What is NFT 2.0 and how is it different from first version?
cnbctv18.comNon-fungible tokens (NFTs) have become multibaggers of the blockchain industry. NFTs establish the ownership of assets on a blockchain and are one of a kind, making them more valuable as time passes.
An example of value is the recent virtual land deal on the gaming platform Sandbox, where a plot of land was sold for a record-breaking $4.3 million by metaverse real estate developer Republic Realm.The NFT era started with the Bored Ape Yacht Club, CryptoPunks, and other NFT 1.0 projects that were nothing more than pictures on blockchains. However, they are not just tokens of ownership that just sit around and gather dust.
Like every other form of technology, even NFTs can be bettered and upgraded to become improved versions of themselves. The
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