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Why NFTs Are the Next Big Thing for Content Creators
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What is now proved was once only imagined
- William Blake
NFTs are all the rage nowadays, but not everyone understands their true potential. Most people think it’s a marketplace for digital art and discard it as gambling or something that is only for the wealthy. I believe it’s the beginning of a new era for all content creators — bloggers, podcasters, YouTubers, artists, storytellers, photographers, basically everyone who likes to share. Let me tell you all about why I think so and how content creators can leverage this opportunity. But first, let’s understand what an NFT is.
What is an NFT?
NFT stands for Non-Fungible Tokens. It is a unique digital asset such as art, trading cards, memes, gifs, video clips, audio clips, tweets, this article or an ebook, basically anything that one can create, store and sell on the blockchain. Once tokenized, these assets can be bought, sold, and traded using cryptocurrency.