NFTs are a digital revolution. They have the power to bring scarcity into a world of abundance, to fairly compensate digital artists for their work, and to revolutionize the ownership of digital assets. And the potential for NFTs goes further than just the digital world, with applications in the real world as well. But NFTs… Continue reading NFTs’ Adoption Challenges
Month: June 2021
Are all NFTs on ETH? And What Are the Alternatives?
All those crazy NFTs sales, from Beeple to Grimes and famous memes, happened on the Ethereum blockchain. So, you cannot help but wonder – could it have happened on other blockchains similar to Ethereum? In fact, are all NFTs on ETH? Are there any ETH Alternatives? The answers to these questions are more complex than… Continue reading Are all NFTs on ETH? And What Are the Alternatives?
NFTs’ Open Path to Digital Scarcity
“Digital scarcity”… Sounds weird, doesn’t it? Scarcity and the digital world are two concepts that usually don’t go well together. After all, how can an easily replicable digital file be worth anything? Yes, there might be hours of work behind a digital painting, but all it generally takes is a “right click, save it under…”… Continue reading NFTs’ Open Path to Digital Scarcity
NFTs, A Revolution For The Gaming Industry?
The online gaming industry is a huge market worth billions of dollars with its own perks and pitfalls. In 2020 alone, the revenue produced by this segment made up 18 billion USD with the overall number of participants totaling 932 mln of users. The pandemic has added its two cents by making people spend more… Continue reading NFTs, A Revolution For The Gaming Industry?