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Top NFT Powerpoint Templates to Learn About The Emerging NFT World (Free Pdf Attached)

Sheikha Tickoo

Oliver Wendell Holmes's quote "Many ideas grow better when transplanted into another mind than the one where they sprang up", is the perfect one to encourage teamwork and learning. It means, if you are delivering the intended message effectively, success won't be far away. While delivering messages or imparting training, it is essential to have a super fantastic presentation to help your team grasp everything. This is where you need to agree that awesome PPTs are important.

From representing a new project to educate your team about emerging technologies like NFT, AI, etc., bespoke PPT templates are essential. In this blog post, we'll take a look at some of the trending and best NFT PowerPoint templates designed by SlideTeam. We'll also put some light on the benefits of using SlideTeam's editable templates. However, before that let's understand everything below about NFT. 

What is NFT?

NFT is an abbreviation used for Non-fungible Tokens and it exploded this year in 2022. NFTs can be anything, it could be your bathroom's toilet paper, your digital art that you are pro at, or tweets, and even a selfie. These things can fill your bank accounts with millions of dollars. People have earned millions of bucks by just selling pictures of apes. Scratching your head thinking about its hype? Don't worry, you will get the answer here.

NFT means buying an artwork as a digital asset and gaining complete authority over it. It means you can have internet collectibles that can not be forged and sold anytime. You can even exchange these with cryptocurrencies. Now, that you have got an idea of ​​​​NFT, let's hop and see the top NFT PowerPoint templates that can benefit you.

Template 1: NFT Powerpoint Presentation Slides

This NFT deck is a comprehensive and visually appealing resource that provides detailed information about non-fungible tokens (NFTs), blockchain technology, and the benefits of using NFTs in business. The deck includes professionally designed slides that can be customized to showcase various aspects of NFTs, such as their unique attributes, the NFT program, and how they can be utilized in a business context. As a presenter, you can leverage the deck to delve deeper into key topics like the Standards of Non-Fungible Tokens, the ERC-721 Standard, and the differences between fungible and non-fungible tokens. In addition to these technical details, the deck also features data-driven presentation slides that can help you effectively communicate the value of NFTs to your audience.

Whether you are a business owner, investor, or industry professional, this NFT PowerPoint presentation template can help you stand out from the crowd and showcase your expertise in this emerging field. To access the complete deck, simply download it from SlideTeam and start creating a powerful and engaging presentation today.

Download the complete NFT deck

This complete NFT deck consists of many slides and some of them are:

• Why choose us for NFT trading
• Table of Content
• Business benefits of NFT
• NFT Roadmap for business
• NFT transaction analysis and tracking
• ERC-721 NFT standard
• ERC-1155 NFT standard
• How do NFTs work?
• NFTs created or Minted and more

NFT Template 2: Non-Fungible Tokens How Do NFTS Work

If you are looking for a comprehensive and informative way to explain the working of NFTs, tokens, and blockchain to your team members, this PowerPoint slide is the perfect solution. This NFT powerpoint template is designed to simplify the complexities of coins and blockchain construction, making it easy for you to deliver a clear and concise presentation on the topic. With this NFT PowerPoint presentation template, you can effectively explain the basics of non-fungible tokens and how they work. The slide's theme and color scheme are carefully chosen to ensure that your team members are engaged and attentive throughout the presentation. You can download this presentation and use it to educate your team members or collaborators on the fundamentals of blockchain, tokens, and NFTs. So, don't hesitate to download this PPT and start educating your team today.

Download how do NFTs work presentation slide

NFT Template 3: Identifying The Nft Use Case

Do you want to represent some of the powerful NFT cases to your team members? If yes, this presentation template is for you because by using this you can make your team learn how to integrate NFTs in business and so on. The skilled team of SlideTeam has prepared a beautiful NFT PPT on use cases. The presentation slides contain NFT integration steps in business and use cases such as real estate gaming, fashion, academic credentials, and so on. Get ready to deliver a stunning presentation on the NFT use cases.

Download the NFT use case slide

NFT Template 4: Non-Fungible Tokens It Non-Ethereum Standards Of Nft

How will you teach others the concept of gas fees or non-Ethereum networks? You might use some documents to make them understand it, but you know what PowerPoint templates are the easiest way of imparting the right knowledge. Gas is the transaction fee required for NFT contracts on blockchain platforms. You can use the Non-Ethereum Standards Of Nft presentation template to level your presentation threshold. This PowerPoint presentation has the potential to educate people about the escalating gas prices and non-Ethereum networks. Moreover, it has all the graphics and shapes to entice your audience.

Grab the Non-Ethereum standards slide 

Template 5: Non-Fungible Tokens It About Us Nft Trading Platform

This is one of the best slides to represent your company's profile and what it does for businesses that trade NFTs. This template could be helpful to give your new joiners an overview of your company. You can easily showcase why your company is the best one for other companies around the world. The slides have some infographics icons, and the PPT is 100% editable, so easy for you to demonstrate everything. Presenters can incorporate additional graphics, images, or anything into the PowerPoint slide. There are some excellent features that users can edit like shapes, content, diagrams, and colors. etc The moment you grab this template by downloading, you gain complete ownership.

Download about us PPT slides

Template 6: Use of NFT PowerPoint templates in the Gaming Industry

Non-fungible tokens are revolutionizing the gaming industry. Players can have complete ownership of these unique digital assets. Non-fungible tokens have the potential to create more value in the gaming industry and for developers. To explain all these things or to make easily accessible notes on it, you can use this PowerPoint presentation that is on the usage of NFT in the gaming business. This PowerPoint template will help you strategically dispense information. You can personalize the content in the slides as it is 100% editable. Presenters can discuss everything in this NFT PowerPoint template using infographic icons, images, and high-quality graphics.

 Download uses of NFT in gaming presentation

Template 7: Why Choose Us For Nft Trading NFT PPT Template

Nowadays, NFTs have become as valuable as the tulip bulb became in the 17th century. As these have gained immense importance, everybody is investing in them. However, before jumping in, it is crucial to choose the best NFT trading platforms. Moreover, the best trading platforms are the most convenient and safest ones. NFT enthusiasts look for faster platforms that can provide them with low-latency transactions and comply with global regulations. If you have a trading platform, ensure it has all the above-mentioned things.

As you can see, SlideTeam's why choosing us for the NFT trading PowerPoint presentation can help you attract NFT enthusiasts. This PPT has four stages where you can effortlessly explain the strengths of your trading platform. From slow latency transactions to fewer transaction fees, to protect against attacks, and so on, you can educate and entice your target audience. So, are you ready to ace up your game? Download our NFT PPT templates today.

 Download NFT Trading PPT

Template 8: Standards For Non-Fungible Tokens NFT PowerPoint Templates

Non-fungible tokens are blockchain-based, and their primary trait is uniqueness. NFTs are associated with blockchain networks and are immutable. NFTs can function as digital wallets on a public distributed ledger (blockchain technology). One of the best parts is that users can easily trade, sell and purchase NFT through different distributed ledger technology. This NFT Powerpoint template portrays the idea of ​​standard NFT as unique digital assets. You can SlideTeam's NFT PPT slides to showcase the standards of NFT, how they work, trading and selling.

