What is a NFT?
A non-fungible token (NFT), is a digital certificate of authenticity of which the unique identity and ownership are verified on a blockchain (a digital public online ledger). NFTs are used to commodify digital items of value, such as: digital art, video game items, music, etc. (watch the 2-min NFT explainer video)
With the sudden global explosion and interest in NFTs (Non-Fungible Tokens) TheXchange is suddenly one of the most relevant emerging Global Tech Platforms.
But, what is the problem with NFTs?
Right now it's the Wild West in the world of NFTs. Everybody is issuing NFTs in everything, and there's no way of accurately comparing the value of one NFT to another in a certain class (i.e. Sport or Celebrity Trading Cards). As you will see in the articles below, NFTs are currently selling between a couple of thousand dollars to tens of millions of dollars each depending on the specific NFT and who’s issuing it.
It’s a good thing TheXchange has the solution: Enters StaX, ladies & gentlemen!
Over the past 24 months our Tech team have been developing a single global platform that will allow almost any talented person, group or team, in all passions of life (from sport, music, business to every manner of art) to issue StaX (also considered an NFT) in themselves through the StaX App and allow fans and supporters around the world the world to buy/sell, trade or swap these StaX!
ABOUT NFT’s (click links below)