An NFT is a unique digital token that cannot be exchanged on a one-to-one basis with other tokens, hence the term "non-fungible." In contrast to cryptocurrencies like Bitcoin or Ethereum, where one unit is interchangeable with another of equal value, NFTs are one-of-a-kind and indivisible, representing ownership and authenticity of a specific digital or physical item.
Cryptocurrencies
Solana is a rapidly growing Layer 1 blockchain that aims to provide high-performance, scalable, and low-cost solutions. It is a competitor to Ethereum and distinguishes itself through its unique consensus mechanism, called Proof of History (PoH), which operates on top of a PoS mechanism, low transaction or gas fees and
NFT
Non-fungible tokens (NFTs) have taken the digital world by storm, and one collection that has waddled into the limelight is the adorable and charming Pudgy Penguin NFT collection. In this comprehensive guide, we'll dive into the world of Pudgy Penguins, exploring their history, the founding team, where to
Bitcoin
"Digital artifacts", aka #nfts on the Bitcoin chain. What is a Bitcoin NFT ? Bitcoin NFT refers to NFTs that are being created on the Bitcoin chain using the Ordinals protocol. The Ordinals project refers to the Bitcoin NFT as a “digital artifact”. How is it different from other
NFT
The global NFT market size touched $40 Billion (source: BusinessInsider) in 2021 and is projected to grow by $147.21 Billion (source: Technavio Market Research report) between 2021 and 2026. What is an NFT? NFT is short for non-fungible token. Non fungible means that each token is unique unlike tokens
NFT
An NFT is a unique digital token on the blockchain and is typically an image or something similar. The process of creating the very first entry for an NFT on the blockchain is referred to as minting the NFT. BAYC, short for Bored Ape Yacht Club, is an NFT collection
NFT
Decentraland is a 3D virtual world built on the Ethereum blockchain. It is a modern metaverse where users can buy land, build experiences on the land, play games, attend events and even play poker. It is a web3 project that is being developed as a completely decentralized, autonomous DAO with
NFT
In the current web2 world, popular apps make money by selling ads that are shown to their users and also by selling the users' data to advertisers. All the apps that you use on a daily basis like Facebook, Youtube, Instagram and Google make money this way. All the
NFT
If you're an artist looking to create NFTs using your original artwork or an entrepreneur looking to create NFTs, here is a step by step guide to help you get started. You will need the artwork to get started. It can either be your own original artwork or