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Showing posts from September, 2022

What is NFT? The Rise of Non-Fungible Tokens in Cryptocurrency

  If you’re on major NFA platforms, chances are collectors are there, too. Take advantage of the opportunity by seeking them out and then making a competitive proposal. New users will spread the word about the project, prompting others to enter the market. Once the buying process is completed, the ownership gets recorded on the blockchain, and in no way can it be tampered with. This allows anyone on the blockchain to verify and trace the authenticity of the ownership. The most exciting possibility for NFTs lies in the creation of new markets and forms of investment. Consider a piece of real estate parceled out into multiple divisions, each of which contains different characteristics and property types. One of the divisions might be next to a beach while another is in an entertainment complex, and yet another is a residential district. Depending on its characteristics, each piece of land is unique, priced differently, and represented with an NFT. Real estate trading, a complex and bu