An Intro to Non-Fungible Tokens (NFTs)

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Francis Ngannou NFT (Bosslogic)

What is an NFT?

  • Uniqueness — No two are interchangeable
  • Non Divisibility — They cannot be divided into smaller pieces
  • Transferrable — They can be bought, sold, or transferred to another party
  • Traceable — Ownership and activity can easily be traced on the blockchain
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The economics of scarcity

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The Benefits of NFTs

Reducing Counterfeits

Efficiency

Direct connection between creator and audience

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NFT use cases

Tracking real world assets

Digital Personas

Gaming

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Where the digital world and real world come together

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