The NFT Game That Makes Cents for Filipinos During COVID
Axie Infinity, a NFT trading game running on Ethereum, has proven a pandemic lifeline for a small community north of Manila.
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Aug 26, 2020 at 1:36 p.m. UTC
Aug 26, 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.