5 Surprising Facts about NFTs
Here are 5 surprising facts about Non-fungible tokens (NFTs).
1. Jack Dorsey's First Tweet Lost over $2 Million in Value
Twitter Founder Jack Dorsey put his first tweet as an NFT and it was bought for $2.9 million in March 2021. It's now trading at merely hundreds of dollars!
2. GTA 6 Will Have NFTs
The latest game in the mega video game series Grand Theft Auto (GTA) will likely have NFTs and a play to earn component in GTA 6.
3. Your ID Will Soon Be an NFT
NFTs are tailor made for digital identification. So your physical driver's license and passports will likely all soon be in the form of NFTs!
4. Unless Your NFT is on PIXA, It's NOT on the Blockchain
The biggest misconception about NFTs is that the actual images are on the blockchain. This is not true for nearly every NFT project besides PIXA!
5. PIXA Puts Your Pixel NFTs Directly on the Blockchain
Unlike nearly all NFT projects, only the meta data is on the blockchain and NOT the actual image. PIXA stands out and puts all your pixel art directly on the blockchain. This gives you full ownership and preserves your NFTs forever!
NFT is one of the segments in Crypto that is underutilised and I think over time we will see how things are evolving and how the best use case can be applied to nfts. It's going to be exciting if it happens.
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