Yes, NFTs are the latest trend in the cryptocurrency marketplace. Through cryptocurrency, you can sell NFT art, buy music, videos, digital art, or digital memorabilia .
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An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
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How Can NFT Artists Earn Royalties? The content creator, or original artist of the NFT, earns royalties through subsequent sales in the secondary market . For example, after the original artist/owner first sells the NFT, the buyer/investor may then sell the NFT to another buyer/investor in the secondary market.
Read moreAre NFT a good investment?
Are NFTs a good investment? Investing in an asset just because it’s tokenized into an NFT is not a good idea. NFTs by themselves are not investments , so make sure to understand the value of the underlying asset that you are buying before you purchase the NFT.
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