NFTs made easy, part 2

What should you know before creating your first NFT?

  • NFTs grant ownership of an item and not copyright. A creator may sell you their NFTs but they still retain the copyright. This means that they can reproduce more NFTs based on the one you own without facing legal consequences. This is one of the biggest issues that NFT critics point out.
  • There are several blockchains to create your NFT and they all have their strengths (we’ll discuss this further in the next section)
  • Creating NFTs can cost money. Each blockchain or NFT platform requires different transaction fees.
  • There must be some value in the NFT for it to sell. Just because you create an NFT does not guarantee it will sell.
  • Don’t create someone else’s work as an NFT, many platforms take it seriously and you could be sued for copyright infringement.

Choosing the right blockchain

Best platforms to trade NFTs

Taking the mental jump into a whole new world

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