nfts Archives - viralnom

With NFTs, Artwork can be "tokenized" to create a digital certificate of ownership that can be bought and sold. Do they really deserve to be worth Millions? Let's discuss. NFTs NFTs are Non-Fungible Tokens. At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency like bitcoin, dogecoin, Floki, etc. A few years ago no one has even thought of a little that CryptoCurrency will boom like this. Nowadays people are shifting towards cryptocurrency, towards digital currency. People think it is better and safer than paper money. With money, you can swap a $10 note for two $5 notes and it will have the same value. However, if something is non-fungible, this is impossible - it means it has unique properties so it can't be interchanged with somethin...

To prevent speculation in digital assets, WeChat China has suspended some accounts associated with non-fungible tokens (NFTs). According to a search by the South China Morning Post, at least a dozen WeChat public accounts, among others, have been suspended during the last two weeks WeChat [Photo credit: BBC] Chinese social network WeChat, owned by Tencent Holdings, has more than 1.2 billion users. It has frozen multiple accounts that market digital collectibles, or non-fungible tokens (NFTs) as they are called in China. These tokens cannot be purchased or sold with cryptocurrency. According to the platform, it has remediated accounts that were promoting NFT speculation, which can cause prices to rise. In China, there are no specific regulations against NFTs. Nevertheless, authori...

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NFTs and even some worth Millions, Why?

China WeChat suspends accounts that were linked with NFTs