Therefore, you want to prove that Merit resources use Merit (indirect promoting) to get high-quality remarks.

So what are NFTs all about? And how can they be used in decentralized finance? You’ll find answers to these questions in this video.

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Okay, so let’s start with what NFTs actually are. NFTs stand for non-fungible tokens and they are one of the types of cryptographic tokens that can represent ownership of digitally scarce goods such as pieces of art or collectibles.  

“Non-fungible” is not a very popular word so let’s see what it really means.
In economics, fungibility is the characteristic of goods or commodities where each individual unit is interchangeable and indistinguishable from the other.

Although NFTs can be implemented on any blockchain that supports smart contract programming, the most noticeable examples are ERC-721 and ERC-1155 standards on Ethereum.

When it comes to DeFi, NFTs can unlock even more potential for decentralized finance. Currently, in DeFi, the vast majority of DeFi lending protocols are collateralized. One of the most interesting ideas is to use NFTs as collateral. This means that now you’d be able to supply an NFT representing a piece of art, digital land, or even a tokenized real estate, as collateral and borrow money against it.

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You can find here easily: https://www.youtube.com/watch?v=Xdkkux6OxfM

Keep it real.

Check this out: "Connected from Hong Kong".

[moderator's note: consecutive posts merged]

Hey there. We are developing a project yet to be launched. But before the official launch. We need to grow a strong community that will offer tremendous support to the project.

https://t.me/clubhomykovGroup

The popularity of crypto continues apace with more ‘everyday investors’ – many of them complete novices - enjoying the benefits and rewards.

And while Bitcoin may have heralded the start of disruptive, decentralized finance in 2009, since then thousands more cryptocurrencies have burst onto the market, each one varying in price, availability, demand, transaction speed, fees, and the technology that supports it.

We understand that battling through confusing jargon can feel a little overwhelming - we also know we can’t tell our customers which crypto to invest in. But we can keep things as simple as possible by curating what we consider are the best currencies based on market capitalization (the total value of all of the coins currently in circulation) as well as their long-term growth potential*.