NFTs

Best Practices for Storing NFTs After Purchase Whether you’re a beginner or an experienced trader in the world of Non-fungible tokens (NFTs), one aspect that requires due diligence is storing your NFTs once you’ve purchased them. Understanding how to securely keep your NFTs mitigates the risk of loss and ensures you maintain ownership over your …

Understanding the Potential Risks in NFT Trading Introduction to Non-Fungible Tokens Non-Fungible Tokens (NFTs) are currently a hot topic in the crypto market, turning digital work and assets into one-of-a-kind verifiable assets that can be bought, sold or traded on various platforms. However, as lucrative as this market may seem, it comes with inherent risks. …

Understanding Whitelisting and Blacklisting in NFT Transactions Introduction to NFT Transactions Before delving into the topic, it’s essential to understand what Non-Fungible Tokens (NFTs) are. NFTs represent digital assets on blockchain technology, which include ownership information for unique goods or items, whether digital or physical. NFT transactions involve the buying, selling, or trading of these …

Understanding Fractional Ownership of NFTs The concept of buying fractional shares, or a percentage ownership, of an NFT (Non-Fungible Token) is a relatively new development in the digital asset market. In simple terms, fractionalizing an NFT means splitting it up into many different parts, or fractions, that each represent a share of the overall ownership …

Create a Collection of NFTs to Sell Creating a collection of Non-Fungible Tokens (NFTs) to sell can be a lucrative venture when done correctly. The process involves several steps, from creation to marketing. Let’s break it down to make it easier to understand. Understanding NFTs and Their Importance Non-Fungible Tokens, abbreviated as NFTs, represent unique …

Verifying the Authenticity of an NFT: A Comprehensive Guide In the universe of Non-Fungible Tokens (NFTs), verifying the authenticity of any given item is absolutely vital. Unlike fungible cryptocurrencies like Bitcoin or Ether, each NFT is unique, and some possess significant values because of their individual characteristics and provenance. Consequently, understanding the process of verifying …