Decoding the “Craze” of NFT. A86 – A New Direction for the Blockchain-Incorporated Entertainment Industry.
In a word, NFT is an entry on a blockchain – the decentralized digital ledger technology that underpins digital currencies like bitcoin. The difference between the two is that bitcoins are fungible, meaning that one bitcoin is essentially indistinguishable from another and they are equivalent in value.
What is NFT? Will the NFT “craze” last?
Meanwhile, NFT is an irreplaceable and completely different chain of tokens across blockchains. So the NFT can represent something “one-of-a-kind”, like an extremely rare photograph or even a painting. Because NFTs are unique and stored on the blockchain, their authenticity is indisputable. That is especially important when the assets represented by the NFT are stored in the digital space.
Although it has only recently gained attention, the NFT ma...









