With the information that Shopify is formally adopting NFTs, I believed it might be an important alternative to speak about “Non Fungible Tokens”… I hate that phrase. The Chicago Bulls from the NBA have launched the primary ever NFT store on Shopify. So I clarify the fundamentals of NFTs, what they can be utilized for and the place it might lead sooner or later. And I clarify why shopify adopting NFTs is such a giant deal.
Till now NFTs have been a bit difficult to take care of. You may solely purchase them on marketplaces that settle for cryptocurrency, as an alternative of conventional cash. Now, it is wanting like anybody can setup their very personal market to showcase their very personal artwork, precisely how they need it to be displayed.
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