TLDR
NFTs provide you with provable ownership rights to assets that you can track on a blockchain. They are a natural next step for the evolution that started with Bitcoin and digital currencies. They became popular not for their ability to track copyrights, but as proof of ownership for digital arts and collectibles. The most popular use case is governance of copyrights. The money in crypto and the metaverse hype are two main reasons behind the NFT boom. The price of Bitcoin at a new-time high above $68,000 shouldn’t come to a new high of $1,000.via the TL;DR App
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Written by futuristiclawyer | Legal background, interested in business and tech. www.futuristiclawyer.com
