But NFT is mostly Art Picture Meme etc.
What blockchain is nft on. NFTs exist on a blockchain which is a distributed public ledger that records transactions. Powered by smart contracts on the Ethereum blockchain. No worries keep reading.
Focus On Your Project Not Hiring. Ethereum is the community-run technology powering the cryptocurrency ether ETH and thousands of decentralized applications. Digital artists are seeing their lives change thanks to huge sales to a new crypto-audience.
Well the Very simple answer is anything digital could be NFT. NFT is the digital representation of an asset on a blockchain a distributed public ledger documenting all transactions. How Does an NFT Work.
Focus On Your Project Not Hiring. NFTs are currently taking the digital art and collectibles world by storm. A digital artifact that reflects real-world assets such as art music in-game goods and videos is known as an NFT.
AdobeStock GavrBY The majority of ethereum ETH from primary non-fungible token NFT sales at 523 continues to circulate among non-entity wallets while a notable amount of revenue from primary sales is reinvested into NFTs according to a recent analysis by blockchain analytics platform Nansen. Hopefully now you understand what is this non fungible token and how it works. At a very high level most NFTs are part of the Ethereum blockchain.
Supermarket of NFT. Fundamentally a blockchain is. As with everything unique in the world it all comes down to provenance.