See More CryptosHome

NFTS

NFT STARS

Show Trading View Graph

Mentions (24Hr)

3

200.00% Today

Reddit Posts

SpaceXfuel(SXL)Presale

D-Drops - Combining Play to Earn & Move to Earn - Creating Hunt to Earn - Real-life prizes range between 100-1000$ - 2.7M MC

1.5m Market Cap with $1,300,000 in capital reserve making profit everyday! How? Find out below

RocketXRP Official

| Racer Floki | The future of NFT gaming!!! RacerFloki is the upcoming social NFT game that will revolutionize the way you spend your time online!

r/CryptoMoonShotsSee Post

| Stepn Saudi | The future of NFT gaming!!! StepnSaudi is the upcoming social NFT game that will revolutionize the way you spend your time online!

$1,300,000 in capital reserve, Market Cap 1.7m! Yummy Crypto has alot of potential making profit everyday!

Yummy Crypto the Hyper Deflationary token with $1,300,000 in capital reserve making profit everyday!

Yummy Crypto the Hyper Deflationary and Massively Undervalued Project with $1,300,000 in capital reserve

r/CryptoMoonShotsSee Post

Goku Inu Grow - Just Launched - Big Callers Coming in Morning We just launched! We are a memetoken that has big goals. We are planning to push big in the morning. Pack your bags.

r/CryptoMoonShotsSee Post

Goku Inu Grow - Just Launched - Big Callers Coming in Morning We just launched! We are a memetoken that has big goals. We are planning to push big in the morning. Pack your bags.

r/CryptoMoonShotsSee Post

D-Drops - Combining Play to Earn & Move to Earn - Creating Hunt to Earn - Prizes range between 100-1000$ - 2.7M MC

Recent news in the crypto space that you might have missed

r/CryptoMoonShotsSee Post

| Torrent Grow | Every day we are strengthening our team more and more, you are invited to the fair launch party starting with 3 bnb Initial liquidity |

r/CryptoMoonShotsSee Post

| Shinu Grow |Every day we are strengthening our team more and more, you are invited to the fair launch party starting with 3 bnb Initial liquidity

r/CryptoMoonShotsSee Post

Koma decentralized web browser | Earn passive income while surfing the web

r/CryptoMoonShotsSee Post

Our triple-A development team with serious experience building games are aiming to make DogelonGrow the best social money-making experience for any gamer on the blockchain

r/CryptoCurrencySee Post

pixelathletes NFTS - Collection

r/CryptoMoonShotsSee Post

$YONKO - A Token worth millions of $ in the Future.

r/CryptoMoonShotsSee Post

HealthFi - Web3 fitness application - Exercise to Earn with all sport models, Launching now on BSC!

r/CryptoMoonShotsSee Post

HealthFi - Web3 fitness application - Exercise to Earn with all sport models, Launching now on BSC!

r/CryptoCurrencySee Post

Why do people keep saying the cardano community is a cult? I can‘t agree.

r/CryptoMoonShotsSee Post

$SPUNK - Shiba Punkz - NFT based P2E Battle Royale game sure to 100x through next bull run. Broke into 7 figure mcap. Low tax & low supply released by GameFi Launchpad DeFi Punkz

r/CryptoCurrencySee Post

The issues with NFT Art. How do we fix it? (Or The ramblings of a madman)

r/CryptoMoonShotsSee Post

The future of NFT gaming!!! CaptainCatCoin is the upcoming social NFT game that will revolutionize the way you spend your time online!

r/CryptoMoonShotsSee Post

Jiru Inu $JIRU |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2-3% | Meme Token

r/CryptoCurrencySee Post

Crypto has no real world utility

r/CryptoMoonShotsSee Post

Shirahoshi Inu $SHIRA |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2% | Meme Token

r/CryptoMoonShotsSee Post

STEP'N 2.0 | Following the 2.0 token trend | Huge $GMT Rewards | Based Dev | Join in now | Latest 100x gem | Huge Potential | Smart Staking Featured

r/CryptoMoonShotsSee Post

STEP'N 2.0 | Following the 2.0 token trend | Huge $GMT Rewards | Based Dev | Join in now | Latest 100x gem | Multiple modes | Utility in place | CMC & CG Applied.

r/CryptoMoonShotsSee Post

STEP'N 2.0 | Following the 2.0 token trend | Huge $GMT Rewards | Based Dev | Join in now | Latest 100x gem | Multiple modes | Verified Contract | Big Partnership.

