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What is a Non-Fungible Token? How to create it

 2 years ago
source link: https://dev.to/robertj46122142/what-is-a-non-fungible-token-how-to-create-it-13oc
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What is a Non-Fungible Token? How to create it

May 26

・1 min read

The buzzword in the market is undoubtedly Non-Fungible Tokens (NFTs). The market capitalization of Non-Fungible Token development is now worth a whopping $19.08 billion as per CoinMarketCap. Investors trade crypto collectibles valued at $2.66 billion.

Currently, the hot-selling NFTs are artwork, digital horses, gaming assets, memes, music, photos, videos, and virtual property. Non-Fungible Tokens have some special characteristics like indivisibility, interoperability, non-interchangeability, ownership rights, and scarcity.

Who are the biggest creators of Non-Fungible Tokens (NFTs)?

Artists, content creators, fashion designers, game developers, music composers, photographers, publishers, singers, social media users, and videographers are the largest creators of valuable NFTs. They earn millions by selling their digital collectibles in numerous NFT marketplaces.

It is a great opportunity for entrepreneurs to boost their crypto venture by kickstarting lucrative Non-Fungible Token development. They will witness a better business performance by partnering with a competent NFT solutions provider in the market.

Related to know more:Non-Fungible Token Development


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