NFT brought the concept of art into the virtual world. Like famous paintings, anyone can collect digital works of art and resell them at exorbitant prices.

But what is the secret of this numerical value? It’s just the blockchain. Thanks to its technology, it makes it possible to create the digital authenticity of a work. When an “artist” puts his creation on the blockchain with the NFT, the latter becomes a unique and rare piece. The NFT makes it possible to trace its owner and determine if the file is indeed the original. And it is this concept of scarcity that generates the strong financial speculation around it.

Owning the original of a coin generates value for the coin itself. It can even reach colossal sums depending on demand. The NFT gained momentum with the birth of the KryptoKitties. These are virtual cats, each of which has unique and inimitable traits. The aim here is to collect as many coins as possible. To do this, they must be purchased with Ethereum. Each transaction is recorded in the blockchain and cannot be falsified. Each kitten has its own value. And the rarer it is, the more expensive it is.

In which NFT to invest in 2022? Top 12 best promising NFTs!

Before investing in any digital assets, cryptocurrencies or NFTs, or ICO projects, make sure you venture into it with sufficient knowledge. Start by perusing the crypto glossary. 

For those who wish to enter the world of crypto art, we invite you to see our choices of NFTs that may interest you. CryptoKitties: the birthplace of NFT

CryptoKitties is the first platform that introduced NFT to the general public. Launched in 2017 by developer Dapper Labs, it was the first to use the ERC-721 standard, allowing the generation of unique digital assets.

In the CryptoKitties game, players breed and resell virtual cats on the Ethereum network. CryptoKitties tokens are non-fungible, each representing a different digital cat. Interest in NFTs has seen a surge in interest in the game, which at its peak in 2018 saw over a million transactions per day.

NBA Top Shot: the latest trend in sports NFT

The NBA has also decided to take advantage of the NFT explosion by launching its own platform. Going by the name NBA Top Shot, it sells short videos of memorable gaming moments and classic action. Also, these videos include player stats as well as NFT trading history information. Each week, NBA Top Shot releases a limited amount of NFTs for sale. Each video has its own price, depending on its rarity and demand.

The Sandbox: a virtual NFT exchange marketplace

It is a blockchain-based virtual world. It allows users to buy, sell and develop digital assets in the form of a game. Like a small programming company, all artists can create minigames, digital books and movies animation on a single platform.

The concept of The Sandbox is to bring out the artistic soul of everyone. And through their creations, users can become confirmed digital artists. They will be able to sell NFTs online and profit from them.