what is an NFT? How to mint an NFT?

What are NFTS ???

A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownership within a blockchain network. NFTs are not interchangeable with each other and introduce scarcity to the digital world

“What are NFTs?” It’s a question that’s been flooding Google’s search engine as people try to make sense of the trending buzzword. NFT stands for non-fungible token, but what does that even mean? Well, before I can explain what “non-fungible” means, let’s dive into the definition of fungible

Word to word explaination 

“Fungible” describes a good that can be easily swapped for another good within the same asset class. For example, if I swap your $100 for my five $20 bills, you likely won’t say, “Hey, that’s not fair!” because they have the same value. As such, the US dollar is fungible. Cryptocurrencies like Dogecoin and Ethereum are fungible as well — you can easily exchange one Bitcoin for another without stepping on any toes.

Non-fungible, on the other hand, describes a one-of-kind, unique good that can’t be readily exchanged for another good within the same asset class. Non-fungible tokens are also indivisible (i.e. they can’t be divided into smaller denominations in the same way that a dollar can be split up into four quarters)

Example 

There's a mona lisa painting which can't be painted same or copied, in the similar way NFTS are can't be copied even somebody do they won't be having the same value because of the minted address or copyright ©️ guys

Various frameworks have been created to facilitate the issuance of NFTs. The most prominent of these is ERC-721, which is a standard for the issuance and trading of non-fungible assets on the Ethereum blockchain. A more recent, improved standard is ERC-1155, which enables a single contract to contain both fungible and non-fungible tokens

Types of NFTS

In NFTS there's no limitations like NFTS doesn't only mean pictures, digital or physical art which is drawn but NFTS can be picture, music, digital or physical art and gamefi inbuild item or accessories nfts also guys

How to mint an NFT?

Minting an NFT is easy you have create an account on that specific platform and use their native token or the coin which they support 

👉The art should be original

👉 NFT can be any digital art, photograph, music and even a social media of yours

👉The platform will take some fee for memory and some percentage from your NFTS price as per the rules 

👉For Ethereum

You can use opensea, foundation etc

👉For Binance

You can use the Binance platform

Or the platform like pentas.io

https://app.pentas.io/nft/126487

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