Grab standards for NFT PPT

Template 9: NFT Powerpoint Template on ERC 1155 NFT standards

ERC-1155 (Ethereum Request for Comments) is a multi-standard token and an upgraded version of ERC-721. But, do you know what is multi-token standard? Well, the answer is it manages multiple token types. Its distinguishing feature is that it represents multiple tokens at once. It can do the entire functions of ERC-721 and ERC-20 and is more efficient. It supports semi-fungible tokens and has a safe transfer functionality. SlideTeam has crafted an NFT PowerPoint presentation template on the same topic. You can use that high-quality and 100% editable PPT slides to showcase the information about ERC-1155.

Download ERC-1155 PPT

Template 10: Non-Fungible Tokens An Nft Created Or Minted PPT

Getting into the world of digital art is easy with NFTs. You just need a guide to mint the digital artwork. The first step is choosing the NFT format and its content so that the public finds the artist and digital art valuable enough. Other steps include opening a crypto wallet, finding a marketplace, and linking your account and wallet. Don't you think the above information seems scattered and this can be dispensed more effectively? The answer is yes, it can be presented in a more beautiful yet explanatory way. SlideTeam's NFT Powerpoint Template exactly does the same. You can present every step of NFT creation including digitization, storage, and signing using this PPT template. Go and download it.

Template 11: NFT Trading Powerpoint Presentation

The use of non-fungible tokens (NFTs) has become increasingly popular in recent years, as it allows for unique digital assets to be bought, sold, and traded securely. However, many individuals are unfamiliar with NFTs and their potential benefits. This is where an NFT presentation can be extremely helpful in educating and informing everyone about this innovative technology.

This particular presentation template includes fifty well-crafted slides, covering a range of topics related to NFTs. There is a table of contents, an about slide that provides an overview of NFT trading platforms, and slides that allow you to showcase your own company's services and advantages. The entire PPT can also serve as a comprehensive guide to NFTs, providing a clear understanding of the technology and its applications.

By now, you may have understood that you can give presentations and make others learn about NFTs using these Full-fledged editable PPTs. We have many templates related to NFT, and you can browse the website to grab the ones that are best for your purposes. For instance, if you want to represent the checklist for creating an NFT, we have a separate PPT template for it. If you are focused on showing the right information with outstanding visuals, and icons, explore our NFT Powerpoint slides today. Hopefully, this article has been of enormous help. Now, go and create a fantastic PowerPoint presentation using our NFT PPT templates. You can download our Free NFT Powerpoint Presentation Pdf

How do NFT Powerpoint templates help you understand roadmaps?

NFT (Non-Fungible Token) powerpoint templates can help you understand the roadmap by providing a visual representation of the key milestones and objectives of a project or business. These templates typically include various slides that outline the project's goals, timeline, budget, and key performance indicators (KPIs). They may also feature graphics, charts, and diagrams to help you better grasp complex concepts and data. You can find some of the best NFT roadmap templates on Slideteam's website.

How are paid NFT Templates better than NFT PPT templates that are free?

Paid NFT templates are often better than free NFT PowerPoint templates as they offer more advanced features and customization options. Paid templates may come with additional graphics, animations, and charts that can help you better visualize your roadmap and goals. Furthermore, paid NFT templates are usually designed by professional graphic designers who have expertise in creating visually appealing and effective templates.

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• Entertainment /
• NFTs, explained

I have questions about this emerging... um... art form? Platform?

By Mitchell Clark

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There’s nothing like an explosion of blockchain news to leave you thinking, “Um… what’s going on here?” That’s the feeling I’ve experienced while reading about Grimes getting millions of dollars for NFTs or about Nyan Cat being sold as one .

In the year since NFTs exploded in popularity, the situation has only gotten more complicated. Pictures of apes have sold for tens of millions of dollars , there’s been an endless supply of headlines about million-dollar hacks of NFT projects, and corporate cash grabs have only gotten worse.

All this news may have left you wondering: what is an NFT, anyhow?

After countless hours of research and discussions (most of which were against my will), I think I know. I also think I’m going to cry.

Okay, let’s start with the basics.

What is an NFT? What does NFT stand for?

Non-fungible token.

That doesn’t make it any clearer.

Right, sorry. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing.

A one-of-a-kind trading card, however, is non-fungible . If you traded it for a different card, you’d have something completely different. You gave up a Squirtle, and got a 1909 T206 Honus Wagner, which StadiumTalk calls “the Mona Lisa of baseball cards. ” (I’ll take their word for it.)

How do NFTs work?

At a very high level, most NFTs are part of the Ethereum blockchain, though other blockchains have implemented their own version of NFTs. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also keeps track of who’s holding and trading NFTs.

How do you pronounce NFT?

Almost everyone spells it out, saying “en eff tee.” The brave call them “nefts.” The enlightened have never had the word cross their lips.

What’s worth picking up at the NFT supermarket?

NFTs can really be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art. 

You mean, like, people buying my good tweets?

I don’t think anyone can stop you, but that’s not really what I meant. A lot of the conversation is about NFTs as an evolution of fine art collecting , only with digital art.

But yes, someone could buy your good tweets. The founder of Twitter sold one for just under $3 million shortly after we originally posted this article.

Could you do a real quick rundown of what the blockchain is ?

Well, they’re pretty complex, but the basic idea is that blockchains are a way to store data without having to trust any one company or entity to keep things secure and accurate. There are definitely nuances and exceptions there, which you can read about in our blockchain explainer , but when most people say “blockchain,” that’s the kind of tech they’re talking about.

There’s also... a lot of nuance about whether NFT’s are on the blockchain or not, which we’ll dig into in a bit.

Oooh, foreshadowing.

I know, I feel like a real writer.

So do people really think this will be the future of collecting?

I’m sure some people really hope so — like whoever paid almost $390,000 for a 50-second video by Grimes or the person who paid $6.6 million for a video by Beeple . Actually, one of Beeple’s pieces was auctioned at Christie’s , the famou—

Sorry, I was busy right-clicking on that Beeple video and downloading the same file the person paid millions of dollars for.

Wow, rude. But yeah, that’s the awkward bit . You can copy a digital file as many times as you want, including the art that’s included with an NFT.

But NFTs are designed to give you something that can’t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like with physical artwork). To put it in terms of physical art collecting: anyone can buy a Monet print. But only one person can own the original.

No shade to Beeple, but the video isn’t really a Monet.

What do you think of the $3,600 Gucci Ghost ? Also, you didn’t let me finish earlier. That image that Beeple was auctioning off at Christie’s ended up selling for $69 million , which, by the way, is $15 million more than Monet’s painting Nymphéas sold for in 2014.

Whoever got that Monet can actually appreciate it as a physical object. With digital art, a copy is literally as good as the original.

But the flex of owning an original Beeple...

I think I remember hearing that NFTs are already over . Didn’t the boom go bust ? Like for real this time ?

Sales have absolutely slumped since their peak, though like with seemingly everything in crypto there’s always somebody declaring it over and done with right before a big spike. Am I predicting that NFTs are about to make a comeback? Absolutely not, but I’m sure there are plenty of folks in NFT-based communities that are sure they’re still on the gravy train.

