The power of NFTs?
NFTs derive their power from several key attributes:
- Uniqueness – Unlike cryptocurrencies, each NFT is unique and cannot be replicated.
- Ownership & Provenance – NFTs provide verifiable ownership, allowing buyers to trace the history of an asset.
- Smart Contract – These enable automated royalty payments, licensing, and enforcement of rules without intermediaries.
- Interoperability – NFTs can function across multiple platforms, from gaming to virtual real estate.