NFTips 101

NFTips 101
Our mission: Research NFT's to create more people who can live in freedom.
Disclaimer: Always do your own research when investing in NFT's.

[NFTips 101 @NFTips101]

Very educational article, do your research, learn and invest!

$100 to Over $4000 in Profit Buying NFTs on VeVe! by Marvin https://t.co/GxtioU5Yuy

#vevefam #VeVeCommunity #VeVecollectibles #NFTshill #NFTGiveaway

[NFTips 101 @NFTips101]

Legend🔥
Snoop Dogg is releasing exclusive music as NFTs and more on the Cardano blockchain https://t.co/IA1MFpynow

[NFTips 101 @NFTips101]

Check this out! First rating by NFTips!
@ https://t.co/zJIkvarQN9

Rt + Like + Comment & Follow! 🙏

#NFT #NFTdrop #NFTCommunity #NFTrating #MusicNFT #Musicbearawards

[NFTips 101 @NFTips101]

-Popular online videos including viral or celebrity clips
-Virtual goods such as Fortnite skins
-Images that became viral memes
-Tweets posted by celebrities
-Digital artworks
-Sports collectibles and memorabilia
-Animated GIFs (2/2)

[NFTips 101 @NFTips101]

What are some examples of NFTs?
NFTs are usually digital assets, but an NFT can be just about anything. Here are a few examples of NFTs that brokers have bought and sold in the past: (1/2)

[NFTips 101 @NFTips101]

This allows you to verify the authenticity of a property true the blockchain. This ensures that physical objects are also increasingly recorded on the blockchain.(2/2)

[NFTips 101 @NFTips101]

Decentralized
there is no central organization that has all the power. In addition, there is no organization that determines who is the owner of witch NFT, but this is recorded on the blockchain.(1/2)

[NFTips 101 @NFTips101]

NFT's are recorded in a smart contract on the blockchain. In the contract you can find all information about the NFT, this info is accessible to everyone. Because the NFT is on the block, you cannot copy this unique token. Ownership rights are recorded on the blockchain.

[NFTips 101 @NFTips101]

Each NFT represents a unique asset with its own value. When you buy an NFT, you are buying full ownership of the piece. This means you can keep, sell or display it in your online collection. Other people can look at the file, but you have full ownership and distribution rights.

[NFTips 101 @NFTips101]

For example, a penny is a fungible token because it is not unique - you can trade it for almost any other penny without seeing a change in value. However, a painting like the Mona Lisa is not fungible because it is irreplaceable. (2/2)

[NFTips 101 @NFTips101]

NFTs are assets with a unique code that makes them unique. Because they are not fungible, you cannot immediately trade one NFT for another. (1/2)

[NFTips 101 @NFTips101]

Great article!

Top 10 Historical NFTs Everyone Should Know https://t.co/gmawES9iMm