🐋 Beyond tracking the money, you should also understand this basic concept: non-fungible tokens (NFTs)
Many NFTs only record an ID and a metadata link on-chain. The image is usually hosted on IPFS or the project team's servers.
An NFT proves which address owns the token; it doesn't mean you own the copyright to the artwork. What you can do with it depends on the license granted by the project.
Minting and trading NFTs on Ethereum requires $ETH to pay gas fees.
If something is unfamiliar, it's safer to start small and practice with a small amount.
#ETH
Many NFTs only record an ID and a metadata link on-chain. The image is usually hosted on IPFS or the project team's servers.
An NFT proves which address owns the token; it doesn't mean you own the copyright to the artwork. What you can do with it depends on the license granted by the project.
Minting and trading NFTs on Ethereum requires $ETH to pay gas fees.
If something is unfamiliar, it's safer to start small and practice with a small amount.
#ETH