NFTs are taking the stage for trading. People are now more interested in using NFTs - unique cryptographic tokens - for buying, selling, and trading tangible assets. The best part is it reduces the risk of fraud.
Still not sure what NFTs exactly are?
In this video, YouTuber and entrepreneur Gary Vee explain the NFTs in the easiest way possible in just 60 seconds.
NFTs are like bucks and coins in our profile to shop skins and virtual things in video games. Those virtual bucks and coins are a utility in the video game world. You can show that virtual money to the other players of that video game.
This virtuality is going to be with everything in the world, not just with video games. Everything has the potential to be a non-fungible token. The metadata access of humans and companies is going to be the game.
If you have an NFT chip for Chipolite, and it is a golden burrito, you have that utility for life.
Keep visiting the space for more technical knowledge from your favorite tech influencers.
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