NFTs Are Going To Get Very Interesting In 2022 Thanks To Platforms Like KwikTrust

While it is true that the cryptocurrency industry has skyrocketed in terms of popularity and usage over the last decade, it is perhaps NFTs (non-fungible tokens) that we need to take a closer look at. These tokens are essentially non-interchangeable units of data which are stored via a blockchain, and can include videos, photos, and so on.

In addition to a rapid increase in global interest for non-fungible tokens, the NFT trading volume had reached over $10 billion by the third quarter of last year. In fact, the global NFT market size could possibly even go over $350 million by 2030. With P2E NFT-based games like Axie Infinity and The Sandbox also becoming very popular, the long-term potential for this industry could indeed be limitless.

It is important to note that while certain cryptocurrencies like Ethereum (ETH) play a role in the NFT sector, NFTs ultimately differ from cryptocurrencies. Still, individuals often need to get involved with NFT and crypto based platforms in order to make the most out of this industry.

What Sets the SuperNFT Apart

When it comes to NFTs, it is vital to operate with trusted marketplaces, tools and validation platforms to ensure that you always have provenance and security over your digital assets. KwikTrust strives to be this kind of platform, as its main focus is on next-generation blockchain validation. KwikTrust’s goal is to become the global standard for managing as well as transferring assets within the digital world, and it is therefore the home of the ‘SuperNFT’ (which is minted through the KTX utility token).

Essentially, the SuperNFT offers increased security, speed, functionality and overall performance in the form of a non-fungible token, which will help to open up NFT technology to various new asset classes across asset management, proof of identity, intellectual property and finance.
Please support by sharing this post. Also, support us on and on

Read More..
Source: #Blockonomicom





Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Value Investing Framework in Cryptocurrencies — Anthony Vo, KardiaChain CFO

Titano Coin Review: Legit or Scam?

BOLT Global Community AMA — 15th August, 12:00 UTC

Make Optimal Use of Your Crypto Coins and/or Tokens with Modern Browser Wallets

Learn how to Buy BDG Tokens & Courses! How to Purchase on Exchanges & Platform

Learn to buy BitDegree tokens and courses

Top 5 Free APIs to access historical cryptocurrencies data 🥇

Selection of Coordinator and Executive Committee

No Valley Beyond

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store

More from Medium

The Passion Behind Lois Downward’s Ongoing World Travels

Fed Takes Center Stage

Vetter: A New Way To Research New Crypto

Is Morpheus a Materialist?