Non-Fungible Tokens (NFTs)

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NFTs (non-fungible tokens) is the reward fetched in the form of unique programmable assets for digital art, collectibles as well as in game modules and purchasing items. These tokens cannot be interchanged into their mutual tokens like other cryptocurrency can be and every token is not same in its value. Different NFTs have different belongings which are unique on their own. Hash is assigned to each of the NFT that makes it unique from the other types of NFTs. These are highly authentic towards intellectual commodities. In simple terms these are denoting wordly assets.

NFTs Traders:

NFTs traders create digital artwork and sell it on dapp RARI which is beneficial for them if they create their NFTs and trade here.

Examples of NFT projects:

RARI is the dapp where no actual coding skills are required to create art collectibles and users sell them.

Tera Virtua is the animation platform where 2D and 3D animations are created which is NFT based.

Enjin is a gaming platform with NFT blockchain based ecosystem but they use ERC1155 which not only provides benefits to blockchain gaming system but also artificial intelligence, industries and real estate.

Cross is another recently launched project by CyberVein Foundation that issues NFTs and auctions. It also allows trading in its marketplace just like RARI does. Its a multiple NFTs trading platform. In summary its combination of DEFI and NFT.

Cryptokitties is the online blockchain empowered game where buying and selling of the breedable cats is done on a marketplace.

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