In order to be able to explain what Non-Fungible Tokens are, we need to break down the words that compose it:

• Fungible: this word represents a property, and gives something interchangeability. An example would be the fungible Dollar bill, since you can give it to someone else without its core or value changing.
• Token: cryptocurrency tokens are cryptocurrency assets, that represent something other than a monetary value. An example would be loyalty points, ownership of something else…Think of it as a stock, but instead of having ownership in a company, it can be ownership in anything else.

NFTs are basically digital ownerships tokens, that run on blockchains that support smart-contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can't interchange them as their underlying “contract” changes with each one, hence their non-fungible nature.

As mentioned, Ethereum is the most popular network for creating non-fungible tokens. Ethereum was also the first platform to support NFTs, the majority of investors use them by default. But how much does it cost to create an NFT on the Ethereum blockchain? Seasoned investors remember the days when there was a $50 to $100 transaction fee for minting a single non-fungible token, depending on the time of day and the price of ETH. But that's no longer the case, and popular NFT marketplaces have found a way around these fees. Today, NFT artists can create their non-fungible tokens for free on the Ethereum blockchain.

If you want to create an NFT on Ethereum, you can use one of the most popular marketplaces like Rarible, OpenSea or Mintable. Once the wallet is connected, you can create a new non-fungible token and choose between normal minting or delayed minting. This is the first option when it comes to the cost of creating your Ethereum NFT.

However, in order to create and sell your own NFTs, you must meet a few requirements. The prerequisite is that you own the ownership of the artwork that you wish to sell in the form of an NFT. Otherwise, buyers will be deceived. However, the NFT portals themselves usually do not check this, simply because the check would take a long time.

You also need a certain amount of ETH to pay the fees. Since most non-fungible tokens are currently based on the Ethereum blockchain, buying ETH for these uses is recommended.

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Dynamic NFTs are data responsive and connected to existing infrastructure. The next evolution of NFTs is moving from static NFTs to dynamic NFTs, perpetual, smart contracts, such as those used by Chainlink with its oracles to communicate with and respond to external data and systems. Chainlink Oracle allows NFTs to use external data/systems as a mechanism to create/replicate NFTs, peer-to-peer trading and status checks.

One of the latest NFT trends is NFT staking . Holders receive a “staking reward” for staking NFTs. NFT staking is a promising subset of DeFi that can solve a number of issues related to NFT trading. Most importantly, it offers NFT owners the option to generate tokens with their NFTs without ever having to sell their creations.

If you want to buy NFTs, you can do this via trading platforms. As with all blockchain apps, the security of one's NFT wallet is paramount, and losing it is a major risk. For example, MetaMask is a crypto wallet that supports all types of Ethereum-based tokens. MetaMask can serve as a regular crypto wallet, but its real strength lies in its seamless connection to smart contracts and decentralized applications. MetaMask values ??data protection, encryption and is also open source.

Non-fungible tokens can be used where virtual goods are assigned a token. This applies, for example, to music, digital art, or individual objects in computer games. Other popular use cases are:

• Metaverse NFT Use Cases : Because the Metaverse works just like the real world and involves real human participation, things like identity verification, asset transfers, and forms of exchange are required. This is where NFTs come in, as they offer all of this and more in the Metaverse.

• Play to Earn : When the tokens are connected to blockchain networks, in-game assets become transferrable and can be traded outside of the game. Any digital asset can be turned into a non-fungible token. This capability transforms blockchain games into play-to-earn (P2E) games. Play-to-earn is a game model that allows players to earn real money or other rewards while playing.

• Other NFT use cases are in the Player vs. Player segment or PVP. This type of game refers to a mode in multiplayer computer games in which two or more players or groups of players compete against each other. The term is practically only used for games that are primarily designed to be played together and offer different options. In PVP mode, participants can earn non-fungible tokens.

CryptoPunks are among the first projects in the field of NFTs. Software engineers Matt Hall and John Watkinson created exactly 10,000 CryptoPunks in 2017. Many of these CryptoPunks have now been auctioned for amounts in the millions and are among the most expensive NFTs.

