{"id":1296,"date":"2021-05-31T22:05:29","date_gmt":"2021-05-31T22:05:29","guid":{"rendered":"https:\/\/angelloveraromero.com\/en\/?p=1296"},"modified":"2021-06-01T21:46:28","modified_gmt":"2021-06-01T21:46:28","slug":"nft-learn-about-this-new-economics-trend","status":"publish","type":"post","link":"https:\/\/angelloveraromero.com\/en\/2021\/05\/31\/nft-learn-about-this-new-economics-trend\/","title":{"rendered":"NFT: Learn about this new economics trend"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The economy suffered a hard blow in 2020; however, there was a speeding up shift taking place in terms of the digitization of companies, businesses, and of course, e-commerce; it was at that point that cryptocurrencies and tokens gained the strength and confidence necessary to position themselves in the market hit by the <a href=\"https:\/\/angelloveraromero.com\/en\/2021\/01\/18\/japan-tests-with-robotic-waiters-and-mailers-to-avoid-covid-19-infection\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>pandemic caused by the Covid-19<\/strong>.<\/a><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/angelloveraromero.com\/en\/2021\/05\/31\/nft-learn-about-this-new-economics-trend\/#What_are_tokens\" >What are tokens?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/angelloveraromero.com\/en\/2021\/05\/31\/nft-learn-about-this-new-economics-trend\/#Economics_Trends_with_NFTs\" >Economics Trends with NFTs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/angelloveraromero.com\/en\/2021\/05\/31\/nft-learn-about-this-new-economics-trend\/#Acquisition_or_sale_of_NFTs\" >Acquisition or sale of NFTs<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_tokens\"><\/span><strong>What are tokens?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Tokens are the core element of the DLT economies, and the NFT is just one type of token. Non-fungible tokens (NFTs) are unique and are not interchangeable with each other; we can get security tokens that provide several functions such as bandwidth allocation, and one of the most economically trending are payment tokens that we can use similarly as FIAT money in payments and transfers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economics_Trends_with_NFTs\"><\/span><strong>Economics Trends with NFTs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Something that is happening today that is going unnoticed is the digitization or tokenization of physical assets. NFTs are the digital representation and sure replacement of different types; not only will they replace any type of investment product we already know, such as shares, but we will also see how it will help to eliminate any intermediate between the buyer and the supplier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We know different projects are being digitized or represented in an NFT; we can already find that the market is using this new way to monetize not only shares but also music, vinyl records, books, collectible cards, art paintings, and it is also known that the first Tweet was sold for an amount greater than 2 million dollars in ETH funds.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Acquisition_or_sale_of_NFTs\"><\/span><strong>Acquisition or sale of NFTs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It achieved this thanks to the development of technology and protocol behind NFTs, as it allows creating unique and therefore collectible digital assets; this technology incorporates additional information to the original file, thus permanently leaving a certificate that proves that this is the original digital file, being able to transform any of the aforementioned physical assets into digital and verifiable assets that you can be traded on the blockchain. It should be noted that the characteristics of the NFTs allow having the absolute ownership of the acquired digital assets, or certificates, and allow generating money with their sale thanks to the valuation of the digital assets, and the most notorious is to be able to do it directly without the presence of intermediaries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Do you have an opinion on this issue? How else can NFTs be used?<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have any doubts or queries you can&nbsp;<a href=\"https:\/\/angelloveraromero.com\/en\/contact\/\"><strong>contact us<\/strong>&nbsp;<\/a>or write your query below (comments section).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Image of fancycrave1 via Pixabay.com under Creative Commons license.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economy suffered a hard blow in 2020; however, there was a speeding up shift taking place in terms of the digitization of companies, businesses, and of course, e-commerce; it was at that point that cryptocurrencies and tokens gained the strength and confidence necessary to position themselves in the market hit by the pandemic caused &#8230; <a title=\"NFT: Learn about this new economics trend\" class=\"read-more\" href=\"https:\/\/angelloveraromero.com\/en\/2021\/05\/31\/nft-learn-about-this-new-economics-trend\/\" aria-label=\"Read more about NFT: Learn about this new economics trend\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[213],"tags":[586,583,584,582,585],"class_list":["post-1296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-economics-trends-with-nfts","tag-new-economics-trend","tag-nft-new-economics-trend","tag-nft-learn-about-this-new-economics-trend","tag-what-are-tokens"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The economy suffered a hard blow in 2020; however, there was a speeding up shift taking place in terms of the digitization of companies, businesses, and of course, e-commerce; it was at that point that cryptocurrencies and tokens gained the strength and confidence necessary to position themselves 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