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What is NFT and why it is trending

What is NFT and why it is trending

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What is NFT and why it is trending

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  1. What is NFT and why it is trending? https://krazykong.monster/

  2. Portfolio Blockchain technology has opened new ways for passive incomes. The best example is cryptocurrencies; recently the new blockchain-based cryptographic assets have gained immense popularity named NFT. You might have heard this term recently on social media and even in news. Many big players have bet their money on this asset which helped it gain popularity across the countries. 8

  3. However, many people are still clueless about NFT. If you are new to this technology and know nothing about NFT, start your research from the basics. Let’s first understand the term NFT and its functions. 2022 Feb 16

  4. What is NFT? Non-Fungible Token or NFTs is blockchain-based cryptographic tokens that cannot be replaced or replicated. Unlike cryptocurrencies, you cannot exchange or trade the tokens at equivalency. Real- world items like real estate and digital artwork can be sold as NFT tokens on the NFT marketplace. The unique identification and metadata encryptions of the tokens bring the uniqueness and scarcity of the product plus secure the ownership. 8

  5. Why it is trending? NFT was launched in 2015 few months after the Ethereum blockchain. But the sudden surge in its popularity was witnessed in 2021 after global giants started dabbling with it. NFT breaks the headline globally when Twitter CEO Jack Dorsey sold his very first tweet as NFT for $2.9 million. Gradually, the economic experts and tech giants started showing their interest in this technology. If we believe the data, at the end of 2021 the market volume of NFT reached $27 billion. 2022 Feb 16 Applied Position Company Name

  6. If you are a tech enthusiast and itching to commence your NFT journey then this is the right time. Krazy Kong NFT collections portrays Kong’s desire to experiment with life and understand modern human society. Visit our website and know more about Krazy Kong NFT collections.

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