If one day you’ve found yourself googling “what is NFT”, this article is for you. NFT conquers the global market, countries’ governments, and digital space. So when to start figuring out the NFT if not now? We’ll open this crypto Pandora chest for you and your NFT profit with Moovy.
What is NFT?
“Tell me what your NFTs are and I’ll tell you who you are”. Okay, we changed the famous phrase a little bit but it stays still — the choice of NFT shows a lot about a person’s mindset. But first, let’s start from the basics.
NFT is a “non fungible token”. It’s a digital object that contains a piece of data that no one can change. It can be different — for example, artworks, music or so called fiat money. With the last one, NFT works extremely well. Imagine you have $5000 in cash. Can you distinguish if it’s not a fake? Only a bank officer can check it thoroughly. With NFT it’s always clear — it’s almost impossible to cheat with it.
Thanks to blockchain technology. Its decentralized structure and special double coding after every transaction make cheating with NFT unreal. If you don’t have a Quantum computer in your backyard, of course. And while we all are still waiting for such technologies to be fully developed, our NFT deposits will remain original.
So, after we dive into NFT safety, let’s talk about buying crypto tokens.
What are the best NFTs to buy?
Sorry, we won’t give you an accurate answer, as we don’t want to fool you. The specific point of NFT is their value change. Today one NFT coin beats the top rates but tomorrow it bites the dust. So, check NFT rates on global cryptomarkets and never choose one NFT to put your money in.
But!
There is a special type of NFT that is getting extremely popular and therefore profitable. The Game-Fi sphere from time to time launches projects that become new world favorites. The player can earn NFT by doing game tasks in real life.
If a game project is catchy, thrilling, and dynamic, if it strikes people’s lifestyle, its NFT goes up to the market sky. Experienced NFT holders put an eye on such projects before their actual release in order to be the first ones who can play and take the highest profit.
