Why NFTs are Crucial for the Metaverse & Web3?

Why NFTs are Crucial for the Metaverse & Digital World of the Future?

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[{"selector":"#anim-f4305c87-6bbc-48e4-8fd3-70f3e7191f31","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a714905d-0722-4a0d-bdd0-3ac9c721eea3","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d2e2d62-ce36-44f4-a0db-556e85b81b7d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] NFT As we move into the world of metaverse and futuristic technologies, the value of NFT is going to increase even more.

[{"selector":"#anim-6ecb7881-7362-41d7-902f-ae5ad9829cce [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5806e227-8a73-4edf-98ae-6de8bd3eec73","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1401dc08-29ea-4cfd-9d0c-cca81f461644","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NFT Let us consider a possible use case of NFT in the future. In the metaverse, you will have an alternate version of yourself (avatar) who will buy clothes and accessories from virtual online stores.

[{"selector":"#anim-c9da0b22-65a4-4bc8-b68a-47409fda9604 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-cb0896a1-ad94-4958-8e3b-5e741aceb299","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-231f28d1-0a89-49b1-a68c-302360f029c4","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NFT Now, these items will be made by digital artist. So, it is very likely that these artistwill sell the NFTs of their work instead of selling them through middlemen who will charge their own fee.

[{"selector":"#anim-ebd1dd5d-b842-4e5d-9773-c7ad4cd6b4c2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5c18115a-895c-4c4a-99fc-3413ce6034c8","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a994d4b7-2f84-476d-b170-ce61cde7a0f7","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NFT As the world becomes more digital in the future, we will see more and more digital commodities in the web space.

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[{"selector":"#anim-2f996e66-04bf-4176-a5fb-466b2cc00b07 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c6064368-7fbc-4a1b-b99a-25deb4d51c9f","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-785a80ed-dcbe-4b86-9ba0-506384fc8a2d","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NFT With NFT, it is possible to use the revolutionary blockchain technology to make every item available on the Internet unique and saleable. Learn More About NFTs

[{"selector":"#anim-6852faa6-01af-432e-ac9e-ae061b5ae3e2","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e366e640-cd74-44fb-878d-382e271173b1","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a39b3ad-ff07-4326-be42-673b86b9c914 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] NFT Non-Fungible Tokens (NFTs) ensure that every creator – whether a painter, a musician, a video creator, or a poet – receives his reward every time the NFT of his work is sold. Learn More About NFTs

[{"selector":"#anim-eac78ad9-ae9d-48ea-af85-d5093b74c4c9","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c97c38bc-e129-4753-85de-d13831064423","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da2e4655-f7d7-42f7-b7bc-f937b9908f06 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] NFT Explore Most Expensive NFTs of 2021 Part-1 Read Article