What Are the Best Layer 2 Blockchains for NFTs
The leaders in the fierce competition are Immutable X, Polygon and Arbitrum
The leaders in the fierce competition are Immutable X, Polygon and Arbitrum
In 2021, an investment firm bought 2,000 acres of real estate for roughly $4 million. Normally, this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then owned the equivalent of…
Time to face the fundamentals: what are NFTs used for, in the first place? An abundance of high-value NFT sales has continued to dominate the space, despite the recent bear market, so it’s not too outlandish that many still associate NFTs with financial speculation. Lumping NFTs into this bracket seems like the most convenient way…
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Ads for blockchain, NFTs and cryptocurrencies like Bitcoin seem to be everywhere. Crypto technologies are being promoted as a replacement for banks; a new way to buy art; the next big investment opportunity, and an essential part of the metaverse. To many, these technologies are confusing or risky. But enthusiasts ardently promote them. As a…