First it was Tokenization. Now, “Non Fungible Tokens” are the talk of the blockchain world these days. But what are they? And why is their potential so enormous for so many industry applications? In this podcast, Gauthier Zuppinger the COO and Co-Founder of http://www.NonFungible.com – explains how his team has built the best place to analyze, track, and discover NFTs with real time digital asset tracking to help you navigate NFT markets with transparency and confidence. Learn how you can research non-fungible token sales, history, and trends on a per project basis with the goal being to discover everything you need to know about NFTs so you can assess the market value of NFTs before buying or selling. If you’re curious about how NFTs may apply to you and/or your company, then this is the podcast for you!
Non-fungible tokens (or NFTs) are a special class of assets on blockchain characterized by being unique and non-interchangeable with one another for equal value. Similar to Security Token Offerings, think of NFTs as being kind of like certificates of authenticity for digital artifacts and they are currently being used to sell a huge range of virtual collectibles.
As Mr. Zuppinger states on the podcast, an NFT is different from a cryptocurrency in that it is defined by metadata that builds-in a role, function, and value that are unique to it. Specifically, a non-fungible token can be a video game asset, a work of art, a collectible card or image, or any other “unique” object stored and managed on a blockchain. So how do you get consistent and usable experience for digital asset NFT markets, valuations, and up to date news and reviews of various projects? That is where Gauthier’s company comes into play. Before NonFungible.com, users, buyers, players, had no way to know a estimated valuation of an asset or whether there was adequate liquidity to realize any earning potential to begin with. Non-Fungible serves as a tool to do exactly that; to monitor the evolution and trends of NFT markets for the provable ownership of digital assets.
Just a few months ago, not many people had even heard of Non-Fungible Tokens. Now companies are clamoring to create them and markets are being created to list them. Is it a fad, or are they here to stay? Well…Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings, and virtual real estate; and there are already numerous examples of how many have used them to create amazing value. Maybe yours is next? Contact Gauthier at his website at www.NonFungible.com if you have any questions or would like further information on this exciting new industry poised to change the world… again! You can also follow him on Twitter here.
ABOUT OUR GUEST: Gauthier Zuppinger
Gauthier “Zoup” Zuppinger is the COO and Co-Founder of NonFungible.com, which was launched in February 2018 to initially track real-time transactions of Decentraland. The project evolved and gradually grew to become one of the pillars of the non-fungible token ecosystem today. It was initiated with the purpose of creating the link between the different communities of the ecosystem, and to provide support and service to both project leaders and consumers of non-fungible token products.
As a proud holder of various blockchain assets, Zoup is a loud supporter of the decentralization movement and promotes the utility of blockchain assets, as he continues to find hidden gems through concrete data with a “love to learn” curious attitude.
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