Data Scientist vs Data Analyst vs Data Engineer

NFT stands for "non-fungible token." A digital asset that can't be changed or copied is called a "non-fungible token." You can think of these tokens as digital versions of pieces of art from a private collection. Each work of art in the collection is unique and has its own price.

Like a piece of art, an NFT can be sold for either crypto or cash. But, just like with bitcoin, the asset transfer for the token is recorded in the blockchain. This shows who the owner of a certain NFT is. NFTs are digital works that have been turned into securities, such as famous videos, paintings, memes, and so on. This tokenized work of art comes with a unique digital ownership certificate that can be sold or bought online. Blockchain technology is what makes them work, just like cryptocurrency.

Each NFT is linked to the digital or, in some cases, a physical asset of the original owner. Technically, you can turn any digital object into an NFT. The great thing about NFTs is that anyone can make them out of famous tweets, Facebook posts, Instagram photos, and more and sell them.

You might be wondering why people spend so much money on something that can't be seen or touched, like NFTs. You may also be wondering how people make money from NFTs since they are just pictures. We'll talk more about that below.

The value of an NFT is based on how interested consumers are in it, just like it is with the works in our made-up art collection. Just like with trading cards, their value is mainly based on how rare they are and how many people want to buy them.

Even though an image can be turned into an NFT, there is no rule that says it can't be copied or shared. But the blockchain stores and makes it clear who owns the asset. This makes it impossible to fake who owns NFTs. One of the main things that drive its value is the happy feeling of being the only owner. Most of the time, people make money and increase the value of their NFTs by selling them.

You can make money with NFTs if you buy smartly and sell later. For example, buyers can bid on Amitabh Bachchan's NFT collection when it goes up for auction in November. They might be worth more in the future. You can make money with NFTs if you buy and sell them at the right times. You can also make your own digital art, video or audio clips, and music as NFTs and sell them if you are a musician or a beginning painter.

Over the years, the number of female entrepreneurs in India has increased, showing that women can succeed in business just as much as men.

Despite the rise, female business owners still encounter several particular difficulties. For female entrepreneurs, things are not just difficult; they are downright difficult, especially in a nation dominated by men. Here, women are still seen as emotional, less ambitious, and unfit to take the initiative and turn a project into a successful business.

But today's women are changing this reality. They are breaking mindsets and proving their worth in every industry. Even when running a successful business, they are on par with men. Several successful women have repeatedly demonstrated it with their inspiring stories.

One such example is themotivational story of Mahananda , who was raised in a traditional family. She was asked to put her plans for further education on hold and choose marriage over her dreams. At the age of 17, she married as per the wishes of her family.

Unfortunately, her marriage was short-lived. She left her abusive husband and took her children along with her. After realizing their terrible choice, her family encouraged her to pursue higher education. Mahananda has a bachelor's degree in arts and is skilled in computers too.

Then, in 2019, Mahananda started her computer institute and began her entrepreneurial journey.

"It's crucial to be financially independent, and I feel pride and accomplishment in supporting my family financially," says Mahananda.

In 2020, she recognised a market for sanitary napkins in her village. She conducted a thorough investigation into the equipment and the raw materials. Later that year, she opened her sanitary napkin manufacturing facility after obtaining a loan of INR 10 lakhs through the "Stree Swabhiman " programme. She works there with five other people and produces nearly 50,000 sanitary pads monthly.

Since 2015, Mahananda has been associated with the Internet Saathi Programme. She was the only female nominee from her village for the programme coordinator position and was later recognised as the best coordinator in her district.

The enthusiastic businesswoman also collaborated with fellow Internet Saathi to market and sold Stree Swabhiman sanitary products. On Women's Day, she gave out 150 packets of free sanitary pads to students and distributed the same at a summit for village entrepreneurs!

Her venture has gained consumers' respect and favor in just a short period. Her clients include NGOs from Bangalore and Gulbarga, the Abudya Trust, and her neighboring villages of Alanda, Chikkaballapur, and Gotur.

She has doubled her monthly income thanks to her education and hard work. She now has another important objective: to provide affordable, environmentally friendly sanitary napkins to women in rural and urban areas.