Oh no you’re about to talk about the apes aren’t you?

If you haven’t heard about the Bored Ape Yacht Club, it’s one of the most successful NFT projects, with apes (which are procedurally generated and have unique characteristics) selling for millions of dollars. The company behind the series of NFTs has created a spin-off cryptocurrency , broken the blockchain for a few hours with how popular one of their sales was, and even acquired other massive NFT brands . And a reminder: this all happened because people really like saying that they own a picture of a Bored Ape.

People like, for instance, Jimmy Fallon and Paris Hilton, who discussed their apes on TV in a clip that went viral for being soooo uncomfortable.

This kind of club isn’t really a new phenomenon — people have long built communities based on things they own , and now it’s happening with NFTs. It could be argued that one of the earliest NFT projects, CryptoPunks, got big thanks to its community .

• Bored Ape Yacht Club members want to build an empire, starting with weed

What’s the point of NFTs?

That really depends on whether you’re an artist or a buyer. 

I’m an artist.

First off: I’m proud of you. Way to go. You might be interested in NFTs because it gives you a way to sell work that there otherwise might not be much of a market for. If you come up with a really cool digital sticker idea, what are you going to do? Sell it on the iMessage App Store? No way.

Also, some NFT marketplaces have a feature where you can make sure you get paid a percentage every time your NFT is sold or changes hands . That makes sure that if your work gets super popular and balloons in value, you’ll see some of that benefit.

I’m a buyer.

One of the obvious benefits of buying art is it lets you financially support artists you like, and that’s true with NFTs (which are way trendier than, like, Telegram stickers). Buying an NFT also usually gets you some basic usage rights, like being able to post the image online or set it as your profile picture. Plus, of course, there are bragging rights that you own the art, with a blockchain entry to back it up.

No, I meant I’m a collector .

Ah, okay, yes. NFTs can work like any other speculative asset , where you buy it and hope that the value of it goes up one day, so you can sell it for a profit. I feel kind of dirty for talking about that, though.

So every NFT is unique?

In the boring, technical sense that every NFT is a unique token on the blockchain. But while it could be like a van Gogh, where there’s only one definitive actual version, it could also be like a trading card, where there’s 50 or hundreds of numbered copies of the same artwork.

Who would pay hundreds of thousands of dollars for what basically amounts to a trading card?

Well, that’s part of what makes NFTs so messy. Some people treat them like they’re the future of fine art collecting (read: as a playground for the mega-rich), and some people treat them like Pokémon cards (where they’re accessible to normal people but also a playground for the mega-rich). Speaking of Pokémon cards, Logan Paul sold some NFTs relating to a million-dollar box of the—

Please stop. I hate where this is going.

Yeah, he sold NFT video clips, which are just clips from a video you can watch on YouTube anytime you want, for up to $20,000 . He also sold NFTs of a Logan Paul Pokémon card.

Who paid $20,000 for a video clip of Logan Paul?!

A fool and their money are soon parted , I guess?

It would be hilarious if Logan Paul decided to sell 50 more NFTs of the exact same video.

Linkin Park’s Mike Shinoda (who also sold some NFTs that included a song) actually talked about that . It’s totally a thing someone could do if they were, in his words, “an opportunist crooked jerk.” I’m not saying that Logan Paul is that, just that you should be careful who you buy from.

Are NFTs mainstream now?

It depends on what you mean. If you’re asking if, say, my mom owns one, the answer is no.

But we have seen big brands and celebrities like Marvel and Wayne Gretzky launch their own NFTs, which seem to be aimed at more traditional collectors, rather than crypto-enthusiasts. While I don’t think I’d call NFTs “mainstream” in the way that smartphones are mainstream, or Star Wars is mainstream, they do seem to have, at least to some extent, shown some staying power even outside of the cryptosphere.

But what do The Youth think of them?

Ah yes, excellent question. We here at The Verge have an interest in what the next generation is doing , and it certainly does seem like some of them have been experimenting with NFTs. An 18 year-old who goes by the name FEWOCiOUS says that his NFT drops have netted over $17 million — though obviously most haven’t had the same success. The New York Times talked to a few teens in the NFC space, and some said they used NFTs as a way to get used to working on a project with a team, or to just earn some spending money.

Okay, but what does Keanu Reeves think of NFTs?

He doesn’t seem impressed .

That moment would make a great NFT.

Someone thought that too, and minted that clip as an NFT. It wasn’t us though! Rampant copyright infringement is an ongoing problem in the space. One of the post popular NFT trading sites estimated that over 80 percent of the artwork minted using its free tool were “plagiarized works, fake collections, and spam.” Which is, you know, not a great look? 

• The counterfeit NFT problem is only getting worse

Can I buy this article as an NFT?

No, but technically anything digital could be sold as an NFT (including articles from Quartz and The New York Times , provided you have anywhere from $1,800 to $560,000). deadmau5 has sold digital animated stickers. William Shatner has sold Shatner-themed trading cards (one of which was apparently an X-ray of his teeth).

Gross. Actually, could I buy someone’s teeth as an NFT?

There have been some attempts at connecting NFTs to real-world objects, often as a sort of verification method. Nike has patented a method to verify sneakers’ authenticity using an NFT system, which it calls CryptoKicks . But so far, I haven’t found any teeth, no. I’m scared to look.

Look? Where? 

There are several marketplaces that have popped up around NFTs, which allow people to buy and sell. These include OpenSea, Rarible, and Grimes’ choice, Nifty Gateway, but there are plenty of others.

I’ve heard there were kittens involved. Tell me about the kittens.

NFTs really became technically possible when the Ethereum blockchain added support for them as part of a new standard . Of course, one of the first uses was a game called CryptoKitties that allowed users to trade and sell virtual kittens. Thank you, internet.

I love kittens .

Not as much as the person who paid over $170,000 for one .

Arrrrrggggg!

Same. At one point I thought that the kittens would be used in games in a somewhat interesting ways. That glimmer of hope has been decimated by the fact that almost every salesperson in the NFT space promises that their tokens will be part of a game or metaverse.

When real game developers like Ubisoft and the studio behind STALKER have said they’d integrate NFTs into their games... people reacted VERY negatively. The companies have either had to scrap their plans entirely or severely tone down the amount of blockchain stuff in their games.

Of course, there have been a few fun experiments in the NFT space (though I’ll admit that at least one of them was poking fun at the concept of NFTs ), but... listen, one of the most successful NFT-based games is kind of a weird version of feudalism , and also got mega-hacked . So there’s that.

At least it’s not digital pet rocks... right?

In fact, there are people who spent tens or hundreds of thousands of dollars on NFT pet rocks (the website for which says that the rocks serve no purpose other than being tradable and limited).

Can I cry on your shoulder?

Only if I can cry on yours.

Could I pull off a museum heist to steal NFTs?

That depends. Part of the allure of blockchain is that it stores a record of each time a transaction takes place, making it harder to steal and flip than, say, a painting hanging in a museum.

