5 Things to Know About NFT, a Promising Digital Investment Asset!

Kapanlagi.com - The digital era now creates a new gold mine in the form of data and analysis. Investment based on digital technology is increasingly popular, such as Non Fungible Tokens or commonly known as NFT.

NFT itself is a digital asset based on blockchain technology that is popular in the crypto world. Interestingly, NFT also offers great benefits for creators, musicians, influencers, and other creative industries. Even the legendary rapper Eminem was recently reported to have purchased an NFT asset worth USD 450,000. Later, this digital asset content will be related to the blockchain that supports cryptocurrencies such as Ethereum or Bitcoin. Interested in investing in NFT? Let's find out these 5 important things!

Understanding Non Fungible Tokens (NFT)

Don't rush to decide to invest through NFT. Understanding is the key to successful investment in blockchain technology like this.

NFT itself is a digital asset that serves as proof of ownership of goods and can be purchased with cryptocurrency. Simply put, NFT is a digital asset that represents unique and irreplaceable items and sets. Each NFT transaction is recorded through data in the blockchain, which contains information such as the creator, price, and ownership history of the NFT.

Functions of NFT Assets

NFT has gained popularity since its launch in 2017 due to its unique characteristics. This digital asset plays a role in the art industry by providing the necessary security for publicly available works online. The presence of NFT and blockchain provides artists with assurance of ownership, including protection against plagiarism.

Not only creative works and content, NFT also caters to digital hobbyists and collectors. Digital items and collectibles can have a valuation of millions of dollars in NFT. This creates a new entertainment scene that not only brings joy but also generates financial benefits.

Differences between NFT and Other Crypto Assets

While NFT, Bitcoin, Doge, and other digital assets are rapidly growing and popular, NFT still has distinct differences that certainly satisfy both general investors and creators.

NFT is an asset that has a different purpose, form, and usage compared to others. Regardless of the similarity of being related to cryptocurrency, NFTs have different valuations.

For example, 1 Bitcoin is valid and valuable and can be exchanged for 1 Bitcoin. Meanwhile, NFTs do not have the same value. Each NFT has a unique digital signature that cannot be easily exchanged or equated with other NFTs. Therefore, anyone who owns an NFT has full ownership rights.

Choosing the Right NFT Market for Investment

Choosing the right market for NFTs can be tricky and easy at the same time. There are many types of markets to choose from, each with different specializations. For example, OpenSea is the largest and most popular NFT market in the world.

After finding the right market, affiliate your funded cryptocurrency and upload your digital documents. If you are interested in monetizing your activities passively over time through royalties, you can set the amount of royalties during the printing process.

Investing with NFT

After choosing the market and your NFT documents have been printed, you will be given the option to list them for sale. Note that if you transfer or sell NFTs on other markets, you may be charged additional fees.

Click the "Sell" button and follow the instructions. Here you can provide details about the transaction such as the price and auction deadline, as well as the cryptocurrency that NFT buyers can use for payment.

Later on, the market will calculate gas fees at this stage, which are the Ethereum blockchain network fees for recording transactions. Gas fees can vary depending on how busy the blockchain network is at the moment. The market will also automatically include fees to handle the sale, including a percentage of the final NFT selling price.

After all the initial stages are completed and your NFT is available for purchase in the market, the final step is to promote it to potential customers through your website or social media. Like any other marketing, the right marketing strategy can make your digital asset sell well.

In addition to cutting-edge gadgets, digital investments also require a smooth, stable, and of course, generous data quota. Don't worry, there's the MAXI Unlimited Internet Package from Smartfren, which is the champion of unlimited internet. You are free to access the internet all day, including selling and promoting your NFT assets.

What's interesting, Smartfren Unlimited MAXI also provides extra Unlimited Night Full Speed ​​which is valid from 01.00 to 05.00. There are various unlimited internet packages for your needs, such as MAXI 7GB for satisfying internet usage for 7 days, as well as LITE 14GB and PRO 21GB for unlimited internet usage for 28 days.

Not only that, Smartfren also holds an interesting program called #RejekiWOW with amazing prizes! You can win prizes such as SmartPoints, credit, smartphones, tablets, TVs, laptops, gold, and even a motorcycle. Reach all the oases and get a chance to win the Grand Prize in the form of a car and hundreds of millions of Rupiah and gold savings.

It's easy to participate, download and update the mySF application and make accumulated transactions of 100 thousand for each Oasis to get direct prizes. Hurry up and join the #RejekiWOW Treasure Hunt Program Period III, which runs until January 31, 2022. Find complete information by clicking here!

(kpl/jef)