NFTs
If this is your first time hearing NFTs, gather here. A lot of people have never heard of NFTs and that’s pretty normal. I mean, that’s what we are here for, isn’t it?
NFT means “Nonfungible token” and what it simply does is that it allows buyers to purchase ownership of a digital good living on a blockchain. Digital goods come in the form of anything. It could be an image, a video, animation, anything in the form of a unique digital token living on a blockchain. Let’s look at it from this angle. If you own a digital asset such as a photo, or a video, these assets that you own can be ‘tokenized’ or turned into an NFT. These tokenized items can then be bought or sold or traded using cryptocurrency. Anything can be an NFT. If it is digital, then it can be tokenized. And what’s not digital in this age? Nothing!
To buy or sell NFT in Nigeria, you need a cryptocurrency wallet. This is where you store your digital monies. A cryptocurrency wallet allows you to spend, receive and trade cryptocurrencies.
To learn more about the NFT world, read the articles below.
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The Bored Ape Yacht Club (BAYC) was one of the most popular non-fungible token (NFT) collections in 2021, cementing its…
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The value of an 8,888 NFT collection under the Frosties project plummeted to almost zero almost overnight in January 2022,…
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The popularity of digital collectibles and online marketplaces is steadily rising. Build your marketplace if you plan on entering the…
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The Bored Ape Yacht Club (BAYC) is an exclusive membership project backed by the ApeCoin (APE) token that is offered…
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On the heels of the growing interest in NFTs, people are taking a cue from its potential to turn their…
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Non-fungible tokens (NFTs) are changing the perception of art as a great treasure and its perspective as an emerging financial…
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NFTs are one-of-a-kind items that can include paintings or trading cards, but the blockchain keeps track of who owns the…
Read More »Why Are NFTs So Expensive On Ethereum?
Without a doubt, 2021 was the year of non-fungible tokens, a segment of the crypto business with a market cap…
Read More »How Much Is A Bored Ape NFT Worth?
In 2021, non-fungible tokens were the hottest trend. In and out of the bitcoin business, they experienced global recognition, mainstream…
Read More »What Is Mutant Ape Yatch Club?
The Bored Ape Yacht Club (BAYC) launched the Mutant Ape Yacht Club (MAYC) NFTs after much anticipation. It’s an understatement…
Read More »How To Start NFT Trading For Free Without Gas Fees
You may mint NFTs on various systems and blockchains, each with pros and cons. The OpenSea platform and the Polygon…
Read More »How NFTs Are Made And How They Create Value
Nonfungible tokens (NFTs) are blockchain assets that represent intangible and unique digital items, like art, photos, video games, or content…
Read More »