The World of Non Fungible Tokens (NFT)

The World of Non Fungible Tokens (NFT)

The World of Non-Fungible Tokens (NFTs): How do NFTs work? Why do NFTs have value? How do I create my NFT? Where can I buy NFTs, and many more topics.

• NFTs are applicable in various use cases, including virtual assets, gaming, collectibles, and the tokenizing of real-world assets. NFTs also allow for a more flexible way to store, control, and protect information related to one’s identity.

• There is evidence that NFTs combine the best features of decentralized blockchain technology with non-fungible assets, resulting in tokens that are special but scarce and certainly genuine to the blockchain world.

• Despite all of their mouth-watering advantages, the adoption of NFTs is still relatively low compared with the millions of people who own cryptocurrencies globally. Among the hindering factors inhibiting mass adoption or utilization of NFTs are the newness of the technology, the inaccessibility to most people, the scary volatility of the transaction fees, the hard-line of connecting real-world assets to NFTs, and above all, the regulatory environment.

• Non-fungible tokens have a long history dating back to 2012 when colored coins were introduced on the Bitcoin network. For instance, the first example of NFT on Ethereum was CryptoPunks in 2017, soon followed by Cryptokitties, the most famous and successful NFT item to date.

This NFT Express Course will cover the basics of NFTs. Therefore, by having this guide, you will know what an NFT is, and why people may start using them more frequently than they do now.

In this course, you'll find:

• NFTs and fungible Items

• A fungible item - what does this mean?

• What are NFTs?

• How is NFT different from cryptocurrency?

• The history and emergence of NFTs

• How do NFTs work?

• Can the government tax NFTs?

• Why do NFTs have value?

• How do I create my NFT?

• Creation process

• How and where can I buy NFTs?

• What risks are involved?

• Legal implications

• Taxation and copyright

• Money laundering

• SMART contracts

• The future of non-fungible tokens

And, much more!

The NFT Express Course - What Are NFTs, and Why Are Some Worth Millions?

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What you will learn

• Learn the Basics of NFTs and Fungible Items
• How is NFT different from Cryptocurrency?
• How and where can I buy NFTs?

Rating: 0

Level: Beginner Level

Duration: 1 hour

Instructor: Der Astronaut