Cuffies Whitepaper 3.0
  • Cuffies Whitepaper 3.0
  • Introduction
  • Mission and Core Values
  • Market Analysis
    • CryptoCurrency Market
    • DeFi Market
    • NFTs Market
    • Social Media Market
    • Content Monetization Market
  • $CUFFIES Token
    • Utilities
      • Redistribution of App profits with holders
      • Tips and purchases of premium content
      • Get rewards by staking your $CUFFIES
      • Lifetime Premium
    • Tokenomics
    • Explaining the Fees
    • Staking Pools
    • Token Allocation
  • Cuffies App
  • Content Creators
  • Cuffies NFTs
  • The Celestia Game
    • Preface
    • Lore and Setting
    • Introduction to Gameplay
    • Mechanics and NFTs
    • Economics and Scalability
    • Matchmaking and Fairness
    • Statement to investors
  • Roadmap
    • Q4 2021
    • Q1 2022
    • Q2 2022
    • Q3 2022
    • Q4 2022
  • Marketing Strategy
  • Security and Social Responsibility
    • Security
    • Social Responsibility
  • Team
  • Scalability and Mass Adoption
  • Conclusion
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  1. Market Analysis

NFTs Market

NFTs, non-fungible tokens, are a disruptive way to store data on a digital ledger through the blockchain. Differently from a fungible token (such as bitcoin), NFTs are unique, where one NFT is different from another. Arts, tickets, videos and photos are examples of NFTs, but they can be much more. The imagination is the limit.

Why do they have value? Value has a subjective side. If you imagine a painting, some people can place a high value on it and some don't. With NFTs, you can prove you have something unique that others don't. NFTs are also part of the history of the cryptomarket through the blockchain.

Considering only the biggest NFT marketplaces, the market cap of this section has already more than 19 billion USD and moved around 250 million USD each day. A new market with limitless possibilities.

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Last updated 3 years ago