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What is an NFT anyway?

NFTAn NFT is a digital asset that is unique and cannot be replicated. Each NFT (non-fungible token) has its own address on the blockchain that cannot be changed or forged. This process provides proof of ownership among the community and invalidates concerns that someone might take a screenshot of the art to try to claim ownership.

NFTs allow individuals to own digital assets, such as art, music and virtual real estate. These assets also have the ability to promote different artists or musicians, as some creators can earn royalties on future purchases.

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What are the benefits of owning an NFT?

Owning an NFT provides several benefits, including:

  • Unique ownership: NFTs use blockchain technology to create a unique digital asset that can’t be replicated or duplicated, giving the owner a sense of exclusivity and rarity.
  • Verifiable authenticity: NFTs provide a secure and transparent way of verifying the authenticity of digital art, collectibles, or other valuable assets.
  • Increased value: NFTs have the potential to increase in value over time, providing a valuable investment opportunity.
  • Decentralization: NFTs are stored on a decentralized blockchain, making them resistant to censorship, fraud, and other malicious activities.
  • Interoperability: NFTs can be easily traded, bought, and sold on various marketplaces, providing a seamless and accessible way of participating in the digital asset ecosystem.

Overall, owning an NFT can provide a new way of thinking about the ownership, value, and trade of digital assets.

How to get Free NFT?

Click here to see all the ways you can easily get NFTs for free or to mint your own.

NFT Airdrops

An NFT airdrop is similar to a crypto-airdrop and is a marketing strategy used by blockchain projects to attract more users and generate awareness. Startups are using both crypto airdrops and NFT airdrops to create buzz. It also raises awareness about their non-fungible token (NFT) collection or cryptocurrency. Airdrops can also increase the price of a token if there is a lot of publicity.

Free NFT Mints

AltcoinsTo grow quickly and generate interest, some projects offer free NFT minting. Handing out free mints entails no cost except the gas-fee to put the piece on the blockchain. Keep in mind that some blockchains can cost more than others; free mints on Ethereum, for example, can exceed $10 or more because of rising gas-fees.

Create your own unique NFT

Some decentralized applications (DApps) allow you to create your own NFT by putting it on a blockchain. It is important to remember that while anyone can create an NFT, it does not necessarily provide value.

The value of owning an NFT is entirely subjective, although some benefits are proof of ownership and community benefits. Buying these assets on the blockchain gives you a verified ledger of all transaction history, making ownership and overall history completely transparent.

Play-to-Earn NFT Games

AltcoinsPlay-and-earn video games reward users with crypto for completing tasks or defeating opponents in the game. These decentralized games are usually an upfront investment, as it requires the purchase of NFTs to play the game. Although the initial cost can be high for some games, the opportunity to earn free NFTs or crypto can make it a worthwhile venture. Some of the top NFT-games are Axie Infinity and The Sandbox. Another way is to install games at WomPlay.com, the #1 crypto gaming platform.

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