NFTS will soon live in your brain-rent free

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The first wave of unalterable tokens (NFT) consisted mainly of speculation, blockchain-related artwork (not deployed on blockchain), and a small amount of technological innovation. However, NFT sales were on top of the roof: beeple- $ 69 million, crypto banks- $ 7.58 million and more. This created a FOMO (fear of jumping) in which greed tried to make money quickly without anyone understanding what they were buying or when they were buying. In the long term, however, NFTs are acceptable in a wide range of usage situations, including the gaming Sunday, and crypto art may play an increasingly less role in general NFT use.

NFTS status to date

NFT is a form of Technology-a form of information stored on the blockchain and represents the right to digital ownership. This technology is a byproduct of the ethereum smart contract standard-usually the erc-721 standard.

Basic NFT technology has been around for some time, but recently it has not been seen that the public has a better understanding of a particular state of use. NFTS can be digitally associated with real items. For example, a lawyer or judge may see a unique icon as proof of ownership. NFTS can also be associated with virtual items, such as 3D game items or digital land pieces.

First, NFT can be used in slower Sundays. For example, you can sell your house or car with NFT. When you want to transfer a product, you make a payment with ethereum and deliver the NFT to another person. Now whoever owns this NFT can take it to court and prove ownership of the property.

NFTs are widely acceptable in the legal world, representing real estate, company shares and even marriage or divorce agreements. This is what Bitcoin and tracking blockchains are designed for: tracking.

In the case of cryptocurrency, the register tracks who controls access to the currency and when. Also,

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