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NFT rarity is the uniqueness and scarcity of a nonfungible token, calculated using factors, such as distinguishing features and demand. An NFT’s rarity plays a role in its perceived cultural and ...
The easiest way to understand a non-fungible token is to think of it as a digital certificate of ownership. These certificates get stored on the blockchain, which -- in theory -- means they form a ...
I discussed the use of Non-Fungible Tokens (NFT) for art sales and ownership transfers in my previous article. Just to reiterate the basics, a blockchain is simply a set of multiple digital ...
These tokens are considered non-fungible because you cannot exchange one NFT for another identical one. For instance, if you have one bitcoin, you can exchange it for another bitcoin and still have ...
The NFT space has developed beyond its early days of chain experimentation on a single chain. From its roots as an Ethereum-centric space, there has been an explosion into other chains, including ...
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