Beginner's Guide to NFTs: What Are Non-Fungible Tokens?
Before NFTs, it was extremely hard to verify the authenticity of digital media, as anyone would be able to copy and paste the file. •MetaMask is an Ethereum wallet available via chrome extension and mobile app. For maximum security, link your MetaMask to a Ledger hardware wallet to mitigate the risk of hacks. Simply put, minting an NFT means you are turning a digital file into a digital asset or crypto collectible on the blockchain. When your unique token is published on the blockchain, you'll be able to sell it. You'll need to pay a small amount of cryptocurrency to mint an NFT. The content creator's public key serves as a certificate of authenticity for that particular digital artefact.The creators public key is essentially a permanent part of the token's history. The future of NFTs lies in business applications -- as the true power of NFTs is providing authentication and facilitating the transfer of ownership. Thus, you can tokenize a bottle of wine, a Gucci bag