Everyone is investing in Non-Fungible Tokens
How can you cash in without getting ripped off?
Make your own NFT!
Yes of course that's possible. We'll show you how. But before you start do you really understand what a Non-Fungible Token is?
What Does Non-Fungible Mean?
Fungibility is the ability of something to be interchanged with other somethings of the same type. Money is very Fungible, so a twenty dollar bill is easily exchanged for two ten dollar bills. They have the same value regards of how the total is made up. However if you take that twently dollar bill and get it signed by Beyoncé - suddenly it has a different value and becomes Non-Fungible, it becomes unique.
Fungible assets simplify the exchange and trade processes, as fungibility implies equal value between the assets.
If you go to the supermarket and buy a bag of sugar (shame on you) it does not matter which bag you pick up, all the bags are the same. They are fungible. But if you go to an art gallery and pick out an oil painting, each painting, amongst all the oil paintings in the gallery is unique. The paintings are Non-Fungible.
What is an NFT?