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The NFT Crypto Art Guide: The Blueprint into the World of Buying and Selling Non-Fungible Tokens including Digital Crypto Art, and Collectibles free ebook download

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Author(s):	Ben Davies

Date:	2021	Format:	pdf	Language:	English	ISBN/ASIN:	B09WLL5VX1
Pages:	115	OCR:		Quality:		ISBN13:
Uploader:	topron	Upload Date:	4/22/2022 3:32:32 PM

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CARVE A NICHE FOR YOURSELF IN THE CRYPTO ART MARKET PLACE

NFT stands for non-fungible token. They are unique and non-interchangeable units of data that are stored on a secure digital ledger (blockchain). Essentially, since they each have their own encryption code that cannot be hacked, they are certificates of authenticity. . Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable for other items because they have unique properties. Fungible items, on the other hand, can be exchanged because their value defines them rather than their unique properties. For example, ETH or dollars are fungible because 1 ETH / $1 USD is exchangeable for another 1 ETH / $1 USD.

An NFT can only have one owner at a time. Ownership is managed through the uniqueID and metadata that no other token can replicate. NFTs are minted through smart contracts that assign ownership and manage the transferability of the NFT's. When someone creates or mints an NFT, they execute code stored in smart contracts that conform to different standards, such as ERC-721. This information is added to the blockchain where the NFT is being managed. The minting process, from a high level, has the following steps that it goes through:

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	Title	Link	Password	Size (MB)	Thank to	Inform Admin
3115662	Book	https://tezfiles.com/file/0b4f04aa76de3/...		0.00	topron

Tags: Blueprint Buying Collectibles Crypto Digital Guide including into Non-Fungible Selling

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The NFT Crypto Art Guide: The Blueprint into the World of Buying and Selling Non-Fungible Tokens including Digital Crypto Art, and Collectibles free ebook download

Category: Management

Description: Click to see full description

Category:
Management