What are NFT Categories ? !!!! HUGE !!!! AHEAD #nftcrypto #nftart #NFT #nft2022 #nft2025 #nfttoken #nftideas
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▶ What are NFT
▶ HUGE AHEAD !!!!!
▶ What are NFT Categories ?
What are NFT Categories ?
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.
But did you know that there’s more to an NFT than a mere jpeg? An NFT is a digital asset that exists in the digital world. You can’t touch it, but you can own it. And today’s story is about the many forms of NFT and how it’s bringing value to the world.
Artwork
The rise of NFT grants creators the authority to rent out, sell, or display digital artworks how they wish. In order to sell their NFT, artists need to get a legal ownership of their work done on the blockchain.
The Blockchain will handle and record every information that will make the digital transaction tamper proof. Blockchain is extremely useful for tracking copyright ownership and maintaining records of creation. Any blockchain based digital masterpiece you create, and mint will lead solely to you. Art is the most popular form of NFT out there.
Notably, a looping 10-second video called "Crossroad" depicting a naked Donald Trump laying on the ground has sold for $6.6 million. This one was also by Beeple.
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