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NFTs Will Soon Have a Unique Authenticity Verification Feature

NFTs Will Soon Have a Unique Authenticity Verification Feature

HappyCoinNewsHappyCoinNews2024/10/29 15:33
By:HappyCoinNews

Graphic designer Winkelman, who sold in 2021 NFT at auction for $69,3 million, said , that the non-fungible token sector will soon be transformed and introduce a unique feature.

In his opinion, speculators who had never been involved in art and did not understand it have left the market, and this is a positive thing. Winkelman noted that several years ago the sector- NFT was a classic bubble and was bound to burst.

With the sector now clear of speculators, it will be able to offer clients something special, and NFT can become certificates of authenticity, the designer noted.

He believes that in this capacity NFT will become the best proof of ownership, unlike paper documents, and sooner or later, each painting will acquire its own NFT .

The only people left in the ecosystem now are those who understand the technology well and see it as a tool to express artistic ideas. They do not see non-fungible tokens as an asset to speculate on.

Recently the sector NFT showed a significant decline in trading volumes after rapid growth in 2021. Perhaps it really is only connoisseurs of new technologies and art that remain.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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