In 2020, we witnessed the emergence of NFTs, which were sold for millions and now most of them is worthless.
Static NFTs are cannot be altered after they are created. They are usually used for simple digital art or collectibles. Static NFTs have the advantage of being simple and secure as they cannot be changed, but they lack the flexibility to adapt to changes in the market or user preferences. Dynamic NFTs, on the other hand, are programmable and can be updated or changed over time. They can incorporate external data sources and respond to changes in the market or user preferences. Dynamic NFTs have the potential for greater innovation, but may also be more complex to create and maintain.
In this post, we will dive deeper into the history and evolution of NFTs. NFTs, or non-fungible tokens, have revolutionized te art world by allowing digital artwork to be bought, sold, and owned just like physical art.
Non-Fungible Tokens (NFTs) have been making headlines in recent times, especially in the art and gaming industries, But what exactly are NFTs, and how do they work? In this blog post, we will delve into the world of NFTs and explore their workings.
The answer to this question is twofold: because there's a demand for them and because they're scarce, As with most other commodities, NFTs are valuable because people want them and because there isn't enough supply for everyone who wants them.
What are fungibility, fungible tokens, and non-fungible tokens In this guide, we’ll explain everything you need to know about these concepts and how they relate to cryptocurrency and the blockchain industry at large.