Two years ago, Non-fungible tokens captivated the world with skyrocketing prices and mainstream attention, but then the market snapped back and many said that NFTs were “dead.”
Even with the NFT market reaching sales volumes of nearly 200,000 NFTs worth over $191 million per day it’s easy to dismiss them as Internet culture toys due to headline grabbing projects likeThe NFT industry spent enormous energy and resources to make this possible; building, testing, and shipping some of the most game-changing technologies to date.how
The NFT industry created a revolutionary property rights system that is available 24/7/365 to anyone, anywhere at a fraction of the cost of traditional systems, and conveys uniqueness to any asset including digital files.being bought, sold, or transferred are the rights to an underlying asset that is linked to the NFT. The assets and the rights that can be conveyed are virtually limitless.
NFTs redefine what’s possible through verifiable global ownership and authenticity. In the early days of the Internet, we didn’t know how accessible, affordable communication would transform the world, and it profoundly impacted every industry.
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