ARTFAIRPH/PROJECTS
Why Do They Matter?
Ownership, Scarcity
NFTs have accelerated the idea of digital ownership to a broader audience outside of the gaming and crypto worlds. NFTs present a framework where the concept of verifiable digital ownership can be executed and recorded publicly on the blockchain. You can track the digital good's sales, price, and other defined 'features' that are coded into the NFT like scarcity, among other digital attributes.
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