r/CryptoMoonShotsSee Post

STEP'N 2.0 | Following the 2.0 token trend | Huge $GMT Rewards | Based Dev | Join in now | Latest 100x gem | BNB Rewards | Giveaway Contests Ongoing.

r/CryptoMoonShotsSee Post

STEP'N 2.0 | Following the 2.0 token trend | Huge $GMT Rewards | Based Dev | Join in now | Latest 100x gem | Multiple modes | Launching Now on BSC

r/CryptoMoonShotsSee Post

CRYPTALIENS | Low Cap BSC Gem | Backed by Huge Influencers | Dev made multi million mc projects

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Last 3 Hours! 225BNB Sold - Soft Cap Filled | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | Own exclusive NFT that are only available for Revo holders | Strong Community & Experienced Team

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Live! Last 24hr - 110BNB Sold - Soft Cap 150BNB - | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | Buy-Hold-Earn strategy with Auto-Compound | Strong Community & Experienced Team | Join NOW

r/CryptoMoonShotsSee Post

Crock Inu $CROCK |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2-3% | Meme Token

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Just Started! Soft Cap 150BNB | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | Highest Fixed APY – 502% | Strong Community & Experienced Team | Join NOW

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Starts Tomorrow! | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | Get Rewards Every 15 Minutes / 96 Times Daily! | Strong Community & Experienced Team | Join NOW

r/CryptoMoonShotsSee Post

BabyCaw Launched 1 Minutes | Backed by an experienced and doxxed team | Baby Caw $BCAW A Baby Hunters Dream Hold and get passive dividends in $BNB!

r/CryptoMoonShotsSee Post

BabyCaw Launched 1 Minutes | Baby Caw $BCAW A Baby Hunters Dream Hold and get passive dividends in $BNB!

r/CryptoMoonShotsSee Post

BabyCaw Launched 1 Minutes | Backed by an experienced and doxxed team, whose latest project had achieved an 100x, strong community.

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Live! 125BNB Sold! - Only One Day Left! | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | NFT's | Strong Community & Experienced Team | Join NOW

r/BitcoinSee Post

Crypto Projects Like NFTS Are Greater-fool Theory- Bill Gates

r/CryptoCurrencySee Post

This is good.

r/CryptoMoonShotsSee Post

RevoDAO | KYC + Audit | Presale Live! | RevoDao is an ecosystem built around a sustainable auto compounding token which leverages users tokens automatically | NFT's | Strong Community & Experienced Team | Join NOW

r/CryptoCurrencySee Post

Don't compare the current market to 2018

r/CryptoMoonShotsSee Post

Ape Luffy $ALUFFY |Just Stealth Launched | price increase continuously | FOMO now | Saturday, March 27 | Huge marketing budget! | Slippage 2-3% | Meme Token

r/CryptoMoonShotsSee Post

WingStep Token (WST) Launch 10 minutes | Fitness First | Move to Earn | Lazy to Earn | NFT Marketplace

r/CryptoMoonShotsSee Post

Project Ascendance - Insane Utility - Beautiful NFT's - Building Anti Rug Platforms Ground Up - Coming to ETH & BSC Soon

r/CryptoMoonShotsSee Post

Alpha Genesis 6 Blockchains 1 LP with numerous ways to earn passive income. CEX listings coming along with major partnerships to be announced. Team is fully doxxed and verified on Twitter

r/CryptoMoonShotsSee Post

Ninja Frog Inu $NFI |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2-3% | Meme Token | Get in Here Fast

r/CryptoMoonShotsSee Post

Ninja Frog Inu $NFI |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2-3% | Meme Token

r/CryptoMoonShotsSee Post

RocketXRP Multichain Bridge | Hottest Launchpad Right Now |STAKING LIVE

r/CryptoMoonShotsSee Post

RocketXRP | is here to Stay- Doxxed | Amazing Technology| | Lp locked

r/CryptoMoonShotsSee Post

RocketXRP | is here to Stay- Doxxed | Amazing Technology| | Lp locked

r/CryptoMoonShotsSee Post

HealthFi - Web3 fitness application - Exercise to Earn with all sport models, now available on TestFlight, fairlaunching on PinkSale

r/CryptoMoonShotsSee Post

Retrogression is a pioneering, and completely self sufficient crypto, film, NFT, gaming and film streaming ecosystem whereby the holders of the token earn profits from the revenue generated by the content and real world utilities we create.

