You have heard that an NFT art piece sold for millions of dollars! NFT helped artists to make thousands to millions of dollars. So, What is NFT, and how to make money with NFT?
What is NFT?
The NFT (non-fungible token) is a unique digital ledger data unit that can be purchased and owned by a person or an entity. An NFT (non-fungible token) is an asset in a blockchain with a unique identification code. It is a type of financial security consisting of digital data stored in a blockchain, a form of a distributed ledger. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can represent digital data like images, art, videos, music, and movies.
Wondering where to find an NFT art. There are a number of NFT art marketplaces from where you can buy these digital arts.
OpenSea, a leading NFT marketplace, is the first and largest marketplace offering user-owned digital items. Foundation is another digital art platform where art enthusiasts invite other artists to participate in exhibitions and events. Rarible is a community-centric NFT marketplace, that allows trading NFTs like photography, gaming, and memes.