Or at least that’s the theory. In reality, many, many people have gotten their NFTs stolen by attackers using a variety of tactics. To be clear, hackers aren’t always playing 5D chess here. For the ever complicated hack of the programs that control the flow of crypto , there’s a case where someone was tricked into signing a transaction they shouldn’t have through run-of-the-mill phishing.

• OpenSea’s official Discord compromised in a phishing attack that stole at least $18k worth of NFTs

Note: Please don’t steal.

Should I be worried about digital art being around in 500 years?

Probably. Bit rot is a real thing: image quality deteriorates, file formats can’t be opened anymore, websites go down, people forget the password to their wallets . But physical art in museums is also shockingly fragile . 

But wait, doesn’t the fact that they’re on the blockchain make them permanent?

Okay, so this is a whole thing. Technically, yes: when you say NFT you’re referring to an entry on the blockchain. However , the actual media, like the picture, GIF, or flagrant flaunting of copyright law is very rarely actually stored on the blockchain — it’d be too expensive to do that.

Sometimes the media the NFT points to is stored on a cloud service, which isn’t exactly decentralized. Since this has come up as an issue, with people worried that their NFT proving they watched the Lions lose could go poof if one company goes under or changes their URL scheme, many in the NFT space have been turning to decentralized storage solutions like the InterPlanetary File System that use torrent-like technology. It’s not bulletproof, but it’s better than having your million-dollar JPG stored on Google Photos.

Torrent-like? So people are pirating NFTs?

No... Well, kinda, but hold that thought. The idea behind IPFS is that files are stored on a peer-to-peer network, meaning they could be stored on several computers at once. Files are given an identifier, and when a computer goes to load the file it asks the IPFS network to give it the file with that ID. Any of the computers storing it can say, “Oh, here it is!”

When you make an NFT, the content link is baked into the token. If that link goes to IPFS, it’ll be pointing to something that’s more permanent than, say, an image on a regular server.

In theory, anyways. Of course, distributed does not equal perfect. Experts have warned that files could still end up on a single computer, and could be lost in the case of a hard drive crash.

• Your million-dollar NFT can break tomorrow if you’re not careful

Okay, so what’s that you said about pirating?

So someone created this site called The NFT Bay as a sort of art project, where they put up a torrent pointing to a 19TB ZIP file, which they said included every NFT on the Ethereum and Solana blockchains. There’s some doubt about whether was actually a treasure trove of NFTs (if such a thing could be referred to as “treasure”), but in theory it’s actually possible to scan the blockchain to find every record of an NFT being minted, and download the media it links to.

Real or not, it was an incredible piece of performance art, sparking a conversation (okay, closer to a flame war) about the right-clicker mindset.

Sorry, what on Earth is a right-clicker mindset?

Ah, sorry. “Right clicker” is sort of a joking derisive term used by NFT boosters to deride people who just don’t get it. The thought is that you’re completely missing the point if you think that just downloading (or pirating) a JPEG will actually get you the valuable part of an NFT. 

Has anyone ever had their feelings hurt when someone tells them they have a right click mindset? Probably not, but their eyes may get a little sore from rolling so hard. 

I want to maximize my blockchain use. Can I buy NFTs with cryptocurrencies?

Yes. Probably. A lot of the marketplaces accept Ethereum. But technically, anyone can sell an NFT, and they could ask for whatever currency they want.

Will trading my Logan Paul NFTs contribute to global warming and melt Greenland?

It’s definitely something to look out for. Since NFTs use the same blockchain technology as some energy-hungry cryptocurrencies, they also end up using a lot of electricity. There are people working on mitigating this issue , but so far, most NFTs are still tied to cryptocurrencies that generate a lot of greenhouse gas emissions. There have been a few cases where artists have decided to not sell NFTs or to cancel future drops after hearing about the effects they could have on climate change . Thankfully, one of my colleagues has really dug into it, so you can read this piece to get a fuller picture .

Can I build an underground art cave / bunker to store my NFTs?

Well, like cryptocurrencies, NFTs are stored in digital wallets (though it is worth noting that the wallet does specifically have to be NFT-compatible). You could always put the wallet on a computer in an underground bunker, though.

What if I wanted to watch a TV show that’s somehow related to NFTs?

Believe it or not, you have options! Steve Aoki is working on a show based on a character from a previous NFT drop , called Dominion X . The show’s site says that it’ll be an episodic series launched on the blockchain (the first short video is on OpenSea ), and there are hundreds of NFTs already associated with the show.

There’s also a show called Stoner Cats (yes, it’s about cats that get high, and yes it stars Mila Kunis, Chris Rock, and Jane Fonda), which uses NFTs as a sort of ticket system. Currently, there’s only one episode available, but a Stoner Cat NFT (which, of course, is called a TOKEn) is required to watch it.

Random question: what’s an NFT party like?

My colleague went to an event linked to NFT.NYC . It sounds like it was a... unique (or should I say non-fungible?) experience.

Are you tired of typing “NFT”?

This story was first published March 3rd, 2021. It has been updated to reflect new developments in NFTs.

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NFT Beginner’s Guide

Looking to start your NFT journey but don’t know where to start? We’ve put together an NFT beginner’s guide to help you on your adventure!

Blockchain and cryptocurrencies never cease to amaze, inspire, and sometimes even overwhelm the world with what they can do or offer. It all started with a peer-to-peer payment network, and today, the potential of crypto is felt across a variety of industries.

Among all this, the newest craze in the crypto world is a non-fungible token (NFT) . Famous artists like Beeple and renowned sports organizations like NBA and NFL are all surfing this new crypto wave.

If you too want to join the NFT tribe and learn more about this exciting tech, we have the most comprehensive list of resources to get you going. 

What are NFTs?

Crypto tokens like Bitcoin (BTC) and Ether (ETH) and fiat currencies like the dollar and euro are fungible tokens. You can have one ETH and exchange it for any other ETH, or you can exchange a 100 dollar bill with any other 100 dollar bill.

On the contrary, non-fungible tokens or NFTs are crypto tokens that represent information of unique or rare digital and real-world assets. This information stored in each NFT makes them non-interchangeable on a 1:1 basis. An NFT cannot even be divided into smaller parts like other crypto assets or fiat currencies.

In a nutshell, that’s what NFTs are — indivisible crypto assets representing information and value of rare or unique items. If you want to dive deeper into the concept of NFTs , you can watch our School of Block episode on NFTs or explore the resources we share below.

Propel your NFT prowess

The NFT space is growing rapidly and the only way you can learn about it and keep up with its growth is by being in the right place with the right people. Below, we have tried to list down the most credible sources, inspiring curators, and authentic projects, so you can stay on top of the game, forgive us if we forgot some!

To save yourself from information overload or misinformation, you must know credible web media platforms. They can help you learn and stay updated about the latest happenings in the NFT space.

1. Decrypt – NFT Revolution : Decrypt is a major crypto media publication that, for the love of NFTs, has created an exclusive section called NFT Revolution. From NFT news to tutorials, NFT Revolution has everything sorted in one place.

2. Larva Labs : Started by highly popular creative technologists behind the face of the Android brand, Larva Labs is an NFT project with a highly informative blog. It is the perfect place to stay updated on some of the most interesting NFT projects.

