a01010.eth
@bulbulhussain
1 reply
0 recast
2 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
1 reply
0 recast
0 reaction
1 reply
0 recast
1 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Non-fungible tokens (NFTs) are unique digital assets that signify ownership or authenticity of items using blockchain technology. Unlike cryptocurrencies like Bitcoin, which are identical and interchangeable, NFTs are distinct and cannot be exchanged on a one-to-one basis. They can represent digital art, music, videos, in-game items, and more.
Stored on blockchains like Ethereum, NFTs provide verifiable and immutable proof of ownership. This allows artists and creators to monetize their digital works directly, often incorporating royalties for future resales.
NFTs have surged in popularity, leading to the rise of specialized marketplaces such as OpenSea and Rarible. However, they face criticism for their environmental impact due to high energy consumption and concerns over market speculation. Despite these issues, NFTs are revolutionizing digital ownership and content monetization. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
10 reactions
0 reply
0 recast
6 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction