What are NFTs?

Non-fungible tokens (NFTs) are cryptographic assets based on the blockchain that have unique identifiers and metadata that distinguish them from one another. They're one-of-a-kind cryptographic tokens that can't be duplicated on a blockchain. An NFT is a digital asset that depicts real-world components such as art, music, in-game goods, and real estate. They're encoded with the same software as many other cryptos, and they're bought and exchanged online, using Cryptocurrencies. By Non-fungible we mean that they are unique and we cannot replace them with another. A bitcoin, for example, is fungible, meaning you can exchange one for another, but not NFTs.

NFTs can be made from almost any unique item that can be stored digitally and has value. They're identical to any other collector's item, such as a painting ,you're paying for a file and documentation proving that you own the original copy rather than a physical item.

Jack Dorsey, co-founder of Twitter, sold his first tweet as an NFT for more over $2.9 million.

How to Buy NFTs?

First of all you'll need a digital wallet  . After that you will have to purchase cryptocurrency, such as Ether, depending upon what your platform accepts. You can then buy NFTs and transfer them into your wallet.

Some NFT platform are given blow that you can check

OpenSea

SuperRare

Foundation

VIV3

BakerySwap

Axie Marketplace

Rarible

NFT ShowRoom

NFTs are risky because they are new so only use small amount of your money to get into the world of NFTs.

In other words, you can invest in NFTs depending if you like the project and taking in consideration other factors like demand, especially if you are trying to make money out of them. If you have some spare cash, it's worth considering, and as always do your own research, check out for the projects with good team behind it, and be sure before investing in any project.

Keep in mind, however, that the value of an NFT is entirely reliant on what someone else is willing to pay for it. As a result, demand will drive the price rather than fundamental, technical, or economic considerations, which frequently influence stock prices and, at the very least, form the basis of the price.

Are NFTs safe 

NFTs  work on the same blockchain as cryptocurrencies, and are generally safe. NFTs are difficult  to hack due to the distributed nature of blockchains. One security risk with NFTs is that you may lose access to your NFTs if the platform that hosts it goes out of business.

However, treat NFTs in the same way you would any other investment: Do your homework, understand the dangers (including the possibility of losing all of your investment rupees), and continue with prudence if you decide to take the leap.