Answers:
Yes, it appears that Non-Fungible Tokens (NFTs) are making a comeback as a result of Animoca Brands securing a $20 million funding round to drive their ambitious Mocaverse Metaverse project. NFTs are digital assets that are stored on a blockchain and have unique, non-interchangeable characteristics that give them value. They are often referred to as “crypto-collectibles” and can be used for various applications such as gaming, art, and digital items. This funding round will enable Animoca Brands to develop an interactive virtual world that uses NFTs for in-game purchases and rewards and also could be used for digital ownership of virtual objects, land, and buildings. This could be an exciting development for blockchain and NFTs, assuming Animoca Brands is successful in their project.