r/CryptoMoonShotsSee Post

$DFXR is here, offers World's First Space Travel Game & simulate liftoff falcon's with different boosters!. This revolutionary token launched on the Binance Smart Chain is P2E game with NFT rewards and $DFXR rewards. Presale on PinkSale on 2022.05.30 16:30 (UTC)

r/CryptoMoonShotsSee Post

$DFXR is here, offers World's First Space Travel Game & simulate liftoff falcon's with different boosters!. This revolutionary token launched on the Binance Smart Chain is P2E game with NFT rewards and $DFXR rewards.

r/CryptoMoonShotsSee Post

We all know how big NFTs are. Solmerians is about to level up the whole P2E NFT game.

r/CryptoMoonShotsSee Post

Rise Of The Force! Presale on PinkSale on 2022.05.30 16:30 (UTC) don’t miss out ! $DFXR

r/CryptoMoonShotsSee Post

$DFXR - Rise Of The Force! Presale on PinkSale on 2022.05.30 16:30 (UTC) don't miss out !

r/CryptoCurrencySee Post

I got into crypto with alot of hope, but now it’s just sad, i dont mean price wise, and dont want the hopium, just good ol’ CC

r/CryptoCurrencySee Post

New HARMONY ONE Project!

r/CryptoCurrencySee Post

Join the Oasis Network AMA with r/CryptoCurrency | Friday, May 27, 2022 at 11AM EST

r/CryptoMoonShotsSee Post

Crokidillies - DILLIES - Cronos - JUST stealth launched!! With amazing NFT utility encoded into our smart contract! NFTs with auto-staking and rewards!! Let's Build Together BNB Rewards Huge Potential

r/CryptoMoonShotsSee Post

Crokidillies - DILLIES - Cronos - JUST stealth launched!! With amazing NFT utility encoded into our smart contract! NFTs with auto-staking and rewards!! Let's Build Together BNB Rewards Huge Potential

r/CryptoCurrencySee Post

Algorand is now the official blockchain of the Nigerian Government, breaking via Koibanx

r/CryptoMoonShotsSee Post

Crokidillies - DILLIES - Cronos - JUST stealth launched!! With amazing NFT utility encoded into our smart contract! NFTs with auto-staking and rewards!! Launching Now on BSC. Verified Contract!!

r/CryptoCurrencySee Post

How come no one here seems to know or talk about XCAD?

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Minutes Ago! $3k Low MC Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Seconds Ago! $3k Low MC Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Seconds Ago! $3k Low MC Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Hours Ago! Low MarketCap Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Hours Ago! Low MarketCap Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Hours Ago! Low MarketCap Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

Spider Man Inu | Friends with Shiba Inu | 15K market cap | Great Entry Point | NFTS coming | Community Driven | Not yet on CG and CMC

r/CryptoMoonShotsSee Post

TattedElon! Just Stealth Launched Seconds Ago! $3k Low MC Gem! Originated from Elons Scandal! Elon Tattoo NFTs upcoming! Potential Moonshot here!

r/CryptoMoonShotsSee Post

SVENIR.IO | Geo based Drop in NEW YORK! | Doxxed Team | 100x gem! | SAFU dev team | Join Discord for amazing perks! | Crazy GEO Minting Technology

r/CryptoMoonShotsSee Post

Juicy Beans Mint Today

r/CryptoMoonShotsSee Post

MEETWAY launch 10 minutes | Stealth Launch | Big marketing plan | Move To Earn, Music posts NFTS | Slippage 1%

r/SatoshiStreetBetsSee Post

CAW White Paper - Decentralized Social Network

r/CryptoMoonShotsSee Post

Hyper Step $HSTEP |Just Stealth Launched | price increase continuously | FOMO now | Huge marketing budget! | Slippage 2%

r/CryptoMoonShotsSee Post

Kronos-Sale | Safe Crypto Launch Platform | Launch Today 20:00 UTC | USDC Rewards | NFT Dividends | Doxxed & KYC | Trusted Team | Cronos Blockchain | Innovation Inspired By The Gods

r/CryptoCurrencySee Post

How Trading Pokemon Cards Prepared Us For Trading NFTS

r/CryptoMoonShotsSee Post

Satoshi Girl Racing - $SGR – Token Presale on Gempad with KYC and Audit LIVE NOW! Complete eco-system on BSC!! Check out the Satoshi Girl Racing Video Game that's ready for launch!! $SGR NFTs with massive BNB rewards!! DAO, Token Staking and NFT Staking launching soon!! AMAs already scheduled!!

