What is NFT and what is it eaten with?
Hello, everyone, Just Dreamer🍀 is here again. So today I want to tell you what NFT is and what kinds of NFT there are.
Let's start with what NFT is
NFT — Non-fungible tokens. An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
Each token contains a small amount of data that is unique to that token. NFT has 1 single owner.
What types of NFTs are there?
I will divide the NFT into the following types: Avatars, NFT for games, other NFTs
Avatars
Cats as avatars, dogs, some strange creatures, monkeys,
whatever in the form of avatars. In the NFT community, it's customary to put an avatar
a jpeg that you own, so a knowledgeable person can look at it and judge it
and say: "Wow, he has a rare and expensive NFT, he's worth listening to
and respect." Yes, trivial logic, but it works.
NFT for games
That's something I'd like to pay a little more attention to. Because avatars usually just flip (sell for profit), and NFT for games are usually taken as an investment to get passive income for a certain period of time. This is an investment in the future, if the project is good of course.
NFT for games are usually divided into lands and characters (in many games exactly so), although recently there is a trend Move2Earn, which allows you to earn on the walking and other activities (as well there is Learn2Earn, Jump2Earn and so on), in the same projects, you buy NFT that allows you to earn for the activity and usually such projects live long.
other NFTs
This is where I want to refer to music, video and similar works. You won't put that on your avatar, the only way for such NFTs is through collectors' appreciation. If someone really likes the music, he will buy your track in the NFT and become its owner.
So guys, it has been a very exciting journey and you have reached the end, I congratulate you! Now you know about NFT and the most necessary, in my opinion, species. Thanks to everyone who read my article, I tried)
Just Dreamer🍀 was with you.
Well, it's time for me to say goodbye, and good luck to everyone!