For content creators and crypto aficionados, the topic of the year has certainly been NFT. From 8-bit images to 7-digit monkey avatars, NFTs have been gaining more and more space in the mainstream. But, what is an NFT?
Why buy a .jpeg that can be easily copied?
To answer these and other questions, let's break it down.
hat is an NFT?
Why buy a .jpeg that can be easily copied?
How to invest in NFTs?
How to buy NFT?
How to sell NFT?
How to create an NFT?
Good reading!
What is an NFT?
NFT are tokens used to certify ownership of digital assets.
They are considered a kind of “registry” or digital certificate, and it is through these tokens that the ownership and authenticity of the asset is registered.
These tokens can be non-fungible and fungible.
Non-fungibles are unique and not mutually interchangeable. Fungibles, in turn, are exchange currencies (a simple example is Bitcoin itself).
It is possible to exchange R$10 for the exact fraction of Bitcoin, but the same is not valid for NFT. It is not possible to exchange a low value NFT for a fraction of another NFT, for example.
Non-Fungible Tokens
indivisible;
unique;
Intellectual property.
Fungible Tokens
divisible;
non-unique;
Means of exchange.
Examples
Leaving the term “token” aside and thinking about fungible and non-fungible items, we have the following examples:
- Fungibles:
Real (BRL)/Dollar (USD);
Bitcoin and other cryptocurrencies;
American stocks (they are fractional);
- Non-Fungibles:
The shirt that a player wore in a championship final;
The 2010 Campeonato Brasileiro Série A champion's trophy;
A Pokémon card, single edition;
A unique watch or sneaker;