NFT (Non Fungible Token) are cryptographic tokens stored in the block that can be used to represent any asset.
Digital investors are not just part of a particular online community, accessing exclusive content and live events, by owning at least a certain segment of them, certain NFTs; it also uses NFT markets with the expectation of “making big bucks in a short time”. Similar to cryptocurrencies, there are exchanges (Rarible, SuperRare, OpenSea, Foundation Marketplace etc.) where NFTs are also sold.
It is impossible to generalize about whether this expectation of “wealth in the short term” will come true. Because we are talking about a digital world whose regulations have not been fully established yet. There are progress and reassurances, but there are also downside developments, and there are also important developments that suggest great earning potential. The internet is full of invitations from NFT marketplaces:
“Buy exclusive and exclusive NFTs designed by world-renowned artists…”
“Get NFT out, buy and bid on NTFs of content creators from all over the world…”
It is certain and clear that these calls received serious response.
Here are a few examples of what’s going on:
NFT named ‘The First 5,000 Days’ sold for $69 million! The work of digital artist and graphic designer named Mike Winkelmann (also known as Beeple). It was acquired by crypto billionaire MetaKovan for $69 million. After the sale, he signed various works with brands such as Nike and Louis Vuitton, as well as artists such as Childish Gambino and Katy Perry.
An artifact from CryptoPunks’ collection of 8-bit images of humanoid characters known as ‘Punks’ has sold for $7.6 million. There are many such examples, and it seems that those who make these expensive purchases are investing in the expectation of earning more. There is a lot of curiosity about the NFT market, which attracts the attention of young entrepreneurs and investors, who are more proficient in technology. What is this NFT? What does a Non Fungible Token do?
The most important feature or difference of NFTs is that unlike other cryptocurrencies, they cannot be exchanged… Author Tuncay Aydıner defines it as follows: “Unique tokens, that is, NFTs in short, are cryptographic tokens stored in the block that can be used to represent any asset. are. NFTs; It can include sports, playing cards, music, video, images, strange creatures such as cats, frogs and even rocks.
Unique tokens prove the authenticity and ownership of the asset, and because they are unique, they cannot be exchanged for a different NFT. This is why NFTs are scarce and quite unique. Additionally, because NFTs are generated on the blockchain, their ownership cannot be changed or deleted on the network in which they were built.”
Neşt Page: Owning an NFT by getting an original code digitally.
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