What is NFT?
Its abbreviation means “non-fungible token”, which literally translates in Spanish as “non-fungible token”. Each of these assets is represented by an alphanumeric string that gives each token a unique identifier. We can translate this into simpler words like certificate digital authenticity because the idea of them is unique and exclusive to the people who own it. By the way, this is one of the reasons why this technology has experienced such a heyday in the last 24 months.
NFTs can be symbolized in many ways, such as through art, music, personal property, real estate, etc. Now that we understand what NFTs are, we need to understand how they are marketed; What makes them so attractive? How does NFT gain value? Well, like all assets, value is something that is created by their behavior in the market. This is why the more exclusive or “rare” an asset is sold, the higher its resale price.
It is very important to clarify that in this great technological world called “Blockchain”, there are different networks running NFTs such as…