What Are Nfts And How To Get Started

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If you are looking for the answer of what are nfts and how to get started, you’ve got the right page. We have approximately 10 FAQ regarding what are nfts and how to get started. Read it below.

expensive nfts sold  random

jojo earns by playing an nft game called axie infinite.

Ask: jojo earns by playing an nft game called
axie infinite. everyday he gets slp which
converted as peso depending on its exchange rate . if he gets 85 slp a day, how many slp will he accumulate in 150 day​

Answer:

10,200 po yan

Step-by-step explanation:

pa brainliest po pls

For axie infinity, What do you know about NFTs?​

Ask: For axie infinity, What do you know about NFTs?​

Answer:

The monsters or the Axies in the game are NFTs. This means an Axie you create through the game’s breeding mechanics will be, by being minted as an NFT, a unique and original digital object.

Explanation:

;))))

why are nfts expensive

Ask: why are nfts expensive

There can be multiple copies of his art but only one original piece. That is what makes the original painting valuable and irreplaceable. … Other factors that make NFTs such valuable investments are utility, ownership history, underlying value, perception of the buyer, liquidity premium and future value.

Answer:

NFTs started making all sorts of noise in early 2020, which left us both excited and confused at first. In 2021, sales of NFTs reached some $25 billion (roughly Rs 1,84,690 crore) as the speculative crypto-asset exploded in popularity, data from market tracker DappRadar shows. A possible investment and a viable source of digital transaction, we are here to decode what makes NFTs so expensive

In simple words, NFTs are non-fungible tokens. When we say non-fungible, it means that these tokens or assets are unique, irreplaceable, and provide exclusive ownership on the blockchain. They are something of value that cannot be interchanged. NFTs can be anything digital, such as a piece of art, drawings, or music.

This means that you own digital work in any form that no one else can possess. And depending on what its value is in the NFT space, you can decide to either keep it as a collectible or trade it for profit.

(But the question remains why are NFTs so expensive?.)

First things first, NFTs are non-fungible, which means that the ownership of the item lies solely with the person. They verify the authenticity of a non-fungible asset, which makes these assets unique and one of a kind. For example, investing in a Picasso piece of art. There can be multiple copies of his art but only one original piece. That is what makes the original painting valuable and irreplaceable.

NFTs are different from cryptocurrency in the manner that you can exchange cryptocurrency to purchase valuable products, so they are fungible that way. NFTs are not, and that is why they are such a huge investment tool.

Other factors that make NFTs such valuable investments are utility, ownership history, underlying value, perception of the buyer, liquidity premium and future value.

nft for everyone here​

Ask: nft for everyone here​

Answer:

amp

Explanation:

sana ok lang talaga kayo.

Should I have a big dislike for NFTs?

Ask: Should I have a big dislike for NFTs?

Answer:

Yes because:

NFTs are essentially proof-of-ownership records stored in a blockchain ledger. People don’t like them because: ⁠Blockchain technology wastes a huge amount of electricity.

Explanation:

PS: its just my own opinion. CORRECT ME IF IM WRONG…

Mr. Manaloto gets a starting salary of P15,000.00 a month

Ask: Mr. Manaloto gets a starting salary of P15,000.00 a month and an increase of P100.00 per month. What will be his salary after 12 months?

2. Jojo earns by playing an NFT game called Axie infinity. Every day he gets SLP which can be converted in peso depending on its exchange rate. If he gets 85 SLP per day, how many SLP will he accumulate over 120 days?​

Answer:

1. 181,200

2.10,200

Step-by-step explanation:

pa brainlest po thanks

Answer:

1.100×12=1,200

1,100+15.000.00=16,200

Answer:P=16,200

2.85×100=10,200

Answer:P=10,200

What do you think NFT/blockchain games should have/improve? Why?

Ask: What do you think NFT/blockchain games should have/improve? Why?

Answer:

i dont knowwwwwwwwwwwww

How can you relate research instrument into nft? ​

Ask: How can you relate research instrument into nft? ​

Answer:

Not for trade?

Explanation:

i dont know

Answer:

ty sa points God bless and stay safe as always

just screenshitted an nft what ya gonna do

Ask: just screenshitted an nft what ya gonna do

Answer:

huh

Explanation:

Answer:

that boi is no having

sleeping sickness

diseases of rabies

this is my nightmare

are NFT's bad for the environment why?

Ask: are NFT’s bad for the environment why?

Answer:

NFTs share one harmful trait with their cryptocurrency cousins: they both use a ton of energy. Bitcoin ‘mining’ already generates 38 million tons of CO2 per year, more than the carbon footprint of Slovakia.

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