BEST SCIENTIFIC
RESEARCH - 2022
69
History of NFT token
NFT technology was created in 2017 based on Ethereum cryptocurrency. The first
artwork to be converted into an NFT symbol was created in 2007 and was a stencil by artist
Banksy. This work will be bought and burned by the Blockchain company Injective Protocol,
after which the "digital representation of the art object" - the first NFT token - will be created.
DJ 3LAU is the first musician to tokenize his album. He will earn $11.6 million by
selling the limited edition album as an NTF token.
In general, for creative people, NFT is a new and modern way to monetize their skills
and expand their audience. It is easier to sell artwork digitally than offline because of the
lack of logistical challenges.
Not only works of art are traded in the form of non-fungible tokens (NTFs), even
famous "memes" can find a new owner. An object in GIF format related to a cat (Nyan Cat)
was sold at an auction for 590 thousand dollars.
These terms are information that is difficult for some to understand, but these
opportunities are a new source of income for those who work with works of art.
The conclusion
A person who is constantly informed about news is the richest person. Because that
person is interested in new things and tries to learn them. It is true that news does not always
bring news, but unlike animals, we have the ability to think and analyze. When any
innovation or new IT technology appears, it is necessary to study and analyze it and use
this technology wisely without harming the society. Because today's step will bear fruit
tomorrow.
BEST SCIENTIFIC
RESEARCH - 2022
70
SCIENTIFIC AND THEORETICAL BASIS OF THE FORMATION OF PERSONAL
Do'stlaringiz bilan baham: |