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NFT : What you need to know

Can anything be an NFT?

Yes. NFTs can be used to store any type of digital file. The majority of marketplaces cater to the sale of digital artwork, but a growing number also accept the sale of audio, video, and game assets. Limited-edition Nike trainers are an example of a physical item that has been digitized as a non-fungible token (NFT). In the future, look for NFTs in both the digital and physical worlds.

Where do NFTs sell?

Several NFT marketplaces websites exist, including OpenSea, Rarible, and Foundation. Others require an invitation and can only be accessed by those who have been invited. Artistic and video game versions of the same object exist. If you do some research, you can find the best NFT marketplace for you.

Can I display my NFT art?

New NFT displays are released on a regular basis, yes. To make the art look like it's set on a canvas, these 4K and 5K screens have tactile anti-glare screens. A few examples include Samsung's The Frame and Meural and Canvia's screens. Look for screens that have NFT marketplace and wallet connectivity built-in from an app as an additional feature to consider.

What kind of NFTs sell?

NFTs with 'utility,' such as those by well-known artists like Beeple and Damien Hirst, tend to sell the best. Most new NFT artists will be interested in the latter.

This means that your collection should be more than just a digital asset; it should be able to be used in real-world events, a chat room for the community, or even to raise money for charity. Non-profit organizations that benefit society include World of Women and the Ukraine conflict NFTs, which are raising money for humanitarian organizations.


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The past few weeks have been a dark time for NFT lovers and players in the cryptocurrency industry, but for startups and executives that are dug into the vision of a crypto future, it's also been an opportunity to double down. This week, Uniswap announced that it has made a new acquisition, buying up  NFT marketplace aggregator Genie for an undisclosed sum. The purchase was made by Uniswap -- the startup -- which has raised millions in funding from firms like Andreessen Horowitz and Paradigm to help build Uniswap -- the decentralized exchange protocol. Users know Uniswap as a decentralized way to swap a wide variety of tokens; this new acquisition will bring non-fungible tokens into the mix. Genie gives users the library of NFTs available across marketplaces and makes it so that they can see and trade NFTs across most of these platforms. Uniswap's team say they will be using the product to build a Uniswap NFT vertical into their platform, which will launch this fall. The compa...

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