3. Artblocks : Artblocks is a platform for programmable on-demand NFTs. It has a curated list of NFT artists and projects that you can explore to get a first-hand experience of the NFT world.

If podcasts are your thing, it’s time you bless your ears with some of the best NFT podcasts. Let’s look at our favorite ones.

1. Nifty Show : Hosted by the New York Times best-selling author Joel Comm and marketing technologist Travis Wright, Nifty Show is a weekly NFT podcast. It has hosted many big shots in the NFT and blockchain gaming space to unravel the mysteries around NFTs.

2. The Defiant : Founded by a former Bloomberg news reporter Camila Russo, The DeFiant is a place for all things DeFi . Apart from its newsletter and NFT-focused YouTube playlist , you can also find The Defiant’s podcast episodes focused on NFTs.

3 . Modern Finance: As the name suggests, Modern Finance highlights the potential of new-age financial technology through brainstorming sessions with industry experts. With the rising popularity of NFTs, the podcast host Kevin Rose has also posted multiple new episodes focused on NFTs.

People with interesting thoughts

Crypto influencers make an interesting part of the crypto community and they can keep you both entertained and informed. Some of them are particularly popular for their vision and curation of NFTs, here are three that are worth your time:

1. Roham Gharegozlou : Roham Gharegozlou is hands down one of the most successful NFT entrepreneurs. Gharegozlou founded the NFT company DapperLabs and has been behind popular NFT games such as NBA TopShot and CryptoKitties. You want insights on NFTs, you need to follow Roham.

2. 6529 is the pseudonym of Twitter’s premier NFT philosopher: a Bitcoin OG whose reflections about the emerging NFT space – and what it means to society – have amassed a cult following among crypto fans and followers of pop culture alike. Check out 6529 Museum and education projects for a peak into the mogul’s mind space.

3. Zeneca is the poker player turned NFT dealer who built a multi-million dollar collection of NFTs from zero in 12 months. The investor and content creator uses their instinct for reading the room to provide insight on the evolving NFT space, as well as data and emerging trends, via his daily podcast.

3. Snowfro : Founder of Artblocks, Erick, a.k.a. Snowfro, is an NFT mastermind and a brilliant person to follow for NFT-related content.

Interesting Artists

Recently, NFT art and music have become extremely popular. So, you certainly should follow some of the artists out there who are spearheading the NFT revolution. Below are a few names whose work we insist you check out:

1. Beeple – you could say that Beeple, also known as American artist Mike Winkelmann, was one of the sparks that lit the NFT fire, making NFTs a conversation point not just for crypto fans, but also for regular people. He made global headlines in 2021 when his famous work “Everydays: the First 5000 Days” sold at a Christie’s auction for a staggering USD 69,000, the most expensive NFT ever and one of the most expensive artworks in history. The social commentator may not be the first NFT artist, but his artwork captures the zeitgeist of the NFT explosion.

2. Fewocious : Fewocious is an 18-year-old digital artist who has sold multiple digital art pieces as NFTs. You can follow this artist and see how a young mind is redefining art.

3. 3lau: The popular electronic music artist Justin Blau recently released NFTs of one of his most popular albums and sold them for over 11.6 million dollars. You can check out his latest NFT work on his NFT page .

4. Pak is an entity so enigmatic that we don’t actually know if they’re an artist or a team of creators operating an AI, but for simplicity you might compare them to a digital Banksy for the NFT generation. Pak’s M.O. is using experimental NFT art, and more recently NFT based projects such as the mysterious Lost Poets , to redefine participants perceptions of value, their reality and themselves. A key agenda setter in the space who is worth keeping an eye on.

5. Mad Dog Jones : Michah Dowbak aka Mad Dog Jones is an Ontario-based NFT artist , with a unique style, who recently sold an art piece for a whopping 4.1 million dollars.

Interesting Projects

1. RTFKT : After crafting designs for several gaming and fashion companies for years, RTFKT became an NFT project in 2020. They are spearheading the digital fashion revolution with viral sneaker designs and other digital collectibles.

2. Bored Ape Yacht Club : If apes are your thing, this one’s for you. Bored Ape Yacht Club is a project that has created an art collection of 10,000 unique bored apes on the Ethereum blockchain. You can buy these apes to unlock members-only features.

3. Meebits : Created by Larva Labs, Meebits are a CryptoPunk-like collection of 20,000 unique 3D characters. Once you buy a Meebit character, you get access to the full 3D model and use it to animate your Meebit.

Your NFTs beginner’s guide, your freedom

The rise in popularity of NFT art is only the beginning of how these assets can fully redefine exclusivity and ownership across industries in a world headed toward digitalization. NFTs will most surely participate in redefining the concept of digital ownership, jump on board, the time is now!

Knowledge is power

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Discover NFTs: Your Ultimate Guide to Non-Fungible Tokens

Lesson 17 of 33 By Ravikiran A S

Table of Contents

Imagine buying a piece of digital artwork on the Internet at a reasonable price and getting a unique digital token known which proves your authority over the artwork you bought. Wouldn't it be great? Well, that opportunity exists now, thanks to NFTs.

NFTs are currently taking the digital art and collectables world by storm. Just as everyone worldwide believed Bitcoin was the digital answer to currency, NFTs are now pitched as the digital answer to collectibles. Asa result, digital artists are seeing their lives changing thanks to the massive sales to a new crypto audience. 

If you are interested in NFTs and want to explore more about what they are, you have come to the right place. Let’s dive in and see what all the fuss is about!

Basics to Advanced - Learn It All!

What is NFT?

NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies . In simple terms these cryptographic assets are based on blockchain technology . They cannot be exchanged or traded equivalently like other cryptographic assets.

Like Bitcoin or Ethereum. The term NFT clearly represents it can neither be replaced nor interchanged because it has unique properties. Physical currency and cryptocurrency are fungible, which means that they can be traded or exchanged for one another.

Immerse yourself in the revolutionary world of NFTs while building a robust foundation in cybersecurity through our dedicated cyber security bootcamp . Discover the intricacies of non-fungible tokens and their impact on digital ownership, all while honing your skills in protecting these valuable assets from cyber threats. With hands-on training in encryption, blockchain security, and risk mitigation, you'll be well-prepared to navigate the evolving landscape of NFTs with confidence. Join us to bridge the gap between cutting-edge technology and cybersecurity expertise in a single transformative program.

• NFT stands for a non-fungible token, which means it can neither be replaced nor interchanged because it has unique properties.

Key Features of NFT -  

• Digital Asset - NFT is a digital asset that represents Internet collectibles like art, music, and games with an authentic certificate created by blockchain technology that underlies Cryptocurrency. 
• Unique - It cannot be forged or otherwise manipulated. 
• Exchange - NFT exchanges take place with cryptocurrencies such as Bitcoin on specialist sites.

Cryptopunks is a notable example of an NFT. It enables you to buy, sell and store 10,000 collectibles with proof-of-ownership.

History of Non-Fungible Tokens (NFTs)

As sometimes happens with innovative technology, NFTs did not just come out of the blue and become popular overnight. It leads to the question of when the first NFT came into existence. 

