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The rise of non fungible tokens

The rise of non fungible tokens

Turns out that despite the recent rise of NFTs, people still don't understand this well. The topmost asked question is what is an NFT? And some of the platforms that show up on top of search queries to answers are opensea.io, theverge.com, crypto.com, etc. Interestingly quite a few Chinese websites show up in the top 20 indicating a rising interest in NFTs.

NFTs is a unit of data stored on a digital ledger like blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs are a great way for creators to protect & monetize their intangible/ digital assets. Art NFTs have had the most traction but we believe a lot of other intangible assets in the business domain are conducive for monetization via this route.

At www.decodem.ai we are proud to be one of the first firms to host our machine-generated insight as an NFT. Data insights are a terrific intangible IP and you can buy this NFT here https://tinyurl.com/zt2zt8