Introduction: What is a Non-Fungible Token (NFT)?
NFTs are a new type of digital asset that can represent ownership or non-ownership, depending on the context.
What is a Non-Fungible Token (NFT)?
Non-Fungible Tokens (NFTs) are a new type of digital asset which can represent ownership or non-ownership depending on the context. These tokens use the Ethereum ERC721 standard to track and verify ownership. NFTs were first proposed in October 2017 by Kevin Worth the standard was finalized in 2018 by the Ethereum community.
How Blockchain Technology Enables NFTs & Why You Should Care?
Blockchain technology is the backbone of digital currency like Bitcoin, Litecoin, and Ethereum. It gets used for other applications like smart contracts, voting systems, and ledger record management.
Blockchain technology can make games more fun to make them tradeable or enable users to buy, sell, or trade items in-game worlds.
It can make game players feel like they are part of a real economy, thus leading to higher game engagement.
How to Manage Your NFT Portfolio with These 5 Tools for Successful Investing?
NFTs, or crypto-assets, provide investors with more ways to get into the market. They bring a new level of liquidity, but it can be hard to manage them without the right tools.
In this article, we will take a look at five tools that you can use to successfully manage your NFT portfolio and give you an idea of what is out there for investors in the market today.
NFT & The Future of Digital Ownership – Why I’m Betting on NFTs in 2022
I’m betting on NFTs in 2022 because I believe we will be able to realize the full potential of these digital items and their real-world value.
NFTs, or Non-Fungible Tokens, represent a new era for digital ownership. They offer a unique and creative way of trading and own digital content never seen before.
With the rise of video games like CryptoKitties, we see how NFTs get used as a medium for trade and ownership of digital content like nothing we have ever seen before.