According to some, Colored Coins, which was initiated in 2012, has the honor of being the first NFT. In the words of investor Andrew Steinworld, he said that one might argue that the Colored Coins were the NFT that first came into existence. Colored Coins exhibited a major leap in the capabilities of Bitcoin, however, they had a downside too. They could represent only some values if their worth is agreed upon by everyone. The scripting language of Bitcoin did not enable this type of behavior within the network it is in. 

Some argue that “Quantum” NFT by Kevin McCoy minted on the Namecoin Blockchain on 2nd May 2014 is the first rightful owner of an NFT title. A project called “CryptoKitties” by Dapper Labs on Ethereum was the implementation of NFTs widely recognized as the first of its kind. When the 2017 crypto boom happened, those digital cats were priced at 600 Eth (or USD 172k) and mainstream attention was drawn globally. Since then, ample NFT projects have come up with a huge amount of success.

What is Blockchain?

Blockchain refers to a method of documenting data that ensures its security and integrity. This makes it impossible or difficult to modify, cheat or hack the system. A blockchain is essentially a digital documentation of transactions that is disseminated and replicated across a network or computer systems that uses blockchain technology

Blockchain and Fungibility

These are two concepts that can be related closely but also can pose some difficulties when combined. Fungibility pertains to a commodity or asset’s ability to be exchanged easily for another similar unit without any difference in quality or value. Blockchain technology, however, creates a transparent and immutable record of transactions and ownership.

For instance, if a certain cryptocurrency is involved in an unlawful activity, it may be told to be non-fungible or tainted, which means that it cannot be used interchangeably with other units of the same cryptocurrency. This leads to a loss of liquidity or value for the asset that is affected. However, a lot of solutions are currently being developed, like mixing privacy or services-focused cryptocurrency, to address this problem and to ensure fungibility while preserving the security and fungibility of blockchain technology.

How Does NFT Work?

Now that you've taken your initial steps in understanding what an NFT is, you should continue on and learn about how an NFT works.

• The majority of NFTs reside on the Ethereum cryptocurrency's blockchain, a distributed public ledger that records transactions.
• NFTs are individual tokens with valuable information stored in them.
• Because they hold a value primarily set by the market and demand, they can be bought and sold just like other physical types of art.
• NFTs' unique data makes it easy to verify and validate their ownership and the transfer of tokens between owners.

Examples of NFT

The NFT world is relatively new to people. Here are some examples of NFTs that exist today:

• A Digital Collectible
• Domain Names
• Sneakers in fashion line

What is NFT Used For?

People interested in Crypto-trading and people who like to collect artwork often use NFTs. Other than that, it has some other uses too like:

• Digital Content - The most significant use of NFTs today is in digital content. Content creators see their profits enhanced by NFTs, as they power a creator economy where creators have the ownership of their content over to the platforms they use to publicize it.

• Gaming Items - NFTs have garnered considerable interest from game developers. NFTs can provide a lot of benefits to the players. Normally, in an online game, you can buy items for your character, but that’s as far as it goes. With NFTs, you can recoup your money by selling the items once you’re finished with them.

• Investment and Collaterals - Both NFT and DeFi (Decentralized Finance) share the same infrastructure. DeFi applications let you borrow money by using collateral. NFT and DeFi both work together to explore using NFTs as collateral instead.

• Domain Names - NFTs provide your domain with an easier-to-remember name. This works like a website domain name, making its IP address more memorable and valuable, usually based on length and relevance.

Even celebrities like Snoop Dogg, Shawn Mendes, and Jack Dorsey are taking an interest in the NFT by releasing unique memories and artwork and selling them as securitized NFTs.

NBA Top Shot Is a Hot NFT Use Case

One of the most popular non-fungible tokens in recent days is  NBA Top Shot , a partnership between Dapper Labs (makers of the CryptoKitties game) and the National Basketball Association (NBA). The NBA licenses individual highlight video reels, among other content, to Dapper Labs, and they digitize the footage and make it available for sale to consumers. Each reel shows a video clip, such as a famous player's basketball dunk, some featuring different angles and digital artwork to make them unique. Even if someone made a perfect copy of the video, it can be instantly recognizable as a counterfeit. The venture has already generated $230 million in sales, and the company just also received  $305 million in funding  from a group that includes Michael Jordan and Kevin Durant.

These video reels are selling at high prices.  Among the most popular:

• LeBron James “Cosmic” Dunk: $208,000
• Zion Williamson “Holo MMXX” Block: $100,000
• LeBron James “From the Top” Block: $100,000
• LeBron James “Throwdowns” Dunk: $100,000
• LeBron James “Holo MMXX” Dunk: $99,999
• Steph Curry “Deck the Hoops” Handles: $85,000
• Giannis Antetokounmpo “Holo MMXX” Dunk: $85,000
• LeBron James “From the Top” Dunk: $80,000

These unique NBA moments are minted and released into the marketplace  via “pack drops.”  The most common sell for only nine dollars, but more exclusive packs can sell for much more. 

Now that you’ve understood what is NFT used for, and the various ways you can benefit from it, let’s take a look at how it is specifically different from other forms on cryptocurrency.

NFTs vs. Crypto and Fiat currencies. What's the Difference?

NFTs or Non-Fungible Tokens are a kind of cryptocurrency that represents a one-of-a-kind digital asset or unique piece of artwork. Fiat and cryptocurrencies are mainly used for transactional purposes and are fungible, which means each unit can be interchanged. Being created on blockchain technology, NFTs allow the transfer of ownership and transparent ownership. They allow artists to monetize their creations made digitally and thus have gained huge popularity. Crypto and fiat currencies, on the other hand, are used mainly as a store of value or medium of exchange. While there are certain similarities, the unique features of NFTs make them different from traditional currencies. 

What is an NFT Marketplace?

It is a marketplace that is a public Blockchain platform. Though it is in its early stages, this marketplace is gaining popularity and inspiring businesses and developers to construct a marketplace. 

Benefits of Non-Fungible Tokens

There are several advantages of NFTs, some of these include: 

• NFTs can be invested in by anyone as it is accessible to all and sundry. An NFT  can be more efficiently and easily transferred among people around the globe. 
• A blockchain secures NFT ownership. The digital signature of ownership can make the ownership of an investor quite secure. The ownership also gets transparent due to the blockchain technology. 
• NFTs provide the scope for learning more about blockchain technology. The investors can do so while making their portfolios diverse and allocating a small amount of tokenized assets. 

Why Are NFTs Becoming Popular?

NFTs have actually been around since 2015, but they are now experiencing a boost in popularity thanks to several factors. First, and perhaps most obviously, is the normalization and excitement of cryptocurrencies and the underlying blockchain frameworks. Beyond the technology itself is the combination of fandom, the economics of royalties, and the laws of scarcity. Consumers all want to get in on the opportunity to own unique digital content and potentially hold them as a type of investment. 

When someone buys a non-fungible token, they gain ownership of the content, but it can still make its way over the Internet. In this way, an NFT can gain popularity — the more it’s seen online, the more value it develops. When the asset is sold, the original creator gets a 10 percent cut, with the platform getting a small percentage and the current owner getting the rest of that revenue. Thus, there is potential for ongoing revenue from popular digital assets as they are bought and sold over time.   

