future: What NFT v. 2.0 will bring into the crypto sphere? Interesting NFT v. 2.0 projects

future: What NFT v. 2.0 will bring into the crypto sphere? Interesting NFT v. 2.0 projects

< Show Wisdom Collection: What NFT v. 2.0 will bring into the crypto sphere? Interesting NFT v. 2.0 projectsarticle avatarJames Barcus

IT VP

What are the differences between NFT and NFT v. 2.0 in your own words?

NFT 1.0, in the most basic terms, is a rare gif or jpg whose value is determined by consensus. In my opinion it makes any NFT a higher risk. NFT 2.0 reduces risk by making the NFTs much more difficult to scam, or hack. It makes higher priced NFTs at least partly attainable by allowing portions to be sold to individuals. It incentivizes NFT creators to create high quality projects because they can receive royalties for each time their creation sales. And you can also add the passive income that can be generated by holding or leasing NFTs, the ability to customize and upgrade, and the ability to link to other NFTs makes the overall possible value more likely by adding true value in the NFT asset itself.

What NFT v. 2.0 will bring into the crypto sphere?

Due to the fact we are just scraping the surface it is hard to be specific about what the future will hold, but with NFTs being able to store data and use smart contracts it opens a whole world of potential. NFTs have gone from incredibly expensive low-resolution pics to replacing real world assets like pink slips, leases, deeds, and contracts. NFTs may very well end up being one of the most functional and important part of the future of crypto.

Based on your research, which NFT v. 2.0 projects do you find most interesting and why?

The projects I find most interesting are not the NFT drops on a marketplace, but the projects pushing and moving NFTs along in their evolution. These projects would include RMRK, Arweave, the Sandbox and Decentraland, VeChain, CryptoKicks, Sidus, Alethia AI, and MetaHero to name a few. The simple reason is that these are the innovators that driving NFTs to their destination of being one of the most important and useful parts of crypto and may be the main reason for it's world-wide adoption.

article avatarKostadin Dzhondzhorov

PCBA Proccess Engineer

What are the differences between NFT and NFT v. 2.0 in your own words?

NFT was started as pictures on blockchains and nothing more for example CryptoPunks in the early stage. The NFT was just the begining and open the gate for future developement and upgrades of itself. In short timeframe was created NFT v.2.0 and unleashing many usefull operations and commands like nesting of NFTs (NFT can own other NFTs).

What NFT v. 2.0 will bring into the crypto sphere?

Cryptosphere holders will receive the Gen 2 Collection for free with future options like staked for passive income.

Based on your research, which NFT v. 2.0 projects do you find most interesting and why?

I thing the projects like cryptospherenft for example will scale fast based on big social activity.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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