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All you have to do is pick an item that you want to tokenize and assign a digital asset to it.
How to make a non fungible tokens. They can also be rare or scarce meaning. These kinds of tokens are unique non-identical indivisible and non-interchangeable. An item is fungible when it can be easily exchanged for commonly accepted equivalents.
But its a very distant form of crypto that can not be exchanged aka non-fungible. Select the token type medium and design. Following are the prerequisites that you will need to mint your NFT music video or artwork on the Ethereum blockchain.
Using the Simple Assets smart contract you can quickly create in-game items cards stickers and other unique collectibles. The non-fungible token is shortly known as the NFT which is blockchain-based tokenization of any collectible item. They include artwork music virtual land property video clips of iconic sporting moments collectables like digital trading cards virtual items in video games virtual currency and tokenized real-world assets.
Tokens are generally used to create. A digital kitty was sold for up to USD 120000 on CryptoKitties by following this principle. An Ethereum-based wallet that is compatible with ERC-721 standards such as MetaMask Coinbase or Trust Wallet.
The best case is CryptoKitties which I will discuss in detail in the next few paragraphs. NFTs cannot be traded because each token carries a certain value. Non-Fungible Tokens are unique or rare digital assets.
To discover more NFT use cases refer to our blog here. Non-Fungible Tokens NFTs are digital assets that are either unique or rare. In general NFT is a digital certification for the authenticity of a digital product.
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