Is the Hype Surrounding NFTs on the Bitcoin Blockchain a New Trend?
Too Long; Didn't Read
NFT on the Bitcoin blockchain is a relatively new concept. While the Bitcoin blockchain is primarily designed for financial transactions, it can support NFTs. In fact, the first NFT project on the Bitcoin blockchain was launched in 2014 by ColoredCoins, but did not gain wide popularity. ColoredCoins allowed users to create and trade digital assets on the bitcoin blockchain.