The abbreviation NFT (non-fungible token) denotes a transparent proof of ownership for a digital object and allows the owner to be clearly and quickly identified. Pictures, videos, game items or even tweets can be NFTs. In a nutshell, NFTs allow you to create a digital proof of ownership of anything.

NFTs are a big trend worldwide. Large sports organizations such as the NBA, the NFL and various football clubs, as well as actors, singers, 3D artists, gamers, TV stars, and even things, have their own NFTs. And millions of fans have discovered they love collecting the NFTs themselves. For fans, not only are they like a sports card or autograph, they're also a digital collector's artifact. And for NFT issuers, they don't only create a new income source. It also means they can thank their most loyal fans by sharing future profits with them, communicate directly with them, and even decide together what their future career path will be.

The instant you own an NFT, you become part of the community around the project, athlete, celebrity etc., and as a co-owner you can reap the rewards that NFTs bring to collectors. For example, you can get exclusive rights to buy additional collectibles before anyone else, or get the chance to win tickets to an event for a specific sport or person.

Yes, downloading the app is necessary, but it's easy and there's nothing to worry about.

Current currency (fiat): After downloading the app and registering, you can add your credit card to Rull and transfer any amount into a cryptocurrency of your choice. The converted amount will be displayed in the selected crypto currency straightaway, and you’re all set to purchase your first NFT. Crypto: If you already own crypto but have it stored in another crypto wallet, it’s very simple. Just copy the wallet address and transfer the contents (or just parts of it) to Rull. If the traffic in the blockchain network is heavy, the transaction may take several minutes up to several hours.

Fiat: Immediately after paying with your credit card. Cryptocurrency: It depends on the current network congestion.

NFTs are generally worth holding onto, just like ordinary collectibles are too. It’s also worthwhile getting the whole collection - if you choose the right athlete or artist, and they go on to have a successful career, their NFTs may increase in value. Then you’ll be able to sell them on to other Rull members, or in other NFT marketplaces if you want.

An NFT’s value is determined by the invisible hand of the market – or rather the marketplace. Its value is exactly what you are able to sell it for, and what others are willing to pay for it.

These are the clearly defined conditions of purchase and ownership. It is registered in the blockchain network and therefore can’t be tampered with during the existence of the digital asset. For example, a smart contract can state the exact distribution of profits from a given asset, even on a secondary market.

Due to the limitations of the AppStore platform, we needed to move the purchase to a web interface. Despite this limitation, we have made everything as comfortable as possible for you. In the application, just click on the selected NFT, click on the menu in the upper right corner, and open it in your browser. This will take you to a web interface where you can select the NFT you want to buy. The rest is easy.

You can download the application from the AppStore and Google Play: