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Non Fungible Tokens are interchangeable digital assets such as Music, Images videos or Text stored on Blockchain. They are not currencies but they just represent real assets.
These days artists are getting into NFTs, artists and footballers aswel are embracing the NFTs, but the most popular NFTs are gaming cards NFTs. These days its the most hot topic in the Crypto Market and people are making millions with NFTs.
What are the uses of NFTs?
On coin market cap there is a section with metaverse tokens e.g Axie, Mana, Sand etc, these are the most popular plat to earn tokens with NFTs an those NFTs since they are gaming its like you will be buying a characters to use in the game play. Lets say Mortal Kombat has NFTs and you buy an NFT of Raiden this means that you will have Raiden amongst the players you can use when playing Mortal Kombat. Some NFTs will come in form of Weapons which you will buy and use in the game-play. Like on GTA your character will get hungry and you buy food, clothes etc so that's how gaming cards NFT works.
The above picture is a list of NFTs and those are weapons which will be used in the game play and for serious gamers they buy a lot of these weapons. Unlike other games where characters are equipped with all weapons, on these new play to earn games you now have to buy a character and the weapons to use. On other NFT market places you might be surprised to see 1 NFT costs 2BNB which is a lot.
Artist and musicians are now utilizing the same technology and are now putting their artwork in form of NFTs and some other people now creating NFTs an selling and this leaves us with another question.
Are all NFTs Worth Buying?
To be honest not all NFTs are worth buying because now there are a full of sh*t NFTs being created and sold. Scammers are now taking advantage of newbies who are rushing to buy NFTs and make them buy these worthless NFTs. These are type of NFTs you will buy and you will never get the chance to sell them, or they do not have use case. A lot of projects are being created listed an hyped claiming to be NFTs but nothing of that sought. Recently there was a Token named Ronin which claimed to be a metaverse with NFT cards but all of a sudden they rug pulled and investors lost a lot of money and i happened to be amongst the victims an i regretted a lot because i had sold off some of my tokens an bough that sh*t NFT token.
Conclusion
NTFs are the future of Metaverse and they will really make you a fortune if you are buying the right NFTs but my advise is investors should do a proper research on the NFTs they are buying so that they avoid buying useless NFTs.
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