NFT: not just pictures, but a digital cult
An overview from a girl who still hasn't sold her first JPEG revolution
What is NFT?
NFT (non-fungible token) is a unique digital asset stored on the blockchain. Not interchangeable, like a dollar for a dollar. Here, each token is like a painting: it can be sold, transferred, but only one and original.
Why do we need them?
- Art: digital artists gain recognition and monetization
- Gamification: skins, items, characters are now on the blockchain
- Collecting: “digital Pokemons” — only in your wallet
- Participation: owning an NFT can grant access to communities and offline events
What is the market like now?
After the hype of 2021, the market has become more mature. People are looking for value, not “a picture of a monkey.” Projects with utility have emerged — like a ticket to the metaverse or membership in a DAO.
My experience
I bought my first NFT out of curiosity. Now it’s more than just a picture. It’s a style, a statement, an investment in digital identity.
Advice from me
Don’t buy NFTs just for FOMO. Study the project, the team, and the utility. And don’t forget: JPEGs can also have soul. #nft $NFT $PAXG
