Question 1

What can I do to invest my money in NFT?

Accepted Answer

Anyone can transform an asset that is digital to one (or "mint" the asset) and then sell it through an online marketplace. Each platform does things differently however the fundamental minting process follows. You must have a crypto wallet open and financed (like by Ether to pay for the costs of computing involved in making this NFT).

Question 2

Do I have the option to purchase NFT through Robinhood?

Accepted Answer

The wallets feature has been a common request from members of the community who feel that purchasing cryptocurrencies on Robinhood do not allow them to hold crypto (for instance, currently you aren't able to use your Ethereum account to purchase the NFT).

Question 3

What are the characteristics of a great NFT?

Accepted Answer

NFTs that have collectibility games (set completion traits, set completion, etc.) have a higher success rate than others. NFTs are expected to provide utility for the owners. NFTs must be a medium that provides a sense of "patronage" with respect to the legacy/work for the purchaser.