Welcome to BNFT Privacy Policy

  1. Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to collectables, but plenty of sceptics fear they're a bubble waiting to burst.
  2. It could be a house, or a painting such as the Mona Lisa, which is one of a kind. You can take a photo of the painting or buy a print but there will only ever be one original painting.
  3. Former Christie's auctioneer Charles Allsopp said the concept of buying NFTs made "no sense". "The idea of buying something which isn't there is just strange," he told the BBC.

Collect personal information

  1. Fungibility is the ability of an asset to be interchanged with other individual assets of the same kind; it implies equal value between the assets. If you own a fungible asset you can readily interchange it for another of a similar kind. Fungible assets simplify the exchange and trade processes, and the best example would be (you guessed it) money.
  2. Incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
  3. This is where I can explain and emphasize the “non-fungibility” property of NFTs. The main difference between NFTs and Bitcoins is the fact that Bitcoins are limited, and fungible (you can trade one Bitcoin with another and both have the same value and price). NFTs are unique but unlimited, and non-fungible (no two artworks are the same). While NFTs can appreciate in value (just like real estate), they cannot be interchanged for another NFT.
Time to take action

Join over 30,000+ happy users & Auctions now.