asfendrink.blogg.se - Non fungible tokens list

It seems to be the second time this has occurred.

NFTs have been in a hype cycle over the last few months. Technology trends go in “hype cycles” where a topic is covered a bunch for awhile and then disappears.

Rick and Morty “The Best I Could Do” – Rick and Morty artwork – $1 Million List Of Non Fungible Tokens.

Cryptopunk #3100 – One of nine Aliens – $7.6 Million.

Everydays: the First 5000 Days – First piece of purely NFT artwork – $69.3 Million.

Here are the sales price of some of the most expensive NFTs:

Some cost almost nothing, while others go for millions of dollars. The price of non fungible tokens is all over the board. The ERC-721 token standard represents a single unique asset that cannot be interchanged.Ĭheck out the article Non-Fungible Tokens – Explaining NFTs, ERC-721 and ERC-1155 by Ivan On Tech Academy. Non Fungible Tokens may also be referred to as ERC721 tokens. Smart contracts could change the field of finance, in particular mortgage and security trading. While Bitcoin is viewed as currency by many, the Ethereum blockchain is more of an infrastructure. The technology holds a lot of promise and is associated with “smart contracts”. It is currently the second more popular cryptocurrency. NFT Token – What Is Ethereum?Įthereum is a cyptocurrency like Bitcoin. If you are interested in learning more about cryptocurrency, check out, the internet’s cryptocurrency experts.

Because an NFT is unique, it is not fungible. What is fungibility? Fungibility implies equal value between assets. Typically these are stored on a blockchain ledger.įungibility is the key difference between NFTs and other cryptocurrency tokens. This could be a photo, video, or other file. Typically the token is encoded in a way that represents a specific digital object. Non Fungible Tokens ( NFTs) are a method of establishing ownership of a digital token.