If 2020 was the year of DeFi in the cryptocurrency space, it wouldn’t be far-fetched to say that 2021 so far is looking like the year of Non-Fungible Tokens, or NFTs. Unlike their fungible counterparts where each token incurs the same value/properties (i.e., traditional crypto tokens), NFTs are cryptocurrency tokens that are distinct from one another, representing different entities of value/assets, and cannot be duplicated.
Today, we have a brand new report on the topic, and we think you’re going to love it.
The purpose of this report is to illustrate the fundamentals of NFTs as well as some of their plethora of use-cases and applications. Inside, we have quotes from Elitium, RARE.Store, ArtWallet.co, and Zilliqa Capital. From digital artwork to domain name ownership to in-game attributes, the applications of NFTs are wide-ranging and promising.
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