![]() For example, you cannot trade your house for another house. Non-fungible means that something is unique and cannot be substituted for another item in its category. So, a silver dollar is fungible because you can trade it for another silver dollar. NFT stands for non-fungible token.įungible means something that’s exchangeable for something else of equal value. How to use NFTs to generate brand awarenessĪccording to a survey by Finder, more than 70% of Americans don’t know what an NFT is.In this tell-all guide, we share the top NFTs by volume traded (for inspiration, of course) and then break down the five simple steps for how to create your very own NFT and use it to build brand awareness. But the creative process is more achievable than it sounds. In 2021, there were $41 billion in cryptocurrency transactions across NFT marketplaces.Ĭreating your own NFT sounds like an impossible task, especially without coding, designing, or blockchain experience.
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