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Is the Future of NFTs Sustainable? This Co-Founder Certainly Thinks So

Is the Future of NFTs Sustainable? This Co-Founder Certainly Thinks So
The future of NFTs is very bright, and just like DeFi has become a sustainable sector in the Crypto market, NFTs will ultimately achieve product-market fit with greater accessibility and affordable transaction costs. According to data from DappRadar, the average NFT price peaked at $
4334.21 on February 22, 2021, which was 40 times that of six months ago. The popularity of NFTs has exploded since the start of the year. NFTs can be art, music, collectibles, real estate, sports, fantasy football, games, almost anything. NFTs allow for the creation and sharing of art in a way that has never been done before. ....

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NFTs Are One of The Biggest Things in The World of Blockchain, But What Are They?

Did you get the memo? Everyone is talking about NFTs. If you are a late adopter, then allow us to fill you in on the exciting world of NFTs. In 2021 ....

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Non-fungible tokens are revolutionising the art world – and art theft

Non-fungible tokens are revolutionising the art world – and art theft
Alex Hern UK technology editor
© Provided by The Guardian
Photograph: Christie s Auction House
But while the new cryptocurrency craze may have brought the high-end art market into the 21st century, it’s also modernising another aspect of the industry: art thieves.
At their simplest, non-fungible tokens, or NFTs, can be thought of as “bitcoin for art”. Just as bitcoin created the ability to spend and save a sort of digital money without any centralised authority, so too do NFTs allow for pictures, videos, music, or anything else that can be digitally represented, to be wrapped up in a format that can be traded, stored or authenticated without needing to turn to a gatekeeper. ....

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Non-fungible tokens are revolutionising the art world – and art theft

Last modified on Tue 16 Mar 2021 11.00 EDT
But while the new cryptocurrency craze may have brought the high-end art market into the 21st century, itâs also modernising another aspect of the industry: art thieves.
At their simplest, non-fungible tokens, or NFTs, can be thought of as âbitcoin for artâ. Just as bitcoin created the ability to spend and save a sort of digital money without any centralised authority, so too do NFTs allow for pictures, videos, music, or anything else that can be digitally represented, to be wrapped up in a format that can be traded, stored or authenticated without needing to turn to a gatekeeper. ....

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