Introduction

What are NFTs?

What are the basic uses of NFTs, why were NFTs created?

The advantages of NFTs as non-fungible tokens but they are expandable and evolving.

The options available to you after purchasing NFTs

Conclusion

Introduction

Let's say you have purchased an NFT or you already own one now, okay? What's the next step? And how can I benefit from these NFTs and how do I deal with them?

Recently, we have seen a lot of news about NFTs, and we have been divided into several sections: some of us have not understood what it is yet, another part knows a little but has not ventured into the world of blockchain and buying NFTs, and others have already started buying, storing, designing and selling these tokens, and the brave part remains, which has already invested huge sums of money in building companies and markets for selling and creating NFTs. By the way, which part do you consider yourself to be?

What are NFTs?

If you are in the first and second categories, here is the easiest and simplest explanation of non-fungible assets (NFTs). They are a form of digital ownership. You have a contract stating that you are the owner of this asset, whether it is in the virtual world (a picture, a song, a design, an avatar, a tweet, etc.) or the asset is real (a property, a passport, a painting, etc.). You keep the asset in your digital wallet, and you can display and sell it in NFT markets.

Of course, buying and using NFTs depends on the person's awareness and desires in the world of decentralization. Also, uses differ from one person to another and the purpose behind this use differs (fame, investment, art, flattery, technology, services and benefits). However, this field will certainly continue to advance and spread in the near future, and things will become clearer and it will be easy for you to know the difference between the purpose of use and the benefits provided with each non-fungible token NFTs.

What are the basic uses of NFTs, why were NFTs created?

NFTs were created to solve many of the problems that web users suffer from, the most important of which are copyright, publishing, artistic and literary theft, and also to make it easier for us to use the web and move it to the next stage, which is Web 3. Here are the most important reasons that encourage you to enter the world of NFTs

Representing physical assets digitally (real estate, artwork, identification documents) You can get a smart contract on the blockchain that proves that you own these assets in the digital world, i.e. an NFT contract for your home or even a passport. A question may come to your mind: What is the benefit of me owning a digital contract for a physical thing that I own, right? The benefit is that it is protected by the blockchain and it is impossible for anyone to steal it or claim that it is yours, so it is easy for you to manage your identity and move around the entry and exit points while you are carrying your passport in the form of an NFT. You can also prove your identity within Web 3 with ease. On the other hand, the world of the Metaverse is developing terribly and people have begun to seek to own material things to represent themselves in front of Metaverse communities and to prove that they are keeping pace with such developments.

2. Create communities for each field, for example, you can buy a sports shoe in the form of an NFT from Real Madrid Club and then you can join the NFT community of the Royal Club and get to know them and talk to the artists and share your opinions and even participate in the club's future decisions as well. This means that a link is formed between you and the club's players and fans who own the NFT. This helps you get to know new people and opens up many areas for you.

3. Remove intermediaries such as banks and governments and facilitate transactions and transfers, but most Arab countries and some countries set limits on these policies and do not allow you to link your bank account to the crypto wallet account. Don't worry, there are many ways to enter decentralization and buy assets.

4. Create new markets and increase the power of the digital economy. With your NFT, you become able to invest in markets from all over the world and generate income while sitting at home or traveling in the Maldives! Yes, you don't have to travel and display your product or search for a middleman or embassy to be able to reach a specific category, today all you need is an NFT code and you can enter any market and get to know new buyers and sellers and choose the most suitable for you.

Advantages of NFT as non-fungible tokens but expandable and evolving.

As I mentioned earlier, NFTs are non-fungible tokens on the blockchain, meaning that it is impossible to find an example of each token and it is not possible to divide or fragment, but the advantage is that you can build on it or combine NFTs with NFTs to produce a new NFT! Just like the logo and construction game, you can benefit from NFT in many areas a