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Ethereum blockchain, there will never be one quite like it.
Lifetime royalties to creators! No matter how many times your collection is traded.
Access markets all over the world without any commissions or hidden service fees.
Art collectors are drawn to the way blockchain technology empowers creators and the limitless possibilities.
NFTs don’t stop the copying. But they allow you to distinguish the copies from this one, notional “original.” And they prove, through the ledger, that you own it.
Creating an NFT does two things: It provides proof of ownership and it guarantees scarcity. The scarcity is really the key part.
As most fashion brands are placing their NFTs inside closed systems, like with Balenciaga , the idea of having a virtual closet that moves across different platforms and digital worlds is getting the attention it deserves.
The chance for fans to acquire, not just view, licensed digital media of their favorite sports moments will cement non-fungible tokens’ in sports.
In 2022, the most common and lucrative application of NFTs in the sports industry will likely be the sale of limited-edition video clips of sporting moments or player cards.