By: on August 16, 2021
In simple terms, fungible tokens are interchangeable or exchangeable, while non-fungible tokens are non-exchangeable. One should notice the main difference that in NFT is the transfer of ownership when a purchase or sale is made. However, functionality, purpose, data, and uses are stored in the blockchain in these tokens. ...
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By: on September 30, 2022
Though NFT originated in 2015, it is becoming famous right now. In 2020, NFTs value has reached $250 million, this value is threefold higher than in 2019.   NFTs are a kind of crypto-assets or a type of digital assets like security tokens, utility coins, and cryptocurrencies that utilize cryptographic methods to develop a monetary system. ...
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By: on April 10, 2021
Non-Fungible tokens have been the most-talked topic in the crypto space. It creates monetizing opportunities for several different brands and collectors.  This is mainly because they are feasibly authentic, highly secure to trade, and can include a wide range of branding opportunities.  At its core, NFT is a rare and one-of-its-kind token. They cannot be replicated or be equated to any other asset. In this way, the developers can utilize NFTs as an effective way to individualize assets on ...
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By: on April 20, 2021
Recently, in the crypto sphere, there is a big hype surrounding Non-Fungible Token (NFT), and people are frequently using the broad term NFT. There is a high demand for NFT development services. But, Non-Fungible Tokens has been around for a couple of years already. Why is this sudden increasing popularity around NFT? What makes this NFT so powerful? Is this really potential?  Let’s have a look at this blog, to get relevant answers to your queries. What is NFT? ...
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By: on May 28, 2021
Today, there is great hype surrounding NFT. Many artists, celebrities, creators are investing in NFT development to represent their works and sell them through the NFT marketplace for gaining profits. NFT marketplace development is becoming a high revenue business. Many entrepreneurs are already launching the NFT marketplace to facilitate seamless NFT transactions and get high returns. To run a perfect NFT marketplace, you should have complete knowledge of the market space and its advantages....
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By: on June 2, 2021
Recently, in the crypto sphere, there is a big hype surrounding Non-Fungible Token (NFT), and people are frequently using the broad term NFT. There is a high demand for NFT development services. But, Non-Fungible Tokens have been around for a couple of years already. Why is this sudden increasing popularity around NFT? What makes this NFT so powerful? Is this really potential?  Let’s have a look at this blog, to get relevant answers to your queries. ...
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By: on June 18, 2021
Technology is rapidly evolving. Blockchain is one of the promising technology that revives multiple industries with possible benefits. Cryptocurrencies Bitcoin and Ethereum have been getting high popularity in the finance sector. Apart from these, new Non-fungible Tokens(NFTs)are getting hype and reap the revenues in millions.  If you have heard about crypto punks, crypto kitties, & crossroads, you have understood the valuation of NFTs. A lot of beneficial features make such an impact on NFT’...
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By: on June 29, 2021
NFTs are digital assets that can represent any creative artistic works and helps creators to reap tremendous profits for their exemplary works. Recent trends around NFTs pave the way for the growth of NFT marketplace development. Many entrepreneurs are investing in launching NFT marketplaces to get passive income and reap the benefits. Now you may have a question like how NFTs are attaining such popularity and the reasons behind this upward trajectory curve of NFT selling. This blog will give de...
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By: on July 27, 2021
NFTs are gaining a lot of attention in the crypto world. NFTs have admiring features and capabilities that help to maintain digital ownership and authenticity of their creative works. The total value of NFT transactions in 2020 has reached $250 million which is highly increased as compared to last year’s sales. The point we need to know was, the NFT is expected to grow and it will become the future of assets. As NFT grows, there are huge demands around on NFT marketplace. Launching a unique NFT ...
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By: on July 29, 2021
What’s an NFT? NFTs or Non-Fungible Tokens are specialized crypto tokens that represent asset ownership and provide values. They are characterized as unique, non-divisible, and non-interchangeable. NFTs can be anything – artwork, property deeds, identities, collectibles, etc. ...
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By: on August 5, 2021
NFTs are enticing digital assets that have great hype in 2021. NFTs are not brand new; Its growth has emerged recently since the NFT crypto kitties quickly rose to notorious success.  Do you believe a digital cat can raise more than $100,000? But It’s real. NFTs have such astonishing potential to yield high profits.  ...
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By: on December 1, 2022
The emergence of non-fungible tokens (NFTs) facilitates digital ownership of an asset. Smart contracts help verify transactions using open-source processes for quicker ownership transfers of NFTs from one wallet to another. This process is proposed and executed using the ERC721 token standard. Cloud Services At Peak At present, almost everyone has mobile phones in their pocket. Cloud services help users store their data. Unlike limited storage facilities in mobile local storage, a cloud sy...
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