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NFTs

Practical Usage

What are virtual galleries in the NFT space?

Feb 19,24

Understanding Virtual Galleries in the NFT Space Introduction to Virtual Galleries Virtual galleries in the Non-Fungible Tokens (NFTs) space refer to 3D and 2D virtual showrooms or spaces where digital artists can display, exhibit, and sell their art in the form of NFTs. These online exhibition spaces aim to replicate the physical art exhibition experience, …

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Fundamentals

How do NFTs differ from cryptocurrencies?

Feb 18,24

NFTs differ from cryptocurrencies: A Brief NFTs, or Non-Fungible Tokens, and cryptocurrencies are both fundamental components of the digital asset world, which is built on blockchain technology. However, they have significant differences in their structures, usages, and underlying principles. If we unpack these differences, we can fully assess their unique characteristics and give a detailed …

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Fundamentals

What are Non-Fungible Tokens (NFTs)?

Feb 18,24

Understanding Non-Fungible Tokens (NFTs) Non-Fungible Tokens, or NFTs, represent an emerging and rapidly evolving asset class within the world of digital blockchain technologies. These digital assets hold unique properties and characteristics that differentiate them from other standard token types, specifically their ‘non-fungibility’. This quality means each NFT has a distinct value unlinked from any other …

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