular is the integrity and security of the asset. It is almost impossible to replicate the art, which is somewhat motivating for the developers.

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DISCLAIMER: Sai Ganesh, is not a financial/investment advisor, broker, or dealer. He is solely sharing his personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. Always remember there are financial risks associated with investing, and Sai Ganesh’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s), and conduct your own due diligence. The links in this description could earn me a commission if you choose to use them. I only recommend them because I use them all myself.
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