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NFT or Non-Fungible tokens are digital currencies that are exchanged between buyers and seller in cryptocurrency. The development of NFT typically involves artwork and famous video clips memes, gifs and memes and tweets too.
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NFT Development Explained Presented BY: NFT Marketing Expert
What NFT is All About? The term NFTs is a reference to tokens that are non- fungible, which were created using blockchain technology. They can't be interchanged and replaced due to their significant characteristics, such as distinctiveness. Presented BY: NFT Marketing Expert
Significant Traits Of NFTs Uniqueness Ownership Transferable Authenticity Presented BY: NFT Marketing Expert
NFT Development On Various Blockchain Networks ETHEREUM BLOCKCHAIN Ethereum is the most popular blockchain network which was launched in the year 2015. It comes with technical documentation and therefore it will be more straightforward for developers in creating smart contracts. FLOW BLOCKCHAIN Flow was introduced to the market in the year 2020, it appears to be a good alternative to Ethereum. It is a better choice to make non-fungible tokens, ensuring security and speedy transactions. BINANCE SMART CHAIN BLOCKCHAIN Binance Smart Chain has an advanced smart contract feature that is compatible with Ethereum Virtual Machine (EVM). Presented BY: NFT Marketing Expert
Developing NFTs The prospect of big profits is causing more and more people to start NFTs with the intention of making money from the current trend. This start with development of NFTs and here is a step-by-step approach on how to create PICK YOUR ITEM Pick any unique digital asset such as painting, picture, music, meme, etc. that you own the property rights too. 1. 2. CHOOSE YOUR BLOCKCHAIN Determine the blockchain technology you intend to use for your NFTs. 3. SET UP DIGITAL WALLET You need to have some cryptocurrency connected to your digital wallet to fund your initial investment. Presented BY: NFT Marketing Expert
Developing NFTs 4. SELECT YOUR NFT MARKETPLACE Find a platform that's a good fit for your NFT. Then, connect it to your digital wallet so you can pay fees to mint your NFT. 5. UPLOAD YOUR FILE Choosing your favourite Marketplace, you should have a step-by- step guide for converting your digital file into a marketable NFT. 6. SET UP THE SALES PROCESS Choose how you want to sell your NFTs and set a price. Presented BY: NFT Marketing Expert
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