Non Fungible Token (NFT): Delve Into the World of NFTs Crypto Collectibles and How It Might Change Everything?: The Exciting World of Web 3.0: The Future of Internet, #2

By Vicky V. Choudhary

What is this craze of NFTs? Why is the world going insanely crazy about it? How to comfort ourselves to enter this world of Crypto Collectibles?

Well, if these questions sound you interesting, consider the path to explore what it really is?

Non-fungible Tokens (NFTs) have shaken the crypto world. Recently, we all might have heard the term 'Non-Fungible Tokens' or the 'NFTs'.

May it be from news or games, or may it be from celebrities and artists, we all hear these terms quite frequently. Well, as a newbie, we did become curious and asked ourselves the above stated questions which are obvious. Well, no need to worry!! This book is all about answering your queries in the best comfortable way.

Introducing To You

Non-Fungible Token (NFT): Delve Into The World of NFTs Crypto Collectibles And How It Might Change Everything.

Written on the basis of work done by several researchers and opinions of various economist and cryptocurrency experts, this book explores this exciting new field of NFTs.

This book shares insights on why we should all be excited for these new types of digital assets. This book helps you understand the world of NFT crypto collectibles.

What can you learn from the book?

• What is exactly Non-Fungible Token (NFT)?

• Understanding Tokens

• Difference between Fungible and Non-Fungible Tokens

• Importance of NFTs

• Background of NFTs

• Technical Details of the NFT Ecosystem

• Protocols & Token Standards

• Security in NFTs

• Applications of NFTs

• Challenges in the NFT System

• Marketplaces of NFTs

• Wallets Used in NFTs Transactions

• Creating, Buying and Selling NFTs

• Future of the NFTs

• Language: English
• Publisher: Vicky V. Choudhary
• Release date: Feb 2, 2022
• ISBN: 9798201704148

Vicky V. Choudhary

Mr. Vicky V. Choudhary is a Professional Public Speaker, an author and a poet. He is a former member of the Literature Committee at Dr. BA University, India. He is a mechanical engineer by profession. Having a technical background, he is a passionate technical writer and is a former member of Computer Aided Design Department at National Institute of Technology Allahabad, India. Currently, he works as a technical research writer with his various affiliation with various global organizations. Self-development and Public relationship is the main focus of his writing. Apart from this, he likes to explore technical topics, too. May it be psychological or technical topics, he has expertise in writing both domains. Thus researches the various interesting topics of public interests and represent these findings in a much exploring way to his readers.

Book preview

Non-Fungible Token (NFT)

Delve Into the World of NFTs Crypto Collectibles and How It Might Change Everything?

Copyright and Disclaimer

Copyright 2020 by Vicky V. Choudhary- All rights reserved.

Without the author's permission, no portion of this work may be duplicated or reproduced in any electronic or other medium, including information storage.

The Author and Publisher make no warranty or representation of the content's assurance for your success. You are your own predetermination producer. The Author and Publisher bear no responsibility for conflicting interpretations of the content in this. There are no guarantees of payment given in practical guide books, as there are in various scenarios as per each individual's circumstances in actual life. Readers are cautioned to behave in accordance with their own judgement regarding their particular circumstances. This book isn't intended to be a source of legal, business, accounting, or financial advice. All readers are advised to seek out services from qualified specialists in the disciplines of law, business, bookkeeping, and accounting. We are not responsible for the actions taken by the reader from the knowledge gained from this book. The readers are responsible for their decisions in investment or any other acts for that matter. We suggest you to consult experts before making any decision.

Foreword

Non-fungible Tokens (NFTs) have shaken the crypto world. Recently, we all might have heard the term ‘Non-Fungible Tokens’ or the ‘NFTs’. May it be from news or games, or may it be from celebrities and artists, we all hear these terms quite frequently. Well, as a newbie, we did become curious and asked ourselves, What is this craze of NFTs? Why is the world going insanely crazy about it? Well, no need to worry? This book is all about answering your queries in the best comfortable way. NFTs are paving the way for future innovation with their unique properties. This book helps you understand the world of NFT crypto collectibles. It explains the NFT Ecosystem as well. It further explains how to buy, sell, and trade them. The book further discusses various aspects associated with the NFT Ecosystem.

Enjoy your reading.

Have a good time ahead.

Chapter 1

Introduction to NFTs

The non-fungible token has attracted a lot of attention as one of the most interesting and revolutionary blockchain innovations available to developers and enterprises. Non-fungible tokens (NFTs) are revolutionizing the way we own digital assets.

With the advancement of technology and the global pandemic, the digital world has undergone tremendous transformation. Digital investments and digital currencies are two examples of such transformations brought about by the new digital environment. Cryptocurrencies have grown into a large sector, resulting in an increase in the number of investors eager to participate in these digital assets and crypto-currencies across the country. The digital revolution has resulted in an open presentation of all information on the internet. People who are completely unaware of the ownership and authorship of the works shown online have had a negative impact on the production and creativity of original artists on the digital platform. Artists and creators are left with only a fraction of the value of their