Nft’s pros and crons

Introduction

So when I heard about NFTs (or non-fungible tokens), a new type of digital asset that lets artists sell their work directly to fans and record all the information on the blockchain, I got excited. Finally! A way for artists to make more money from sales and the pros and crons.

What is an NFT?

• NFTs are digital assets.
• NFTs are unique, scarce and tradable.
• NFTs are stored on the blockchain.
• NFTs can be used in games and apps (like Cryptokitties).

If you’re interested in a quick overview of what an NFT is, check out this video from Dapper Labs!

What can you buy with NFTs?

NFTs can be used to buy anything you can buy with traditional money. You can use them to buy stuff online, in person, or even in games.

Because NFTs are digital, they’re easy to send and receive. This means that if you want some NFT’s for yourself or for a friend (or for a gift), there are several ways you could go about it:

• Transferring from one wallet to another using an exchange service like Binance or Coinbase;
• Sending from one person’s wallet directly into someone else’s; or
• Purchasing from online sellers such as eBay or Amazon

Who has been buying NFTs?

NFTs are popular with a lot of different types of people. If you enjoy gaming and collecting, you’ll probably want to get your hands on some NFTs. If you consider yourself an investor, then NFTs will be right up your alley as well. You may even want to buy NFTs if you’re interested in supporting a cause or just want to learn more about the blockchain technology behind it all!

How can I buy NFTs?

If you’re thinking about buying NFT’s, it’s important that you take the time to do your research. Even if a seller may be trustworthy, they could also be selling counterfeit items.

The best way to mitigate risk is by purchasing from a trusted source who has been vouched for by other users and sellers in the community.

There is a lot of buzz about nfts but it is a good idea to be cautious and do some research before jumping in.

NFT’s are a new type of digital asset, but they’re not new. They’ve been around for a while.

NFT’s aren’t cryptocurrencies—they aren’t mined in the way most cryptocurrencies are, and they don’t have any monetary value.

They also aren’t securities or utility tokens like some other kinds of blockchain-based assets can be.

Conclusion

Here is a quick summary:

Pros:

• Ledger integration to make transfers and collectibles easy, as well as a store for purchasing them from third-party developers (with more features coming soon).
• A marketplace where users can buy items such as digital cards, artwork and music from creators like John Legend’s wife Chrissy Teigen or NBA Top Shot owner LeBron James directly with cryptocurrency via our blockchain protocol called “The NFT” (make sure you read about how it works first).
• Allowing anyone who has an account on any social media platform (even if they don’t have one) to create their own nft which will be shared across all networks automatically without having to pay any fees because we’re starting open source projects that are free! If someone wants their friends see what they’re up to while they’re busy making money then this might just work perfectly! We’ve also created an easy way for people who aren’t tech savvy enough yet but still interested in learning new things so if you ever feel lost don’t worry – there are plenty of resources out there such as tutorials available by searching terms like ‘NFT Guide’ + ‘Guide For Beginners”. It doesn’t matter if the person doesn’t want anything too technical or has never heard before because everyone can learn at some point so even though we won’t tell them the exact steps needed now it’ll make sense later when