Hello friends, all of you must have heard about NFT, but what is this NFT? You would not know this. Many questions come in your mind regarding NFT. But you could not find the answer to those questions? That’s why today we are going to tell you in this post what is NFT? And are going to tell you about how to create NFT?
At present, NFT is being discussed everywhere after the stock market and crypto. A lot of superstars are making their own NFTs. But many times the question comes in the mind of the people that after all this is NFT? And can we also make our own NFT? Today we are going to answer all your questions.
What is NFT?
If you people are more active on the Internet, then you must be getting to hear the word NFT more. The full form of NFT is NON-FUNGIBLE-TOKENS. Also it is known as NON-REPLACEABLE-TOKEN. To understand it better, we have given you an example below.
For example, if you have a book, which has been made in millions of copies. And you bought it from Amazon. Now if you have to replace that book, then you can easily replace the book. And you can replace it in the same price at which you took that book. But if you read that book and highlight some important topics, points in that book, due to which it becomes a unique book. Which you cannot compare with other books and also you cannot buy that book from anywhere else. Which we call non-replaceable. If you want, you can sell that book at your own price.
Now that you have come to know about non-replaceable, now it is important for you to understand what this token is.
What is Token?
From childhood to youth, you must have heard about the word token many times. Whenever you want to buy something, first of all you need to get a token. If the token is known in simple language, then we can call it Blockchain.
For example, as if you bought a book and made some changes in it. Now it has become a unique book, now you can sell that book at your own price. So a token is needed to buy and sell it. If you buy a book, then money is required to buy it, similarly there is a token in NFT.
How to Create An NFT?
Many actors, businessmen, singers are creating their own NFTs and selling that NFTs are taking a good price. Now there will always be a question in your mind that can we also make our own NFT and sell it. Is.
You can easily create your own NFT and sell it online in the market. We have given you the process of how to make NFT.
- First of all, think about what you want to make NFT of. If you want to make any animation or photo as NFT then it is very important to have a photo editor software in your laptop.
- Now you have to completely change that photo, and make it unique completely.
- To change that image which is not available anywhere, and later save that image in full quality.
- In this way you can make NFT of digital painting, Gif, Animation, Music.
How to Buy NFT
NFT This is a fairly new method, in which you should know whether it is right to invest or not, after doing a little research. We have told you below about how to buy NFT.
- First of all you have to have a wallet, the best wallet is Meta Mask which is of Ethereum crypto.
- You can easily download the application of Metamask in your mobile and create your wallet on it.
- After Metask is setup, you need to put some ethereum coins inside the wallet.
- You can easily add Ethereum to Metamask with the help of apps like Wazirx, Coindesk.
- You go to opensea.com. It is considered to be the largest NFT marketplace.
- Now you have to sign in to that with Metamask’s email. Now your metmask wallet is connected to your opensea account.
- Now to buy you have to go to the Marketplace. You can easily buy whatever NFT you want to buy.
How to Sell NFT
Friends, if you have to sell an nft, then follow the process we have given to you below. Before buying and selling NFT, know the complete information about NFT so that you do not have to suffer any loss.
- First of all it is very important to have your Twitter account, because most updates about NFT are found on Twitter. Also, the highest NFT collector is on Twitter.
- You can easily get your NFT listed by going to the crypto platform and sell it at your own price.
- You can also sell your NFT by visiting the NFT Websites.
- Before sell an NFT, your NFT should be unique and attractive only then your collector can buy it.
- You can easily do your NFT sales on the Open Sea NFT website too.
Best NFT Marketplace
To buy and sell NFT, we have told you about some marketplaces below, with the help of which you can easily buy and sell NFT.
- OpenSea NFT
- Axie Marketplace
- Larva Labs/CryptoPunks
- NBA Top Shot Marketplace
- Rarible
- SuperRare
- Nifty Gateway
- Foundation
- Mintable
- Theta Drop
Conclusion
What is an NFT? , How to Create an NFT? has been told about. Hope all the problems you had with NFT buy and sell are over. If you have any questions regarding NFT, then you can easily ask us by commenting.
FAQs On NFT
Q1. What exactly is an NFT?
Q2. What is NFT in Crypto?