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Outlining the changing dynamics of the Ethereum-based NFT landscape
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Non-Fungible Tokens, more popularly known by their abbreviated three-lettered version – NFT(s) – have soared in popularity over the last few months. Every tangent associated with the crypto-verse comes with its own question marks, often leaving people from outside the space to go, “Umm… What’s actually happening in there?”
To be honest, that was my reaction too when I first familiarized myself with the whole concept of NFTs earlier in March. Seeing people shell out abnormal sums of money just to own a piece of digital artwork initially made me laugh. Alas, the joke ended up being on me.
Well, for all of you who are still wondering what exactly is an NFT and how the dynamics of the ecosystem have been changing, here you go –
The elongated
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