Today, the NFT world has reached new heights, thanks to the 2021 crypto boom and the spread of knowledge on these tokens during the phase. Their rise to prominence also gave scope for NFT marketplace businesses to gain handsomely. While 2022 was not as great as 2021 promised it to be, NFTs still performed pretty…
Would you believe me if I say that a tweet was sold for $2.9 million? Would you believe me if I say digital art was sold for about $69 million? Absolutely, yes! It was Jack Dorsey, CEO of Twitter, who sold his 15-year old tweet as a Non-Fungible Token for such a huge capital. Similarly,…
The technology is augmenting each day to the extent of matching the virtual world with the real world. One such state-of-the-art technology in the field of cryptocurrency and blockchain is NFT rental and mortgages. The ERC-2615 standard proposes an extension to the ERC-721 standards to lend a hand in rental and mortgage functions. These functions…
Non-Fungible Tokens (NFT) is now one of the dominant terminologies used in the field of cryptocurrency and blockchain technology. These industries own rapid-paced transformation ability that ultimately resulted in state-of-the-art concepts. One such marvellous ingenuity is NFT. So what is NFT? What makes it unique from other digital assets? How does it work? How to…
This is a big deal! What am I talking about? You will find out soon. Let’s dig a bit deeper into it. For the first time in the history of cryptocurrency and blockchain technology, we have a technology that grants complete ownership of unique digital goods. See, I told you, it is a big deal.…