The most expensive CryptoPunk was the so-called CovidAlien, an extraterrestrial with a face mask. The pixelated head changed hands for $11,754,000. The pandemic will have been a real price driver.

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OpenSea , the flagship NFT trading platform, hit a record nearly $5 billion in volume in January with over 500,000 active traders. As the leading firm consolidates its monopoly position, small platforms stand little chance of making headway in the Ethereum-based NFT market. However, LooksRare seems to have found a way out with the so-called vampire attacks. Vampire attacks are a common practice to move users, and therefore liquidity, from one platform to another. For the transition, beginners usually receive an amount in tokens. So the vampire attack is platform piracy that lures users with a bonus system. Not illegal or awesome, but powerful as evidenced by LooksRare's growth numbers.

The Bored Ape Yacht Club is one of the collections of NFTs released during the heyday of the NFT hype. Because of this, many celebrities and brands have gotten their hands on this NFT collection. Bored Ape Yacht Club has launched in 2021 with unique images of monkeys.

The BAYC collection is already known in the media as one of the most famous collections of all. In December 2021, Bored Ape Yacht Club overtook CryptoPunks as the most expensive NFT. Bored Ape, along with other character-based NFTs, is "a status symbol for owners who regularly use their animated creatures as social media avatars."

According to CryptoSlam, the collection has amassed around 11,000 unique owners since its inception. On average, a bored ape was sold for 84 ethers, or about $344,000. Companies have been encouraged to buy Bored Ape NFTs. For example, Adidas bought one in September 2021. Many online media have reported on celebrities who collected BAYC in late 2021 and early 2022. Shaquille O'Neal, Eminem, Gwyneth Paltrow, Snoop Dogg, Stephen Curry, Mark Cuban, Post Malone, Paris Hilton, Serena Williams are among the celebrities who can call themselves BAYC NFT owners.

One of the most interesting news in the updated Bored Ape Yacht Club roadmap is a huge event. BAYC, Cyberkongz VX and Sandbox are said to be involved in this. There will also be a real meetup in Miami, this time exclusively for BAYC members. The Bored Ape Yacht Club roadmap continues to bear fruit!

Doodles NFT is a collection of 10,000 NFT doodles, portraying different characters such as cats, little animals, people, and even aliens. They are sketched in a hand-drawn way, depicted in a light and fun way. This project came to life thanks to 3 main founders: Evan Keast, Scott Martin, and Jordan Castro. They recently launched their space Doodles, with the main theme revolving around...space.

Each Doodle has its own breakdown of 5 stats:

• Piloting
• Mechanical
• Stamina
• Bladder
• Vibe

MUTANT APE YACHT CLUB is a collection of 20,000 mutant monkeys that can only be created by influencing an existing Bored Ape with a flask of MUTANT SERUM, or by minting a Mutant Ape at a Public Sale.

To date, MAYC NFTs have had impressive results, not to mention their insane sales. According to DappRadar, the collection's all-time sales surpassed $847 million. Meanwhile, its minimum price reached 19.35 ETH, or around $60,000. No wonder they currently rank ninth among NFT collections in terms of all-time trading volume!

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Aavegotchi is a Tamagotchi-inspired blockchain NFT game. Aavegotchi itself is available as an NFT. Each Aavegochi is unique and has individual characteristics. The more unique Aavegotchi's traits are, the rarer and more valuable it is. Aavegotchi allows users to create rare collectibles that they craft by depositing DeFi assets as collateral. These DeFi assets reside on the Aavegotchi lending platform. 

$GHST is the Aavegotchi ecosystem's default utility token and serves to unlock portals, wearables, and consumables. A small portion of $GHST token transactions go to AavegotchiDAO members to encourage smart decentralized governance. 

RTFKT-Clone-X is the first release in "a broad ecosystem of high-quality PFP avatars that enable the Metaverse. If you are looking for an NFT avatar that you can take anywhere, this is the right choice. Besides this interesting fact, one of the reasons for the success and great value of RTFKT-Clone-X is that the buyer can modify the characteristics of the NFT by accessing its 3D file and with the project of the famous artist Takashi Murakami's work.

