RapidWa

NFTs can also function to represent individuals' identities, property rights, and more. Ethereum was the first blockchain to support NFTs with its ERC-721 standard and this is currently the most widely used. Many other blockchains have added or plan to add support for NFTs. NFTs are currently taking the digital art and collectibles world by storm. Digital artists are seeing their lives change thanks to huge sales to a new crypto-audience. And celebrities are joining in as they spot a new opportunity to connect with fans. Really they can be used to represent ownership of any unique asset, like a deed for an item in the digital or physical realm. The creator of an NFT gets to decide the scarcity of their asset. Or, you can hold it forever, resting comfortably knowing your asset is secured by your wallet on Ethereum. You can sell it, and in some cases this will earn the original creator resale royalties. Each token has an owner and this information is easily verifiable. In theor