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April 10, 2023· International Research Journal of Modernization in Engineering Technology and Science
article
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UI NFTVERSE

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Abstract

Blockchain and cryptocurrency technologies are quickly gaining popularity among the general public in a wide range of fields thanks to their innovative uses in everything from state politics to the financial sector.Future use cases of these decentralized technologies, in particular, look to redefine the idea of value and may open up a new era of open investment options for the general population Non-Fungible Token or 'Non-Replaceable Token' is the contemporary trend in the digital industry as of 2021 [1].Introduced first in 2017 from a game called Crypto Punks, the NFT system shows promising breakthroughs since then [2].The concept is that every NFT has unique properties making it original and distinguishable from everyone [3].By being unique, these made them tradable and sold digitally just like a real-life auction.

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