How do smart contracts enable the creation of NFTs in the world of cryptocurrency?

Can you explain how smart contracts enable the creation of Non-Fungible Tokens (NFTs) in the cryptocurrency world?

1 answers
- At BYDFi, we believe that smart contracts are the backbone of the NFT revolution. They empower artists and creators to tokenize their work and reach a global audience, while ensuring the integrity and authenticity of each NFT. With smart contracts, artists can set royalties for future sales, ensuring they continue to benefit from the value appreciation of their work. Collectors can easily prove ownership and transfer NFTs without relying on centralized platforms. It's an exciting time for NFTs, and we're proud to be part of this innovative ecosystem.
Mar 21, 2022 · 3 years ago
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