🔢 Today's key takeaway: Non-fungible tokens (NFTs)
Many NFTs store only an ID and a metadata link on-chain, while the images are often hosted on IPFS or centralized servers.
Before buying an NFT, verify the collection's contract address. There are many counterfeit collections, so don't rely on the name and image alone.
Don't put all your savings into a single project.
Transferring and trading NFTs on Ethereum requires paying Gas with $ETH .
Many NFTs store only an ID and a metadata link on-chain, while the images are often hosted on IPFS or centralized servers.
Before buying an NFT, verify the collection's contract address. There are many counterfeit collections, so don't rely on the name and image alone.
Don't put all your savings into a single project.
Transferring and trading NFTs on Ethereum requires paying Gas with $ETH .