Non-Fungible Tokens or NFT’s are digital assets that represent real-world objects like arts, music, in-game items, and videos. NFTs will revolutionize the way we look at them and open new revenue opportunities.

1. Overview of Crypto
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2. What are cryptocurrencies?
A cryptocurrency is a digital asset that uses a cryptographic encryption to
guarantee its ownership and ensure the integrity of transactions, and control
the creation of additional units, that is, prevent someone from making
copies as we would, for example, with a photo. These coins do not exist in
physical form: they are stored in a digital wallet.

3. How many types of
cryptocurrencies are there?
To create cryptocurrencies, it is crucial to
have knowledge of cryptography, or at
least know how to program, in that case,
to be able to clone code from another
cryptocurrency, and thus be able to create
it. Currently, there are thousands of
cryptocurrencies, among which we find,
for example, bitcoin or ether.
What is a bitcoin?
Bitcoin is the name that the first
cryptocurrency received. It dates from
2009 and was born by the hand of a
person or group of people who called
themselves Satoshi Nakamoto, who
managed to create bitcoin under
blockchain technology , which they
themselves invented. Like the rest of
cryptocurrencies, there is no type of
regulation for it.

4. How can you buy bitcoins?
We can get bitcoins by buying or exchanging the currency itself on specialized
portals. It is important to bear in mind that bitcoins -or any other cryptocurrency- are
complex instruments, which may not be suitable for people without sufficient
knowledge, and whose price carries a high speculative component that can even mean
the total loss of the money paid to buy cryptocurrencies.
If you want more information about bitcoin, you can access this Openbank content.
Also, if you want to know all the curiosities around this currency, you can visit this
information on Finance for Mortals.

5. What does it mean to mine cryptocurrencies?
This concept refers to the process necessary to validate the operations carried out
through this type of digital assets. For example, if we take the practical case of a
bitcoin currency: its mining would be based on the validation and recording of
transactions in the blockchain registry .
In short, mining cryptocurrencies means successfully solving the mathematical
problems that arise. The miners who have carried it out obtain cryptocurrencies in
exchange.

6. How many types of digital wallets are there?
A digital purse or wallet is actually a software or application where it is possible to store,
send and receive cryptocurrencies. The truth is that unlike a physical money purse, what is
really stored in wallets or digital purses are the keys that give us ownership and right over
cryptocurrencies, and allow us to operate with them. In other words, it is enough to know
the keys to be able to transfer the cryptocurrencies, and the loss or theft of the keys can
mean the loss of the cryptocurrencies, without the possibility of recovering them
.
There are two types of purses: there are hot and cold ones. The difference between the two
is that the former are connected to the internet, and the latter are not. Thus, within the hot
wallets we find web wallets, mobile wallets and desktop wallets, the latter only if the
computer is connected to the internet. On the contrary, within cold wallets there are
hardware wallets and paper wallets, which is simply the printing of the private key on paper.

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