Why NFT Designers Need to Focus on Service

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Why NFT Designers Need to Focus on Service

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  • This paper analyzes the following statement: “Non-fungible tokens have blown up in popularity over the last few months. They have been around for a while now, though. One bitcoin is identical and interchangeable with one another. This characteristic (fungibility) is a key characteristic of currency. However, NFTs are tokens that carry distinct identification codes and metadata. This makes them usable as ways to authenticate ownership or legitimacy.“ 
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Why NFT Designers Need to Focus on Service

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Sample Text From This Article

“First, there is criticism that NFTs are too energy intensive. Most definitely, NFTs currently being minted on Ethereum contribute to large energy usage through the PoW consensus in place, which requires energy output through what is known as “mining” to verify the transactions. However, steps are actively being taken by the industry to ensure long-term sustainability, including the upgrades taking place with Ethereum 2.0 and the new PoS consensus, which stands to reduce energy consumption radically.”

Keywords Used

Frequency – (Percentage used within Article) – Keyword

21 (4%)  NFTs
12 (2%)  world
11 (2%)  people
9 (2%)  blockchain
9 (2%)  virtual
8 (1%)  digital
6 (1%)  NFT

Article Writing Brief

This paper analyzes the following statement:

“Non-fungible tokens have blown up in popularity over the last few months. They have been around for a while now, though. One bitcoin is identical and interchangeable with one another. This characteristic (fungibility) is a key characteristic of currency. However, NFTs are tokens that carry distinct identification codes and metadata. This makes them usable as ways to authenticate ownership or legitimacy.“

Referencing Used

The Referencing style used with this article:

  1. Minimum 4 x credible, peer-reviewed articles and respected websites
  2. 1 x free/ full rights image courtesy of Unsplash
  3. A separate, formatted Reference section is at the end of the article

Extra Article Info - 'Why NFT Designers Must Focus on Service'

  • Please Note: the sales price listed above is in AUD – Australian Dollars
  • English (United States) was the dictionary language used in MS Word
  • 1,400-word article (this word count excludes: headers, footers, meta description, and the entire reference section)
  • PDF + DOCX + TXT file format types available
  • 8 x A4 sized pages in length + free rights image from Unsplash
  • This article has been written and quality-checked using Grammarly Premium

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