Authenticity is the name of the game with NFTs. Digital collectibles contain distinguishing information that make them distinct from any other NFT and easily verifiable, thanks to the blockchain. Creating and circulating fake collectibles doesn’t work because each item can be traced back to the original creator or issuer. And, unlike cryptocurrencies, they can’t be directly exchanged with one another (like baseball cards in real life) because no two are the same. 

Are NFTs Mainstream Now?

So, with all the fuss made over NFTs, is it accurate to say that they’re now mainstream? This article makes a strong case for believing that NFTs are now baked into the public consciousness. It doesn’t hurt that a number of high-profile celebrities have ventured into NFT waters.

While perhaps it may be premature to say “Yes, NFTs are definitely mainstream now,” if they continue on this trajectory, 2022 could be the year where we know that NFTs are here to stay.

What’s Worth Picking Up at the NFT Supermarket? 

One can consider a variety of unique digital assets based on personal preferences and interests at the NFT supermarket. Digital art is a popular category that includes unique pieces made by upcoming and well-known creators. Collectibles can be picked up too. These range from one-of-a-kind in-game items to virtual trading cards. Recent times have also seen sports-related NFTs like game highlights or limited edition player cards gain popularity. One can also explore virtual gaming and real estate assets that allow the buyers to trade and own game items or digital land. It is of utmost importance to conduct research on the value and authenticity of an NFT before purchasing it. This is due to the fact that the market is still evolving and is subject to volatility. 

Properties of NFT

• NFTs cannot be divided into smaller parts while retaining their inherent qualities. This distinguishes them from fungible tokens like a pound note, which can be subdivided into pence. 
• When an entity mints NFT, it can sell to a new entity that can become the owner of that NFT. But, depending on a specific set of circumstances, smart contract rules may be utilized to restrict or stop further token transfers.
• Though an NFT has specific properties when it is created, those properties can be updated over time through smart contracts when certain conditions are met; this is akin to a ‘pass the parcel’ game where a parcel loses a layer of wrapping every time the music pauses. 

Applications of NFT 

NFTs applications can be found in several industries, such as gaming, art, sports and music.  The creators of the art world are enabled to monetize their art created digitally and provide a unique record of ownership for collectors that is verifiable. In the same way, NFTs can be used to trade and create virtual assets in the gaming industry, including virtual real estate and in-game items. NFTs can be beneficial to the music industry by creating one-of-a-kind digital collectibles, while in sports, they can offer fan experiences and limited-edition memorabilia. Besides these, NFTs can also be used to verify and authenticate the ownership of physical assets like real estate and luxury goods.

How is an NFT Different From Other Cryptocurrencies?

Although NFTs are created using the same kind of programming language as other cryptocurrencies, that's where the similarity ends.

Also Read: Bitcoin vs Ethereum: Which One is Better?

Ethereum and NFTs

Ethereum blockchain makes it possible for NFTs to work for several reasons:

• Trading NFTs, without needing peer-to-peer platforms, can take significant cuts as compensation.
• All Ethereum products share the same "backend", making NFTs portable to buy on one product and sell it on another effortlessly.
• Once a transaction is confirmed, it's impossible to manipulate the data to forge the ownership.
• Ethereum never goes down, which means your tokens will always be available to sell.

Penguin Communities

Pudgy Penguin is a popular non-fungible token community, a cryptocurrency subcategory representing ownership in a unique asset: 8,888 penguins on the Ethereum blockchain, organized into one collection. Pudgy Penguin is just one of many communities out there that offer benefits and other advantages to members, such as having a membership on a shared Discord server or gaining access to a private Telegram channel that lets you talk with other owners.

Many NFT projects have their own communities, where members can collaborate, share ideas, and support or buy each other’s projects or art.

How to Buy NFTs?

Having understood what NFTs are used for and its specific advantages over other cryptocurrencies, you might want to venture into buying NFTs. If so, you will need to acquire some essential items before you do it:

• You’ll need a digital wallet that allows you to store your NFTs and cryptocurrencies.
• Then you need to purchase some cryptocurrency depending on what currencies your NFT provider accepts, most likely Ether. You can use platforms like OpenSea, Coinbase, Kraken, PayPal, etc., to buy cryptocurrencies.
• Once you’ve made your cryptocurrency purchase, you can move it from the exchange to your wallet.

Bear in mind, that many exchanges charge a small percentage of your crypto purchase transaction as fees.

Popular NFT Marketplaces

Once you’ve got your wallet ready, all you need to do is to buy NFT. Currently, the largest NFT marketplaces are:

• Rarible - Rarible is a democratic marketplace that allows artists and creators to issue and sell NFTs. It enables holders to weigh in on features like fees and community rules.

• OpenSea - To get started, all you need to do is create an account on the official website of OpenSea and browse NFT collections and discover new artists. This platform is famously known as a vast collection of rare digital items and collectibles.

• Foundation - On this platform, artists need to receive from or send an invitation from fellow creators to post their art. This community’s exclusivity boasts higher-caliber artwork, assuming the demand for NFTs remains at current levels or even increases over time.

NFT Use Cases

Popular NFT use cases include 

• Event ticketing
• Supply chain
• Art and collectibles
• Web3 identification
• Virtual real estate
• Food and drink
• Decentralized finance loans

With the growing popularity of NFTs the potential for fraud and scams is also growing. 

Scammers use various methods to cheat buyers. These include using false information to sell NFTs, making fake NFTs and conducting auctions without any intention of delivering the NFTs. These scams can make buyers lose a lot of money. 

Creating fake NFTs or “mimic NFTs” is one of the most common scams. In this, a digital file similar to NFT is created, but it has no ownership or value and is then sold for a large amount of money. 

Scammers also use false information, such as fake reviews or celebrity endorsements to create a false sense of value and authenticity. 

Another scam involves scammers conducting auctions without delivering the NFTs. 

To safeguard themselves, buyers should research the authenticity of the NFT and the seller and buy only from reputed sellers and marketplaces. 

How are NFTs Reinventing the Digital World?

NFTs are transforming the digital world by providing a way to verify ownership and authenticate digital assets by forging new pathways for investors, creators and collectors. NFTs are unique digital assets that can represent anything from music to digital art to in-game items and virtual real estate. 

One of the most important advantages of the NFTs is that the digital creators get to monetize their work which was difficult to do before. NFTs provide a way of creating verifiable ownership and scarcity, making digital art and other digital assets more collectible and valuable. 

Moreover, NFTs can potentially transform the gaming market by making a new market for virtual assets. Players can now sell, trade and buy virtual items with ownership that is verifiable. This enables new economic systems within games and new forms of gameplay. 

Furthermore, NFTs can create new opportunities in the music industry by enabling artists to monetize their work apart from traditional channels. NFTs can represent concert tickets, unique digital collectibles and even ownership rights of songs. 

NFTs are transforming the digital world by offering new methods of monetizing and authenticating digital assets. They can create new markets and opportunities across multiple industries by making them fast-evolving technology.

How Does the Future of NFT Look Like?

NFT has enhanced media exposure and special perks for aspiring artists on social media. Recently, Jack Dorsey, the CEO and co-founder of Twitter, with his very first and famous tweet, "just setting up my twttr," and Vignesh Sundaresan, famously known as "Metakovan," bought 69.3 million dollars worth of NFT art on Beeple. 

