A Guide for Beginners – What Are NFTs and How Do They Work?
Assets are acquisitions. Some of them are investments while some are mere expenses. In other words, all investments are assets but not all assets are investments. Having made this clear, you should know that there are digital assets, just as there are physical assets.
NFTs are prime examples of what qualifies as digital assets. Furthermore, they are investments. This is given their ability to yield profit for anyone who has them. Speaking of NFTs, this article intends to shed more light on these digital assets. Read on to discover more.
What Are NFTs?
NFT is the acronym for Non-Fungible Token. In simpler terms, they are digital assets created and operated using blockchain technology. This technology being at the core of how these assets are created, owned, sold, and purchased; offers several advantages. Transparency, immutability, and security are some of the advantages in question.
Furthermore, one distinct thing about NFTs

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