Someone asked: What exactly is an NFT?
My answer: The most common NFT standard on Ethereum is ERC-721, and each NFT is identified by a unique tokenId. NFT prices are determined by market bids. Their liquidity is often lower than that of fungible tokens, so when you want to sell, you may not be able to find a buyer.
$ETH 2423.7(+0.23%)
If you learned something, comment 1. If you still don’t understand, leave a comment and ask away.
My answer: The most common NFT standard on Ethereum is ERC-721, and each NFT is identified by a unique tokenId. NFT prices are determined by market bids. Their liquidity is often lower than that of fungible tokens, so when you want to sell, you may not be able to find a buyer.
$ETH 2423.7(+0.23%)
If you learned something, comment 1. If you still don’t understand, leave a comment and ask away.