Understanding and How to Earn Money from NFT - Ivox Ongah

NFT or non-fungible tokens are becoming a hot topic for discussion after a number of people got rich suddenly as a result of buying and selling NFT.
Then, what exactly is NFT and how do you benefit from NFT transactions? Here's the explanation.
1. Understanding NFT
NFT is actually a unique token that represents ownership of digital assets on the blockchain. These digital assets can be in the form of photos, videos, songs, and even games too.
2. The principle of NFT is no different from crypto assets
In principle, NFT is not much different from other existing crypto assets. He explained that both have visual elements. However, NFT can only be traded and cannot be exchanged.
3. How to benefit from NFT
Adytia explained that to make a profit from NFT is to resell it at a higher price. however, buying and selling of NFT cannot be done arbitrarily because NFT sold in the NFT market with certain networks has conditions that are different from those on other networks. For example, in the case of tokens used for transactions.