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Content of article:
NFT which is a non-fungible token is a type of digital token or asset. A common analogy is to think of these as digital trading cards or digital paintings. Whenever you buy an NFT you are buying the rights to that specific asset. Now non-fungible means that it cannot be changed whenever it is created. You cannot split it up and it must be distinguishable from something else. Token is a small piece of data that you own. Together an NFT is a token that you own that doesn’t change throughout time.
NFT is a piece of data that is owned by an address and whoever has the password to that address, they own that piece of data. This piece of data can be bought and sold to different addresses and that data is verified on a blockchain and you can check the owner history.
Credit card
Credit cards are small sized plastic cards which are known to make life simple. It is a financial instrument with a pre- set credit limit. With this you can make cashless transactions and pay the amount later on like at the end of month. The card issuer determines your credit limit based upon your credit score, credit history or income. Best part of credit card is that it is not linked with any bank account and amount will be deducted from your credit limit. A card contains information like card number, card holders name, expiration date, signature, CVC code, etc. In India there are many credit cards available as per your preference. You can choose it as per your needs and benefits.
NFT credit card
Collaboration of NFT and credit card could amaze you. You might have heard purchasing NFT with credit card but you might never have heard about the concept of designing credit card with NFT. How interesting and attractive your credit card could be if you design it with NFT and the ownership remains with you only.
You can give your card 3D effect. Like we can use blender for creating a NFT credit card. You can use different methods to create your own unique and interesting NFT credit card.
Final thoughts
Designing NFT credit is a very unique concept and at a very new stage. Hope in upcoming future there will be many NFT credit cards with its unique and interesting concept.
ANQ Finance has recently announced to be the first company in India to launch their NFT Cards.
The cards will be DEBIT or CREDIT are still not confirmed.
Check out their Website & get yourself register for the Early Access.
https://anq.finance/
