Non-Fungible tokens have been the buzzword in the crypto space. This is mainly because they are feasibly authentic, secure to trade, and include a wide range of branding opportunities. Thus creating various monetizing opportunities for different brands and collectors.
At its core, the non-fungible tokens are unique and rare. They cannot be reproduced or be equated to any other virtual asset. In this way, token developers can utilize NFTs to individualize assets on blockchain technology.
Starting from Art to personal identities, the NFTs market provides new and exciting opportunities for all crypto users.
How did it got started?
Initially, NFTs gained a vogue in the gaming sector. Gaming developers realized that they could provide more value to users by utilizing this token. They integrate NFTs within the gaming ecosystem, such as avatars, property and other unique aspects. Crypto kitties were the first game to embrace this non-fungible token(NFT)