Current valuation of cryptotrade1 is worth $1million.
If you are actively involved in this world as on twitter,Instagram,Linkedin,Yotube thwn surely you will be heard of something called NFT which means Non-Fungible Token.
Let’s first start with NF – ‘Non-Fungible’
fungible means replaceable.
So Non-Fungible indicates non-replaceable, lets understand out it as a example
What is token?
When we connect with NFT it will became NFT. Now What is token?
the whole NFT based on Ethereum Blockchain technology.
To know about blockchain click here.
How Blockchain technology is connected with NFT?
That lady have her own non-fungible news-paper, she wants to sell
that news-paper and you want to buy that particular news paper, so that lady decide to sell it in $100.
If you want to own that paper there has to be way to prove that you own that paper.
You know that it was physical book, But What if it was image, GIF, Video, Poster, Card or it can be anything digitalized asset?so how one can prove the ownership of that one particular Object?
It is Proved by creating NFT. That is how NFT works.
And NFT is the Legal way to transferring the ownership of digital items. That ownership of any item will be always in record and it would be proven,never edited or deleted by using of the blockchain.
What is the future of NFT?
Once any NFT sold out to other person after the creator, creator get 10% Royalty every time NFT sell to one by one another person. That is the main benefit of NFTs.
The Future of the NFT are more brighter than anything.
How to Purchase NFTs?
The most famous NFT commercial centers incorporate OpenSea.io, Rarible, Foundation, SuperRare, Nifty Gateway, to give some examples. Make certain to consistently do your examination prior to purchasing any NFTs, since certain craftsmen have effectively fallen casualties to impersonators who have recorded and sold their work without their consent. Since most NFTs are Ethereum-based tokens, the greater part of these commercial centers just acknowledge ETH tokens as installment.you can pay by metamask wallet.
To create account in metamask click here...
Here, our NFTs are published https://opensea.io/assets?search[query]=cryptotrade1