When one imagines an NFT, there is a good chance they think it contains art of some kind. But an NFT can represent any kind of data. Today we want to talk about representing real gold as an NFT. So why would one want to tokenize real gold? What problem does it solve? As fiat…
Disclosure: Author of this post owns Tzero tokens Asset tokenization is the process of converting real-world assets, such as real estate, artworks, commodities, or financial instruments, into digital tokens on a blockchain or distributed ledger technology (DLT) platform. These tokens represent ownership or a fraction of ownership in the underlying asset. Tokenization allows assets that…
What are NFTS, and why would they be given away for free? Non-fungible tokens (NFTs) are assets that have been tokenized on a blockchain. They are assigned a unique identifier that distinguishes them from other tokens. Each one is unique. Issuers of these NFTS may give them away for many reasons, and Rocket Raven is…
