{"id":6306,"date":"2022-03-24T14:47:54","date_gmt":"2022-03-24T12:47:54","guid":{"rendered":"https:\/\/godex.io\/blog\/?p=6306"},"modified":"2022-12-23T00:44:18","modified_gmt":"2022-12-22T22:44:18","slug":"how-to-buy-nft-beginners-guide","status":"publish","type":"post","link":"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide","title":{"rendered":"How to buy NFT: Beginner&#8217;s Guide"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_25_1 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_overview\" title=\"NFT Overview\">NFT Overview<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#how_to_buy_nfts\" title=\"How to Buy NFTs?\">How to Buy NFTs?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#how_to_invest_in_nfts\" title=\"How to invest in NFTs?\">How to invest in NFTs?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#advantages_and_disadvantages_of_non-fungible_tokens_nfts\" title=\"Advantages and Disadvantages of Non-Fungible Tokens (NFTs)\">Advantages and Disadvantages of Non-Fungible Tokens (NFTs)<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#pros\" title=\"Pros\">Pros<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#cons\" title=\"Cons\">Cons<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#how_to_create_nfts\" title=\"How to create NFTs?\">How to create NFTs?<\/a><ul class=\"ez-toc-list-level-4\"><li class=\"ez-toc-heading-level-4\"><ul class=\"ez-toc-list-level-4\"><li class=\"ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#step_1_create_a_marketplace_account\" title=\"Step 1. Create a marketplace account\">Step 1. Create a marketplace account<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#step_2_create_a_new_collection\" title=\"Step 2. Create a new collection\">Step 2. Create a new collection<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#step_3_create_an_nft\" title=\"Step 3. Create an NFT\">Step 3. Create an NFT<\/a><\/li><\/ul><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#top_5_nfts_to_choose_in_2022\" title=\"Top 5 NFTs to choose in 2022\">Top 5 NFTs to choose in 2022<\/a><ul class=\"ez-toc-list-level-4\"><li class=\"ez-toc-heading-level-4\"><ul class=\"ez-toc-list-level-4\"><li class=\"ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_art_investment\" title=\"NFT art investment\">NFT art investment<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_game_investment\" title=\"NFT game investment\">NFT game investment<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_real_estate_investment\" title=\"NFT real estate investment\">NFT real estate investment<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_marketing\" title=\"NFT marketing\">NFT marketing<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-4\"><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#nft_marketplace_investment\" title=\"NFT marketplace investment\">NFT marketplace investment<\/a><\/li><\/ul><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#future_of_non-fungible_tokens_nfts\" title=\"Future of Non-Fungible Tokens (NFTs)\">Future of Non-Fungible Tokens (NFTs)<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#faq\" title=\"FAQ\">FAQ<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#how_do_i_buy_nft_art\" title=\"How do I buy NFT art?\">How do I buy NFT art?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/godex.io\/blog\/how-to-buy-nft-beginners-guide\/#should_you_invest_in_nfts\" title=\"Should you invest in NFTs?\">Should you invest in NFTs?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"nft_overview\"><\/span><span style=\"font-weight: 400;\">NFT Overview<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you haven\u2019t spent the last years in a forest cut off from the media, then you have probably come across the concept of NFT. If not, it&#8217;s amazing how you managed to avoid the hype around a new kind of art, which, often without conveying any depth of the artist&#8217;s thought, is sold for hundreds of thousands of dollars, and even several million. One such example is an NFT token with the first tweet in the history of Twitter, made by company founder Jack Dorsey, which was sold for almost 3 million euros.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You cannot hang a work of NFT art on the wall of your living room to show off to your guests when the opportunity arises. In fact, you are buying not so much the work itself, as proof of ownership of it. And so, we have a definition of NFT or non-fungible token, which is a unique digital certificate which is stored on the blockchain. It guarantees the originality of the item and grants exclusive rights to it. As you might have guessed, this concept came from the world of cryptocurrency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each non-fungible token (NFT) is unique, which means that it cannot be discreetly replaced, making it a reliable system for securing rights to an object, whether it be a work of art, real estate, or an artifact in a computer game. As for crypto money, the situation is different there, because, for example, one Bitcoin can be easily replaced by another one, and nothing will change.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike other major cryptocurrencies, NFTs cannot be bought directly with fiat money. Therefore, since most NFTs are based on the Ethereum blockchain, it is necessary to acquire the appropriate currency. See below for more details on how to diversify your portfolio with the currently popular NFTs.