Non-Fungible Tokens

What are NFTs?

Chill, we can help and we’ll keep it simple!

NFT means Non-Fungible Token, which is, an entry on a blockchain that underlies a new form of cryptocurrency, just like Bitcoin. The thing with bitcoins or other crypto is they are indistinguishable from one another, boring right?

NFTs on the other hand are completely unique and different from one another. This allows them to be one-of-a-kind things, like artwork, animation, video clips, games or trading cards!

It’s kinda like owning a limited print edition, but it’s digital, you can view on any device, and you can share, trade it or sell it to other collectors worldwide.

The art on the NFT is completely unique and the blockchain part is like your certificate of authenticity. It’s an exciting place and holds a whole new future for collecting art and investing at the same time!

How do I buy NFT’s? How do I get a Wax Wallet? It’s really easy to set up a new account using your e-mail address. You can also use your existing Facebook, Instagram or any other social media account to log in!

Click the link below to get started and if you have any questions then we will be happy to help you! It’s going to be huge and we don’t want you to miss the train!

Have fun!

Summary

  • While every Bitcoin is identical, non-fungible tokens are unique.

  • NFTs are like plane tickets – they all look the same, but each have a different seat and destination.

  • Non-fungible tokens are ideal for creating digital versions of collectibles like art and trading cards.

  • Other use cases including digitizing our identities and proving ownership of things like real estate.

  • Every NFT is certified authentic, unique, and can never be altered or counterfeited.

  • NFTs are based on the WAX blockchain, and are paid with WAX-tokens (WAXP).

  • NFTs can be bought and sold on second-hand marketplaces.

  • Buy, sell and trade NTFs instantly, with anyone, anywhere in the world.

  • Trade for free, without any fees.

For additional info you can check out this guide on how to use your WAX wallet or this guide on how to use NFTs on the WAX blockchain.

WHY WAX

The Worldwide Asset eXchange (WAX) is the safest and most convenient way to create, buy, sell, and trade virtual items – to anyone, anywhere in the world.

Digital collectibles include assets such as trading cards, memorabilia, art, (music)videos, gaming items, stickers, etc…

Any digital or digitized item can be traded on WAX.

Buy Sell Trade Own it forever

WHY BLOCKCHAIN

WAX is built on blockchain technology. That means that all trades are absolutely secure and anyone in the world can instantly track the item’s transaction status and history.

Trading with anyone in the world is safe and effortless because there is no need to ever prove an item’s authenticity. The WAX blockchain produces a tamper-proof digital record of an item’s chain of ownership.

You never have to worry about receiving a fake or counterfeit item.

Advantages

  • Trade collectibles instantly, with anyone, anywhere in the world – for free!

  • Instant trades; no more hassle with long shipping times

  • Sell virtual items on secondary marketplaces for real fiat currency such as dollar or euros

  • Trade with confidence that every collectible is certified authentic, unique, and can never be altered or counterfeited

  • Search wishlists of other traders and propose trades

  • View a collectible’s full ownership records and trading history

  • Showcase collectibles on social media

  • No more wear and tear, you collectibles are there eternally