WHAT is an NFT?

Non-fungible tokens, or NFTs, are pieces of digital content linked to the blockchain, the digital database underpinning cryptocurrencies such as bitcoin and ethereum. Unlike NFTs, those assets are fungible, meaning they can be replaced or exchanged with another identical one of the same value, much like a dollar bill. 

NFTs, on the other hand, are unique and not mutually interchangeable, which means no two NFTs are the same.   
Think of baseball cards, pets or a limited-edition pair of shoes.   NFTs create scarcity among otherwise infinitely available assets — and there's even a certificate of authenticity to prove it. NFTs are typically used to buy and sell digital artwork or assets and can take the form of images, Mp3, Mp4,  video game skins, images of virtual real estate and so much more.

Smart contracts are the newest technology allowing NFTs to provide real life utility.  NFTs are essentially programmable digital assets at this point.  This gives us the opportunity to create a whole world of value from NFTs that provide passive income through its relationship with the decentralized finance ecosystems, to NFTs that can be embedded and used in gaming.  Allowing those that play the game to actually own the assets they use to play. As well as earn real money in the form of tokens.

We are utilizing a cutting edge blockchain called Cardano.  Cardano is one of the most ecologically sustainable and stable blockchains thus far.  Watch the videos below to learn more about Cardano and blockchain. 

Our Jazz is Dead NFTs will provide evolving utility.  Allowing the holder to access events, receive future NFTs as well as act as your membership into our exclusive community.  We are also planning a token that will provide more utility and opportunities to create passive income for its holders.

Glossary :

Blockchain: In its simplest form, a blockchain is a digital collection of information about transactions. This is also called a ledger, which is why this word is often used when describing blockchain technology.

CARDANO: Cardano is a blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods.
When it comes to sustainability and eco-friendly cryptocurrencies, Cardano has two clear advantages: far less energy consumption, and staking.

Ceiling: The highest price paid for a NFT

CNFT: Cardano Non Fungable Token

Floor:  The lowest price for a NFT

Mint: Create the individual NFT for purchase. Which includes payment by digital transfer.

NFT: NFT stands for a non-fungible token, which means it can neither be replaced nor interchanged.  It is the definition of unique.  One of a kind.

SMART CONTRACT: A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. This agreement is stored on a blockchain.

UTILITY: Utility NFTs are NFTs that grant access, perks, and opportunities to the NFT holder. Holding a utility NFT can grant access to exclusive experiences, early access to products, airdrops, invites to special events, and much more.

Wallet: A place to store your crypto tokens or coins.  Usually offline as to not get hacked.

WHAT is an NFT?

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what is blockchain?

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WHAT is Utility?

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What is a crypto wallet and how to install it

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What is Cardano

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