What is an NFT and how can YOU start making money?

What is an NFT and how can YOU start making money?

Assessment

Interactive Video

Arts

10th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

This video tutorial explains NFTs, or non-fungible tokens, highlighting their uniqueness and importance in digital ownership. It guides artists on creating and selling NFTs by linking a cryptocurrency wallet to a marketplace. The process involves uploading artwork, creating a token as a certificate of authenticity, and waiting for bids. Payment is received in cryptocurrency, while the buyer gets the NFT file.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the role of a digital cryptocurrency wallet in the NFT marketplace?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the process of selling an NFT after creating it.

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