News: The NFT promise is overhyped. Recently, a column titled ‘NFTs are overhyped but useful for a creative economy’ appeared in Mint. The author of that article opines that non-fungible tokens (NFTs) and the allied technology can alleviate the work-monetization challenges. Without NFTs, the artists and other independent content creators, are left at the mercy… Continue reading The NFT promise is overhyped even for creative folks
Tag: NFTs
The use of NFTs by cyber games can explain their utility
Synopsis: NFTs provide the assurance of immutability and guarantee of uniqueness. However, most of the cutting-edge innovation in NFTs are taking place in the gaming space. Introduction When a person purchases the non-fungible tokens (NFT) of a work of digital art, he is not buying the artwork itself. He is just purchasing a record on… Continue reading The use of NFTs by cyber games can explain their utility
