DO YOU NEED ETHEREUM FOR MINTING NFT?
ETHEREUM IS THE POPULAR BLOCKCHAIN NETWORK RIGHT NOW AND MOST MARKETPLACES SUPPORT ETHEREUM. BUT WHAT MAKES IT SO POPULAR? WELL, THE CONCEPT OF NFT WAS INTRODUCED AFTER THREE MONTHS AFTER LAUNCHING THE ETHEREUM BLOCKCHAIN PLATFORM. NOW MULTIPLE BLOCKCHAIN NETWORKS HAVE STARTED SUPPORTING NFT BUT ETHEREUM IS CONSIDERED THE BEST NETWORK FOR MINTING AND TRADING NFTS.
THERE ARE A FEW FACTORS THAT MAKE ETHEREUM THE BEST BLOCKCHAIN NETWORK FOR NFTS. HERE WE HAVE MENTIONED SOME OF THEM. TRANSACTION HISTORY: THE DIGITAL ART IS STORED AS A TOKEN ON THE BLOCKCHAIN NETWORK AND THE TOKEN IS STORED IN METADATA. BLOCKCHAIN TECHNOLOGY ALLOWS YOU TO SEE REAL-TIME TRANSACTIONS THUS PROVIDING TRANSPARENCY.
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EFFICIENT TRADING: THE PEER-TO-PEER TRADING SYSTEM ELIMINATES THE MIDDLEMEN THUS PROVIDING ABSOLUTE SECURITY WHILE TRADING. PLUS, IT ALSO SAVES THE COMPENSATION FEES WHICH WERE CHARGED BY THE THIRD PARTY DURING TRANSACTIONS. SECURITY: ETHEREUM IS CONSIDERED THE MOST SECURE BLOCKCHAIN NETWORK BECAUSE IT NEVER GETS HACKED OR RUN DOWN DUE TO TECHNICAL ISSUES. THIS IS THE MAIN REASON WHY MOST OF THE NFT MARKETPLACES SUPPORT ETHEREUM.
ABOUT KRAZY KONG NFTS IN CASE YOU ARE PLANNING TO INVEST IN THE BEST NFT IN 2022 THEN KRAZY KONG NFT COLLECTIONS IS FOR YOU. KRAZY KONG IS ONE OF THE MODERN APES TRYING TO OVERCOME ITS TURBULENT PAST AND INTEGRATE INTO MODERN HUMAN SOCIETY. THE MAIN GOAL OF THIS NFT PROJECT IS TO DRAW ATTENTION TO ENVIRONMENTAL AND SOCIAL PROBLEMS SUCH AS DEFORESTATION, ANIMAL RIGHTS, INEQUALITIES, CONFLICTS WITHIN AND BETWEEN ANIMALS AND HUMANS. WE ARE STILL IN THE EARLY STAGES, BUT WE HAVE BIG PLANS AHEAD AND WE LOOK FORWARD TO INTRODUCING THEM TO YOU.