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Tolu Wade Senior Software Engineer | Cybersecurity Expert @ FiatMatch Inc
Toronto, Canada
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In Blockchain and Cryptocurrency • 1 min read • Jun 23, 2022 21:29p.m.
What is the hype about NFTs? (D)
Things to know about NFTs: When buying an NFT, you are purchasing the rights to the asset. NFTs are just a piece of data owned by an address, more like a certificate of ownership🎖 and whoever has the password to that address owns that piece of data. The owner of this address can sell this piece of data to another address, and this data is verifiable by the blockchain. When you buy an NFT, you buy a piece of data that points to a server that hosts the linked media file🌃. What Makes an NFT valuable? (To be continued…)
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