NFTs are digital tokens that prove ownership of a unique item on the blockchain. Unlike cryptocurrencies, each NFT is one‑of‑a‑kind, letting creators sell art, music, or even virtual real estate with transparent proof of scarcity. They unlock royalties, enable gaming rewards, and give collectors verifiable provenance—redefining ownership in the digital age.
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Bitcoin halving cuts block rewards by 50%, slashing miners’ revenue overnight. To keep up, miners boost hash‑rate, often accelerating network security. The reduced supply growth tightens scarcity, historically pushing prices higher. Yet the shock to miners can trigger short‑term volatility before the new equilibrium settles.
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NFTs are more than digital art. In real estate, tokenized deeds enable fractional ownership and instant transfers. In supply chain, each product’s provenance is recorded on the blockchain, boosting transparency and reducing fraud. From voting rights to intellectual property, the possibilities grow every day.
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