How to set up your web3 wallet and start your NFT collection

<p>An NFT (<a href="https://umoja.foundation/blog/what-the-fungible-is-an-nft" rel="noopener ugc nofollow" target="_blank">non-fungible token</a>) is a digital object (for example, a piece of art, animation, or voice memo) that is uniquely coded and immortalized on immutable blockchain technology, so its whereabouts, authenticity, and ownership are forever known and verified. NFTs can be sold and traded, but they can never be duplicated, substituted, or subdivided, meaning the NFT retains its value as an original.</p> <p>In real-world terms, it&rsquo;s as if Leonardo da Vinci painted five exact copies of the Mona Lisa and distributed each one, registered and signed, to five separate parties. Now each of these parties owns a legitimate version of the Mona Lisa. Let&rsquo;s say one of these original versions gets passed down to you. Even if print copies are made and sold, nobody could pass off a print as an original Mona Lisa &mdash; that&rsquo;s where &lsquo;non-fungible&rsquo; comes in, meaning that your piece (or &lsquo;token&rsquo;) is unique and distinguishable.</p> <p><a href="https://medium.com/@umojafoundation/how-to-set-up-your-web3-wallet-and-start-your-nft-collection-28f831c5c9fc"><strong>Read More</strong></a></p>
Tags: NFT Collection