A Non-Fungible Token (NFT) is a digital certificate of ownership that is stored on a blockchain. NFTs act as certificates of authenticity and unchangeable historical records of ownership. Like cryptocurrencies, NFTs can be tracked across a blockchain and can be transferred between select networks.
Web 3 will allow everyone to track everything they own across all their devices. Registering physical items on the blockchain will allow users to browse through each other's possessions and make offers for the things they want. Having all objects on chain will allow users to verify ownership, authenticity, and seamlessly swap their belongings. Being able to verify assets will streamline the lending process and allow more users to access lines of credit
Sudoswap can be used to swap NFTs with strangers. One user sets up the smart contract and the assets they would like to trade. The other user follows a link, approves their assets to be traded and completes the contract.
Async provides templates that can be used for NFT art, photography and videography.
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