NFTs

Understanding Legal Rights of NFT Ownership NFTs, or non-fungible tokens, have recently become a hot topic in the world of digital trade and cryptocurrency. Despite being in a relatively nascent stage, NFTs have already garnered interest due to the lucrative prospects they offer. However, as with any other investment or trading activity, users need a …

Understanding Royalties in NFTs The introduction of non-fungible tokens (NFTs) to the blockchain universe breathed new life into creative industries by offering a unique, traceable and secure platform for the trade of digital assets. One of the key features of NFTs that provides a potent income-generating supply for creators is the royalty mechanism. In the …

Understanding Gas Fees in NFT Transactions In the world of Non-Fungible Tokens (NFTs), one concept that often sends beginners and even advanced traders into a spin is the idea of gas fees. To comprehend the operation of NFT markets and participate effectively, it’s crucial to clarify what gas fees are, why they are necessary, and …

Utilizing NFTs for Branding and Marketing In the era of digital advancements, Non-Fungible Tokens (NFTs) have emerged as a new player in the scope of branding and marketing. With their unique abilities to verify authenticity and generate exclusivity, NFTs present ample opportunities for businesses looking to elevate their marketing strategies. Understanding NFTs Before we delve …

Understanding the Value of NFTs and the Buying Process Why are NFTs Valuable? NFTs (Non-Fungible Tokens) have been gaining significant attention in the digital asset market. The main contributing factor to the value of NFTs lies in their unique nature—they are non-interchangeable assets that can be authenticated via blockchain technology. This characteristic implies several aspects …

Determining the Price of an NFT Understanding how the price of an NFT (Non-Fungible Token) is determined can pose a significant challenge due to the unique and versatile nature of these digital assets. Whether you’re a beginner or an advanced NFT trader, understanding the nuanced factors that drive NFT value can help shape your investment …