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The Sandbox opens up a decentralized, virtual gaming world and is powered by the world's largest crypto exchange, Binance. Thousands of individual NFTs can be found in the sandbox world.  The blockchain-based game allows players to create and monetize their own individual gaming experiences.

The sandbox game was developed in 2012 by the studios Pixowl and Animoca Brands. The video game was initially released for iOS and Android smartphones. It is a voxel-based game that uses polygons to graphically represent the game world. The world's most famous example of such a game is Minecraft.

Within the game world of the blockchain version of The Sandbox, gamers can purchase so-called parcels with digital currencies. One of these parcels is the LAND token, which represents 96 square meters of land in the game world. The LAND token is based on the Ethereum token standard ERC-721.

Players can then build their own objects on their properties or even develop their own smaller games.  The gamers own their creations. They are their own NFTs and therefore their unique digital property. More information about Non-Fungible Tokens (NFTs) here . 

Decentraland is a virtual world running on the Ethereum (ETH) network. Users can buy plots of land as NFT because they are stored as non-fungible tokens and then build on them. Decentraland MANA is one of the biggest NFT trends. Essentially, Decentraland is a virtual world. It is browser-friendly and available for free. Users first create an avatar and can use it to enter the world. Decentraland doesn't have the fixed objectives or gameplay loops typical of video games. This is the biggest difference between a game and a Metaverse world like Decentraland: the latter contains very different themes and features, with no specific goals or reward systems running throughout the game.

Instead, content in Decentraland is created entirely by the community, such as mini-games or 3D scenes. Therefore we speak of a decentralized platform, as the name Decentraland suggests. Likewise, players can simply use the virtual world as a place to learn, explore, or for commercial purposes. The technical background is also worth mentioning: Decentraland is a blockchain platform based on the cryptocurrency Ethereum.

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News recently broke that a student from Indonesia became a millionaire with an NFT selfie. Can you do something like this too? Earning millions with NFTs is of course difficult and requires a bit of luck. However, if you have a creative streak and want to create digital artworks yourself, we advise using solid NFT platforms. Let's quickly recap what NFTs are, and recommend the best NFT marketplace around.

NFTs are basically digital ownerships tokens, that run on blockchains that support smart contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can't interchange them as their underlying “contract” changes with each one, hence their non-fungible nature.

You might be asking, what’s the use of NFTs if those applications are already being used? Well, the keyword is “decentralized smart-contracts“. There’s something to that word that makes you feel….secure, no? Here is a list of real-life applications:

• Identity Management
• Artwork
• Real Estate
• Media and Entertainment
• Gaming

OpenSea is now the largest of the NFT platforms. The platform allows you to create, trade, buy and sell digital artworks. OpenSea offers a variety of different collections, in which some NFTs are sold for the equivalent of several thousand euros.

OpenSea was founded in 2017 and has now replaced Rarible as the number 1 among NFT platforms. Nowhere else will you find such a wealth of different collections. The platform is extremely easy to use.

Rarible is also one of the largest NFT platforms. Rarible used to have a larger trading volume than OpenSea. Nevertheless, on Rarible you have a good opportunity to create your own NFTs and offer them for sale within a collection.

Rarible has a strong individual focus on the artists. The creation process for NFTs is very convenient and individual. With its broad support for multiple blockchains, Rarible is a key competitor for OpenSea.

FTX is one of the largest crypto exchanges in the world. In October, FTX began offering NFTs based on the Solana blockchain. These NFT collections caused quite a stir last year. Meanwhile, FTX has already topped up its NFTs with Ethereum-based collections.

FTX NFT is among the NFT platforms that are relatively new. As a new feature, the main platform FTX continues to push its new collections. You can also offer your NFTs here and, with a lot of luck, earn large sums with your own collections.

Blockchains games based on NFTs first received widespread attention in 2021. Many believed that non-fungible tokens could be the future of the gaming industry. With the rise of Axie Infinity, NFT games became a hot topic thanks to mainstream media. In fact, highly popular NFT games often have their tokens soaring in valuations. Let's talk about 5 NFT-based blockchain games that could take off in 2022 and make millions, that's if you decide to invest in them ;)
----> NFT GAMES 2022 <----

DeFi Kingdoms comes from the hands of developers who are very interested in investments. The game was created as a visualization of Liquidity Pool Investments, in which "gardens" in the game represent token pairs and Liquidity Pool Mining. The portion of a player's liquidity pool is represented in the game as a pot with flowering plants. The game's utility token, JEWEL, has seen a value increase of nearly 1,500% since September. DeFi Kingdoms should be one of the NFT Games 2022 list.

