menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

NFTs May B...
source image

Hackernoon

4d

read

80

img
dot

Image Credit: Hackernoon

NFTs May Be Entering Their Financial Renaissance

  • Non-fungible tokens (NFTs) are unique digital assets on a blockchain, starting with applications like art.
  • NFTs have evolved into NFT2.0, with focus on Defi NFT and financialization of collections.
  • DeFi NFT has seen growth, tackling issues like fair distribution, liquidity, and capital efficiency.
  • New models like dynamic pricing and refundable NFTs are changing the game.
  • Fractionalization and marketplaces are enhancing liquidity and access to capital for NFT holders.
  • Dynamic NFTs, fractionalized trading, and cross-platform utility are reshaping the NFT landscape.
  • NFTs are being used to tokenize real-world assets like real estate and stocks.
  • Community management rights have led to veNFTs becoming standard for reward distribution.
  • The introduction of ERC-404 tokens integrates liquidity mechanisms for fractional NFT trading.
  • NFT-backed lending protocols like NFTfi provide liquidity without selling assets.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app