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NFTs have achieved an upset in the craftsmanship and gathering market, since now an advanced drawing, a realistic, an image, can be changed over into exceptional NFT files by a partner with a blockchain, and get a similar worth as a drawing or a canvas. in physic.
Millions have been paid for NFTs of renowned images, and, surprisingly, the creator of the website pages has sold the first code as NFT, for more than 5 million dollars.
What is a chain of blocks or Blockchain?
We have seen how an NFT is a computer file, which becomes unique by assigning it a key that is managed within the blockchain or Blockchain of a cryptocurrency.
The blockchain is a chain of encrypted data linked to each other. The mining of each cryptocurrency or token is recorded here, as well as all the transactions of those tokens, when they change hands.
The blockchain is managed by a network of thousands of computers, made up of miner teams, volunteer users, companies that work with cryptos, etc.
The key feature of the blockchain is that for any cryptocurrency transaction to take place, it must be approved by 51% of all computers on the blockchain.
This is what makes cryptocurrencies and NFTs impossible to hack because it would require hacking thousands of network computers scattered around the world at the same time.
Be careful, the blockchain may be uncheckable (at least until quantum computers arrive ), but the wallets (an app with an account) where users store their cryptocurrencies are easy to steal if they are not protected. This is the place where practically all-digital money tricks occur.
That is why many people use physical wallets, devices that are not connected to the Internet, except when you need to use the cryptos they contain:
The blockchain of a cryptocurrency has many uses, and one of them is also managing NFTs, assigning them a unique key, and preventing them from being hacked or forged.
We already have clear concepts.
In summary
We have seen how cryptocurrencies are encrypted keys, which are managed in their blockchain or blockchain.
This blockchain has many different uses apart from managing cryptocurrencies. For example, it also manages NFTs.
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Choose your NFTs
The first step is to choose the NFT files that you are going to sell. It should be something novel, something that you have made, and you are its legitimate owner.
The smash-hit NFTs are drawings, GIFs, and images, yet there is everything: music, video, photographs, sonnets, etc. The top-rated NFTs are drawings, GIFs, and images, however, there is everything: music, video, photographs, sonnets, and so on
An artistic work pays well, but some people have to sell curious things, such as women with long necks:
Open Sea
It is extremely normal to make a large number of variations by blending various parts (eyes, hairs, mouths), utilizing an application, and afterward selling them in clusters.
There are even people who have become rich selling their selfies, captured over the years:
Typically NFT file buyers look for things that have unique and original concepts or features, even if they are not a work of art.
They also serve physical objects that you can digitize. A painting that you have painted, old photos that you inherited from your grandfather, old postcards… You snap a picture or output it, and you as of now have the PC document.
Keep in mind that you are selling the rights to the digital file, not the physical item …
Choose your NFT market
Once you have created some files that you want to convert to NFT. You need to choose the NFT marketplace where you want to sell them.
NFTs are bought and sold on specialized platforms, which take care of the dirty work, such as converting your files into NFTs and linking them to a blockchain, so you don’t have to worry about a thing. Charging a commission, of course…
There are many NFT markets. Some are accomplished in photographs, others in workmanship, and so on
One of the most outstanding knowns is Binance and OpenSea.
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• Larva Labs/CryptoPunks
• NBA Top Shot Marketplace
• rare
• super rare
• Foundation
• nifty-gateway
• mintable
• Theta Drop
Visit them, and pick one that fits the sort of NFT files you need to sell. You should make a record with them, to begin exchanging.
Choosing the NFT market is important because each one uses a certain blockchain and a certain cryptocurrency.
What cryptocurrency do I need?
Most of the NFT markets use the Ethereum blockchain, so they employ the Ethereum cryptocurrency. But some markets have their cryptocurrency. For example, Raible uses the crypto called Raible.
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All commissions and fees you pay to use the marketplace, as well as any sales you make, are made with your cryptocurrency.
So, before you sell NFTs, you are going to have to buy that cryptocurrency, to pay the fees that allow you to put your NFTs on the market.