The advent of blockchain technology and the growth of decentralized networks has given rise to a new era in the internet, known as Web3. The transition from Web2 to Web3 represents a fundamental shift in the way the internet operates, and companies that operate in the Web2 space are facing increasing pressure to adapt and evolve. In this article, we will explore why Web2 companies must transition to Web3, and the benefits and challenges that come with the move.
NFTs
The decentralisation of the Web3 plays a key role in the construction of metaverses. Metavers are not new to the world, however, their construction as such has always been limited and mostly centralised.
A non-fungible token (NFT) is a unit of data that lives on a blockchain. Each NFT has a unique identification code that can’t be replicated or copied and metadata that can be linked to a variety of things to provide immutable proof of ownership.
PHYGITAL NFTs: PHYSICAL & DIGITAL BRIDGE To begin, the term “Phygital” has gained significant traction in recent years, particularly…
BEST NFTs USE CASES Non-fungible tokens (NFTs) are changing the way we think about digital ownership and value. NFTs…
