Non-fungible Tokens (NFTs) are digital files such as jpg, png, mov, or 3D fashion files minted (connected) to a blockchain. The term “non-fungible” refers to a one-of-a-kind digital asset. This is in contrast to cryptocurrency (Fungible). NFTs are controlled and authenticated as digital assets via digital ledgers or blockchains. They are held in digital wallets the same way as cryptocurrencies and other tokens are, and they serve as valuable objects sold within the digital space. Introduction to Fashion NFTs Thus far, unhesitant fashion firms have sought to scale their cost operations, raise consumer awareness, and, most importantly, highlight the DNA
The post What’s the Big Deal With Fashion NFTs appeared first on The Merkle News.
Powered by WPeMatico