CONTENT
Cryptocurrencies have been driving economic models that serve as instruments to facilitate financial transactions, this if we contrast the potential that the different digital assets are acquiring, compared to the worn out classic financial model that still supports the world economy.
The frank emergence of digital assets within the blockchain does not cease to surprise us, such is the case of non-fungible tokens whose traceability scheme within the crypto market has been positioning itself strongly, to the point of attracting the attention of multiple international corporations.
In the case of non-fungible tokens, in addition to attracting the attention of multiple international corporations, this segment of the crypto market, besides continuing to grow exponentially in economic terms, is also attracting the attention of different political personalities, scientists, artists, and athletes.
It is worth mentioning that this new cryptocurrency market scheme has become an extremely attractive option, because it serves as an instrument for sharing, selling creative works, and simultaneously offers the opportunity to monetize and generate income online.
However, it should be clarified that non-fungible tokens are digital assets fundamentally because they are blockchain assets based on songs, images or videos, which are assigned unique blockchain addresses that are not interchangeable or replicable.
These unique addresses within the blockchain, have an economic advantage and that is that they can be bought, sold or exchanged as you would any other classic financial instrument.
SOURCES CONSULTED
➊ Bob Legters Will the growth in NFTs change the trajectory of the banking and payments industry?. Link
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating the public domain image background: Author: ArtTower
Hello @lupafilotaxia😊💕
I strongly agree with your point here
To buttress your point, some entertainment industries are now adopting NFT in which users are able to sell their art on the blockchain and get paid with cryptos. This really shows the level of digital asset facilitating online financial transactions in a very easy and comfortable way.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕💗😊
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Hello @hardaeborla
Correct the biggest source of usuaios that have joined the NFTs come from the entertainment industry, this from my point of view is a positive thing, if we consider all the advertising scaffolding that this implies.
Best regards, be well.
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Dear friend @lupafilotaxia, in addition to De Fi, NFTs are financial products that have expanded like a boom within the crypto market, as your article indicates, their popularity among athletes, artists and the general public is growing, this for that offers a real guarantee on the protection of copyright on the one hand and on the side of the investor because it gives him the certainty of having an asset whose origin has been certified as genuine.
Thank you very much for sharing with us !!!
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Hi @karupanocitizen
Certainly both ecosystems in due course has given a plus to the world of cryptocurrencies, in the case of NFTs I estimate that it comes to give a greater boost to the market, as it allows people outside the cryptos can participate without much inconvenience.
Best regards, be well.
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Hi @lupafilotaxia
This is a real revolution, what we are living is wonderful, and how nice to be able to be inside this environment.
The unique thing about each NFT is what gives them the most value, I think the cryptocurrencies have given a hard blow to the central banks, but also the NFTs have given very hard to the houses that centralize music productions, books, etc, matter of time for them to feel the pressure too.
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Hello friend @josevas217
Exactly we are facing a revolution of the crypto market, these projects in my opinion are consolidating the financial market that cryptocurrencies represent, I also consider that it is a matter of time to observe a major explosion.
Best regards, be well.
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Greetings friend. No doubt that the blochain has revolutionized the financial system, banks and centralized systems should fear that every day there are more users and companies seeking solutions in the blockchain, and the case of NFT is certainly emblematic, through this system artists and creators can certainly get more benefit from their creations, making them true owners of that content and not leaving them in the hands of third parties who own their rights.
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Hello friend @emiliomoron
Emblematic, is a good label to label NFTs as certainly artistic and intellectual creations are favored in this new financial structure.
Best regards, be well.
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Greetings @ lupafilotaxia
Very interesting the new financial instruments in which the non fungible tokens became, as it comes to swell the trading options that we can get in the blockchain world, I am sure that in a short time we will see more options like these in the market, to attract more investors, these instruments are changing the vision of many people, so they can get into the world of cryptocurrencies.
Thank you very much for sharing your publication
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Hello friend @dgalan
Good point, NFTs add trading and financial options to the cryptocurrency world, let's hope this crypto sector continues to grow and consolidate even more.
Best regards, be well.
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@tipu curate 5
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Upvoted 👌 (Mana: 0/5) Get profit votes with @tipU :)
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Greetings @lupafilotaxia, as you indicate the NFT have taken the lead within the digital assets, and most importantly each has its own security ie no one can ducplicar them, this generates an additional value to these tokens.
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Hello friend @carlir
Thanks for reading, this post came out inspired by one of your posts, NFTs add additional value to the crypto market and best of all, they are getting more and more people to join the crypto market.
Best regards, be well.
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