Non Fungible Token (NFT)
Here is a non technical article on NFT which serves as an introduction to the NFT topic.
- Each token is unique
- Cannot be replaced
- Cannot be subdivided
For example, a plane ticket is unique — it specifies a specific seat, on a particular flight, at a specific time.
NFTs enable owners of a unique item to prove their ownership and the authenticity of an item.
NFTs live on a distributed ledger (DLT) within an associated account. The original creators of the NFT control the private key of that account where the NFT lives, and they are free to transfer that NFT to any account.
The buyer of the NFT owns a “token” that proves they own the “original” work.
NFT use cases
- Digital art
- Sports footage, NBA top shot
- Watch, Breitling
- Movie tickets
- Stimulus check ??
NFT market distribution (2020)
- Onflow blockchain
NBA Top shot
- Ethereum blockchain
- Tron blockchain (TRC 721 )
Paris Hilton launching her NFT on Tron
- Tezos Blockchain (tzNFT)
- EOS blockchain
- Binance Smart chain
Deploy NFT - Binance Chain Docs
This work is inspired by this blog In this tutorial we will create a non-fungible token (NFT) and deploy to a public…
NFT on Ethereum
Implementation of NFT on Ethereum
Link for cryptokitties’ ERC721 NFT token contract deployment on ethereum :
Create a NFT
a good tutorial of how to turn a digital artwork into NFT
NFT Marketplace (as of April 2021)
Myth Market " Your Marketplace for digital Trading Cards
Myth Market is a series of convenient online marketplaces supporting various brands from Topps to Blockchain Heroes and…
- Trust issue:
anyone can create NFT based on digital items generated by other people.
- Content :
a creator may mint different NFT’s for the same digital asset by making indistinguishable duplicates, such as with varying types of file (mp3 vs. mp4, png vs. jpeg, etc.)