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NFTs simply put are unique digital assets. The letters N.F.T. stand for Non-Fungible Token. NFTs can represent anything from artwork, collectibles, virtual real estate, a planet in the metaverse, club membership in your town, a Company's Stock, a physical home, or an IRL automobile.

NFTs, or non-fungible tokens, are unique digital assets that can represent a wide range of items, including artwork, collectibles, and even virtual real estate. Many people buy NFTs as a form of investment, as they can potentially increase in value over time. Others buy NFTs because they are fans of the artist or creator and want to support their work. Still others collect NFTs for their inherent value as one-of-a-kind digital items. Ultimately, the decision to buy an NFT is a personal one, and people may have a variety of different reasons for doing so..

Cryptocurrencys can be purchased, traded, and sold on exchanges like Coinbase, Kraken, Gemini, or even in apps like Cash App or Venmo.

It's not necessarily the case that NFTs are under-rated. Rather, the market for NFTs is still relatively new and emerging, so it's difficult to say how they will be valued in the long term. Some people may see NFTs as being undervalued at the moment because the market is still developing and not everyone is familiar with them. However, as more people become aware of NFTs and the technology behind them, their value may increase. Ultimately, the value of an NFT is determined by the market, so it's hard to say whether they are under-rated or not without knowing the specific circumstances.

Not at all. Ethereum's NFT market is much larger at the moment. The Bitcoin Cash SLP NFT space is emerging as an alternative to Ethereum and other EVM (Ethereum Virtual Machine) blockchains specifically because it is very secure and the network fees can be 10X less expensive. Tooling is being built out to support many of the use cases that the EVM chains already have.

OwnRare.art is a website where users can make and sell unique digital assets.

Bitcoin Cash (BCH) is a very simple and powerful UTXO based blockchain like Bitcoin (BTC). Because value is transferred in UTXO (Unspent Transaction Outputs) rather than Smart Contracts like EVM blockchains there is less Smart Contract Risk. Each NFT on BCH is a discreet asset and does not depend on or rely on any coding or existing framework. Each token acts much like a unique physical coin would.

Bitcoin (BTC) removed its ability to have NFTs on it because the transaction size was reduced to a level that even the small amount a BCH Token requires cannot be held in a Bitcoin Transaction. Bitcoin has focused on being a Global Store of Value and is actively moving smaller transactions to a 2nd Layer system called the Lightning Network.

The Bitcoin Cash network also increased the number of transactions that can be processed by the network therby reducing the tendancy for fees to rise as networks get congested. The specific type of token OwnRare uses on Bitcoin Cash is the SLP (Simple Ledger Protocol) Token.

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