Translate

venerdì 8 aprile 2022

NFT: property limits, practical considerations

Although blockchain is applied in several circumscribed types of activities, such as money collection (both via ICOs/IFOs/IEOs/etc.) and decentralized finance in particular, its applications have been limited to a number of events.

With NFTs, the opportunities have been greatly amplified due to factors such as uniqueness, ownership and liquidity, which in fact have made it possible to connect real, everyday cases to the Blockchain.


NFTs are essentially decentralized applications that enjoy the benefits and properties of the underlying public ledgers, so NFTs can be verified, minted, sold, and purchased with publicly verifiable data and business records stored in a theoretically persistent manner without being manipulated once transactions are deemed confirmed.

Thanks to the NFT has literally exploded the gaming industry and several are the "crypto-games" that are depopulating, not only among young people, there are many opportunities for both fun and gain (just think of breeding games) and thanks to digital collectibles have established and enhanced the industries of trading cards, digital images, virtual real estate, domain names, diamonds, and much more.

The future of NFTs and the Blockchain also addresses the Metaverse industry by creating a shared virtual collective space that enables different types of digital activities, in a decentralized environment ideal for the online virtual world. 

Read more https://www.linkedin.com/feed/update/urn:li:ugcPost:6918186922439835648?