Maxonrow
Published in

Maxonrow

Confused about NFTs?Here’s what you need to know!

Beeple’s “Everydays: the First 5000 Days” were being sold as an NFT for over $69Million on Christie’s. Could you ever imagine what NFT brings to the fold and causing people to go crazy over it?

What is NFT?

NFT is technically an acronym for “non-fungible token,” which uses blockchain technology to protect data.

What are NFT’s applications?

“Non-fungible token” as a term itself may be a little hard to understand, but NFT applications are mostly being deployed in the arts and crafts field, with many artists and musicians recently combined their works with NFT in various forms.

NFT Trending

After LINE entered blockchain technology research and development in 2008, the Japanese industry is hopeful about the future of NFTs, from gaming to entertainment to art companies, are actively seeking to enter the NT market, and a worldwide market may be predicted.

Photo via: niftygateway

| Follow us |

Instagram

Facebook

--

--

--

Maxonrow is a leading technology company committed to building a safe and efficient digital world. The company develops an array of products and services powered by blockchain technology, focusing on increasing security and efficiency in digital processes. www.maxonrow.com

Recommended from Medium

Understanding Blockchain, Ledger systems and some facts you shouldn’t miss

NFTs Explained: What they are, how they work, and their future

Anthony Zhang | CEO of Vinovest

“For the Love of Coffee!”

Blockchain Experience: A Tour of the Liquality Design System

DeFi vs CeFi — Problems and Solutions

Everledger: 2020 in review

The major difference between web2 and web3

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
Maxonrow

Maxonrow

Maxonrow builds regulatory compliant solutions for governments, intuitive apps for end users, comprehensive tools for developers. Powered by blockchain.

More from Medium

Why I created www.LifesPositiveLane.com -

France considers cancelling Dakar Rally in Saudi Arabia after ‘terrorist attack’

Marlboro Diner: New Jersey’s Number One Family Styled Diner

Vulnerability Assessment: The Terminological Problem of “Privacy” Within The Privacy Community