NFT (Non-Fungible Tokens)

March 08, 2021, at 10:28 AM by Geoffrey? in Use your wits, What is Ravencoin (0 comments)

NFT's will become a big part of the future when it comes to transferring any asset either digital or physical. This can include land, art, contracts, games, jewelry, graphics, video etc. Let's explore further to better understand NFT's and how Ravencoin handles NFT's.

Non-Fungible Token (NFT Definition)

Non-Fungible tokens are unique tokens created, and tied to smart contracts, or other digital files. These tokens are unique and can be used in the the physical or digital transfer of goods.

Ravencoin makes the creation of NFT's very simple, and straightforward. It is also compatible with an IPFS system which allows you to tie digital files to your unique tokens.

More to come.


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Page last modified on March 08, 2021, at 10:48 AM