Is NFT a currency?
I'm exploring the concept of NFT and its relation to currency. I'm wondering if NFT can be considered a form of currency, given its digital and transferable nature. Can someone clarify this for me?
Can beginners make money in NFT?
I'm new to NFT and wondering if it's possible for beginners like me to actually make money in this field. I've heard a lot about people earning from NFTs, but I'm not sure if it's feasible for someone who's just starting out.
Do you actually own an NFT?
I'm curious if you have any personal experience with NFTs. Specifically, I want to know if you actually own one.
Can you keep the NFT forever?
I'm wondering about the ownership of NFTs. Specifically, I want to know if it's possible to hold onto an NFT indefinitely, or if there are any limitations or conditions that could affect my ability to keep it permanently.
What is a non-fungible token (NFT)?
A non-fungible token (NFT) is a unique digital asset representing ownership of a digital or physical item. Unlike fungible tokens like Bitcoin, which are interchangeable, each NFT is one-of-a-kind and cannot be replicated or exchanged for another. They are stored on a blockchain, providing a tamper-proof record of ownership and authenticity. NFTs are commonly used for digital art, collectibles, and in-game assets, allowing creators and owners to buy, sell, and trade these items securely.