nft55

A lot of people are looking for ways to get involved in the blockchain movement, a decentralized encrypted ledger that keeps a record of digital transactions without the need for a financial institution or central authority. One way you can get involved is by purchasing items from companies who sell them with Bitcoin, Litecoin, Ethereum and other cryptocurrencies through what is called an Initial Coin Offering (ICO). image source: decrypt.co However, many people don’t know how they can purchase these tokens without going through this process, or how they can even use them. You may have seen cheaper prices advertised on items from these ICOs if you pay by cryptocurrency rather than dollar currency. image source: cryptoslate.com NFTs are founded on ERC721 tokens, meaning that if you want to create your own, you’ll need to know how to create tokens. You can do so by creating a smart contract using open-source blockchain development platforms like Ethereum, Stellar, or Quorum. image source