NFTs Are Taking Over

KORE
2 min readMar 25, 2022

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NFTs, “non-fungible tokens”, are proliferating at an astonishing pace. Thanks to places like OpenSea.io users worldwide can participate in a marketplace of unique artistic pieces

These works of art are one of a kind and cannot be replicated or duplicated. Thanks to their scarcity they are growing in value, no longer do investors need to worry about the duplicates, but they also don’t need to rely on time to pass after the artist has passed away. Thus, NFTs are gaining in value overnight, sometimes trading at higher prices through multiple transactions per day!

If you still haven’t heard of NFTs, the Wikipedia definition is “A non-fungible token is a unique and non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can be associated with reproducible digital files such as photos, videos, and audio.” So, these tokens have become highly valuable ways for artists and music producers to ensure they will get paid for their creative work. However, it doesn’t stop there, since Facebook’s metaverse is fast approaching, a world in which users can purchase digital real estate, one can purchase digital real estate. Thanks to the benefit of NFTs operating on the blockchain, digital real estate transactions are completed within seconds without the bureaucracy of a title company, city stamps, lawyers, or agents.

If you’re looking to list NFTs for sale on your website, consider using MyDev.com. Not only are all MyDev websites very easy to build thanks to their dynamic templating style, by their websites are highly secure by default using HTTPS protection. In addition, users can add the protection of two-part verification with SMS code login to reassure their customers that the website is highly secure, very important for an NFT website.

For any questions feel free to contact: social@mydev.com or call (224)279–1076.

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KORE
KORE

Written by KORE

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