Focus on NFTNFTs Introduction NFTs, or non-fungible tokens, are a type of cryptocurrency created on a smart contract platform such as Ethereum. These are unique digital items that can be cool to own or even profitable to trade. Think of them as digital trading cards. Originally only enthusiasts would care about it, but if you get a rare one it could be worth a lot someday. What is fungible and non-fungible? Cryptocurrencies can be fungible, which means that all units of currency (i.e. tokens) are the same and equal, like grains of rice or dollars. Non-fungible tokens are the opposite: each unit of cryptocurrency, or token, is unique and cannot be replicated. This “non-fungible” property can be used for a lot of things, even for certain types of currencies. But the current NFT craze is mostly fueled by digital art and collectibles. People have understood that a unique digital object can be interesting, and even have significant monetary value. This is why the space has recently expand
the speculative peak of 2017, cryptocurrencies have initiated a fairly healthy correction process. With the Covid-19 crisis, the intense risk aversion of the start of the year caused a major low in many cryptocurrencies. The subsequent easing of the financial stress, the massive injections of liquidity, as well as the recent attempts at institutionalization caused an extremely powerful rally in virtual currencies. There is no shortage of cryptos with 3- or 4-digit performance. The challenge for 2021 will be to seize any bullish or bearish opportunities. BITCOIN: THE REFERENCE CRYPTO CURRENCY HOME »CURRENCY CRYPTO» CURRENCY CRYPTO: 7 VIRTUAL CURRENCIES TO FOLLOW IN 2021 CRYPTO CURRENCY: 7 VIRTUAL CURRENCIES TO FOLLOW IN 2021 cryptocurrency-virtual-currencies-follow-2021 After the speculative peak of 2017, cryptocurrencies have initiated a fairly healthy correction process. With the Covid-19 crisis, the intense risk aversion of the start of the year caused a major low in many cryptocur