Living in this day and age, you’ve surely heard about investing in NFTs. 

But what are they exactly? 

In this video, you’ll discover the first 3 things you need to know BEFORE purchasing NFTs from the business innovator, leader, and award-winning influencer, Lee Richter. 

Key points covered in this episode: 

✔️ What is an NFT? Non-fungible tokens, or NFTs, are a new form of digital ownership. They provide the ability to identify something as an individual, unique item. The good news is you don’t need to be a digital artist to succeed in the NFT business.

✔️ What does it mean to be non-fungible & what is a token?

A token is a digital asset that exists on the Blockchain. Many people use the Ethereum Blockchain however, there are many more options like Cardano, Solana, Openchain, Iota and many more. 

✔️ What are Smart Contracts? 

In the NFT world, smart contracts allow verification. So when you're thinking about working with banks or transferring money, a part of what they're doing is verifying it's actually you. What's beautiful about a smart contract is it can be built into your NFT. It builds into the contract that upon reselling the artist or the person who made the smart contract continues to get paid.

Learn about NFTs and with the best timeline resource here: https://nfttimeline.com/

Here’s a list of the top NFT Platforms right now:

• OpenSea.
• Mintable.
• Rarible.
• Foundation.
• SuperRare.
• AtomicMarket.
• Async Art.
• NiftyGateway.

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