Hi, I’m Saad Sheikh. I’m a software engineer living in United Kingdom. I am a fan of NFTS, technology, and Marketing. I’m also interested in blockchain. You can read my blog with a click on the button above.

NFTs, which present digital or physical works of art on the blockchain, eliminate the need for agents and allow artists to connect directly with their audience.

Saad Sheikh United Kingdom A work created with any digital or even traditional medium can become an NFT.

However, there are times when an artist will use blockchain and smart contracts to create the artwork itself, and only in these cases are NFTs a vehicle.

Saad Sheikh NFTs can be used to create an artificial scarcity of a digital creative work by creating only an NFT of that work with a unique signature.

NFT is a unique digital token, most of which use the Ethereum blockchain to digitally record transactions. It is not a cryptocurrency like bitcoin or ether because they are fungible, they can be exchanged for another bitcoin or cash.

Saad Sheikh United Kingdom Well, just like cryptocurrencies, NFTs are stored in digital wallets (although it's worth noting that the wallet must be specifically NFT-compatible).