Top 10 NFT Myths Debunked
NFTs have been gaining a lot of attention lately, with more and more people looking to get involved in the space. However, there are still many misconceptions about NFTs, particularly when it comes to NFT marketplace development and use cases. In this article, we'll be debunking some of the most common NFT myths. Myth 1: NFTs are only used for digital art or gaming assets: Whilst NFTs were initially developed for use cases such as digital art or gaming assets, their potential applications go far beyond this. NFTs can be used for a wide variety of purposes including but not limited to identity verification, ownership records, voting systems, and much more. Myth 2: Developing an NFT is expensive and complicated: Another common misconception about NFTs is that developing one is expensive and complicated. However, this isn't the case. There are a number of tools and platforms available that make it easy to create and issue your own NFTs. Myth 3: NFTs ar...