International NFT day celebrates the creation and use of digital assets that are tracked on blockchains.
We marked the occasion by coining a new term to mark the existence of Ethereum’s ERC-721 standard.
A NFT is an asset that can be stored and transferred digitally, just like a traditional asset. They provide more than just the ability to pay for products and services on a blockchain.
International NFT Day celebrates creators and collectors in the NFT community while introducing more people to NFTs. This event is especially important for those who are just getting started with digital collectibles.
The popularity of NFTs is growing across the globe and might actually lead to a single, interconnected digital world where cryptos would be used for all transactions.
According to Raj Kapoor: we saw the shift from just purchasing digital content to things like buying real estate, other assets, and stocks.
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