$100K in Early Prizes Looks to Lure the NFT-Curious to Decentraland
Decentraland opened for gameplay today, delivering on promises of bringing an NFT-based "metaverse" to ethereum.
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Feb 20, 2020 at 5:11 p.m. UTC
Feb 20, 2020
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.