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_to_buy_nfts\"><\/span><span style=\"font-weight: 400;\">How to Buy NFTs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy Ethereum on a reliable crypto exchange like Coinbase or <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/Godex.io\">Godex.io<\/a>.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transfer your ETH coins from the exchange to your crypto wallet. If you don&#8217;t have one, you need to create it. Most often, for such purposes, users choose the Metamask wallet, which is suitable for both cryptocurrencies and non-fungible tokens. In addition, for greater security, it can be connected to a hardware wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Connect your wallet to the marketplace of your choice. There are many places where NFTs can be purchased. Of course, it all depends on which NFTs you are interested in. There are sites where you can only find images, but in order to buy a different type of NFT, you need to go to another marketplace.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The largest \u201cfair\u201d with a variety of tokens can be found on OpenSea. To connect your wallet to OpenSea, go to the website, click on the icon in the top right corner and select &#8220;My profile&#8221;. You will be prompted to connect your wallet; to do this, follow the instructions given.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy your NFT<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">OpenSea has a name like that for a reason, you will find over 80 million NFTs there. Therefore, in order not to get confused and not drown, learn how to use a convenient search engine.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the landing page, select \u201c<\/span><i><span style=\"font-weight: 400;\">Explore\u201d<\/span><\/i><span style=\"font-weight: 400;\">. If you know what you are looking for, you can use the &#8220;search bar&#8221;. On the left side of the page, select: &#8220;Buy Now&#8221; or &#8220;On Auction&#8221;. You can also narrow your search using the options: time, price, views, etc. To view popular NFTs, select \u201c<\/span><i><span style=\"font-weight: 400;\">Rankings\u201d<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Choose the NFT you like and make sure you have extra ETH to cover the fees. Once you buy it, you will be able to access NFT through your crypto wallet.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_to_invest_in_nfts\"><\/span><span style=\"font-weight: 400;\">How to invest in NFTs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"font-weight: 400;\"> Decide on your goals and finances<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Under the influence of the NFT hype, it is very easy to get excited and start mindlessly buying up the first digital assets that catch your eye. But if your goal is not to get rid of extra money in a fashionable way, this issue should be approached as carefully as possible. Take a look at your finances and think about how much you are really willing to spend. It is this amount, and not a penny more, that you can invest.<\/span><\/p>\n<ol start=\"2\">\n<li><span style=\"font-weight: 400;\"> Become a cryptoexpert<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">You should never invest in something you don&#8217;t understand. By betting on NFTs, you are also betting on a currency that helps power the decentralized network that hosts it. For those who are not tech savvy, understanding the ins and outs of cryptocurrency should be the number one priority before even thinking about investing in NFTs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Understanding how this technology works will inform you about each individual blockchain and cryptocurrency, helping you evaluate their strengths and weaknesses accordingly. Without such knowledge, you will not be able to distinguish between shiny coins with no future and promising ones.<\/span><\/p>\n<ol start=\"3\">\n<li><span style=\"font-weight: 400;\"> Keep your investments safe<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Decentralized networks like blockchain are actually much more secure than centralized servers and any other system that depends on trust and a third party. But you, as an individual user, are not safe. You may become a victim of phishing and other social engineering scams.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are going to invest real money in NFTs or cryptocurrencies, you need to make security your <\/span><span style=\"font-weight: 400;\">top-priority<\/span><span style=\"font-weight: 400;\">. To protect your funds in the long run, use a hardware wallet, never store NFTs or cryptocurrencies in any public address that is not exclusively yours.<\/span><\/p>\n<ol start=\"4\">\n<li><span style=\"font-weight: 400;\"> Know what you are investing in<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Here we repeat rule number 2, but in a slightly different area. If you&#8217;re into art, take a look at NFT art works. Firstly, you will be pleased to invest in something where your head lies. Secondly, you will be able to find something worthwhile, but which is not yet discovered by society, to see the potential of the aspiring artists, which has not yet been fully disclosed.