Monday, April 29

Blockchain

How Digital NFT Sneakers are Changing the Game
Blockchain

How Digital NFT Sneakers are Changing the Game

Introduction NFTs are trending! But before heading to what’s making the digital avatars of sneakers ever so popular, almost like a craze, we must get into the idea of what NFT actually is. So here it is, NFT is a non-fungible token that doesn’t exist physically but is there digitally in cyberspace. NFTs exist with a unique identification number and metadata employed as identification for its owner. The Rise of NFTs in the Sneaker Industry NFTs are super blooming and especially in the sneaker market. The metaverse is flooded with newly conceptualized and trending designs of sneakers all across the globe. It is pretty amazing that something that can’t be physically touched or worn is still priced at $1000, and people are actually paying for it. It would be no mistake to say that the...