We’ve had a lot of questions about NFTs from Socios users, so we’ve put together this detailed guide to help you learn all about these exciting and often valuable assets.
Whether you want to buy NFTs, create your own, use NFTs as an investment opportunity, or even make your own to sell, we’ll share everything you need to know in this handy guide. It’s split into different pages to make it easy to access the details that interest you most.
What is an NFT?
An NFT is a non-fungible token, but what does “fungible” actually mean? You can get a clear explanation, along with lots of examples and other useful information, here. We also explain how they work and clear up some common misconceptions. This is a great place to begin if you’re new to the world of NFTs.
How to create an NFT
Creating your own NFTs can be a lot of fun and is potentially very profitable, too. This detailed guide takes you through the whole process of creating (minting) an NFT, with simple step-by-step instructions. We also look at different types of tokens, like art, games, coins, and photography.
How and Where to Buy NFTs
Interested in buying NFTs and joining in the trend as it continues to grow? In this guide, we run through some key reasons to buy NFTs, then take you through the buying process on a number of different popular marketplace platforms. We also offer some guidance about investing.
How and Where to Sell NFTs
Looking to sell a token that you’ve created or bought? This guide explains how to sell your tokens, and how to think about pricing. We look in more detail at two ways to make money with NFTs: investing in and creating new tokens. You’ll also get a step-by-step guide to selling NFTs on the popular platforms Binance and OpenSea.