What To Consider When Buying Nfts?
Cryptocurrency space has been growing over the past few years. Therefore, it goes without a doubt that you have heard certain terms such as bitcoin, crypto wallets, non-fungible tokens(NFTs).
These terms have various meanings when it comes to cryptocurrency. For example, what is an NFT?
Non-fungible tokens are unique assets that are difficult to exchange with just any type of assets due to the quality placed on it. For example, dresses have a known average cost. However, if a celebrity was to wear a certain dress, it would not be sold for the same price as the others. The celebrity has made the dress unique hence increasing its value.
Non-fungible tokens are not any different. They are not traded with assets of the same type due to their uniqueness.
In addition to their uniqueness, non-fun...