Basically, NFTs can be unique digital art assets, real estate, collectibles, event tickets, website domains or even tweets that are sold to investors on the blockchain. They can include any kind of art that can be rendered in digital form — music, video, imagery, memes or a combination of media. Pros and cons of NFTs Crypto.com’s NFT marketplace features major NFT collections like Art Blocks, Bored Ape Yacht Club, and Azuki, in addition to hosting hundreds of NFT drops. Over the years, Crypto.com has worked with big names like Snoop Dogg and the Philadelphia 76ers to launch exclusive NFT collections.
There are 10 different factions which fit the lore of the NFT collection, each has its role to play as the community holders will decide on how the story evolves. The team also aims to provide value to the holders in different ways like special releases, physical collectibles, white list opportunities, along with exclusive virtual events for holders. Explore Web3 apps As great as it is to see some of the biggest NFT marketplaces accept credit and cash payments, this isn’t the norm. Most NFTs still require users to pay for them via cryptocurrencies like Ethereum.So how exactly do you acquire crypto? Well, you can easily buy crypto with traditional fiat currencies; think of this as a Web3 money changer. Simply set up an account on a crypto exchange site such as Binance, then set up a buy order for a cryptocurrency.