Owing to its increasing popularity, people are now willing to pay hundreds of thousands of dollars for NFTs.  

Like David Gerard, author of Attack of the 50-foot Blockchain, many experts in the crypto industry say that around 40% of new crypto users will use NFTs as their entry point. As a result of its growing popularity, NFT could represent a more significant part of the digital economy in the future.

1. What are some examples of non-fungible tokens?

NFTs can represent any asset digitally. It can be online-only assets such as digital artwork or real assets like real estate. Some examples are in-game avatars, digital/ non-digital collectibles, tickets, domain names, and more. 

2. How can I buy NFTs?

Most non-fungible tokens can be purchased with Ether only. So, owning and storing them in a digital wallet is the primary step. You can buy NFTs via an online NFT marketplace such as OpenSea, SuperRare, and Rarible. 

3. Are NFTs safe?

NFTs that use blockchain technology like cryptocurrency are generally secure. Their distributed nature makes NFTs nearly impossible to hack. The only security risk is that you could lose access to your NFTs if the hosting platform goes out of business.

4. What does non-fungible mean?

Fungibility is a term from economics describing the interchangeability of products/ goods. For instance, an item such as a dollar bill is fungible when it is interchangeable with any other dollar bill. Contrastingly, non-fungible means the item is unique or distinguishable. For example, if you take a dollar bill and have it signed by a famous artist, it will become unique.  

5. What are NFTs, exactly? 

NFTs or non-fungible tokens are digital assets based on blockchain technology. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. 

6. What are NFTs used for?

NFTs are digital files. They can be a jpeg of a piece of art, real estate, or a video. Turning files into NFTs helps secure them via blockchain to make buying, selling and trading efficient, reducing fraud considerably. 

7. How do NFTs and crypto connect?

Like cryptocurrencies, non-fungible tokens also exist on a blockchain. It confirms the ownership and unique identity of the digital asset. A technology similar to Bitcoin and Ethereum is used to build NFTs. In fact, Ethereum is the widely accepted crypto in the NFT market. 

8. Why do people buy NFTs?

NFTs are considered a safe investment option. These tokenized assets are accessible to everyone. They empower you with basic usage rights. Moreover, most buyers invest in them because they believe the assets will hold value in the future. 

9. What are the best ways to make money from NFTs?

Some of the best ways to maximize the return from NFTs include Renting, Earning royalties, Trading NFTs, NFT gaming and Adopting NFT-powered yield farming. 

10. Should I invest in an NFT?

Experts suggest that NFTs can be a good investment because you can resell them for profit. Several NFT marketplaces allow sellers to get royalties for their sold assets. However, proper research is necessary before investing so that you can gauge whether it suits your demands.  

11. What's the difference between NFTs and cryptocurrency?

Both cryptocurrencies and NFTs use the blockchain network for ownership verification. However, unlike a cryptocurrency, an NFT can't be directly exchanged with another NFT. NFTs are sold but not traded like securities on digital exchanges. In contrast, cryptocurrencies can be traded like securities.

12. What is NFT digital art and how does NFT art work?

NFT art is digital art tokenized in the blockchain, much like any other NFT object. Since the artwork is totally digital, buyers, sellers, and traders eventually transact in the metaverse. NFT art also has a single original, just like there is with physical art.

Thanks to this “What is an NFT?” tutorial, you have now seen everything you need to know about what an NFT is, how it works, its uses, and how you can buy them.

Whether you're an experienced Blockchain developer or just an enthusiast who wants to explore more about NFT s, cryptocurrencies, and blockchain, you can enroll in Simplilearn's Professional Certificate Program in Blockchain. This program helps you learn and explore more about cryptocurrencies, blockchain, and all the associated technology, accommodating all levels of experience.

Do you have any questions for us? Please feel free to drop them in the comments section of this article, and our experts will get back to you as soon as possible.

About the Author

Ravikiran A S works with Simplilearn as a Research Analyst. He an enthusiastic geek always in the hunt to learn the latest technologies. He is proficient with Java Programming Language, Big Data, and powerful Big Data Frameworks like Apache Hadoop and Apache Spark.

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Home PowerPoint Templates NFT

NFT PowerPoint Templates & Slides for Presentations

Download our editable NFT PowerPoint template to create a stunning presentation for your upcoming NFT project.

Entirely editable to meet the design standards of the most demanding customers, these slides can bring new investors to your NFT endeavors.

NFT PowerPoint Template

Introducing a project in a quality manner is the best method to secure investors’ funds. NFTs are not the easiest term to expose in a business conversation if your business contacts are unfamiliar with Web 3.0 technologies.

Opt for a professional-made NFT PowerPoint template to clearly expose the advantages of investing in NFT values, their proof of authenticity, and how the value for the non-fungible token has risen up over time.

These templates are 100% editable and compatible with all versions of PowerPoint, Google Slides, and Keynotes.

What are NFTs?

Non-Fungible Tokens (NFTs) are a new element in financial security introduced by Web 3.0 where digital data is stored in the blockchain, keeping track of the original owner data and every other transaction made in the form of sales and exchanges.

Typical NFT items can be digital images, digital artwork, videos, gaming industry, audio, etc. The main difference with cryptocurrencies is that they are non-fungible, meaning they cannot be replaced by another item of similar value (unlike what happens with currencies).

NFTs gained popularity in the digital world thanks to their unique value as proof of authenticity or ownership.

Which elements should you include in an NFT presentation?

Start by introducing the author’s data, a brief story of what drove him or her into creating the NFT asset, and its meaning (if applicable). Then proceed to show its market value evolution over time – especially if talking about a presentation intended for an NFT auction.

If we talk about an NFT that has already been sold or traded, show the full history of ownership and the proof of authenticity to the potential buyers.

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Dark Blue Theme NFT Presentation Template

Are you still looking for an NFT presentation template? Browse through our collection of professional NFT Google slides templates to present your ideas and views on NFT. You can find a modern design with a diverse and creative layout in these slides. We have included NFT and blockchain slides, NFT and crypto slides, and many other slides that talk about NFT. You can use these slides as educational, business, and sales presentation templates. So don’t waste your time searching for a presentation design of NFT templates. Instead, just download these google slides templates and start your presentation.

• All the slides are fully customizable and easily editable.
• It contains a founder introduction slide, an NFT timeline slide, a pricing slide, and a world map related to NFT.
• The presentation includes high-quality designs and artistic images.
• A dark blue color palette is used in all the slides.

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NFT Game Business Plan

Nft game business plan presentation, free google slides theme and powerpoint template.

Non fungible tokens, more commonly known as NFTs have been a hit in the internet! With them you can make money sharing your favourite designs. Some people find it hard to understand them, but with a cool, modern template like this one you can speak about how to create and buy them. Use the resources we have included to speak about the currency of the future!

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• Includes 500+ icons and Flaticon’s extension for customizing your slides
• Designed to be used in Google Slides and Microsoft PowerPoint
• 16:9 widescreen format suitable for all types of screens
• Includes information about fonts, colors, and credits of the resources used

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