Friends, this is something you really need to understand: non-fungible tokens (NFTs)!
Many NFTs only store an ID and a link to metadata on-chain; the image is usually hosted on IPFS or a centralized server.
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.
Transferring and trading NFTs on Ethereum requires $ETH to pay gas. The current price is 1837.05.
Save this and take a closer look later 👇
Many NFTs only store an ID and a link to metadata on-chain; the image is usually hosted on IPFS or a centralized server.
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.
Transferring and trading NFTs on Ethereum requires $ETH to pay gas. The current price is 1837.05.
Save this and take a closer look later 👇