{"id":3138,"date":"2021-01-08T04:53:34","date_gmt":"2021-01-08T04:53:34","guid":{"rendered":"https:\/\/afluxcoin.com\/53\/non-fungible-tokens-nft-may-become-the-trendsetter-in-the-industry-2021\/"},"modified":"2021-01-08T04:53:34","modified_gmt":"2021-01-08T04:53:34","slug":"non-fungible-tokens-nft-may-become-the-trendsetter-in-the-industry-2021","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/ar\/53\/non-fungible-tokens-nft-may-become-the-trendsetter-in-the-industry-2021\/","title":{"rendered":"\u0642\u062f \u062a\u0635\u0628\u062d \u0627\u0644\u0631\u0645\u0648\u0632 \u063a\u064a\u0631 \u0627\u0644\u0642\u0627\u0628\u0644\u0629 \u0644\u0644\u0641\u0637\u0631\u064a\u0627\u062a (NFT) \u0631\u0627\u0626\u062f\u0629 \u0641\u064a \u0635\u0646\u0627\u0639\u0629 2021"},"content":{"rendered":"

Non Fungible Tokens (NFT) are a special type of crypto token backed by an asset. They are non-interchanged with each other and are non-divisible. It can be used in gaming and crypto collectibles. The popular non-fungible token standards are ERC721, ERC1155, ERC20, and TRC721. NFT\u2019s are mostly stored in suitable digital wallets such as MyEtherWallet and Ledger Hardware wallets. They can be customized and traded in the market easily.What are the Different Areas where Non Fungible Tokens can be utilized?Gaming \u2014 Players can use the NFT to trade their digital assets and earn more points or scores by playing video games. The tokens will be authenticated and verifiable to all the participants of a game. Users can utilize their gaming prowess to the fullest extent and generate revenue on a real-time basis. It can be used to buy weapons, vehicles, and characters. This can also establish a well-organized gaming marketplace in the future, where users interested in the virtual world will be able to purchase many games and compete actively.Artwork \u2014 Artists can also make use of NFT and showcase it to their potential customers. The token will contain all the details like the date of origin, previous history of ownership, information about the particular artist, and the assets\u2019 total value. Artists can get the actual market value for their effort in the form of peer to peer payments and need not rely on the services of any intermediaries or third parties.Identity Management \u2014 With the need for secure digital storage of data increasing in this technology-driven world, Non Fungible Tokens (NFT) can contain unique information about a specific asset. Any kind of data like medical history, property details, a personal profile, education qualifications, and financial information can be included.Media and Entertainment \u2014 Piracy, copyright infringement, and plagiarism are significant\u2026<\/p>","protected":false},"excerpt":{"rendered":"

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