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Showing posts from October, 2022

Major Use Cases of NFT Applications

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  The NFT is expanding its services and problem-solving features to every industry. NFTs have more effective use cases which can make a great impact in the industries and digital world.  NFT stands for Non-Fungible Token. It is a type of cryptographic (digital asset) that is non-divisible and created on Blockchain. NFT contains unique identification codes that differentiate one from the other. we will discuss the successful use cases, where the application of  NFTs is offering great value for creators & consumers. Digital Art NFTs Before the entrance of NFTs, artists struggled to keep ownership of their digital arts. Because there were the chances of easy piracy and replicas of art and images.  But, after the introduction of NFTs artists were able to prove themselves as the only owner of their digital art by minting them with NFTs and it can be authenticated and create ownership digitally. The NFT art cannot be sold or swapped for its value. It reduced the chance of duplicates and

Anthony Hopkins's "Eternal NFT Collection" created a great impact on NFT Marketplace

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  NFT is becoming the trend-setting platform for people from every industry. In recent days people from the film industries are showing interest in the NFT digital arts, music, collectibles, etc.  The NFT marketplace has been very successful in the past years. Artists and collectors offered & gained many rare collections in the form of Digital Art. For the past few days, people from every corner of the world have shown so much interest in the NFT by analyzing, searching, studying, and learning because of the Oscar-awarded Hollywood actor "Anthony Hawkins's "Eternal NFT Collection". Anthony Hawkins sold his NFT art from his movie Eternal on the Opensea NFT marketplace on October 13, 2022, in partnership with Orange Comet . It was a collection with 1000 unique NFT arts which sold out in less than 7 Minutes, which is the very least sold-out time in Opensea history.  This created a huge curiosity among normal people about the NFT Digital arts. Artists and creators a