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Cryptogambling / 5 Things You Didn’t Know about NFTs

5 Things You Didn’t Know about NFTs

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Sven Kurz
Publish Date: 30/12/2022

Are you new to the world of non-fungible tokens, or NFTs? These unique digital assets have been making headlines recently for their ability to turn digital art and collectibles into one-of-a-kind, ownership-verifiable items. But there’s a lot more to NFTs than just digital art. In this post, we’ll explore some of the lesser-known facts about NFTs that will make you want to start collecting today. From edible NFTs to charitable causes, the world of NFTs is full of surprises. Let’s dive in and learn more!

Edible NFTs

Did you know that some NFTs are actually edible? That’s right, there are NFTs made of gummy bears, chocolate, and even bacon! Talk about a tasty investment.

Physical Collectibles

NFTs aren’t just for digital art anymore. You can now buy NFTs for physical objects, like a pair of sneakers or a collectible toy. Just make sure to keep them in a safe place so they don’t get eaten by the gummy bear NFTs.

Animal Themed

NFTs are becoming so popular that even cats are getting in on the action. That’s right, there are now NFTs featuring feline art and even a virtual cat breeding game. The internet just got even more cat-obsessed.

Experiences

NFTs aren’t just limited to the world of art and collectibles. Some musicians are now using NFTs to sell limited edition audio recordings and even live concert experiences. So not only can you own a unique piece of digital art, but you can also own a one-of-a-kind concert experience.

Charity

And finally, the most surprising fact of all: NFTs can actually be used for good! Some organizations are using NFTs to raise money for charitable causes, with all proceeds going to important initiatives like environmental conservation and medical research. Who knew that collecting digital art could have such a positive impact on the world?

While these facts might not be news to die-hard NFT enthusiasts, or “degens” as they’re affectionately known, they might be a surprise to those who are new to the world of NFTs. So if you’re an NFT degen, feel free to share this post with your friends who are just getting started with NFTs. They might be amazed by these little-known facts and want to dive even deeper into the exciting world of NFTs. Happy collecting!

Legal Notice Finance Legal Notice

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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