r/CryptoMoonShotsSee Post

PULI token - XT.com listing on may 12th | Merging P2E mobile gaming & NFTS | Web 3.0 in development

r/CryptoMoonShotsSee Post

PULI token - XT.com listing on may 12th | Merging P2E mobile gaming & NFTS | Web 3.0 in developement

r/CryptoMoonShotsSee Post

MetaXgaming (MXG)

r/CryptoCurrencySee Post

Tower Ghost NFTS. AMAZING TOWERS (only 60) each one weirder than the last 🏰

r/CryptoMoonShotsSee Post

Ukrainian Doge | Stealth launch tomorrow | Airdrop in twitter now| join us before it’s too late!

r/CryptoMoonShotsSee Post

mataxgaming(mxg)

r/CryptoMoonShotsSee Post

Ukrainian Doge | Stealth launch tomorrow | This project will make you rich

r/CryptoMoonShotsSee Post

Cat Gold Coin| 36K market cap | Great Entry Point | NFTS coming | Community Driven | Not yet on CG and CMC

r/CryptoMoonShotsSee Post

Cat Gold Coin | Friends with Shiba Inu | 15K market cap | Great Entry Point | NFTS coming | Community Driven | Not yet on CG and CMC

r/CryptoMoonShotsSee Post

Dev Ukrainian doge

r/CryptoMoonShotsSee Post

Ukrainian Doge | Stealth launch 9th of may | join us before it’s too late!

r/SatoshiStreetBetsSee Post

Croc Boy | Called by Many Influencers and Celebrities | CROC BOY NFTS

r/CryptoMoonShotsSee Post

Croc Boy | Called by Many Influencers and Celebrities | CROC BOY NFTS

Mentions

BAYC NFTS used as collateral for a loan….what’s world we live in.

Mentions:#NFTS

werent NFTS just a fad that will soon fade away ? seems the early adopters got on quick and made their money

Mentions:#NFTS

As an artist, also with NFTS on OpenSea and a long term redditor (aka serial shitposter) I have no idea how to get involved in this. Let me know if anybody has any ideas for how to get this going. 🤷🏻

Mentions:#NFTS

Don’t forget Habbo hotel has NFTS now 👍

Mentions:#NFTS

“Art” NFTS are a thing right now because they can make people a shit ton of money really fast for little work. When someone comes out with a great usage of NFTS such as tickets, ownership of an asset, etc then people will start realizing how useful they are. For now we just have to deal with the hype around “Art” NFTS.

Mentions:#NFTS

I'm glad NFTs are finding interesting use cases. At least, we can move by NFTs just being mere JPEGs. You can practically put up your NFTs as collateral. That's awesome if you ask me. I also have my eyes on some substrapunks and chelobricks from Unique Network. I think they will be worth a lot in future. On top of that, the team is giving out the cryptopunk RFT NFTS. I think they will be worth a lot as time goes on too.

Mentions:#NFTS

If people were buying NFT’s based on advice from the likes of Gwyneth Paltrow and Kim Kardashian then they only have themselves to blame and deserve a reality check. Snoop and Eminem on the other hand shouldn’t have involved themselves but then NFTS were meant to be the next big thing.. but stupid that all the focus has been on pictures of apes when NFT’s will be used for so much more in the future such as exchange of contracts for cars/houses etc. in the meantime the mass public have stocked up on worthless images that have mainly benefited the creators fueled by the advise from people like Floyd “money” Mayweather … I mean that guy just screams scammy

Mentions:#NFTS

Puts beard hairs individually on the blockchain as NFTS.....profit!

Mentions:#NFTS

Discussion is about whether NFTS that are worthless can contribute more to society via a sports lens.

Mentions:#NFTS

Streaming is popular because it’s affordable, but does the musos no favours Buying directly costs a fortune in the current system thanks to the middle man I would love to buy cheaper NFTS of a musos album by cutting out the middle man, and I wouldn’t be inclined to stream so much

Mentions:#NFTS

>Wasn’t exacting writing the post to make a sales pitch to Microsoft, rather just to discuss NFT licenses. But it is a key part of the discussion, as your post says: > I mean developers minting licenses for their games and online shops like the PlayStation store or Microsofts store distributing them to consumers. The PlayStation store or Microsoft's store are functionally involved and would have to be onboard. If a game publisher decides to mint 'licenses as NFTS' but Sony doesn't acknowledge those for use on PlayStation, what then?

