What is an NFT? An NFT is something unique, or which represents something unique, recorded on a blockchain. NFTs can create unique digital assets or can be digitally linked (via a QR or other ID code) to a tangible asset, presenting opportunities including in the areas of art, games and...
The process of verifying the ownership of both physical and digital assets is an integral component of most businesses and systems. Furthermore, throughout history, individuals have collected scarce and valuable assets such as art, jewelry, and land. Today that trend has extended into collectibles ...
Leveraging cryptographic signatures native to the blockchain on which an NFT is issued, one can easily determine the origin and the current owner of the asset in question in seconds. What types of assets can non-fungible tokens be used for?
NFT is a mechanism that allows the purchaser of your products to verify what they have purchased while ensuring that what you are selling cannot be traded. It enables participants in an ecosystem to ensure what they own and what value it holds will not be affected by any other user or serv...
An NFT is different from a cryptocurrency in that it is defined by metadata that builds-in a role, function, and value that are unique to it. Specifically, a non-fungible token can be a video game asset, a work of art, a collectible card or image, or any other “unique” object sto...
The newest NFT-based role-playing game, Axie Infinity, is sweeping the crypto and gaming industry by storm. It is now the fastest-growing blockchain game, given the fact that players may make money simply by playing. Axie Infinity has a lot of interesting gameplay. Because of its enjoyable...
An official merchandise creator for Among Us recently stumbled upon thousands of NFT sales based on artwork from the game, none of which had been authorized by the studio. This is just a glimpse at the issue thousands of artists are facing, leading to a divide on whether NFT...
What an NFT is and isn't Common questions How NFTs work Ecosystem players The energy question Corporate innovation & NFTs This episode is all about NFTs. It seems like nothing has caught on and spread into mainstream interest like NFTs, where one hears everything from “I’ve never seen any...
Their ownership really means that the player has only acquired a right or non-exclusive license to sell the NFT on third-party marketplaces or use the underlying digital asset in the game. Thus, while NFT holders can say that an NFT is theirs and point to their name on a blockchain as...
The process of verifying the ownership of both physical and digital assets is an integral component of most businesses and systems. Furthermore, throughout history, individuals have collected scarce and valuable assets such as art, jewelry, and land. Today that trend has extended into collectibles ...