When it comes to NFTs, many people are still a bit unfamiliar. In simple terms, an NFT is a non-fungible token—each one is a unique digital asset secured by blockchain technology to ensure ownership.
Unlike regular tokens, NFTs have a unique identifier. You cannot divide an NFT into smaller units, nor can you replace it with another NFT. Because of this uniqueness, NFTs have become an ideal medium for digital art, collectibles, and even virtual real estate.
For creators, this is actually a big opportunity. In the past, if you created a piece of artwork or music, you would either sell it through galleries or platforms, or have middlemen take a cut. But with NFTs, creators can directly mint their work as an NFT and sell it on the market—completely bypassing intermediaries. Even more exciting is that many NFT platforms support royalty mechanisms, meaning you can earn a percentage of each resale of your work. This can be a significant change for long-term income models.
Currently, mainstream blockchains like the BNB ecosystem, Ethereum (ETH), and Solana (SOL) are supporting the development of NFTs, and the infrastructure is becoming increasingly complete. The application scenarios for NFTs are also continuously expanding, from virtual art to gaming assets, with a lot of room for imagination.
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MelonField
· 17h ago
The royalty mechanism is really attractive, but it still depends on whether the royalty is actually being enforced...
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CountdownToBroke
· 17h ago
The royalty mechanism sounds good, but is the actual trading volume really that high?
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TerraNeverForget
· 17h ago
The royalty mechanism is truly the ultimate, equivalent to perpetual income. Make a one-time effort and benefit for a lifetime.
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GasWhisperer
· 17h ago
nft royalties sound nice until you check the gas fees on eth... suddenly that percentage cut gets evaporated by mempool congestion. solana's cheaper but the liquidity? thin as hell. the real arbitrage is timing your mints right now.
When it comes to NFTs, many people are still a bit unfamiliar. In simple terms, an NFT is a non-fungible token—each one is a unique digital asset secured by blockchain technology to ensure ownership.
Unlike regular tokens, NFTs have a unique identifier. You cannot divide an NFT into smaller units, nor can you replace it with another NFT. Because of this uniqueness, NFTs have become an ideal medium for digital art, collectibles, and even virtual real estate.
For creators, this is actually a big opportunity. In the past, if you created a piece of artwork or music, you would either sell it through galleries or platforms, or have middlemen take a cut. But with NFTs, creators can directly mint their work as an NFT and sell it on the market—completely bypassing intermediaries. Even more exciting is that many NFT platforms support royalty mechanisms, meaning you can earn a percentage of each resale of your work. This can be a significant change for long-term income models.
Currently, mainstream blockchains like the BNB ecosystem, Ethereum (ETH), and Solana (SOL) are supporting the development of NFTs, and the infrastructure is becoming increasingly complete. The application scenarios for NFTs are also continuously expanding, from virtual art to gaming assets, with a lot of room for imagination.