TYPES OF NFT PART - I

                                             TYPES OF NFT PART - I

One of one  NFT

NFT One-of-One (1/1) is a unique, one-of-a-kind digital collectible. This art form is unique and cannot be repeated. Tokens of this type have genuine rarity, as they are released in a single copy and are not included in collections 

 

 

EDITION TYPE

Edition type NFTs are a type of non-fungible token (NFT) that are either open edition or limited edition. The main difference between the two is the number of copies that can be created. 

OPEN EDITION NFTS 

· Have an unlimited number of copies

· Are more accessible to a wider audience

· Are often focused on affordability and inclusivity

· Allow creators to consistently create and distribute new copies

LIMITED EDITION NFTS 

· Have a predetermined number of copies

· Create a sense of rarity

· Are available for minting until the maximum token supply is reached https://youtu.be/RDN5S8Vlhgs?si=8HQRewc-Mf1YR2C-

PFP NFT

A Profile Picture NFT, commonly known as a PFP NFT, is a unique digital asset that serves as a representation of one's identity in the virtual world. These are not just mere images; they are embedded with blockchain technology, ensuring their uniqueness, ownership, and provenance.

 

 

GENESIS

Simply put, a Genesis NFT collection is a project's very first collection. It is special because it is the first collection released by a project creator, and is therefore associated with many benefits.