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It is estimated that for the third quarter of the previous year the NFT’s market was around 3,400 million dollars, only in sales.
Unlike cryptocurrencies, NFT assets cannot be divided, as they can only be bought and sold.
Along with cryptocurrencies, NFTs have been placed as part of the digital trends of the new normal.
It is expected that for the following years the integration of an increasingly digital life will take over the daily conversation, so technologies such as cryptocurrencies and NFTs are expected to register significant growth in the coming years; however, as for the latter, not everything has painted in a favorable light, as shown by the Mastercard NFT boss who recently resigned and turned his farewell letter into a Token.
Within the current context, it can be established that NFTs or non-fungible tokens (Non Fungible Token in English) are unequivocal representations of assets, which can be both digital and physical, within a blockchain network, because they use the same technology as cryptocurrencies, although it is worth mentioning that, on the contrary, to crypto currencies, NFT`s cannot be divided or exchanged with each other, since they can only be bought and sold.
Although at present the NFT’s market has been affected as a result of the reactivation of daily life abroad, This market continues to position itself as a trend for the following years, since it is estimated that sales of non-fungible ‘tokens’ amounted to 3,400 million dollars in the third quarter of the previous year, this according to what was indicated by a report provided by ‘ DappRadar’.
Head of Mastercard NFT’s resigns with original blockchain letter
In the last hours, the name of Satvik Sethi, He has given a lot to talk about, since he served until last Thursday, as head of the NFT`s division of Mastercard, this until his resignation due to internal problems, Well, Sethi pointed out that he was harassed by the firm’s executives, which led him to express in an extensive Twitter thread the reasons that led him to make the decision to resign.
I have resigned from @Mastercard.
For the past year, I served as the ‘NFT Product Lead.’ I evangelized Web3 for Mastercard leadership & regional teams, as well as all our Fortune 500 clients & partners.
This wasn’t easy but read on for why it was necessary, and what’s next 🧵: pic.twitter.com/kqiavsSIW7
—Satvik Sethi (@sxtvik) February 2, 2023
However, this is not what has surprised netizens the most, but the fact that the former head of Mastercard in his area of NFT’s, He decided to transform his farewell letter into a non-fungible token, with which to encourage the digital conversation to support him.
If you want to support me, you can mint my resignation for 0.023 ETH. A piece of my personal history from the year I leaped. Art airdrop for holders in the future as thanks.
Would appreciate RTs, 100% of this goes to survival. This isn’t gambling money.https://t.co/OqxRD6LHvd
—Satvik Sethi (@sxtvik) February 2, 2023
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