Gamma Law
Non-fungible tokens (NFTs) are becoming increasingly popular. In comparison with fungible tokens such as Bitcoin and Ethereum which can be divided into smaller parts, each non-fungible token is indivisible and has its own distinct value.
The New York Times archives are filled with thousands of stories in print storage and digital databases. Subscribers can access and read these stories whenever they like. However, on March 24th, 2021 a collector paid more than $500,000 for a non-fungible token (NFT) of the first article the Gray Lady ever published about NFTs and cryptocurrency.
Technology has changed the way the world generates, grows, stores, and maintains value. The concept of “asset” has evolved from strictly tangible exchange media to digital property such as cryptocurrency and non-fungible tokens (NFTs). Digital assets are the latest trend, occupying the thoughts – and wallets – of a growing number of buyers, investors, and speculators.
One of the hottest trends of 2021, non-fungible tokens (NFTs) have empowered a new generation of digital artists and turned many speculators and creators into millionaires and overnight celebrities.
While seamless global remittances and a digital store of value were the first use cases for blockchain technology, this innovation has much more to offer. Due to its immutable nature and cryptographic features, blockchains can be used to prove the security and fairness of just about anything.
While seamless global remittances and a digital store of value were the first use cases for blockchain technology, this innovation has much more to offer. Due to its immutable nature and cryptographic features, blockchains can be used to prove the security and fairness of just about anything.
While seamless global remittances and a digital store of value were the first use cases for blockchain technology, this innovation has much more to offer. Due to its immutable nature and cryptographic features, blockchains can be used to prove the security and fairness of just about anything.
The billion dollar eSports industry is continuing its impressive growth. As such, game developers and companies continue to iterate on an already impressive suite of products that have kept players coming back for more. Yet, there are still major issues within the industry in regards to payments, security, and other areas that are ripe for disruption.
Blockchain technology has come a long way since the early days of Bitcoin. Today, blockchains are overwhelmingly recognized as useful, innovative tools for both consumer and business applications. As the industry has blossomed, narratives and trends continue to emerge. If these play out positively, blockchain networks could become the latest form of ubiquitous technology, but if they don’t, it will be rough times ahead for decentralized networks.
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