#MyFirstFeedPost Welcome to Binance Square!
The first post is, without exaggeration, a business card of the author, so in this post I will briefly describe my vision regarding the NFT market at the end of 2023.
Most investors have shown their lack of financial literacy, buying up useless NFT monkeys, punks, etc. for yards $BTC .
I applaud the marketers of these projects, to start it off, how is it that a pixelated image of a head has sold for millions $$$?
Thank goodness the hype has passed, and the whining of these poor investors about NFTs being a scam is also coming to an end.
And finally, people are starting to break down the meaning of Non-fungible token, or non-replaceable token.
To understand what this is, it is enough to refer to their fiat counterparts.
In simple terms, NFTs are unique certificates of authenticity, documents that have no identical counterpart, for example, your passport, or driver's license, or digital ID.
Any of these documents can be replaced with a personal NFT, and in fact, this action will create much more value around this tool.
This is just a small step that will bring NFTs closer to their real value in the digital market ❤️🔥
Imagine when all documents will be in the form of NFTs.