NFT Basics

By SoyRass | Cryptoworldstandard | 17 Feb 2022


The NFT marketplace has exploded over the last year and a half in both price and popularity with  elebrities and corporations getting in on the NFT craze.  NFT's have come to be deemed by many as value preservating assets.  Ranging from fine art, music, entertainment, and gaming NFT's are changing the way we interact in the digital world and the way we persive value in this new and emerging technology.  

 

NFT's are designed to store data on blockchains.  The data stored within an NFT is associated with files containing media including images, video, and audio which can be bought, sold, or exchanged ownership of the asset.  

 

 

 

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