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NFT stands for non-fungible tokens like ERC-721 (a smart contract standard) tokens which are hosted on Ethereum’s own blockchain. NFTs are unique digital items such as collectibles or artworks or game items. As an artist, by tokenizing your work you both ensure that it is unique and brand it as your work. The actual ownership is blockchain-managed. If you want to go in-depth into NFTs, I suggest this read: [https://opensea.io/blog/guides/non-fungible-tokens/](https://opensea.io/blog/guides/non-fungible-tokens/)

The process of tokenizing your work and creating an NFT (see above).

Yes, you can and it is up to you if you decide to sell it later or not.

Absolutely, you can lower the price free of transaction costs at any time. You just need to sign the signature request via your wallet.