Mel Hearts NFTs

Mel Hearts NFT Collections - CLICK TO EXPAND

Click on the names of the websites to visit them!!

Mel Hearts on Voice - Voice is a carbon-neutral NFT marketplace that allows for purchases with credit cards! It is a GREAT, EASY way to get started with NFTs

Mel Hearts on 1stDibs - 1stDibs is a high-end NFT marketplace.

Mel Hearts on Foundatioin - Foundation is a high-end NFT Auction marketplace.

Mel Hearts on OpenSea - OpenSea is a Multi-Chain NFT marketplace.

What is an NFT?

"NFT" stands for Non-Fungible Token

What does the term ‘Non-Fungible’ mean? The term fungibility is an asset’s ability to be exchanged with another asset of a similar type or category. It indicates that the interchangeable assets are equal or nearly equal in value. A simple example of a fungible asset would be a currency note. One dollar bill is worth the same as another dollar bill.

On the other hand, non-fungible assets have unique properties. They are not easily interchangeable as each one has its own special features. For instance, a pre-owned car may be up for sale, but we cannot say that it is the same as every other pre-owned car of the same model. Its value is determined by several factors like the initial purchase time and how the previous user handled it. Paintings, houses, rare gems are more examples of non-fungible assets.

It is important to note that sometimes fungibility is subjective; for instance, a rare stamp holds a much higher value in the eyes of a stamp collector than it would for anyone else.

Merriam-Webster - Definition of non-fungible token

a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it)