First-time investors should know that there are 2 important concepts which are required to be understood regarding NFTs (Non-Fungible Tokens): fungibility and tokens. Tokens are limited, digitally authenticated assets and these secured by decentralized blockchains. Fungibility is defined as a term utilised to describe assets holding equal value to one another. For example, 1 ounce
The world of cryptocurrency has been shaken up in recent times by the advent of non-fungible tokens, or NFTs. NFTs have taken the digital art world by storm, and have been used for a wide range of purposes, from virtual real estate to collectible sports cards. In this article, we will explore the rise of
Of the various tech innovations of the last few decades, few have had the immediate impact of blockchain technology. This tech is the basis of cryptocurrencies such as Bitcoin or Ethereum. Of course, these aren’t the only innovations that blockchain tech has helped to usher in. The latest trend that has swept up the attention
This year, non-fungible tokens (NFTs) have exploded on the scene. These digital assets are being sold like 17th-century exotic Dutch tulips – some for millions of dollars. They range from art to music to tacos to toilet paper. NFTs are expensive, but are they worth the hype? Like the dot-com craze or Beanie Babies, some
