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NonFungible

Beginners Guide to Non-Fungible Tokens

NFTs are among the segments of the bitcoin market with the fastest growth. Here’s a beginner’s guide Utility tokens, security tokens, privacy tokens, and cryptocurrencies alongside the growth and development of blockchain and cryptography technology, digital assets and the categories that they fall under are growing. One of the parts of the cryptocurrency market with the quickest growth is non-fungible tokens (NFTs). Here, we examine the nature, functionality, and applications of non-fungible tokens. Digital assets known…

Automaker Porsche Joins the Non-Fungible Tokens Bandwagon

Porsche is the next company in line to get into NFT business Porsche is the latest automaker to get into the non-fungible token (NFT) art business. The automaker introduces the collection of digital images featuring the 911 at Art Basel in Miami, Florida. Porsche partners with 3D artist Patrick Vogel and his studio ALT/SHIFT created these designs. Buyers select a core theme for their car: Lifestyle, Performance, and Heritage. In January 2023, the company plans to have 7,500 unique NFTs available. Purchases are limited…

How a Warm Beer Defined the Notion for Non-Fungible Tokens in 2015

NFT this, NFT THAT- TBH, I’m NFT’ed out after finally completing the Nifty Encylopedia; An Unbiased Technical and Historical Guide to all things NFT-related, but sadly, despite wanting to take a mini vacation from nifty nonsense, I’d be a real asshat if I didn’t share my journey, knowledge, data collection, and first-hand experience with the inventors of this technology.It’s a total honor to have written a chapter in The Nifty Encylopedia with Eric Pulier, Craig Sellars, and Reeve Collins, these men who are responsible…

The Ultimate Non-Fungible Tokens (NFTs) Guide: Use Cases, Ecosystem, Benefits & Challenges

In this article, the NFTs phenomenon is explored in several aspects, starting with an overview of the NFT main features and their standards, then providing NFTs use cases, state-of-the-art NFT solutions, ecosystem landscape, and market overview. Afterward, the benefits and challenges of the NFT technology are discussed. Non-fungible tokens (NFTs) are cryptocurrency tokens that replicate tangible attributes of physical items like uniqueness, scarcity, and proof of ownership. At the same time, they represent unique,…

88% drop in Google searches for ‘buying NFTs’ as crypto market crashes

As mayhem continues across the crypto market, be it cryptocurrencies or Blockchain-based Decentralised finance (DeFi), there has also been a massive 88% drop in Google searches for "buying NFTs", a new report said on Tuesday.The term "buy NFT" has dropped down to a score of 12 on a scale of 100 at the beginning of June, representing an 88% drop from its peak score of 100 that was recorded in January, reports niche news publisher Bankless Times.Similarly, the term "sell NFT" saw a 86% decline in its search interest score…

3D NFTs are the Next Step in the Evolution of Non-Fungible Tokens

Since their unexpected rise in popularity, 3D NFTs are the next chapter in the evolution of non-fungible tokens. The usefulness of NFTs has stirred debate. Amrit Pal Singh has been licensing his Frida Kahlo, Malala Yousafzai, and Van Gogh toy faces to various firms before selling NFTs of them for roughly R11 lakh. Siraj Hassan, a long-time photographer, and videographer with an interest in 3D illustrations from Chennai stumbled upon a post about crypto-art on social media a few months ago. It grabbed his…