'What are NFTs and Why Should I Care About Them' web3 nft
For the past few months, I've been hearing about NFTs, and I had no idea what they were, so I decided to check them out and what I found out was pretty interesting, and so I decided to write an article about it to help those who were in the dark about NFTs like I was.NFTs is an acronym that stands for Non Fungible Tokens, and they are used to describe things that cannot be replaced as they are special and have special properties like your computer, your favorite dress, or your key holder.
In simple words, NFTs are digital assets that represent a wide range of unique tangible and intangible collectible items. Collectibles here simply mean anything of value, like maybe a painting by Leonardo da Vinci, a football signed by Leo Messi, the first Apple 2 computer. Things like that.Now we understand the meaning of NFTs, let's understand...NFTs exist on a blockchain, which is distributed ledgers that record transactions.
When you buy a collectible's NFT, it's just like getting a digital certificate saying you own that particular collectible. Think of it this way, you and a group of other people all want a particular car, and you all bid for the car, but then your price wins, and you get the car.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Autonomous NFTs Take NFTs and Crypto Gaming to the Next Level: Unhashed #23 | HackerNoonUnhashed is a QnA series where I speak with top execs of new and established blockchain projects to unravel the mystery of blockchain & crypto.
Baca lebih lajut »
Beatles Memorabilia From Julian Lennon's Collection to Be Sold as NFTsThe Beatles are appearing in NFT form as JulianLennon puts items connected with his father John up for auction on YellowHeartNFT. By JamieCrawleyCD
Baca lebih lajut »
YouTube Looking to Add NFTs in Ecosystem Expansion Efforts (Report)YouTube could be the latest platform to consider NFTs, as the sector continues to see increased growth and adoption.
Baca lebih lajut »
The Beatles and John Lennon Memorabilia Listed for Sale as NFTsPaul McCartney's handwritten notes for the group's song 'Hey Jude,' and clothes worn by John Lennon are part of the NFT collection.
Baca lebih lajut »
Rare pieces of Beatles memorabilia set to be sold as NFTsThe collection features a handwritten note by Paul McCartney and a black cape worn by John Lennon. Some proceeds will go to a climate foundation.
Baca lebih lajut »
YouTube wants to help content creators capitalize on NFTsYouTube is exploring the idea of helping its content creators to capitalize on NFTs, according to YouTube CEO Susan Wojcicki.
Baca lebih lajut »