NFTs, or non-fungible tokens, are digital assets based on the blockchain that can be acquired with a digital wallet or cryptocurrency. Anything that exists in the form of soft copies, from JPEG to an audio file, with some recording can be used as a token.

NFTs have a bit different concept than iMusic or eBooks, since NFTs allow you to own an ownership of the token along with licensing it. The owner can own it for as long as he wants and can sell it anytime.

Previously we have mentioned the concept and working of NFTs, so today it's about how to earn such tokens and can build your future. NFTs can play and in fact are playing a major turnaround for E-Commerce companies. Selling prints and auctioning them has been a bit of a traditional and time taking process along with fewer audiences to be with. But the Digital Asset has made it more efficient and easy to present your art in front of the planet in less time.

The use of NFT for E-Commerce platforms has been a hot topic in the crypto industry. But the biggest advantage of incorporating NFTs is that this digital asset goes with all kinds of E-commerce models. Hence, many of such E Commerce platforms have begun their integration with NFTs.

Since it works in a brought together biological system, the exchange of items and administrations on a web based business stage includes some outsider intermediaries. As a result of these intermediaries, commission distribution is severely skewed. The use of NFTs avoids the involvement of third parties. The vital distinction among NFTs and digital currencies is that cryptos permit 'fungible exchange', which implies all Bitcoins can be traded for equivalent worth with each other. NFTs are by definition 'non-fungible' and are utilised to confine and demonstrate individual possession to advanced resources.

Hence, the technology is as of now here; it really depends on the crypto heads of our industry to follow up on it. NFTs themselves give the specialised foundation to disturb the requirement for human mediators and consider actual resource redeemability in a clever manner.

Therefore on this note organisations like BocasDAO came into existence in 2021, where there was a hyper boom in the use of NFTs and cryptos. Working in an innovative NFT concept, the company is providing four different sets or tiers of NFTs offering certain rights and community advantages. Hence, unlike any other projects, BocasDAO is already counting with an existing foundation.