What is Non Fungible Token (NFT) | Where to buy Nfts

non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items.

NFTs uses blockchain technology to save data. This data includes the information required to verify the ownership .Anyone can view and verify the ownership of the NFT by accessing the blockchain.

Some NFTs use cases

NFTs are non transferable, and ownership can be verified easily, anything can be stored in it these features opens a verify of applications to NFT

1. Art work

NFTs open a worldwide market for Artists. Publishing digital artwork has become a lot more easier with NFTs. Since it is stored in blockchain (like Ethereum) anyone can buy it buy paying the price to the owner.

2. Membership/Certificates

Membership cards, certificates can be digitally issued using NFTs. Colleges now issues certificates to students by leveraging the capabilities of Nft.

3.Gaming

NFTs are transforming the gaming industry. Earlier the games used several in game tokens for purchasing assets with in the game. Introduction of Nft technology to gaming world has changed several things for good.

Many games are now being developed which uses NFTs to represent the assets in the game. For example several games issues the player skin, weapons etc as Nft.

Where to buy NFTs?

Nft artworks are becoming extremely popular these days. When people say about buying Nft they usually mean buying NFTs representing artworks.

There are several Nft platforms where you can convert your digital artwork to NFT, or buy from the NFTs listed there.

Popular Nft markeplaces

  • https://opensea.io/
  • https://rarible.com/
  • https://superrare.com/
  • https://foundation.app/
  • https://wax.atomichub.io/
  • https://myth.market/
  • https://www.bakeryswap.org/
  • https://knownorigin.io/
  • https://enjin.io/marketplace
  • https://portion.io/