Mentions:#NFTS

Yea, I tried to copy others, i tried all that stupid stuff, i lost money kek, i started learning on my own, doing my own research, reading a lot, and now that I know a lot..I still dont know anything, but I found out another thing..NO ONE KNOWS ANYTHING REALLY, so DYOR because the person you are asking has no actual idea of what will happen or why or when I just do my own thing and tell no one nothing, Even NFTS, i got angelblock, but always hated them, since i started taking everything individually, i see some of them are not so bad, everything has good and bad things

I wouldn't move my NFTS out of cold storage to have them hosted on facebook owned anything

Mentions:#NFTS

Games like Diablo ,Elden ring, basically most of the RPGs are natural home for NFTs. They can be implemented either like personalization of characters, rare items, or even things like clan flags. Originally such NFTS should keep their value only in their natural environment -meaning the game itself.

Mentions:#NFTS

UUUUGH. Look I know how hypocritical it probably looks with someone who has an NFT avatar to be complaining about NFTS, BUT COME ON! Stop with this CRAP, Not everything needs to be a bloody NFT. I wana go back to the days where it was just silly to own a silly little pixel punk because it was proof of concept more than anything. But now every company and its mother is jumping on the opportunity to make bank. Its so annoying, There are genuinely INTRESTING NFT Art projects around. Some of the Art is absolutely amazing on superrare. There are fasion brands that will only let you buy from them if you have one, like an exclusive brand transition in to brick and mortar sales as well in the future (Weather any of that happens remains to be seen ofc) This NFT Art stuff is going too far and its gonna be trampled to death until any innovation in the field is trampled down so much all we get are generic copies of each other wheeled out regular. Which tbh is already happening, There is a new APE project each day, APE monster dick club or w/e new one ever day. Im done with it. If I buy an NFT I do it because I like it, Sure id like to make money of it, who wouldn't, I have a few Here and there i own like smircs that I think are really cool. In this bear market I thought why not move some of my spare eth I have in wallets for transactions, in to some nfts, if i make profit i do, if i dont i dont, doesn't matter. Its same with this damn metaverse crap. I'm bored of hearing about it, because its absolutely nothing. Tell me when there is something to actually see. I have so many ideas I want to put forward for AR & metaverse mix Integration, I have framework for various ideas and think they could work. But stuff like this is trampling down on any desire to actually get started on it. I'm so done. SO DONE. with companies greed, We all know they've always been greedy, But this probably the first time in history where they really aren't even trying to hide their greed.

Mentions:#NFTS#APE#SO

I’m loading up on eth. I’ve brought a couple of NFTS I think have a potential. And in my cold wallet along with my eth I’m slowly collecting

Mentions:#NFTS

> Are <X> the future of NFTS? Almost certainly not. This reads like a web3 buzzword competition. - DAO - Governance - Organic Growth So in case anyone's actually serious about this, they're just a [Ripoff of Nouns](https://nouns.wtf/) which is a project that's been catching on. It's basically like all these people that are creating Shitpunks or Reverse Apes or whatever spinoffs of actual popular products, except in this case the people just [literally copied the nouns site](https://lilnouns.wtf/) and concept and called it a new project. LOL

Mentions:#NFTS#DAO

GIFs are the ONLY reason I have a premium membership. I'd also love for them to open a moon marketplace to buy NFTS and merch.

Mentions:#NFTS

I was talking about the NFTS :p

Mentions:#NFTS

Where is the best location to store NFTS? Also, how can I learn more about them?

Mentions:#NFTS

I don't know what an nft is? Sure thing buddy! I'm guessing you've just skipped over the part where I said I OWN NFTS THAT AREN'T JUST ART. NoOne here's acting like a Karen but you're getting close to the line. I'm saying yes you could use nfts for things things your saying but why? Why bother using an nft when you're going to need a centralised company to issue new ones for when you lose your seed or it gets stolen. It would make much more sense for it just to be a field in a database of a company somewhere taking up much less space. You're the one banging your first wanting everyone to use nfts for everything wether it makes sense or. Not. Stop being butt hurt because someone has a different opinion to you. This is the Internet, you'll have to get used to it sooner or later

Mentions:#OWN#NFTS#ART

Or said person buys NFT before and then seller never sends them the physical item. Its actually the dumbest thing ever to try and tie NFTS to physical items as the NFT has no governance over anything, it’s literally a receipt, which doesn’t even have to be honoured as there’s nothing legally binding about it.

