WHAT IS NFT AND WHAT ARE THE THINGS YOU NEED TO KNOW ABOUT IT?

Hello everyone, so for the past few months I have taken out to study NFT: what it’s about, and what effects it imposes on photographers or creatives as large. There are a lot of stories about NFT, ranging from is it something that is worthy of people’s investment, to is it here to stay forever, and how effective and deplorable is it, etc.

An NFT is basically a digital asset that represents real-world objects like art, photography, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos. This is a platform where all creative works such as photography, painting, music, video, etc. are sold digitally in return to earn digital money which can be converted to real money. Surprisingly NFT has been in existence since the year 2014 and has gained tremendous attention by increasingly becoming the most popular way to buy and sell all forms of digital artwork.

Click the link below to listen to a podcast put together by https://www.bhphotovideo.com/  it will give you in-depth knowledge on how to trade your works and earn more. This podcast will also give you a clear understanding of potholes surrounding NFTs, smart contracts, and cryptocurrency.

https://soundcloud.com/bh-photography-podcast/nfts-and-photography?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fbh-photography-podcast%252Fnfts-and-photography