Sunday, May 26, 2024

Tag Archives: cryptokitties

What are NFTs? How will it change the way we use things? Simply Explained | Cryptela

What are NFTs? How will it change the way we use things? What are NFTs? If you’re not familiar with the term, NFT stands for Non-Fungible Token.A Non-Fungible Token is a virtual asset that is unique, meaning it’s not interchangeable and can’t be exchanged for another asset. The first use case that comes to mind when we talk about NFTs are cryptocurrencies like Ethereum and ERC-721 tokens. Before heading forward, you guys need to visit our Cryptela […]

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NFTs Are Fueling a Boom in Digital Art. Here’s How They Work | WSJ

Non-fungible tokens, or NFTs, have exploded onto the digital art scene this past year. Proponents say they are a way to make digital assets scarce, and therefore more valuable. WSJ explains how they work, and why skeptics question whether they’re built to last. Photo Illustration: Jacob Reynolds/WSJ These Cryptocurrencies Make Owning Memes Possible WSJ Glossary Markets and economics are complex. It’s easy to be overwhelmed by a sea of wonky indicators and lose track of why they […]

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