Mentions:#NFTS

NFTs ticketing is a good use case for NFTS

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Have a check of pi protocol \[pi-protocol dot io\] (not a previous project with a close name) Defi, NFT marketplaces, NFT staking, Setting up a mini metaverse for treasure hunts (Nft reward is stakable) Have a token, which when ya convert into one of there stakable NFTS locks the liquidity (The larger NFTS can be only traded on marketplace - cant be dumped) Very active dev - open to discussion on any aspect

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Yup , these exchanges should just server as exchanges and not start making their own blockchains or launching own coins. Some exchanges are even making market place for NFT or even launching their own NFTS.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Where do I buy sonicobama NFTS?

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Oh no! Big companies are starting to use the scam NFTS.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

They're overpriced. People need to value their money more. It's one of the issues with the NFT space in general. We don't have proper demand due to wash trades, which creates an unrealistic value for said NFTS. People, stop buying things at such high prices to set reasonable floors for NFTS (and people wonder why **mass** adoption hasn't happened yet, hmmm can it be that things are unreasonable price, probably so).

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

I'm slowly arguing with someone about 9/11 GameStop NFTS, and I can't even afford them one is like $156,000 last I looked

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Hey thanks for the question the direct link is [https://www.decentra-list.com/decentralized-diary](https://www.decentra-list.com/decentralized-diary) Our Mian site is the [decentra-list.com](https://decentra-list.com) It include the List of DAOs, Decentralized Diary (Blog) and the List of NFTS (Coming Soon). \-John

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

This is the reason majority will hope into NFTS

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

What Telos has done for the NFT community is incredible, minting for pennies and fast! I agree that we are very early regarding the NFTS, I think that in the long run they will replace all paper documentation, making it easier to buy a property, a ticket, prove authenticity and how we are seeing it now, promoting art!

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

It will be interesting to see if ETH speeds up more once it merges to proof of stake. The fees are WAY better now, but it makes me thing about cryptos that can do the same thing with 0 fees. Interestingly enough, banano has made had a big community move recently where it looks as if it has (although an alpha) a way to build NFTS onto its block "latice" (no chains here) But damn Telos Mainnet really less than a second? Thats crazy. Its wierd how TLOS Gets very little noise around it, yet ETH/Sol/MATIC seem to be shouted about from the roof tops as the new age lol. Why is that? Is it because telos is built on EOS? Although i dont see why thats not shouted about from the roof tops either, In a climate where we are constantly worried about environmental impacts its weird the vast majority keep ignoring cryptos that objectively try to solve the issue.

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

Minecraft, Roblox are the real metaverses of gaming. NFTS are hot garbage.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

>I started with about 1K on January 2021 , DCA, flipped NFTS, coins and reached goal of 32 ETH with a bit of skill and luck. How? What resources did you research on to get started? I'm also into programming and I've web dev and ML stuff so should I try getting into blockchain dev? And also, wdym by the "clown market"

Mentions:#NFTS#ETH#ML

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

I started with about 1K on January 2021 , DCA, flipped NFTS, coins and reached goal of 32 ETH with a bit of skill and luck. I never listed to reddit or any subs or any YouTube guy OFC after the first few months , daily research and follow crypto like it's my religion. Being a software developer helped as I could study fundamentals and understand what is a shill and being build on weak foundations, Only advice I have for you is stack ETH , it's probably the last time or the last year one can stack ETH at low prices. keep building a portfolio with ETH if you plan to continue your crypto journey and once you have a decent stack explore DeFi . When the clown market comes your low cap coins if done right will change the game for you

Mentions:#NFTS#ETH

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

I'll throw NEAR out there. The technology is so far outstanding (true sharding) and as such the network has never gone down or had high gas fees so far as I know. There's a lot of building going on in al the usual areas (NFTS, DeFI, AppChains) although TVL is still low. I'm beginning to buy into the idea (mostly championed by the SOL community) that User-Friendly interfaces are the next "killer app" and NEARs native wallet is the best I've used, especially since it uses readable addresses natively (.near) and without a fee like .eth domains. Everything just works for the most part but if you really want to use Metamask, that's available too. Aurora is NEARs EVM chain and it works great, has 50 free transactions a month, and bridges easily to NEAR itself. Another thing I like is that it's US based, which used to be viewed as a negative because of regulatory risk, but given what's gone down with chains based in unregulated jurisdictions I think it will help the chain going forward. Yes they will be regulated, but they will be ready for it while other chains are going to face challenges complying. From an investment standpoint the tokenomics could be better but that's' really true of most newish L1s that aren't scams and really none of them will work out long term unless they have major adoption. I think NEAR is very well poised for that.

