This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Non-Fungible Tokens (NFTs) have revolutionized the crypto space, offering unique digital ownership. From CryptoKitties to gaming assets, NFTs are reshaping how we perceive value in the digital world. This article breaks down the fundamentals of NFTs, their characteristics, and real-world applications.
- NFTs are unique digital assets on the blockchain, differing from fungible tokens like cryptocurrencies.
- ERC721 and ERC1155 are leading NFT standards, enabling diverse applications from collectibles to gaming.
- NFTs offer key features like immutability, programmability, and liquidity, driving their adoption across industries.
📎 Related coverage from: coincodecap.com
Related Tags: Ethereum
Other Tags: Axie Infinity, Decentraland, AWS, Blockchain, Crypto.com, Enjin, Facebook, Instagram, NFT, OpenZeppelin, Rarible