Published in


NFTs: a passing fad or here to stay?

NFTs symbolise a cultural shift towards a creator-economy and represent your rights to something. An explanation for ‘non-fungible’ can be likened to painting a picture that would not be the same as a picture someone else might paint since the two differ from a rights’ perspective. Yes, you can take a screenshot and copy it, but the digital signature that says “it’s mine” cannot be copied. Powerful, because digital ownership is a fundamental concept in this new metaverse-driven world.

Atomic swaps’ (a Peer2 Peer transaction) can present a challenge since they make…




Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project — , Email  —

Recommended from Medium

Revest Finance Announces Partnership with BLOCKS DAO, LLC.

[XT] Daily Blockchain Newsfeed, Thursday, November 5th

What Are The Benefits Of Using the Binance Smart Chain for SCIENTIA?

Migration Update

Product Spotlight: Elfin Kingdom partners with Polygon Studios

How to create an ILO?

What is DeFi?

The Evolution of DeFi Liquidity Infrastructure

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jonny Fry

Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175

More from Medium

The Graph: Building a subgraph with The Sandbox

How NFTs can be used in loyalty programs

Suptho Adds Y-Combinator Alumni Orange DAO as a Key Investor

Should The Current Events In The Crypto Market Scare You?