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Question

Where nfts make landfall?


Answers (1)

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Arsalan Afzal
Jan 30, 2022 15:14:57

Non-fungible tokens make landfall in the world of digital collectibles. These are tokens that represent unique items, like a specific piece of artwork or a particular game character. Each one is different and can be traded or sold independently from any other. The first-ever non-fungible token was created on the Ethereum blockchain in late 2017, and since then their popularity has exploded. This is partly due to the fact that they offer an alternative to traditional digital assets like cryptocurrencies and virtual worlds like Second Life, which are all built on the idea of fungibility (the ability to interchange individual units of something without affecting its value). Non-fungible tokens hold a lot of promise for the future, especially in terms of creating a decentralized market.

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