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India Shouldn t Throw Out the NFT Baby With the Crypto Bathwater NFTs could help Indian digital content creators seek royalties and unlike cryptocurrencies, do not pose the threat of developing into an unregulated currency. An illustrated image shows US dollars, cryptocurrency and NFT written on a phone. Photo: Marco Verch/Flickr CC BY 2.0 Tech7 hours ago If you’ve been to any social media sites over the last month, chances are that you have come across the term NFT (or non-fungible tokens to give them their full name). From Twitter founder Jack Dorsey selling his very first tweet to Elon Musk selling a song about NFTs through NFT – it is safe to say that NFT is set to become a mainstay in the modern digital zeitgeist. And with promises of ensuring that artists, musicians and other creators can use it to be properly compensated for their work, it’s easy to see why NFT has become such an appealing prospect online.

Elon muskJack dorseyLedger technologyFrom twitterOfficial digital currency billOfficial digital currencyDistributed ledger technologyBlock chainCrypto currencyCryptocurrency banCryptocurrency ban indiaDigital contentDigital content creatorsDigital content royaltiesIndia cryptocurrency banLatest headlines