(Created blank page) |
No edit summary |
||
| Line 1: | Line 1: | ||
A digital token that is unique and cannot be replicated, that is recorded in a blockchain, is known as a '''[https://en.wikipedia.org/wiki/Non-fungible_token non-fungible token (NFT)]'''. These tokens are used to verify authenticity and ownership of digital files like videos, audio, and images. The blockchain records the ownership of NFTs, making it possible to sell and trade them. Anyone can create NFTs, and they don't require much technical knowledge. | |||
Though NFTs are considered as a public certificate of authenticity and proof of ownership, the legal rights that come with owning an NFT are not clear. The blockchain's definition of ownership does not imply copyright, intellectual property rights or any other legal rights over the associated digital file. An NFT does not limit the sharing or copying of its related digital file, and it does not prevent the creation of NFTs that reference identical files. | |||
From 2020 to 2021, the NFT market saw significant growth, with trading reaching $17 billion in 2021, a 21,000% increase from the previous year. However, NFTs have been criticized for their environmental impact and association with speculative investments, as well as art scams. In 2022, the market experienced a major downturn, with sales dropping over 90% from their peak.<ref>https://en.wikipedia.org/wiki/Non-fungible_token</ref> | |||
===Neo Tokyo NFT Assets=== | |||
In [[Neo Tokyo]], there are several NFTs (non-fungible tokens) that serve as both a traditional profile picture and a way to gain access to [[The Citadel]]. All of Neo Tokyo's NFTs are aggregated below. | |||
==References== | |||
Latest revision as of 16:24, 22 January 2023
A digital token that is unique and cannot be replicated, that is recorded in a blockchain, is known as a non-fungible token (NFT). These tokens are used to verify authenticity and ownership of digital files like videos, audio, and images. The blockchain records the ownership of NFTs, making it possible to sell and trade them. Anyone can create NFTs, and they don't require much technical knowledge. Though NFTs are considered as a public certificate of authenticity and proof of ownership, the legal rights that come with owning an NFT are not clear. The blockchain's definition of ownership does not imply copyright, intellectual property rights or any other legal rights over the associated digital file. An NFT does not limit the sharing or copying of its related digital file, and it does not prevent the creation of NFTs that reference identical files. From 2020 to 2021, the NFT market saw significant growth, with trading reaching $17 billion in 2021, a 21,000% increase from the previous year. However, NFTs have been criticized for their environmental impact and association with speculative investments, as well as art scams. In 2022, the market experienced a major downturn, with sales dropping over 90% from their peak.[1]
Neo Tokyo NFT Assets
In Neo Tokyo, there are several NFTs (non-fungible tokens) that serve as both a traditional profile picture and a way to gain access to The Citadel. All of Neo Tokyo's NFTs are aggregated below.
References
Pages in category "NFT"
The following 16 pages are in this category, out of 16 total.