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What Is an NFT? - VOA Learning English for Beginners


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://bekserver.de/wp-content/uploads/2021/06/What-Is-NFT.png" alt="What are NFTs and why are people paying millions for them?"><span style="display:none" itemprop="caption">nft: What is NFT, and why it matters in the crypto world - The Economic Times</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://img.currency.com/articles/-INFOGRAPHICS-What-are-non-fungible-tokens-NFTs-_2.png" alt="What Is An NFT?"><span style="display:none" itemprop="caption">What Are Non-Fungible Tokens - NFTs Explained - Currency.com</span>
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<h1 style="clear:both" id="content-section-0">Our What exactly are NFTs? - A guide to Non-fungible tokens Diaries<br></h1>
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<p class="p__0">NFTs allow properties to be traded on third-party markets without consent from the video game designer. In October 2021, designer Valve banned applications that utilize blockchain technology or NFTs to exchange worth or video game artifacts from their Steam platform. Virtual worlds Some private online communities have been formed around the confirmed ownership of particular NFT releases.</p>
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<p class="p__1">NFTs have been used to auction off virtual land within the games. In June 2021, a plot of virtual land sized 16 acres on Decentraland was cost $913,228. 20. NFT World and the technology allowing the network have offered the chance for musicians to tokenize and publish their work as non-fungible tokens.</p>
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<img width="322" src="https://i.ytimg.com/vi/UB819lXUULQ/hqdefault.jpg">
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<p class="p__2">In February 2021, NFTs supposedly produced around $25 million within the music market. On February 28, 2021, electronic dance artist 3LAU offered a collection of 33 NFTs for a total of $11. 7 million to honor the three-year anniversary of his Ultraviolet album. On March 3, 2021, rock band Kings of Leon ended up being the very first to announce the release of a new album,, in the type of an NFT which created a reported $2 million in sales.</p>
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<h1 style="clear:both" id="content-section-1">The 20-Second Trick For What is an NFT? - Etsy Help<br></h1>
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<p class="p__3">Film In May 2018, 20th Century Fox partnered with Atom Tickets and launched limited-edition digital posters to promote the movie. They were readily available from Opensea. io and the GFT exchange. In March 2021 Adam Benzine's 2015 documentary ended up being the very first motion photo and documentary film to be auctioned as an NFT.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.earthlink.net/wp-content/uploads/2021/05/What-is-an-NFT-infographic.png" alt="What Is An NFT - Non Fungible Token? - Cryptohuff"><span style="display:none" itemprop="caption">What Is NFT? What They Are &amp; Why Is Everyone Using Them - Complex</span>
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<p class="p__4">They were likewise available on opensea. io and other GFT exchanges. Other projects in the film industry using NFTs include the announcement that an unique NFT art work collection will be launched for and director Kevin Smith revealing in April 2021 that his upcoming scary film would be launched as an NFT.</p>
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<p class="p__5">In April 2021, an NFT related to the rating of the motion picture, made up by Gregg Leonard, was minted as the first NFT for a feature film score. In November 2021, film director Quentin Tarantino launched 7 NFTs based on uncut scenes of. Miramax subsequently filed a claim declaring that their movie rights were broken.</p>
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