There’s something I want to talk about regarding NFT coins, which are currently a hot topic in the crypto industry. Many people are still confused about what they really are. Some say they will be a bubble like the Tulip era, but others believe they will completely reshape many industries.

In fact, NFT coins—or Non-Fungible Tokens—are tokens that cannot be replaced. They are created on a blockchain the same way as other crypto coins, but the difference is that each coin is unique and cannot be directly compared with others at all. It’s like you can’t compare one piece of artwork to another piece of artwork.

This uniqueness gives NFT coins some interesting characteristics. First, they are digital assets—not physical materials, but digital files encrypted on the blockchain. Second, they run on specific blockchain networks such as Ethereum, which means they can’t be used on Bitcoin. Third, they can’t be divided into smaller units like digital currencies.

The difference between NFTs and digital currencies is very clear. Digital currencies are like ordinary money—every unit has the same value. But NFT coins aren’t like that. They’re more like collectible cards or unique artwork that is distinctive, one-of-a-kind, and rare. For example, if you borrow 100 baht, you don’t need to worry about which banknote it is, because all banknotes have the same value. But NFTs are different—each one has its own identity and cannot be substituted for another.

Creating an NFT coin isn’t that difficult. First, you need to find something you want to create, such as images, music, videos, or other digital artwork. It must be your own and not copied from anywhere. Second, you need to choose a blockchain, such as Ethereum, Solana, or Flow. Third, you need to set up a digital wallet, such as MetaMask or Coinbase Wallet. Fourth, you need to choose an NFT platform, such as OpenSea, which is the largest platform. Then you must create an account, connect to your wallet, prepare Ethereum for gas fees, upload the file, and set the selling price.

NFT coins have many advantages. First, they make ordinary digital files unique and collectible. Second, they verify the rights of the work’s creator, which was previously difficult to prove. Third, they help prevent tampering, because blockchains do not allow data to be changed. Fourth, they can be applied with smart contracts, which can create a wide range of possibilities.

But there are also disadvantages. The NFT market is a speculative market with high uncertainty, and it’s difficult to calculate the underlying value because it depends only on buyers’ preferences. In addition, although NFT coins can’t be altered, the original files may still be copied or plagiarized. NFT coins can be hacked and stolen like other cryptocurrencies, and in the future there may be taxation on trading.

For NFT use cases, there are many forms, such as event tickets, fashion items, collectibles, game items, and more. Well-known projects such as Mutant Ape Yacht Club, Parallel Alpha, and BitToonDAO are all examples that show the potential of NFT coins.

Before investing, you need to consider several things—for example, the unique features of the NFT you choose, whether the seller has been verified, the platform’s fees, and the price performance of other works by the seller. As for copyright, the creator is the copyright owner, but NFT buyers will only receive ownership of the NFT itself.

For Thailand’s local policy, the SEC has issued guidance that digital asset trading centers are prohibited from providing NFT services, but they may provide marketplaces for NFT artwork.

The future of NFT coins is still something to watch. Even though this market is still very new and carries high risk, its potential to solve problems across various industries is relatively strong. The artwork and goods on NFTs will continue to exist as long as the blockchain network remains operational.

In summary, buying and selling NFT coins is easy, but that doesn’t mean you’ll necessarily profit. It’s a high-risk, highly uncertain investment. Prices depend on the demand of buyers and sellers. Therefore, investing with a small portion of your capital and choosing works you believe have value is a good option—but you must also be prepared to sell at a lower price than you bought. At the same time, NFT coins are still considered an interesting way to diversify an investment portfolio for the long term.