How Solana and Cardano are paving new avenues for NFT growth -Breaking
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The term “digital ownership” has only recently come to mean anything. Although non-fungible tokens, or NFTs have existed for some time, mainstream media only started paying attention to them in the past year. In the third quarter 2021, NFT trading volume on blockchains was over $10 Billion. This is a significant increase in trade volumes from Q2.
Unique digital assets called NFTs represent ownership. NFTs are proof of ownership and can be used to prove anything from art, digital collectibles, real estate, and other assets. The result is a significant shift in many industries. It improves efficiency in ownership transfer, and it opens new doors for digital assets.
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