Anyone can right-click and save an image, so why do people still pay for its NFT?
First, what it is: The NFT standard commonly used on Ethereum is ERC-721, and each NFT is identified by a unique tokenId.
How it works: NFT prices are determined by market transactions. They’re often less liquid than fungible tokens, so when you want to sell, you may not be able to find a buyer.
Transferring and trading NFTs on Ethereum both require $ETH to pay Gas.
It’s okay to play it safe—surviving matters much more than making a big profit once.
First, what it is: The NFT standard commonly used on Ethereum is ERC-721, and each NFT is identified by a unique tokenId.
How it works: NFT prices are determined by market transactions. They’re often less liquid than fungible tokens, so when you want to sell, you may not be able to find a buyer.
Transferring and trading NFTs on Ethereum both require $ETH to pay Gas.
It’s okay to play it safe—surviving matters much more than making a big profit once.