Today we are going to discuss Passive Income's, Investing and NFT"s which is a huge topic in the crypto world at the moment. I thought today we would break this down to understand these complex areas

Today's topics focus on Passive Income, Investing and NFT's 

Examples of Passive Incomes

- Affiliate Marketing

- Peer to Peer lending

- Selling Information products - Skillshare courses

- Creating an app

- E-books

- Podcasts, blogs, Youtube Channels

Dropshipping - which is the latest way to gain a passive income. It is a method whereby a store does not actually keep the products it sells in stock. They just sell the product then buy it from a third party and ships it to the customer - [shopify.com](http://shopify.com)

Investing

This leads us to talk about two hugely discussed areas in current events which is assets

Stock exchanges which is the traditional investing route in company stocks or shares

Cryptocurrency

NFT's which is known as Non-fungible Token.

 Unwrapping the mystery of NFTs

According to an article I found on the Verge covering the whole understanding of the concept:

- It details Non-Fungible Tokens stating that it means that it's unique and cannot be replaced by something else

- It also suggests in comparison to bitcoin it is fungible you can trade it for another bitcoin

- Their part of the Ethereum blockchain

   - As we know Ethereum is a cryptocurrency similar to other cryptocurrencies

   - Ethereum is unique in the sense that it supports NFT's in its blockchain

   - A blockchain is defined as a digital record of transactions, validated by multiple computers through or on the internet

- Well an NFT can be any object or creation for example it could be your car, music and or drawings

  - Only one person can own the original NFT

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Music: Epidemic Sound

Art: Emma Crimaldi 

Please note I am not a licensed financial planner or advisor.  This is in no way financial advice nor direction. 

Until next time,

Valerie

[People are spending millions on NFTs. What? Why?](https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq)

[Billionaire Mark Cuban is building a digital art gallery for NFTs](https://www.theblockcrypto.com/post/98974/mark-cuban-digital-art-gallery-nft)