NFT

Since the launch of blockchain technology in 2011, the financial world has welcomed many other related projects. One of the most innovative yet simple ones is using Non-Fungible Tokens (NFT). An NFT is a unit of data stored on a blockchain, and it assigns unique tags to digital assets which are not subject to any form of change. Even though NFTs sit on the same blockchain technology as cryptos, they are not currencies. Since their debut, NFTs have proven themselves as…

Non-fungible tokens (NFTs) are digital tokens representing ownership of an item. These items can be either physical or digital. Additionally, they may be from artworks, collectibles, real estate, soundtracks, sneakers, tweets, video games, or in-game items. NFTs have rare attributes resulting from their unique in-built code. Moreover, you can't divide them into smaller units. 2020 was their breakout year; since then, they've continued to grow. Today, they're a popular trend, with many crypto holders seeking to own them. Additionally, many…

It is always hard to keep up with an industry that constantly launches new successful products by the year. The blockchain world is one such industry that seems just to be scratching the surface of its full potential. Even then, it has managed to top over 22000 different cryptos as of the end of January 2023. While not particularly new in crypto terms, NFTs and Stablecoins are still very new concepts to most people who aren't avid followers of the…

From time immemorial, people have always loved to collect and store items they consider useful. From books, posters, stamps, Pokemon cards, games, souvenirs, etc., people have loved to collect things that resonate with their interests and passions.  Imagine owning your favorite celebrity's memorabilia or a virtual gallery of digital artwork you can take anywhere. Yes! This is possible through non-fungible tokens (NFTs) on the blockchain. NFTs are a type of crypto token representing physical assets and cannot be interchanged or…