NFTs impact the art world on a larger scale by changing how artists and collectors trade artwork. Digital artwork creators can sell directly to collectors through specialized platforms called NFT marketplaces, cutting out intermediaries and saving huge brokerage costs.
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Breaking Up With The “Music Copyright Violations” Using Smart Contracts
There are millions of music artists around the world. From a composer’s perspective, copyright infringement is more common in the music industry. What could be the best technology to break down these issues other than ‘blockchain?’ – Let us dig in!
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Blockchain Being The Game Changer In Software Development Industries
The distributed ledger technology, blockchain, is growing faster than ever and is now used in software development. It addresses the industry's various challenges while ensuring productive testing activities, enhanced collaboration within & between organizations, and implementing smart contracts
The value of NFT cannot be determined using a handbook. NFTs are not subject to the same evaluation criteria as private businesses or more conventional investment instruments like equities. Instead, several elements can aid in determining the "Value of an NFT."
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To satisfy our hunger for this curiosity, NFTs (Non-fungible tokens) that run on blockchain was introduced. Since they’re based on blockchain, they are completely secure, and anyone can view the owner's information and the entire history of any NFT.
There might be a few questions in your mind, like where can I sell NFTs? Are they only for celebrities and millionaires? Can I use it for my start-up or small business?
