1. What is a non fungible token?
A non-fungible token (NFT) is a digital asset that represents ownership of something physical. In the case of NFTs, they represent ownership of real world assets like art, collectibles, real estate, etc.
2. How do I get started?
There are many ways to purchase your first NFT. You can use a credit card, PayPal account, bank transfer, cryptocurrency exchange, etc. There are even websites where you can pay using gift cards!
3. Where can I find NFT to buy or sell?
You can find NFTs listed on various exchanges including Opensea or Rarible
4. Do I have to register my NFT?
No, not at all. However, if you want to trade your NFTs, you will need to create an account on an exchange.
5. Can I sell my NFT?
Yes, you can always sell your NFTs on NFT marketplaces like opensea or rarible that allow you to list your NFTs for sale.
6. How much money can i make by selling NFT ?
NFT’s can be listed on NFT Marketplaces where other interested users will bid for your NFT. You can set a price or let the users bid based on floor price. You have full control over what price you can sell your NFT. Prices can be as low as 0.01 ETH to as high as 50 ETH