(Newswire.net — May 1, 2021) — It seems in 2021 that no matter where you look, people are investing in digital currencies or making money out of digital assets. How do you get started in this kind of thing, and where exactly is the money in it?

There’s a lot more to this complex side of modern business and investment than we can cover here, but here’s a quick beginner’s guide to building a digital asset business in 2021.

What is a digital asset?

Let’s start really simple. What exactly is a digital asset – it seems so strange that something without a tangible form can be considered an asset, and yet it definitely can. A digital asset is simply defined as anything which exists in a digital format and comes with the right to use – somewhat like owning a photograph, you own it, and you have the right to do with it as you wish.

What are some examples of digital assets?

Digital assets can actually include more ‘old fashioned’ items like photographs, songs, videos and marketing content like blogs, and things like white papers or artwor

However what people are more usually referring to when they talk about their digital assets are digital currencies like BitCoin, or other digital currencies.

How can I grow my digital asset library?

When it comes to digital assets such as photos and videos, acquiring more is pretty simple. You either need to buy them and the rights to them, or use your own work – but the thing is, unless you already have an established approach, you probably won’t make much money out of this kind of digital asset.

One option you have is to create a course based on your skillet – for example, if you’re a world class painter you could create a digital painting course which people buy, and this would be a form of digital asset business.

However, where the real money lies is investing in cryptocurrencies such as Bitcoin, Ethereum and Coinye.

Protecting Your Digital Assets with MPC Wallet

Once you’ve started building a digital assets portfolio, you need to start making sure you are protecting it properly. Building a good portfolio that’s worth a lot takes a huge amount of time and effort – so you definitely don’t want to leave it undefended. 

A fantastic way to protect you digital assets is to use an MPC wallet; mpc crypto is a new form of digital wallet which enables owners to use multiple parties to use data to unlock or lock access to their assets, no party reveals their part of the key to any other party, meaning that hacking an mpc wallet is incredibly difficult. If you’re creating a business portfolio, this is the way to ensure that it remains safe from attacks while enabling your team to have access.

Once you get the hang of what digital assets are and how to invest in them, you’ll be well on your way to building a digital asset business – just always keep in mind that you have to keep those assets securely protected.