What is an NFT?

A non-fungible token (NFT) is a non-transferable unit of data that may be sold, exchanged and held on a blockchain, a digital ledger. Digital files such as photographs, movies, and music are several NFT data units. NFTs vary from blockchain cryptocurrencies like Bitcoin in that each token is uniquely recognized. Most NFTs are, at a high level, part of the Ethereum blockchain. Ethereum, like Bitcoin and Dogecoin, is a cryptocurrency, but its blockchain also enables these NFTs, which hold additional information that allows them to function differently from an ETH coin, for example.
An increase has matched the boom in cryptocurrency transactions in NFT transactions, which have already surpassed $300 million per year. NFTs and virtual goods present both opportunities and challenges. The challenges include knowledge of NFTs and accessibility and awareness of NFT, with 48.7% of the world’s internet users not knowing what an NFT is despite its trend. The GOYA platform offers an avenue to enter this economy and make profits while everyone has not discovered it as a potent source of revenue and engagement.
For creators:
GOYA creates an NFT according to your preferences and desires, and we will cover the cost for a limited set of NFTs based on your reach. We will deploy the NFT(s) in our SocialFi marketplace for trading and unlocking the limitless utility potentials associated with each NFT.
Creators are only to provide us with their ideas and input for the creation of their own NFT(s) or, if requested, provide tokenized pieces own art (to put it on the blockchain). Consider the value you wish to provide to future collectors: the possibilities are endless (such as exclusive access to events, merchandise drops, exclusive follower experiences, etc.) and leave the rest to us. The GOYA team will turn your idea into reality, a collection of valuable NFTs.