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WHAT IS NFT? EVERYTHING YOU NEED TO KNOW ABOUT NON-FUNGIBLE TOKENS. NFT or Non-Fungible Token is leading the way in today's technology world. Against a backdrop of limitations among professionals, NFT expands its boundaries and gives celebrities the opportunity to penetrate them. Image Credit- BBC News What is NFT? NFTs are digital assets that represent real-world objects such as art, music, in-game elements, and videos. They are bought and sold online, often using cryptocurrencies, and are usually encrypted using the same basic software as many cryptocurrencies. Although it has been around since 2014, NFT is now gaining prominence as it is becoming an increasingly popular way to buy and sell digital artwork. As of November 2017, a staggering $174 million had been spent on NFT. NFTs are also usually unique, or at least one of a very limited number, and have a unique identification code. “Basically, NFT is creating a digital shortage,” said Ari Yu, chairman of the Cascadia Blockchai...

  What Is Cryptocurrency? Here’s What You Should Know With cryptocurrencies, you can buy goods and services or trade for a profit. Here you can learn more about what cryptocurrencies are, how to buy them, and how to protect yourself. Image Credit- India.com Cryptocurrency is digital currency that can be used to buy goods and services, but uses online books with strong cryptography to protect online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators sometimes raising prices. What are cryptocurrencies? Cryptocurrency is a form of payment that can be exchanged for goods and services online. Many companies have issued their own currency, often referred to as a token, and they can be traded specifically for the products or services the company offers. Think of it as arcade tokens or casino chips. You need to convert real currency to cryptocurrency to access the product or service. Cryptocurrencies use a technology called blockchai...

WHAT IS BITCOIN? Image Credit - Bloomberg Bitcoin is a decentralized digital currency created in January 2009. He follows the ideas outlined in the whitepaper under his mysterious pen name Satoshi Nakamoto.  The identity of the person or people who developed the technology is still a mystery. Bitcoin promises lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, is managed by a decentralized institution. Bitcoin is known as a type of cryptocurrency because it uses cryptography to keep it safe. There are no physical bitcoins, only balances stored in a public ledger that can be accessed by everyone transparently (even though every record is encrypted). All Bitcoin transactions are verified by a large amount of computing power through a process known as "mining". Bitcoins are not issued or backed by banks or governments, nor is a single Bitcoin valuable as a commodity. Although Bitcoin is not legal tender in most parts of the...

  TOP 5 CRYPTOCURRENCIES FOR LONG TERM INVESTMENT. There are many popular cryptocurrencies available today, and many of these assets have seen a dramatic increase in value over time. In recent years, cryptocurrencies have risen to become a new generation of internet enthusiasts who are suspicious of big finances and want to harness the potential of globally connected digital networks to devote their time and resources to developing and commercializing new crypto products and services. Cryptocurrency is a form of digital money that is not controlled by a central authority such as a government. Instead, it is based on blockchain technology, with Bitcoin being the most widely used. Investors recognize them as valuable not only for short-term gains but also for long-term investments. But which of them should you invest your money in? To make things easier for you, we will take a look at some crypto coins that consistently top the market cap rankings. It could represent a good long-term...