Jennifer Davies

The price of an art piece is defined by its uniqueness. Non-Fungible Tokens are like the digital representations of physically unique art pieces. NFT marketplace is like an art gallery where you can buy unique paintings. These three lines are an overview of an NFT marketplace. According to Binance, “NFT marketplace is a platform where you can buy, sell, collect, trade, bid on, showcase a unique object that cannot be replicated.” OpenSea is the most popular NFT marketplace that allows users to trade NFTs. “Ken Bon Punk” is the most expensive NFT sold on OpenSea ever.  Have a glance at current market statistics to get an idea about the NFT market.  Current Market Statistics You can buy almost 27 Rolls Royce Ghosts with the most expensive NFT valued at more than $91 Million. Netizens are excited regarding the updates on NFTs and new launches. Currently, the NFT market has a worth of over $11.3 Billion and has increased over 20x.  NFTs first appeared in the year 2014 but gain...

You may be wondering where to learn more about NFTs if you're a business owner or freelancer interested in minting your own tokens. The following comprehensive guide introduces the seven most popular NFT marketplace platforms available today. In the end, you'll be prepared to start shopping around for the right platform to get started in NFT. Let's begin without further ado! What are NFTs? Each NFT is unique and irreplaceable, as they are non-fungible tokens. Many businesses use them to represent digital assets, such as game items and digital artwork, but they have also proven useful for various other purposes. Crypto assets powered by smart contracts offer endless opportunities, from marketing to hotel booking to startup funding. How do NFTs Work? NFT transfers can only be recorded on the blockchain with the private key of the owner (a kind of password). Virtual bearer bonds are best understood as virtual NFTs - the private key associated with an NFT grants ownership righ...

The Metaverse carries the potential to skyrocket and proliferate present e-commerce methodologies while offering an "out of the world" experience for the customers. The primary benefit of e-commerce prompted by Metaverse will be "customized experiences", which are only product suggestions and discounts for now. With the help of emerging  Metaverse development services , Online shopping will become a lot more immersive, interactive, personalized, and enriched. Thus, let's discuss the role of a metaverse in eCommerce in detail Convenient Shopping Even though online shopping is an inevitable trend now, it still falls behind the physical store experience because visualization of the actual product is not possible. Enter metaverse, virtual shops will become so immersive that they will replicate the actual stores resulting in more interactive shopping.  Real life like Experience Online shopping is quite isolating with only you making the decision and scrolling through...