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

I lost trying to flip NFTS so I guess I know not to do that anymore lol

Mentions:#NFTS

I never really cared about NFTS. Then reddit introduced NFT avatars, and I still don’t care.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

It should probably (emphasis on the word 'Probably') only allow the transfer of that specific token. You'll never be 100% sure unless you review their contract and of course you need to then understand the code. If you no longer have any NFTS on that address and have no other tokens on that address then there is little point revoking the contract. If you have assets on the address and its a low transaction cost then revoking is just best practice (in my opinion). &#x200B; In general when you approve a contract you only approve it to spend one specific type of token. I have however started to hear of approvals for multiple tokens types and I'm unsure how that approval process would work but people are starting to comment on it happening (either that or I have misunderstood some posts). At the end of the day its a judgement call. I have a number of unrevoked contract approvals open for very popular DEXs but I then move my tokens from those addresses to other addresses if I plan to hold them for any length of time. I seldom leave any tokens in an address if it has an open contract approval....Im probably being slightly anal about that but better safe than sorry.

Mentions:#NFTS

#NFT Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the NFT Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > First published on: [30.11.2021](https://np.reddit.com/r/CryptoCurrency/comments/pfonjt/rcc_cointest_general_concepts_nft_proarguments/hmpq1xo/) > > Last edited on: 23.02.2022 > > NFTs, Non-Fungible Tokens, are tokens that have unique hash IDs. This makes it possible to always indicate the original one even if there are countless NFTs that look exactly the same. > > Think of it this way: you have two exactly the same copies of George Orwiell’s “1984”. But one of them is signed by the author. This makes the book with the signature worth much more than the other one. And it makes it non-fungible in a way: the signature is unique ergo the book is unique (or at least unique compared to all the books which weren’t signed by the author). But signatures can be faked, you might say. True, but it’s impossible to fake “signatures” on blockchain: blockchain stores all the data about minted (created) NFTs and this data cannot be altered. Therefore, **NFTs are an incredibly reliable tool when it comes to verifying ownership and legitimacy of various assets**, e.g. land, pieces of art, licenses, certificates and so on. > > In the case of blockchains like Ethereum, which are decentralized and well-established, you can be sure that [NFTs that you create on such blockchains are secure](https://www.artshub.com.au\/news/opinions-analysis/nfts-the-pros-and-cons-262268-2370580/) and no one can remove or modify them. > > What’s more, [NFTs can have their own smart contracts](https://medium.com/lansaar/nfts-and-smart-contracts-6c4c5516d5a0). You can e.g. add a smart contract for royalties – each time your NFT is sold/used, you will receive a royalty payment that you set beforehand yourself. And, again, the fact that **everything is visible on blockchain** makes it very transparent for any transacting party – everyone can take a look at/inspect the smart contract. An no one can alter it without your consent. > > NFTS can also be used for storing important data. Not only is the data safe on the blockchain from physical damage, but it also cannot be secretly modified since every change is recorded forever on the blockchain. > > Another interesting use-case for NFTs is **ticketing**. Any party organizing events can use NFTs to sell tickets that will be easily verifiable and impossible to fake. NFTs also eliminate the need of using third-party services, like e.g. Ticketmaster, and help to avoid paying high fees. > > NFTs suffer bad publicity due to bad actors (sometimes literally bad actors – looking at you, John Cena and Lindsay Lohan) who take advantage of the NFT hype, but in reality they are a very useful application of blockchain. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6snmt/general_concepts_round_nft_proarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_NFT) to find arguments on this topic in other rounds.

Mentions:#NFTS

>HOW DOES THAT INCREATE THE VALUE OF THE STUPID SERIES OF NFTS that currently are in the nft market? I will assume you said "how does that icnrease the value of the supid series of nfts that are currently on the nft market" Ugh, it doesn't? That is like saying how is a website about dogs and cats going to increase the value of a business website offering solutions to help scale small businesses. It doesn't. It's not meant to, there is no relation to each what so ever.

Mentions:#VALUE#NFTS