Non Fungible Tokens NFTS and DeFi

Non Fungible Tokens NFTS and DeFi | Chico Crypto

Welcome to this cryptocurrency video posted by Chico Crypto. In this video you will learn about Ethereum ERC-721 tokens which allow for Non Fungible Tokens (NFT's).

Two of the top NFT projects as of lately are Cryptovoxels and Decentraland. In the past week the volume for these two NFT projects has jumped significantly. Over 50% of the monthly volume has occurred over just the past weeks time.

Both Cryptovoxels and Decentraland are virtual reality decentralized blockchain projects. In these lands you can explore virtual worlds and other users items(nft's). You are able to own a plot of land or parcel and build it up into something you think is valuable.

These games/platforms work with Defi. Non fungible tokens are unique tokens which give the owner complete control and verification of an item. NFT's could be one of the next big things in ownership.

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