How Startups Are Benefiting From NFTs

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Grit Daily Newswire

The world seems to be in a constant state of flux thanks to various technological advancements over the years. Lately, it seems like Non-fungible Tokens (NFTs) are undoubtedly the latest wave in this flux. In simple terms, NFTs are non-fungible blockchain tokens. Unlike bitcoin and Eth, which are fungible tokens and can be swapped for one another( given similar monetary values), NFTs cannot be swapped. It is this feature that allows them to confer ownership of the digital assets they’re attached to. The NFT market is growing exponentially. According to a report by nonfungible.com, the total tr…

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