Non fungible token (NFTs) represent ownership of digital assets such as artwork, music, videos, and other online collectibles. NFTs exist on blockchains–the innovative technology that underlies cryptocurrencies like Bitcoin. The 2021 NFT Market Report released by blockchain data company Chainalysis shows that the NFT market
Cryptocurrency is a type of digital money that is not controlled by any central authority. Instead, it relies on a decentralized network of computers to process transactions and secure the currency. Bitcoin and Ethereum are two of the best-known cryptocurrencies, but there are more than
Non-Fungible Tokens (NFTs) are an important aspect of the blockchain world. They are unique, non-interchangeable units of data stored on a blockchain. NFTs can be any type of digital file, such as photos, videos, or audio. The best NFT creator app is one that allows
It’s 2022 and the world seems to have just woken up to the discovery of NFTs. People that are not familiar with crypto and concepts such as Web3 are nonetheless beginning to accept NFTs as part of the daily internet social experience. As NFT trading
When Collins Dictionary named “NFT” the word of the year for 2021, some were ecstatic while others raised their eyebrows. After all, non fungible tokens haven’t been around long – just about half a decade. Yet, the token revolution has taken the world by storm.
In the last decade, the advent of blockchain technology has signified the rise of multiple innovations such as digital currency, fungible tokens, nonfungible tokens, crypto tokens, metaverse, and many more. As digital media becomes the dominant form of expression and commodity in the internet space,
The question of non fungible tokens and their interactive operability as gateways (or gatekeepers) for the Metaverse is one of the most interesting nowadays when it comes to crypto and digital existence. The question is usually formulated as such: How does a non fungible token
Today we look at the essential differences between non fungible tokens and a crypto exchange traded fund: in short, we are looking at NFT vs ETF and the ways they differ, the ways they are alike, and how they work together in major cryptocurrency ecosystems.
As non fungible tokens continue to take the world by storm by giving creator and digital artists unprecedented possibilities, the jury is still out whether a non fungible token can be interpreted as proof of copyright ownership. When people ask: does NFT ownership equal copyright
One of the most common questions people ask is whether non fungible tokens are a blockchain. Of course, we could give a short, direct answer to this question (spoiler: it’s no), but that would defeat the purpose. Whenever someone asks about non fungible tokens and