The discovery of the crypto world has accelerated recently. More and more people are getting acquainted with everything that has to do with crypto. It is therefore no surprise that the attention for NFTs is increasing. NFTs are one of the latest and greatest trends within crypto as a whole (read more about it here the difference between NFTs/tokens and crypto). But what exactly are NFTs? And what can you do with them?
An NFT explained
NFT stands for non-fungible token. Basically, this indicates that it is a unique token that cannot be broken down into smaller pieces. Therefore, only one person is the owner of one specific NFT.
It is often useful to make a comparison in order to understand more precisely what an NFT is. For example, one often chooses to see an NFT as a digital version of a painting. Thanks to the presence of an NFT on the blockchain, it is possible to verify for the full 100% that the NFT is 'real'. Therefore, they are basically not susceptible to scam.
Applications of NFTs
Such NFTs have numerous potential applications. For example, the most well-known and widely used application at the moment is the digital painting. A work of art of which there is only one like it, fully verified via the blockchain.
Another application of NFTs is their use in games. It is every gamer's dream to be the sole owner of a unique weapon, vehicle or property in a game. Especially when you can then sell them for crypto money with a real monetary value.
However, slowly but surely, we are seeing the applications expand further and further. Read this article to see the different options for investing in NFTs to see. That is how it is today at Immotokens It is possible to invest in a unique, digital representation of a certain property. By using one or more Immotokens, you have the opportunity to invest in a property for a fraction of the normal price. invest in real estate with NFTs.
