NFT stands for Non-Fungible Token, These Tokens are individually unqiue and non-interchangeble units of data, which means there can be one and one only. Nfts can come in the form of photos, videos, audio, and digital art work. NFts are stored on a digital legder called the blockchain and can be brought and sold on the with crpytocurrencies like Ethereum or Bitcoin. The Cool thing about NFTs is that they are investments because their worth increaces due to the sales and how THE people value it.
An example of a very susscesful NFT is Long Neckie Ladies created by the digital artist, Nyla Hayes. Nyla has sold over 3,400 NFTs and she has generated over 970 ETH which is worth over 4,500,000 in USD as of November 14, 2021. Long Neckie Ladies are known for their elongated necks which is inspired by Nyla favorite dinosaur, the brontosaurus.
In order to buy and trade NTFs you will need to create a crpyto wallet so can sell and buy crpytocurrencies. Crpyto wallets provide a secure space for your crpyto. These wallets are similar to a bank and keeps your money in your account. Wallets are resistant to viruses and are advance and organize. Starting a crypto wallet will help you prepare for the future because that is where the world is headed.