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NFTTECHNOLOGY
January 18, 2023BY Tobi

How the Music Industry is adopting NFT

Non-fungible tokens are known to have ushered in a new era of ownership on the blockchain. The concept of digital ownership has been the basis for the adoption of NFT in the music industry. NFTs help artists to build gated communities, sell existing songs, fund upcoming releases,...
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CRYPTONFT
January 16, 2023BY Tobi

How are NFTs adopted in the Gaming Industry?

The traditional gaming industry is known to create games and gaming assets while maintaining control over all-in-game assets. While players sometimes have to make in-game purchases, they do not own assets and cannot transfer them from the gaming ecosystem. NFT has changed this...
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DeCirNFT
January 13, 2023BY Tobi

Top 5 Ways your Project can Benefit from DeCir

Decentralized Circle offers traditional businesses and web3 projects the needed tools and environment to build sustainable products that help them connect with users, form communities, and create mutual benefits. TL;DR DeCir helps projects transform their offerings into...
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CRYPTONFT
January 11, 2023BY Tobi

Mercedez-Benz consolidates its NFT approach with New Trademarks

Mercedez-Benz has established itself as one of the foremost car brands in the world for a long time. The luxury car maker has taken the next step in technological trends by adopting NFTs and laying out concrete plans for metaverse adoption. TL;DR Mercedez-Benz launched its...
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NFT
January 9, 2023BY Tobi

What can NFTs be used for?

NFT started out on the fringes of Web3. Early adoptions typically centered on the creation of large collections with little utility. However, NFTs’ ability to permanently represent valuable items on the blockchain is the reason for the recent upturn in their adoption across...
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CRYPTO
December 7, 2022BY Editor Team

How NFT Royalties Work

What are NFT royalties? NFT royalties are crypto payouts designed to proffer creators a cut of secondary sales of their digital collectibles. The percentage of sale designated for royalties is set by the creator at the time of minting — typically around 6%. Smart contract...
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CRYPTO
December 7, 2022BY Editor Team

Non-Fungible Token (NFT): What It Means and How It Works

What Is a Non-Fungible Token (NFT)? Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at...
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CRYPTO
December 7, 2022BY Editor Team

What are Decentralized Autonomous Organizations (DAOs)

What are DAOs? A DAO is a collectively-owned, blockchain-governed organization working towards a shared mission. DAOs allow us to work with like-minded folks around the globe without trusting a benevolent leader to manage the funds or operations. There is no CEO who can spend...
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