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WELCOM

E
TO NON-
FUNGIBL
E TOKEN
(NFT)
INDE
X
• What Is a Non-Fungible Token (NFT) ?
• How do you use NFTs ?
• How do NFTs work ?
• Why is everyone investing in NFTS ?
• What is the future of NFTs ?
• How is NFT different from Bitcoin ?
What Is a Non-Fungible Token (NFT)?
Non-fungible tokens (NFTs) area unit the digital illustration of
distinctive assets. NFTs are a additional distinct quality category that
might amendment additional use cases than native blockchain tokens
or alternative fungible tokens.
In the past few years, the usage of NFTs has adult, and it's currently
employed in many industries across completely different sectors. they are
connected with the diversion and digital collectibles areas and are most
ordinarily found as a selected Ethereum token created on the ERC-721
model.
In 2021, the usage can increase to expand to alternative blockchains like
binance good Chain's BEP-721 model.
How do you use NFTs ?
Use Cases of Non-Fungible Token:
Gaming Industry
NFTs are widespread within the gaming trade since these tokens solve a number of
their internal difficulties. for example, widespread games nowadays like PUBG and
Fortnite ban the acquisition of rare options and things like weapons. With NFTs,
these things will simply be transferred and used.
Interesting, right?
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