<\/span><\/p>\n<ol start=\"5\">\n<li><span style=\"font-weight: 400;\"> Keep your eyes peeled for the market<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">This goes without saying, and works not only in NFTs, but with absolutely all types of investments. It is necessary to keep abreast of what is happening in the blockchain industry in general, the cryptocurrency market and the NFT space in order to manage not only to invest profitably, but also to prevent failure.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"advantages_and_disadvantages_of_non-fungible_tokens_nfts\"><\/span><span style=\"font-weight: 400;\">Advantages and Disadvantages of Non-Fungible Tokens (NFTs)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"pros\"><\/span><span style=\"font-weight: 400;\">Pros<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ability to easily buy \/ sell unique items from anywhere in the world.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Thanks to blockchain technology, NFT cannot be faked, which means that an investor can be 100% sure of its authenticity, and for artists, especially digital ones, this is an opportunity to prove the authorship of their works.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NFTs can make collectibles more interactive and engaging.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"cons\"><\/span><span style=\"font-weight: 400;\">Cons<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are high risks of buying a speculative NFT item that has risen in price at the moment, but in fact has no real artistic or collectible value.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When stored insecurely, NFT assets can be at risk of being hacked, just like other cryptocurrencies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The market for collectible NFT items is quite volatile, and it is quite difficult to predict the rise or fall in the price of a particular asset.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NFT transactions consume a lot of energy and have an impact on the environment.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"how_to_create_nfts\"><\/span><span style=\"font-weight: 400;\">How to create NFTs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You don&#8217;t have to be a genius to create your own NFT. Just follow three simple steps:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"step_1_create_a_marketplace_account\"><\/span><span style=\"font-weight: 400;\">Step 1. Create a marketplace account<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Let&#8217;s say it will be OpenSea. You need an Ethereum wallet to connect with it to the marketplace. If you don&#8217;t have a suitable wallet, create one (it might be the most common one &#8211; MetaMask) and fund it with ETH to pay fees and trade your NFTs.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"step_2_create_a_new_collection\"><\/span><span style=\"font-weight: 400;\">Step 2. Create a new collection<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">After creating and verifying an account, you need to go to the &#8220;My collections&#8221; section and create a new one. Your NFT works will be minted in it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Set up the parameters you need, namely a royalty percentage, a blockchain, payment method and other data.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"step_3_create_an_nft\"><\/span><span style=\"font-weight: 400;\">Step 3. Create an NFT<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Upload the file from which you want to make an NFT to the platform. It can be a picture, a music track, a video, a GIF, and so on. Make sure the platform supports the type and extension of your file. Come up with a title and description. Specify the number of copies in which the token is issued and click &#8220;Create&#8221;.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"top_5_nfts_to_choose_in_2022\"><\/span><span style=\"font-weight: 400;\">Top 5 NFTs to choose in 2022<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In general, we have already figured out that it is best to invest in the area familiar to investors. Below are the most relevant and profitable investment assets:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"nft_art_investment\"><\/span><span style=\"font-weight: 400;\">NFT art investment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Perhaps the greatest benefit NFT has brought to the art industry, which is why it has taken root so well in this niche. By allowing artists to trade freely and without risk, NFT art is likely to always be in demand, and therefore a great investment. The key task is to be able to discern among the millions of NFTs potential masterpieces, the value of which may increase significantly in future.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"nft_game_investment\"><\/span><span style=\"font-weight: 400;\">NFT game investment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">This type of NFT is the latest trend now. The play-to-earn concept has revolutionized the gaming industry. Therefore, if this is your thing, it might be worth considering investing in the upcoming NFT games that the gaming community is looking forward to.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"nft_real_estate_investment\"><\/span><span style=\"font-weight: 400;\">NFT real estate investment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Another very extensive area in which you can prove yourself as a successful investor is real estate. And here NFT provides a solution to a rather complex problem that usually arises in the process of real estate trading &#8211; the transfer of ownership. By converting real estate legal documents into NFTs, it secures ownership of the asset and eliminates the need for intermediaries.