Review on NFT by Douglas Cachazo
NFT (NFT): On the wave of non fungible tokens
There is a modality that currently could be said to have become fashionable, to the extent that it has caught the attention of recognized financial personalities in the world, who have found them interesting and consider them a good option for investment, undoubtedly a great contribution to the blockchain,
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Such is the case of the NFTs called non-fungible tokens, and they are tokens that cannot be exchanged since their function is to be the value of some physical asset such as a work of art, something collectible or simply a real estate property, buying the token would be the equivalent of obtaining the title of ownership of the asset to which it is associated, this thanks to the smart contracts of the ethereum blockchain.
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The function of this project is to be the platform where physical assets can be sold and bought by acquiring the token to which it is linked, thus effecting the sale of the asset. That is the function and objective of this project.
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Pros
- Decentralized open source project
- Serves as an intermediary between buyers of physical assets with non-exchangeable digital assets.
- Great contribution to the blockchain
- NFTs are accepted even by the most skeptical of the crypto world
- The sale is backed by the NFT that is impossible to counterfeit, it is unique
Cons
- Very poor website. Little information
