What are Non-Fungible Tokens (NFTs)- Read this before you spend on one.

Gamerevv
3 min readFeb 11, 2022

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Photo by Andrey Metelev on Unsplash

There is a popular misconception about what Non-fungible Tokens are and why people are spending so excessively on them. A lot of people think NFTs are just pictures and artwork but NFTs are nothing close to that.

So at this point, you’ve probably popped the mental question “What are NFTs” and why should I care about them?

Simple things first: NFTs are simply certificates that represent ownership and access on the blockchain.

…Read this to learn the blockchain

Think of NFTs as a ticket to your favorite concert. Without a ticket, you can’t gain access. The ticket is like an NFT. It can be sold out, resold to someone at a higher price if they keenly need it. (Continue reading to learn how to earn real money with Gamerevv’s NFT.)

NFTs (Non-Fungible Tokens) could be digital drawings, videos, music, stickers, etc. NFTs are one of the most popular topics in the world today, so if you’re interested in learning more about them and how they function, stick with us as we dive in.

Benefits of NFTs

Anyone can use NFTs for any type of digital work. NFTs provide digital work a sense of security that distinguishes it from other works. With this, every creator can feel more at ease. NFTs enable authors and digital creators to claim full ownership of their work without fear of plagiarization.

NFTs give artists and their digital works all across the world a voice and a sense of worth. If you’re an artist who has made stunning digital artwork and don’t want someone else to claim or steal it, then NFTs is a great way to do so.

When an artist sells his or her NFTs, the buyer becomes the owner, but the buyer is never considered the primary inventor of the NFTs. The work can be traced back to its originator. NFTs give an author’s work worth and respect.

Relationship between NFTs and Blockchains

NFTs exist on blockchains. Some of these blockchains are Ethereum blockchain, Binance smartchain, Solana blockchain, Zilliqa blockchain, Tezos blockchain, Cardano blockchain, etc. These blockchains give NFTs identification codes and metadata that makes them uniquely identifiable like a fingerprint. It is like a digital signature attached to a work making it non-replicable and authentic.

Online platforms for purchasing and selling NFTs

Creatives such as authors, game developers can use NFTs to show off their work to a big audience. Opensea, Gamerevv, Rarible, Foundation, Nifty gateway, NBA Top Shot, SuperRare, BakerySwap, and others are among the different online platforms that act as a marketplace for NFTs.

Since 2014, NFTs have grown in popularity and have touched a large number of people. Many gamers and developers are taking advantage of this fantastic opportunity, but others are still unaware of the security and unique properties of NFTs. The world has accepted this information and lots of people are putting it to good use. Here’s how you can become a part of it.

Become a part of the Gamerevv community and earn real money with your own NFT.

Revv citizens are NFTs issued to new users of the Gamerevv ecosystem. These NFTs give users an identity and access to many upcoming blockchain games currently in development and are also exclusively available to Gamerevvers (Gamerevv users).

Our development team is working on giving users the autonomy to create how they want their NFTs to look in 3D. Revv citizens can also be used as avatars and with them, you can play fun-filled blockchain games and earn real money.

What is Gamerevv?

Gamerevv is a website and platform backed by the economics of GAV utility tokens known and responsible for building game applications to enable you to earn in cryptocurrencies as you play or participate in any of its games. Gamerevv is a trusted gaming platform where gamers and game publishers connect worldwide to play and trade. https://www.gamerevv.com

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Gamerevv
Gamerevv

Written by Gamerevv

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A website & platform backed by the economics of GAV utility tokens known and responsible for building game applications to enable you to earn in cryptocurrency

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