And at some point, you may have wondered:

“What is an #NFT?”

“Should I purchase or create an NFT?”

“What makes NFTs different from cryptocurrency and digital currency?”

In this video, business innovator and leader Lee Richter guides you on the differences between these three digital payment systems and how the term “fungible” comes into play.

Key points covered in this episode: 

✔️ NFTs are one-of-a-kind irreplaceable assets. They can come in the form of videos, images, or even music, and are exchanged in a different way than cryptocurrency.

✔️ Think of digital currency as actual, physical money. The only difference is that you can’t hold it in your hands. Ensure that you’re using a unique and secure password to protect your digital wallet.

✔️ Fungible vs Non-fungible. Cryptocurrencies and digital currencies can be traded without changing their value. NFTs are not just limited to collecting pictures and videos. They can represent a tangible item.

✔️An NFT is what you make it out to be. The people decide how it works. This freedom allows people with similar interests to form interactive communities. Get into the NFT game, learn about them, and share your stories on how it made a difference in your life.

Learn about NFTs and with the best timeline resource here: https://nfttimeline.com or go to nftswithlee.com.

Here’s a list of the top NFT Platforms right now:

• OpenSea.
• Mintable.
• Rarible.
• Foundation.
• SuperRare.
• AtomicMarket.
• Async Art.
• NiftyGateway.

Be sure to subscribe to NFTs and Beyond podcast for updates.

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