get ready for the porsche nft universe

Inhaltsverzeichnis

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• Wonderland Community Votes To Buy $25M Of Ex

Non-fungible is to render such items unique or distinguishable. For instance, if you were to take a dollar bill and have it drawn on and signed by a famous artist, it become unique - unlike all other dollar bills, and perhaps worth more than its face value. One of the implications of enabling multiple types of tokens in a contract is the ability to provide escrow for different types of NFTs—from artwork to real estate—into a single financial transaction.

• The ERC-1155 standard Web3 solutions takes the concept further by reducing the transaction and storage costs required for NFTs and batching multiple types of non-fungible tokens into a single contract.
• A way to represent anything unique as an Ethereum-based asset.
• This would enable event organizers or performers to garner royalties on resales.
• Get pre-access to Tomorrowland ticket sales, voucher sales, future drops, and related events.
• Perhaps the most famous use case for NFTs is that of cryptokitties.

This explicitly linked a non-fungible, tradable blockchain marker to a work of art, via on-chain metadata . This is in contrast to the multi-unit, fungible, metadata-less "colored coins" of other blockchains and Counterparty. Non-fungible tokens