What you should know about Non-Fungible Tokens within Nigerian laws

Non-fungible tokens popularly known as NFTs are the next big thing after fungible tokens i.e. cryptocurrencies. The start of the current online NFTs frenzy has been linked to the purchase of a video clip capturing Lebron James slam dunk in which an internet user paid $208,000. Recently, we’ve had a purchase for the NFT to animage by an artist named Beeple sell as high as $69,300,000 United States at the Christie’s Auction House. NFTs are digital tokens created through an entry on a blockchain technology in a process called minting which removes the need for third parties or middle men for veri…

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