7 Things You Should Know About NFTs | Binance Academy

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7 Things You Should Know About NFTs | Binance Academy
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The concept of NFTs might seem simple but there's a lot more to them than you think. Here's 7 things you should know about NFTs ⤵️

benefits from a healthy NFT community on the blockchain, and it’s not all art and marketplaces either. There are NFT games and even collectibles with staking or financial benefits.

There are also blockchain games like Battle Pets and DeFi protocols experimenting with NFTs in more financial ways. PancakeSwap takes the number one spot for traded NFTs on Treasureland, making it a massive project for NFT usage. You can find out more info on theseIn short, no. While there are some slight similarities in the money NFTs raise and their recent hype and popularity, that is as far as it goes. An is a method used for project fundraising by selling project tokens.

Proving that your NFT is legitimate can be a bit tricky, depending on what you’re looking for. No doubt people are uploading other artist’s work and pretending to be them. In this case, you would have to get in touch with the artist to confirm they are selling NFTs of their work.

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