NFTs have undoubtedly become one of the biggest tech standouts of recent years. Since the first NFT was minted several years ago by artist Kevin McCoy and coder Anil Dash, the NFT sector has become a 41-billion-dollar industry. CryptoPunk #2338, the most expensive NFT, sold for $4.4 million. NFTs have opened up a vast window […]
Introduction to NFTs and Tokenization Defining NFTs (Non-Fungible Tokens) NFTs are unique cryptographic tokens that represent ownership or proof of authenticity of a specific item or piece of content on the blockchain. Unlike cryptocurrencies like Bitcoin or Ethereum, NFTs lack divisibility and cannot be directly traded in a one-to-one manner owing to their unique attributes. […]
NFT 2.0 – What is it? NFT 2.0 refers to the second version of NFT 1.0 and relies on the functioning of NFT 1.0. This upcoming iteration will integrate new features and advancements into the NFT 1.0 infrastructure. While NFT 1.0 enables ownership of distinct, tokenized digital assets, NFT 2.0 will expand the horizons by […]
Fractionalized NFTs and their Functioning With the rising popularity of Fractionalized NFT collections, their floor prices also increase simultaneously making a barrier for crypto art enthusiasts and small investors to enter the NFT market. Most investors cannot afford to purchase these expensive NFTs. So, is there any other way for crypto art enthusiasts and small […]
NFT using data analytics In our digital age, Non-Fungible Tokens (NFTs) have revolutionized asset ownership. These unique digital assets have captivated artists, collectors, and investors, ushering in a novel era of digital ownership and creativity. Here, we explore how data analytics plays a crucial role in making informed decisions within the NFT ecosystem. Understanding NFT […]
What are NFTs and How Do They Work? NFT is an acronym for “Non-Fungible Tokens”, which means something unique that can’t be replaced. In contrast, fiat and cryptocurrencies are fungible, which signifies that they can be exchanged or traded for one another. Each NFT comprises of a digital signature that makes each one unique. NFTs […]
Key components of dApp: NFT Marketplace, DeFi, and GameFi dApp industry has been showing significant signs of growth in different sectors, such as DeFi, GameFi, and the NFT marketplace. Each sector has different and unique dApp components to achieve high reliability, security, and privacy. The following blog provides a brief about how these dApps are […]
How to Launch your own successful NFT Project? NFTs have all eyes set upon them for a good reason. NFTs took the world by storm in 2021 for their unique way of interacting with digital content and assets. There are several trends and advancements to be on the lookout for as we anticipate the future […]
What is an NFT? NFTs, or non-fungible tokens, are a type of digital asset that represents ownership of a unique piece of digital content, such as artwork, music, or video. Unlike fungible tokens such as cryptocurrencies, which are interchangeable and have the same value, each NFT is unique and has its own distinct value. NFTs […]
