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Wednesday, August 17, 2022
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What Are NFTs And Why Are They Selling For Millions of Dollars?

Written by Nayantara Singh, a grade 7 student.

An NFT could be anything digital, like a gif, drawing, video, music, etc. which you can then sell. They are usually paid for using tokens of a cryptocurrency called ‘Ethereum.’ Once a person purchases the NFT, they now own the rights to it. So, they can trade and sell it, post it, use it as their profile, etc….

By I Kid You Not , in Did You Know Explained Facts to Know , at January 11, 2022

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