From Collectible Digital Pizzas to Virtual Gaming Jackets
Laura McQuarrie — March 17, 2021 — Art & Design
NFT innovations are disrupting the collectibles industry, changing the way people invest in everything from fine art to fashion and sports trading cards. NFTs (non-fungible tokens) are on the rise as cryptocurrency collectibles that are managed by blockchain technology. As such, each token has a totally unique and unadulterated record on the blockchain and the digital assets are replacing real ones in many cases.
NFTs can be sold, exchanged, transferred and limited to small quantities, which makes them especially rare and attractive to collectors. Providing both authenticity and ownership, NFT assets are creating ripple effects throughout multiple industries. Pizza Hut Canada, for example, is introducing "non-fungible token digital slices" for free, for a limited time, as an ultra-rare representation of favorite recipes.
NFTs can be sold, exchanged, transferred and limited to small quantities, which makes them especially rare and attractive to collectors. Providing both authenticity and ownership, NFT assets are creating ripple effects throughout multiple industries. Pizza Hut Canada, for example, is introducing "non-fungible token digital slices" for free, for a limited time, as an ultra-rare representation of favorite recipes.
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