What is an NFT-token and why it is needed NFT technology was originally created in 2017 based on smart contracts tied to Ethereum cryptocurrency. Smart contracts make it possible to prescribe in detail in the blockchain the terms of an agreement and the mechanism for its strict fulfillment. In essence,…
Ethereum laid the groundwork as a smart contracts platform in the crypto industry, leading to the emergence of technologies like NFT and DeFi. While this is very interesting, it also led to a big problem. While innovation with DeFi and NFT can be seen as an opportunity to look into…