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What’s an NFT? (Non-Fungible Token)
NFTs are certificates that attest to the authenticity, uniqueness and ownership of a digital asset (such as an image, a video, a song, etc…)
So they can not be replaced with other goods of the same kind (as it is for the money, which is interchangeable)
The most obvious example of this is with paintings and works of art: they are also unique and 100% original…
NFTs are being used in various sectors such as music, sports and online games, but the largest market remains art.
Some of the qualities that make an NFT go up in value are: Design, Originality, Scarcity, Rarity and First Edition!
These are not financial advice. We are not financial advisors. Please do your own research and make your own decisions.
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