Since the explosion of NFTs into the mainstream, there has been a significant amount of attention surrounding their potential in current technological applications.
NFTs saw their first claim to fame with the landmark sales of various pieces of digital artwork that sold for millions of dollars. This culminated into a market frenzy that saw traditional crypto asset speculators, tech enthusiasts and the greater investment community as a whole purchase and mint NFTs with the view to a profit.
During this time many have praised NFTs as being a new and innovative method of disintermediating content creation in traditional forms such…
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