Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Off Topic Discussion
General Topics
【JTeam Champion NFT】What does NFT mean? What is NFT concept stock? What are the NFT concept stocks?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasz, post: 225250, member: 61772"] NFT means Non-fungible Token. This implies it's different and irreplaceable with any other. For instance Bitcoin is actually fungible. When you trade Bitcoin for another Bitcoin, you will have the same thing. •A black Lexus 330 can be exchanged with a white Lexus 330 model, because they are fungible. However, the prototype of Mona Lisa and Leonerdo Da Vinci painting of the last supper are non-fungible so cannot be exchanged. They are the original copy of themselves. Just like you cannot exchange a person for another. We have different identities (DNAs). •NFTs are registered tokens on the block chain and cannot be exchanged with each other. •A good number of the NFTs are of the Ethereum Blockchain. •They are Artworks, but Artworks are not NFTs. You cannot copy and paste or save it in your gallery like other artworks. NFT is not a media file in your gallery, but a token in your wallet. •Cryptographic Technology prevents NFTs duplications. •The Blockchain ( Ethereum ) prevents bitcoin bubble spending and increased demand. It will continue to increase in value as demand increases, so NFTs. •They are Digital Assets. •You cannot sell it less than you bought it. It might take time, but you will surely sell it for a higher price than the price you bought it. •Some platforms give you some percentage when they sell the NFT purchased from you. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Off Topic Discussion
General Topics
【JTeam Champion NFT】What does NFT mean? What is NFT concept stock? What are the NFT concept stocks?
Top