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"nft_marketing\"><\/span><span style=\"font-weight: 400;\">NFT marketing<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Since NFT gains popularity and is introduced into completely different areas, NFT marketing, which is an effective tool in attracting users to a platform, can bring good profits in future.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"nft_marketplace_investment\"><\/span><span style=\"font-weight: 400;\">NFT marketplace investment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The creation of multiple NFTs creates a need for platforms on which they can be traded. When investing in such a marketplace, you don\u2019t have to worry about the lack of users, since there are a lot of people who want to create and sell their non-fungible tokens<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">The advantage of such an investment is a fairly quick profit, which is generated through various fees.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"future_of_non-fungible_tokens_nfts\"><\/span><span style=\"font-weight: 400;\">Future of Non-Fungible Tokens (NFTs)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Today, NFT technology has great potential and good prospects. On the one hand, the advantages of the technology, the current popularity of non-fungible tokens and the growth rate of the industry indicate a high interest from users. People&#8217;s consumption of digital content is growing daily, which can provide NFT art with a chance to develop in the future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, at the moment there are a number of issues in the industry: there is no legal regulation, the market structure and specific ways of implementing the technology are unclear. All this makes it impossible to accurately state the direction of further development of NFTs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The possibility that the rapidly growing popularity of NFTs may fade as quickly as it appeared, and the NFT market may disappoint users, should not be dismissed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It remains to be seen whether the technology will gain mass distribution or sink into oblivion.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"faq\"><\/span><span style=\"font-weight: 400;\">FAQ<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"how_do_i_buy_nft_art\"><\/span><span style=\"font-weight: 400;\">How do I buy NFT art?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To buy <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.theverge.com\/22310188\/nft-explainer-what-is-blockchain-crypto-art-faq\">NFT art<\/a>, you need to register on the marketplace that sells the works you are looking for. The largest and easiest to use marketplace is OpenSea. To create your account, connect your Ethereum wallet to the platform.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can make an instant purchase by clicking on the &#8220;Buy Now&#8221; button and confirming your readiness for the transaction, after which your NFT will go to your wallet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The second way is to make a purchase by placing a bid on the auction. To do this, click &#8220;Place bid&#8221; and then the &#8220;Make Offer&#8221; button. Next, you need to choose a currency, enter the amount of your offer, and also set a time frame for consideration.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"should_you_invest_in_nfts\"><\/span><span style=\"font-weight: 400;\">Should you invest in NFTs?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Any investment involves risk, and NFTs are no exception. It can bring both profit and loss. Judging by the trend and the experience of other investors, NFTs can be a good investment choice. Most importantly, invest within your means.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents NFT OverviewHow to Buy NFTs?How to invest in NFTs?Advantages and Disadvantages of Non-Fungible Tokens (NFTs)ProsConsHow to create NFTs?Step 1. Create a marketplace accountStep 2. Create a new collectionStep 3. Create an NFTTop 5 NFTs to choose in 2022NFT art investmentNFT game investmentNFT real estate investmentNFT marketingNFT marketplace investmentFuture of Non-Fungible Tokens (NFTs)FAQHow [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1871,1873],"tags":[1916,1922],"yst_prominent_words":[],"class_list":["post-6306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-market","category-guides","tag-nft","tag-nft-art"],"lang":"en","translations":{"en":6306},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/comments?post=6306"}],"version-history":[{"count":3,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6306\/revisions"}],"predecessor-version":[{"id":6847,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6306\/revisions\/6847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media\/6307"}],"wp:attachment":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media?parent=6306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/categories?post=6306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/tags?post=6306"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=6306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}