BOLD AWARDS NFT
HOW IT WORKS
ENGAGE & NETWORK
An NFT, which stands for non-fungible token, is a unique digital asset that is stored on blockchain technology. They use the same blockchain technology as cryptocurrencies, but unlike crypto tokens, every NFT is different, making it non-fungible, and unique.
Most blockchain networks incur transaction fees, commonly referred to as “Gas”. Gas fees compensate the different nodes in the network for confirming your transaction.
Whenever a Gas fee is charged, it is displayed in the application, so there are no surprises!
Once the NFT is transferred to your wallet, it belongs to you and can be traded, sold (name your price), or kept as memorabilia. BOLD NFTs are in OpenSea, the largest NFT marketplace which makes it easy to trade or sell them with ease.
The BOLD NFT was developed by the BOLD Awards team in collaboration with world-renowned graffiti artist Didier ‘Jaba’ Mathieu.