The 21st century is witnessing rapid transformation with the emergence of Non-Fungible Tokens (NFTs), transforming the concept of ownership in the realm of art, collectibles, and virtual assets.
These unique digital tokens, authenticated through blockchain technology, have revolutionized how we perceive ownership and authenticity in the digital world. NFTs have gained widespread popularity across various industries, particularly in art and music, where they have been used to sell digital artworks and music albums for millions of dollars.
In addition to the financial aspect, NFTs hold massive potential in reshaping the concept of intellectual property rights and how creators can protect and monetize their work.
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