NFTS: What Are NFTs and How It Works?

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[{"selector":"#anim-984fb017-5225-40ea-8255-94f99884d737","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a9cf222-128f-40c9-80c9-b5c1293fa599","keyframes":{"transform":["translate3d(0px, 139.91155%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] What is NFT? Non-fungible token. What is Non-fungible means? It means that it’s unique and can’t be replaced with something else.

[{"selector":"#anim-bb2cdaa0-6edf-4a94-9083-b4e5ba41c2ba","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b746a316-70ee-4e07-9d63-be4a1c7c46af","keyframes":{"transform":["translate3d(0px, 158.78337%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How do NFT's work? most NFTs are part of the Ethereum blockchain. Its one way to represent anything unique as an Ethereum-based asset.

[{"selector":"#anim-29d9ca96-e3ae-4d09-a7dc-7caf69477510","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec5b9f44-4f53-4581-a95c-f9b74b9aaeca","keyframes":{"transform":["translate3d(0px, 183.58104%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] What comes under NFT? NFTs means anything in digital like drawings, music, your brain downloaded and turned into an AI etc.

[{"selector":"#anim-43a720e9-79e9-4ed2-abd5-c68a2cfb3fdf","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8638b046-a2d4-48c8-84b8-1d8150332cc1","keyframes":{"transform":["translate3d(0px, 176.66049%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NFTs are giving more power to content creators than ever before. Powered by smart contracts on the Ethereum blockchain.

[{"selector":"#anim-07e2880f-29f2-454b-81d6-e5f968117464","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c63c132b-8114-46dd-a97a-3f88646af6e3","keyframes":{"transform":["translate3d(0px, 134.37642%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] so this webstory can be NFT? It can be tomorrow but right now its all in fine art collection that is buzzing more. Jack Dorsey sold his first week for $3M so now you kow what i am saying

[{"selector":"#anim-78f19730-ce73-4c4e-8153-07d4d2c7083f","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4ac173c-d212-45c3-81ae-5166e15489a8","keyframes":{"transform":["translate3d(0px, 148.08173%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Whats the point of NFT? It depends on wheter you want to be a buyer (collector) to collect all these and sell later or you want to be an artist to create the best digital fine art collection to sell for million dollars...

[{"selector":"#anim-1cd6503e-7a05-4c77-8b17-73142ddd2b35","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f20592de-5b9b-432e-a8de-b465c11f7690","keyframes":{"transform":["translate3d(0px, 123.30420%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Who will buy these for millions of dollars? As we said earlier, some people believe this is the future fine art collection to auction for better price in the future world. You can call them stupid but we never know whats the future is!

[{"selector":"#anim-3e3a1491-0ccf-436b-bd30-ff6ce585756d","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d584579e-860a-409c-a915-bbdf4e32576c","keyframes":{"transform":["translate3d(0px, 154.33942%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Wanted to know more details of the NFT? Mitchell Clark from Verge has written a great article that has explained the NFT in detail way. do visit the same for more details

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NFTS: What Are NFTs and How It Works?

NFTS: What Are NFTs and How It Works?

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