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Protection of Non-Fungible Tokens in UAE
Non-Fungible Tokens are cryptographic assets on a blockchain with certain unique identification codes and metadata that distinguish them from each other. Unlike the cryptocurrencies, they cannot be traded or exchanged at equivalency. Thus, they do not serve the purpose of commercial transactions. However, NFTs can be bought or sold on NFTs based marketplaces. Sometimes, the … Continue reading Protection of Non-Fungible Tokens in UAE
Read more »Role Of NFTs In The Fashion Industry: An Overview
Introduction Recently, a new trend of merging blockchain technology with the creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. The principles that govern the luxury fashion industry are similar to those that govern other industries. … Continue reading Role Of NFTs In The Fashion Industry: An Overview
Read more »Creators’ Paradise: Non-fungible Tokens
Introduction Non-Fungible Tokens (hereinafter, NFTs) have seen a meteoric rise in their usage and have been linked to all types of creative works such as photographs, tweets, music albums, and other varied digital media. Garnering such stature, with an NFT for an animated GIF selling for more than $500,000, an NFT for digital art snapping … Continue reading Creators’ Paradise: Non-fungible Tokens
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