Ghost has officially created an account on Opensea.io. Seventy percent of all proceeds will go to the Ghost Development Fund to assist with current growth. The other thirty percent, will go to the artists designing these NFTs. The current listings will last for 30 days and prices will periodically decline until they meet the minimum threshold. If you would like to create your own NFT renderings as a contribution to the Ghost community, please contact @RealSecretRecipe in Telegram for approval, and share in the rewards.
If you’re new to the space of NFTs, don’t worry, they’re not that complicated to understand. An NFT, non-fungible-token, is a blockchain based token that represents the rights of ownership. For example, a title to a vehicle. Instead of traditional physical documents or complex databases, the ownership of a vehicle could be represented by a single NFT. Whoever holds that NFT would then be the owner of the vehicle. In the example given, NFTs aren’t limited in nature of what their ownership may represent. NFTs have been used to represent music, artwork, trading cards, land, etc.… Hopefully by now you have a basic understanding of NFTs.
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