Why should I buy an NFT?

Buying and selling digital assets as NFTs yields access to potentially far more buyers and sellers than in the past . “Smart contracts,” meaning a set of coded commands built into the blockchain, can ensure that artists and creators get paid based on the use and resale of their work in the future.

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends . Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.15 Şub 2022

How can I invest in NFTs? You can buy assets that have been tokenized into NFTs through any NFT marketplace and some cryptocurrency exchanges . Many NFT marketplaces, such as OpenSea, are hosted on the Ethereum platform and may require you to own Ether (ETH) to buy an NFT.

Top 5 NFTs: Largest tokens by market cap. Based on total market capitalisation on 21 March 2022, the five largest NFT-related tokens are Decentraland’s MANA, Axie Infinity’s AXS, The Sandbox’s SAND, Theta Network’s THETA, and the Tezos (XTZ) .