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Introduction
According to DappRadar, NFT sales touched the mark of USD 25 billion in 2021, although many people are still unsure what NFTs are. But the enthusiasm is real; just look at Beeple's spectacular 'Ocean Front,' which sold for an incredible USD 6 million.
Whether you're a digital artist, trader, or simply interested in the 'buzz,' this article will explain to you about NFTs, their pros & cons, and how to buy NFTs.
So without wasting much time, Let’s get started!
What Are NFTs
NFT stands for "Non-Fungible Token," and it serves two purposes: The term "non-fungible" refers to the fact that it is the sole uncopiable version of the asset. Consider each NFT asset to have its own digital footprint, with the uniqueness of each project having its own value. Following that, we'll look at the "token" side, which refers to the NFT asset's proof of ownership.
When you purchase an...
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