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NFTs are excellent goods for trading

NFTs are excellent goods for trading

They are viable as long-term assets because they can be easily traded without restriction.

Their record of authenticity and proof of ownership provides owners with a sense of security around their assets.

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39 reads

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NFTs are scarce

NFTs are scarce

The non-fungible nature of NFTs makes them valuable because they tend to be released in limited quantities:

  • Though one could see an NFT collection with 10,000 different models being minted and sold, they cannot be re-released once they are gone.
  • Traditional sto...

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72 reads

NFTs decentralize gaming

NFTs are already changing the gaming paradigm by seizing power from the big companies and handing it to the players.

Decentralized gaming works by developing games built on decentralized technology.

The play-to-earn model helps games make in-game rewards by playing th...

3

32 reads

NFT art can make you rich

NFT art can make you rich

NFTs make ownership easier to manage, thanks to the blockchain. Since minted NFTs are part of the blockchain, they cut off intermediaries and empower content creators.

Now, you’re able to create your stuff and sell it to those interested in them directly. A musician can...

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30 reads

The scarcity of an NFT is determined by its availability

  • If there are only an X number of NFTs available ever, then that means after all of them are sold out, it’s over. This is what’s known as absolute scarcity.
  • However, even inside the pool of available NFTs in a collection, there’s another type of scarcity: re...

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41 reads

NFTs can be access keys

NFTs are being used as access keys to many events, such as Coachella’s lifetime passes. Soon, NFTs will be understood as more than pixelated illustrations or GIFs: they’ll become entry passes for events, clubs, and memberships.

This hints at the diverse ways NFTs can be use...

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29 reads

NFTs are becoming mainstream

  • Not everybody knows how NFTs work, but you’d be hard-pressed to find someone in 2022 who hasn’t once heard about the term.
  • NFT was the most searched word on online browsers in 2021.
  • Today, many big companies, brands, and business conglomerates are investing i...

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35 reads

NFTs create decentralized economies

NFTs create decentralized economies

NFTs are viable and have been promoting the creation of decentralized business.

  • Thanks to virtual lands and the Metaverse, we’ve seen decentralized real estate become a million-dollar business almost overnight.
  • Soon, decentralized service providers will use NFTs as...

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37 reads

NFTs are more appealing than stocks

NFTs are more appealing than stocks

People enjoy collecting NFTs because they enjoy purchasing art. Numbers, charts, and stock graphs hardly compare to mystifying digital illustrations, awe-inspiring videos, and gaming rewards.

NFT art collection is similar to a real-life art collection at an auction house.

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30 reads

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kal_iuu

"Dreaming big means planning big." - Patrick Llewellyn

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HOW DO YOU BUY CRYPTO ART?

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