Spatial Computing with NFTs — Building the Metaverse
So what’s so special about NFTs?
Fast forward to the present, with the rise of Bitcoin and other crypto coins, there’s a hot digital item getting a ton of attention. The Non-Fungible Token.
If you haven’t already read one of the many “Beginners Guide to NFTs”, I’ll explain.
Let's start at the beginning, with CryptoKitty, the NFT which made the concept known to the masses.
But these kitties aren’t just another static image on the internet. They are procedurally generated images based on genetic information and properties. When created all of this info is stored onto the Blockchain. This is called ‘Minting’ and is the birth of that individual Kitty, which becomes a Crypto Token.
This type of Crypto Token is known as an NFT — (Non-Fungible Token). Because it has unique identity data which other ‘Kitty Tokens’ might not have, thus identifiable. The best example would be a Blue Kitty vs Green Kitty, Two different NFTs each a Kitty, but different colors.
This Token created The NFT Revolution!