NFTs

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3 years ago

-To make an NFT, a digital file - a JPEG, a GIF, an MP4 - must be coined, a computational process that registers it on the blockchain. A work of crypto art is, therefore, a hybrid thing. It is the registration on the blockchain that encodes its origin, a smart contract that defines the conditions of its transfer. -NFT is the "art investment collection market" in the decentralized financial world. However, unlike investment in traditional art, Internet-based cultural products are no longer limited to collecting physical works of art.

LEARN ABOUT NFTs

------------------- examples of using NFTs ------------------------ - .Creation of verifiable ownership of digital assets

.Possibility of interoperability of assets in several games

.Actives in games controlled exclusively by the user instead of the developer

. Potential use in digital art

.Potential use to link physical assets to NFTs for untrustworthy asset transfers

“As NFTs re-imagined how we produce and define ownership of digital content online, we’ll also, in turn, begin to re-imagine a whole new category of financial services based on these new building blocks,” Lasse Clausen, a partner at the venture firm 1kx, said in a press release.

..How to Create an SLP-Based Non-Fungible Token (NFT) Using the Electron Cash Wallet....

In addition to the wallet, you will also need a small fraction of Bitcoin Cash (BCH) to create and send SLP-based tokens. you must download the desktop version of the Interplanetary File System (IPFS), which will allow you to upload a file to the network of IPFS nodes. Once there is a small fraction of bitcoin cash (BCH) in your newly created SLP Electron Cash wallet, you will be able to customize a new token of the SLP NFT1 type. a window in the portfolio of the Electron Cash SLP version allows you to customize SLP tokens and also create a single non-fungible asset. create the nft to your liking, then you simply press "create new token" and the coinage process will begin ..... good luck ...

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