NFTs

NFTs are unique digital items — like art, music, or in-game gear — stored on the blockchain. To put it simply, they're pictures on the internet worth money. People make money this way by:

  • Buying NFTs early and selling them later at a higher price. (Like collectibles)

  • Earning royalties on NFTs they’ve sold in the past.

NFTs are generally part of an NFT collection, which is a collection of NFTs with similar art style, usually launched by a project.

Here's a simple explanation as to what an NFT is (for easier understanding).

Some examples of NFTs are:

Degods
Mad Lads
The Henchmen

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