Why NFTs will be important in the future
Before the birth of NFTs, assets in the blockchain industry mainly existed in the form of Fungible Tokens (FTs), such as BTC and ETH. As its name implies, this is a type of interchangeable digital asset where 1 BTC = 1 BTC. We can easily associate it with fiat currencies in the real world, such as USD, CNY, JPY, where 1 USD = 1 USD, and 1 CNY = 1 CNY. Therefore, FT assets are easy to understand, and regardless of whether we approve of them, as long as we say 1 BTC = 1 BTC, we naturally associ...
Why NFTs will be important in the future
Before the birth of NFTs, assets in the blockchain industry mainly existed in the form of Fungible Tokens (FTs), such as BTC and ETH. As its name implies, this is a type of interchangeable digital asset where 1 BTC = 1 BTC. We can easily associate it with fiat currencies in the real world, such as USD, CNY, JPY, where 1 USD = 1 USD, and 1 CNY = 1 CNY. Therefore, FT assets are easy to understand, and regardless of whether we approve of them, as long as we say 1 BTC = 1 BTC, we naturally associ...