Guild of Guardians is one of the most anticipated NFT games for 2022. It was built on ImmutableX, the Layer-Two Solution on Ethereum that specializes in NFTs. It is a free-to-play online role-playing game. Similar to Axie Infinity, in-game assets can be exchanged. At the token launch, the game generated nearly $ 10 million. In the game, players can purchase the Guild of Guardians (GOG) token. This should soon have new areas of application with staking and liquidity pools.

Proof-of-picture (PFP) NFTs allow users to create their own avatars. You can have these avatars fight each other at Galaxy Fight Club. This crazy concept could become one of the top NFT games for 2022. The game will launch on the Polygon Blockchain and has already entered into partnerships with several well-known Avatar NFT collections. However, the game is still in beta testing and should be fully launched in the first quarter.

Cryptobeasts relies on a retro nostalgia feeling, which is reminiscent of the original Zelda game. The actual "cryptobeasts" come from 10,000 pixelated, colorful eggs. Players can purchase these rare eggs with Ether. The price for the most expensive “Rare Egg” was previously around 5 ethers. The current entry price for Cryptobeasts is currently 0.05 ether. Cryptobeasts should be another interesting NFT game for 2022.

Last but not least, we shouldn't ignore an established game. In 2022, too, Axie Infinity should be one of the NFT games that will continue to generate enormous interest and continue to grow. It has arguably the most mature ecosystem of all NFT games to date. At Axie Infinity, players can breed their own digital creatures, the Axies, trade them, or even have them fight each other. Axie Infinity has already established itself as one of the top collections in the NFT area and already stands out in terms of value from NBA TopShot and Splinterlands.

You can purchase many of the tokens mentioned here on the  Binance ,  Coinbase ,  Kraken  and  Bitfinex crypto exchanges.

The year 2021 was a great year for Non-Fungible Tokens. Many crypto enthusiasts went into buying and selling NFTs, and managed to make fortunes. Despite their relatively new appearance, the mainstream media knew how to push those NFT success stories. They did so of course to seek clicks and views. On the other hand, there are many developments to watch out for in 2022. If we manage to reach them, NFTs can become even more mainstream. Let's talk about those 5 NFT trends that should occur in 2022.

When it comes to intellectual property, large corporations like Disney tend to own the rights to created characters. With NFTs and blockchain, the rights to a work of art can be shared without the author losing his entitlement to compensation. This means that works and collections can be branded by an entire community. In 2022, the large companies could therefore be interested in marketing their products through this community.

Gaming and NFTs is a symbiosis that found its way more and more into the crypto world. Especially in the metaverse, NFTs are now common as assets that can be collected or obtained. More and more classic game developers should use the metaverse and accordingly integrate NFTs as tokens in their games. Tokenization in gaming will be one of the biggest NFT trends in 2022.

One of the other NFT trends in 2022 will be Web 3.0. The term Web 3.0 describes a digital world in which ownership and rewards will be central cornerstones. This property can ideally be secured by NFTs. Games like Decentraland are harbingers of this new revolution in the digital world. 

The NFTs mostly took over the art market in 2021. The music industry should be the next area where NFTs spread. The first decentralized music labels have already emerged. Platforms like Stationhead can exist in the Metaverse and bring their own music closer to their users. Music NFTs could become one of the other hot NFT trends in 2022.

Instead of works of art, NFTs could increasingly become personalities in the coming year. In the next 12 months, some well-known film and music artists could have their own NFT personalities created. Musicians could perform as a personality in the metaverse. This possibility offers great anonymity and security as well as an increase in reach for the artist. NFT trends in 2022 should include these personality NFTs as well.

You can purchase cryptocurrencies such as Ethereum and Solana, on which NFTs are based, on the Binance ,  Coinbase ,  Kraken,  and  Bitfinex crypto exchanges.