Cryptocurrency News

What is an NFT and why are they so popular?

2022.08.20 05:54

What is an NFT and why are they so popular?
What is an NFT and why are they so popular?

 

Nonfungible tokens (NFTs) have been part and parcel of the cryptocurrency space for the last couple of years. Still, their value and utility across several industries have driven their proliferation into mainstream consciousness.

Cointelegraph’s director of video production Jackson DuMont delves into the intricacies of NFTs, highlighting the importance of the underlying blockchain technology in proving ownership of digitally scarce assets:

Source

What is an NFT and why are they so popular?

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,472.85 1.82%
ethereum
Ethereum (ETH) $ 2,684.19 2.43%
xrp
XRP (XRP) $ 2.58 2.68%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 653.36 0.20%
solana
Solana (SOL) $ 171.29 1.60%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.242753 4.14%
cardano
Cardano (ADA) $ 0.769446 4.03%
staked-ether
Lido Staked Ether (STETH) $ 2,683.12 2.46%
tron
TRON (TRX) $ 0.238692 4.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,451.84 1.62%
chainlink
Chainlink (LINK) $ 17.60 3.46%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,203.27 2.38%
avalanche-2
Avalanche (AVAX) $ 25.30 0.94%
sui
Sui (SUI) $ 3.35 5.45%
stellar
Stellar (XLM) $ 0.329145 2.92%
litecoin
Litecoin (LTC) $ 129.52 4.01%
hedera-hashgraph
Hedera (HBAR) $ 0.217198 1.37%
leo-token
LEO Token (LEO) $ 9.74 0.24%
the-open-network
Toncoin (TON) $ 3.60 0.32%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 2.10%
hyperliquid
Hyperliquid (HYPE) $ 24.83 0.35%
usds
USDS (USDS) $ 1.00 0.06%
polkadot
Polkadot (DOT) $ 5.18 2.39%
weth
WETH (WETH) $ 2,683.91 2.43%
mantra-dao
MANTRA (OM) $ 7.61 2.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 319.26 2.13%
bitget-token
Bitget Token (BGB) $ 5.07 8.63%
ethena-usde
Ethena USDe (USDE) $ 0.998968 0.07%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,845.35 2.42%
uniswap
Uniswap (UNI) $ 8.78 6.22%
monero
Monero (XMR) $ 231.17 1.85%
near
NEAR Protocol (NEAR) $ 3.48 0.01%
whitebit
WhiteBIT Coin (WBT) $ 27.40 0.44%
pepe
Pepe (PEPE) $ 0.000009 5.47%
bittensor
Bittensor (TAO) $ 437.84 6.24%
aave
Aave (AAVE) $ 242.90 7.40%
ondo-finance
Ondo (ONDO) $ 1.13 7.68%
aptos
Aptos (APT) $ 6.04 5.92%
internet-computer
Internet Computer (ICP) $ 7.12 0.05%
dai
Dai (DAI) $ 1.00 0.01%
official-trump
Official Trump (TRUMP) $ 16.13 3.06%
ethereum-classic
Ethereum Classic (ETC) $ 20.24 3.32%
mantle
Mantle (MNT) $ 0.883181 14.71%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.02 1.12%
okb
OKB (OKB) $ 49.11 0.48%
gatechain-token
Gate (GT) $ 23.23 1.54%
susds
sUSDS (SUSDS) $ 1.04 0.10%
sonic-3
Sonic (prev. FTM) (S) $ 0.870503 11.12%