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Tolu Wade Senior Software Engineer | Cybersecurity Expert @ FiatMatch Inc
Toronto, Canada
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In Blockchain and Cryptocurrency • 1 min read • Jun 23, 2022 21:42p.m.
What is the Hype about NFT? (F)
What does it mean to mint an NFT? Minting NFT refers to turning a digital file into a crypto collectible or digital asset on the blockchain. The digital item or file is stored in this decentralized and distributed database forever. It is impossible to edit, modify, or delete the NFT. How long does it take to mint an NFT? NFT platforms, marketplaces, and tools have made minting NFTs easy, so it depends on you, and it can be as fast as you want. What happens after you sell your NFT?💵 When you sell your NFT, you transfer ownership of rights, which is that piece of data, to the address that purchased your NFT. What does it mean to list NFTs? Just the way in a superstore, items are arranged with price and specific quantity per item type, e.g., having 100 pieces of apples sold at $3 each. That’s what NFT listing is. You tell the world that you have a specific asset up for sale. Here are a couple of marketplaces to list your NFTs: ✅ Opensea ✅ Solana ✅ Rarible ✅ Nifty Gateway
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