NFTs are better described as ‘data assets’. Right now, NFTs are best known for being artworks, photos, tickets, and the like. But NFTs hold different forms of data. The non-fungible token structure is better described as data-as-an-asset, as data assets refer more generally to blockchain assets and varied forms of monetizable elements. These can include cryptocurrency, personal data, forms, filings, etc. Basically, data-as-an-asset is any secured or registered element in DLT.
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DLT X ESPORTS
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Welcome to another episode of the Hatched Podcast presented by NEST®! In this episode, we’re diving deep into the world of decentralized finance with special guest
