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Make your first NFT
You may have heard of Non-Fungible Tokens (NFTs), but transforming digital photos into NFTs on the blockchain may be the future of photography. Here’s how to get started
In their simplest form, Non-Fungible Tokens, or NFTs, are digital assets, such as photos, illustrations or even clips of music. NFTs have a limited edition quality, whether it’s one-of-akind or a batch of a select few. They work in a similar way to limited edition physical prints in so much as part of their value comes from their rarity.
Another aspect of their value comes from how they work – NFTs are stored on the blockchain (a system that records all transactions made in cryptocurrency), so there’s a digital record showing the provenance of any asset. This means they can be traced back to the original owner or creator.