Skip to main content

What is actually an NFT?

Nowadays, everyone is talking about the NFTs. Even several important video game companies, such as Square Enix, intended to incorporate them into their future releases. In fact, Ubisoft itself began experimenting with the implementation of NFTs in Ghost recon breakpoint. But, what the hell are the NFTs, and why are they so controversial? Here we explain it to you in a simple way.

NFT means non-fundable token, which in Spanish would translate as a non-fungible. That is, it is a property that you can not exchange for another equal. Money, for example, is fungible since it is possible to change a $ 20-pesos bill for another identical of the same value. Same case with cryptomoneds.

Many people describe the NFTs as digital art works. You can take a picture of a painting in any art gallery, but that does not mean that you already have the painting in your possession. You can save the JPG of a NFT, but as such you do not own it.

To work, NFTs use something known as technology blockchain, which is applied in cryptologies. This type of technology works through a network of computers with different intertwined digital blocks, which are protected with the use of cryptography. That is, it is impossible to modify the data of some NFT since these are registered in real time.

Each NFT has its own digital authenticity certificate, which is composed of a series of metadata that can not be altered. Within this information you will find things like your sales value, as well as all the acquisitions or transactions that have been done and of course, the name of the original owner of NFT.

NFTs Are Fueling a Boom in Digital Art. Here’s How They Work | WSJ

A NFT can be anything that exists within the digital world; From an image, up to a video, GIF, and in the case of video games, cosmetic accessories for your avatar or character. People tend to buy these digital tokens because their value usually increases with the passage of time, but it is not necessarily a guarantee that is going to do so do not think to spend all your savings in one of them.

Editor's Note: If you ask me, I think the trend for NFTs will not come beyond 2022. No more than several video game and brand publishers seek to incorporate them into their respective means, I feel that the community does not You will receive in a very good way to the point that you will not have another option more than eliminating them.

Labels:

Comments

Post a Comment

Popular posts from this blog

How to get a killer mark in roblox demonfall

A Fighter Mark This is a special ability that is activated when your character reaches 50% HP . After activation, you will receive various buffs for 30 seconds period. Please note that in order to get Slayer Mark , you need to be pure killer as well as Prestige 1 and level 50 . You will also need Breath Otherwise you will not be able to qualify for a sign. To get the stamp of pure killer, you need to pass. When I had the opportunity to join Kokushibo and learn lunar breathing, reject offer . If you accept an offer, you will become a hybrid. Amplifier Mount Killer 30% speed 15% damage 100% stamina recovery 25% health restoration Depending on the styled style you choose, you will get a unique scar, like a tattoo, on the head, when the killer label is activated. As soon as it works and the 30-second buffs will end, you will have to wait. 10 minutes so that it is cooled. However, the output from the server and re-joining it drops it. To lear...
Post a Comment
Read more

Shoulder OP! Season for Seahawks

For Jamal Adams, a frustrating season ends prematurely: Safety of Seattle Seahawks needs to be operated and will miss the rest of the season. As NFL-Network -insider reports Ian Rapport, Adams has accessed a serious shoulder injury and must undergo an OP. The shoulder concerned is the same shoulder, which Adams had already caused problems last year. The 26-year-old had then operated in the off season as well. Adams finish the season according to OFF with 26 approved catches (45 targets) for 252 yards and two touchdowns, two picks and a pass breakup. Seattle put him a bit more sporadic in pass-rush, so he comes 2021 on only seven quarterback pressures. Articles and videos about the topic Video-mailbag: Do we have to worry about Lamar Jackson? Mock Draft: That's how the Top 10 could look in the next draft Experience the NFL live on DAZN. Register now! Can be terminated at any time monthly. NFL Game Pass: Watch the Season Live! Even after the contract renewal already signe...
Post a Comment
Read more

Brawhalla of Ubisoft arrives on mobile in 2020

Brawhalla, the famous free combat game for PC, PS4, Xbox One and Nintendo Switch, is now transferred to mobile. Ubisoft and Blue Mammoth Games unveiled the project because they promise that the port will also come as a competitive game that is both fast and captivating, as in its other versions. The gameplay can be compared to Super Smash Bros. By its competitive nature and the pleasure of launching its opponents of the screen. The Nintendo Switch and Xbox One versions of Brawhalla are released a year ago, while PC, PlayStation4 and MacOS versions date from 2017. The game was acclaimed by criticism and the public, which allowed it to follow The way of Super Smash Bros. A professional contest. In fact, minor events were organized even though the game was in its beta version, which dates back to 2016, while Blue Mammoth Games organized a global circuit entitled Brawhalla Circuit in 2017. The Brawhalla World Championships also go back to 2016, with the first event to win a price of $ 50...
Post a Comment
Read more