What do you do with NFT after buying

If you've recently purchased an NFT, you might be wondering what to do next. After all, an NFT is a digital asset that exists on a blockchain, so it's not something you can hold in your hand or display on a shelf. But don't worry, there are plenty of things you can do with your NFT. In this article, we'll explore some of the options available to you after you've purchased an NFT.

First, let's start with a quick refresher on what an NFT is. NFT stands for "non-fungible token," which means that it's a unique digital asset that can't be exchanged for another asset of equal value. Think of it like a one-of-a-kind baseball card, except instead of being made of cardboard, it exists as a digital file on a blockchain.

So, now that you have your NFT, what can you do with it? Here are a few ideas:

• Hold on to it

One of the simplest things you can do with your NFT is just hold on to it. Like any other investment, the value of an NFT can go up or down over time. So, if you believe that the value of your NFT will increase in the future, you might want to hold on to it for a while and see what happens.

• Display it

Just because your NFT is a digital asset doesn't mean you can't display it. There are a number of websites and platforms that allow you to showcase your NFT collection. For example, some NFT marketplaces have built-in galleries that allow you to display your NFTs in a virtual space. You can also use social media to show off your NFTs to your friends and followers.

• Sell it

If you're looking to make a profit on your NFT, you can always sell it. There are a number of online marketplaces where you can list your NFT for sale, such as OpenSea, Rarible, and SuperRare. When you list your NFT for sale, you'll typically set a price and wait for someone to buy it. Keep in mind that the value of NFTs can be volatile, so you may need to adjust your price as market conditions change.

• Use it

Depending on the type of NFT you've purchased, you may be able to use it in various ways. For example, some NFTs give you access to exclusive content, such as a video or a piece of music. Others may give you access to a special event or experience. Be sure to read the details of your NFT carefully to see what kind of benefits it offers.

• Gift it

Finally, if you have a friend or family member who's interested in NFTs, you could always gift your NFT to them. This could be a great way to introduce someone to the world of NFTs and share your passion for the technology.

There are plenty of things you can do with your NFT after you've purchased it. Whether you choose to hold on to it, display it, sell it, use it, or gift it, the choice is yours. Just be sure to do your research and make an informed decision based on your goals and the specifics of your NFT.