Would you believe me if I say that a tweet was sold for $2.9 million? Would you believe me if I say digital art was sold for about $69 million? Absolutely, yes! It was Jack Dorsey, CEO of Twitter, who sold his 15-year old tweet as a Non-Fungible Token for such a huge capital. Similarly,…
The technology is augmenting each day to the extent of matching the virtual world with the real world. One such state-of-the-art technology in the field of cryptocurrency and blockchain is NFT rental and mortgages. The ERC-2615 standard proposes an extension to the ERC-721 standards to lend a hand in rental and mortgage functions. These functions…
Non-Fungible Tokens (NFT) is now one of the dominant terminologies used in the field of cryptocurrency and blockchain technology. These industries own rapid-paced transformation ability that ultimately resulted in state-of-the-art concepts. One such marvellous ingenuity is NFT. So what is NFT? What makes it unique from other digital assets? How does it work? How to…
This is a big deal! What am I talking about? You will find out soon. Let’s dig a bit deeper into it. For the first time in the history of cryptocurrency and blockchain technology, we have a technology that grants complete ownership of unique digital goods. See, I told you, it is a big deal.…