This is due to the rapidly growing new capabilities, such as in-game purchases, worth more than $70 billion annually. From cats to crocodile bags The difference between a Euro and a cat, or a Bitcoin and a CryptoKitty, is simply the Whatsapp Number List substitutability. A Euro and a Bitcoin always have the same properties. A cat or CryptoKitty is unique. These cannot be copied. In our rapidly changing world, where everything is being digitalized at a rapid pace, digital ownership is therefore not a crazy new step.
The digital certificates that confirm authenticity and ownership are stored on the blockchain, which also makes it much easier to change ownership. Earlier I wrote about the 'tokenizing' of assets, which at that time mainly involved large Whatsapp Number List parties in real estate and shares. Non-fungible tokens add a dimension to this, which is also very interesting for consumers. My colleagues at the World Economic Forum expect that in six years, 10% of global GDP will be stored on the blockchain.
Established names are also enthusiastic: the blockchain-critical Dutch Bank is very interested and the age-old auction house Sotheby's has put its first NFT safe item online. Also read: When will we get a digital euro (CBDC)? So it's Whatsapp Number List not just the virtual cats or baseball cards anymore. In principle, you can turn anything into an NFT and that is already happening.