WTF IS ALL THE HYPE ABOUT

NFTs A critical look into NFT and its impact on Metaverse

@ Copyright 2022 – All rights reserved This book or any portion thereof may not be reproduced or used in any manner whatsoever without the publisher’s express written permission except for the use of brief quotations in a book review of a scholarly journal.

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About Us DeBust is a Ranking system and Customer reviews of NFT Projects and NFT’s (Tokens). It is a fast-growing, community-driven consumer review platform based in Singapore. Because customer reviews are a learning opportunity for businesses and are also marketing and sales tools for businesses, DeBust gives opportunity to review projects or NFT’s before investing in it. Website: debust.com Product name: DeBust Product type: Application / WebApp

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Table of Contents Introduction

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Chapter 1: Education about NFT and Metaverse

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Chapter 2: Why NFTs are the future-positive traits of NFT

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Chapter 3: Reason you should believe in NFT

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Chapter 4: Testimonials- How others made it big on NFT

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Chapter 5: A Look into the Future of NFTs

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In Conclusion

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Introduction The first time you got in a car, you didn't even think about how the engine worked; you just knew it worked somehow. The car served as a better way for you to get from one place to another than walking, so you took the car. NFTs have taken off so quickly because they are at the intersection of our sense of community and abundance. They put tribalism and freedom right in your hands. There is a dream of making money doing what you love with people you like and being in a system where you will be held accountable for who you are. Do you remember back then when you used to buy a pack of Pokemon cards in the late 1990s? NFTs are kind of like trading cards, but they're all digital. You can buy and sell any digital asset like a video, art, or music on NFT marketplaces, just like trading cards. The big difference is that NFTs are one-of-a-kind and can only be owned on the blockchain everyone is talking about. So, with NFT, you get to own something that no one else has. In the NFT space, it might be worth more to keep it as a collectible or sell it for money. If you drag and drop a jpeg onto your computer, you can easily make copies of an NFT's digital assets. However, the actual ownership of an NFT is written in stone in the blockchain. Like the Mona Lisa, there can be many copies, but there is only one original, and the French own it. We are DeBust, the new citizens of web 3.0. A Platform/Visitor enjoys decentralized authenticity is 100% spam free, reviews on Smart Contract are 100% Fake free, Insights and trends shared by crypto punks & NFT enthusiasts, make informed decisions with word-of-mouth recommendations, spot early trends, measure and track Bust Rating!! Also, NFT Holders gain economic incentives for reviewing, earn

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rewards and redeem exclusive membership tokens, newsletter/Updates on the big moves, free courses, access to AI based insights. NFT creators also, gain real feedbacks and testimonials from authentic investors, build trust and loyalty with your project, drive positive reviews and recommendations, advertise on platform, newsletter Marketing Services, front page listing, gain more visibility in the entire NFT ecosystem. These and lot more are the offers you get to enjoy with DeBust! Keep reading.

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Chapter 1: Education about NFT and Metaverse Metaverses, NFTs, and Crypto Tokens, each of these things, have a specific purpose but also work together and help each other grow. Metaverse: The Metaverse is an online, three-dimensional universe that brings together different virtual worlds. Users will work together, meet, play games, and socialize in these 3D spaces when they use Metaverse, which lets them do all of this. You can liken NFT to a new version of the Internet in the future. The meaning of NFT is Non-Fungible Tokens. NFTs are digital items that can be bought and sold with this blockchain technology. A blockchain is a digital ledger of duplicated transactions distributed across the blockchain's complete network of computer systems. These assets are not fungible, so they are not the same as other types of assets, like stocks or bonds. Instead, they are based on value and popularity. What are NFT and Metaverse? If you want to understand how NFTs work in the Metaverse that is coming into being, you need to find the correct answer to this question before you move on. NFTs, or non-fungible tokens, are a new type of digital asset that is unique, indivisible, and unchangeable. They are a new type of digital asset. They help to show who owns digital and physical assets on the blockchain. From digital art to the gaming industry, NFTs are making a big difference. What is the Metaverse? It's a future vision of the Internet that could be more immersive and all-encompassing with virtual reality (VR) and augmented reality (AR). Headsets are likely to play a significant role in making online experiences look and feel more natural, and even replacing some real-world activities, like going to the movies or going to the gym. It is called the Metaverse because it is made up of many.

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A Metaverse is a virtual representation of the world we live in. It is where digital environments can be very flexible, scalable, and work together. People can use avatars to go to concerts, art galleries, and other places in these virtual worlds. They can make these avatars look any way they want. You can think of the Metaverse as a digital world that runs on the blockchain, and technologies like VR and AR could be used to make the visual arts. The blockchain isn't controlled by anyone, which means endless business and social opportunities exist. Most importantly, the Metaverse combines new technologies with models of how people interact from personal and business perspectives. Other than one Metaverse, there is also more than one way to live. And there are a lot of different ones being worked on by different companies, each with its own set of network protocols. They all have the same goal: to let more of our physical and digital lives mix more often. Cryptocurrencies are digital assets used as a medium of exchange and a store of value in these virtual worlds. Cryptocurrencies are mainly used to handle transactions and other tasks in the physical world. NFT there is also a form of Cryptocurrency which allows people to buy or sell one-of-a-kind digital art on the blockchain. Only a few people can say that they own a painting by Monet, others can make prints of the original, but they aren't worth the original because the ownership was not transferred. The same thing is true for NFTs. The ownership of the NFT is established on the blockchain through several network processes. This makes it clear who owns any piece of art without a doubt. These blockchain facts don't seem to be connected at first glance, but there is a link between them all. 4

NFT interaction in the Metaverse Thanks to NFTs, users in the Metaverse can keep all their digital assets under their control. Blockchain technology makes it impossible to change the proof of ownership that underpins these virtual worlds. For instance, if you buy a bunch of land in Decentraland, the Metaverse would give you NFTs as proof of confirmation, and the blockchain would make sure it was guaranteed. NFTs are also important in the Metaverse because they can create exclusive environments to improve the digital community and social experiences. When you hold a Premium NFTs, it can be used to get into some of the wealthiest and most affluent communities in the digital world, as well as perks, rewards, and other high-end items. Crypto interaction in the Metaverse. Cryptocurrencies are the money of the Metaverse. They're used to paying for everything, from NFTs to virtual real estate to avatar shoes. Each Metaverse has its own set of coins. Cryptocurrency is traded on exchanges worldwide, so investors can make money by selling coins and NFTs to people who want to buy them. In another way, cryptocurrencies act as a bridge between the real and virtual worlds. They let us figure out how much digital assets are worth in real money and how much they make over time. When the Metaverse, NFT, and crypto tokens all work together, what does Ethereum play a role in this process?

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Ethereum is the second-largest Cryptocurrency in terms of market value, after Bitcoin, the first one. Even though it's one of the best coins out there, it's also a development platform that people use to make these Metaverses. If you want to buy something with an NFT platform called "DeBust," you can use Ethereum as the main currency. In addition, most NFTs can be purchased with ETH from a crypto wallet. Ethereum is the force behind these three ideas and many other new technologies, like Defi and dApps. There aren't many Blockchains that can let Metaverses, NFTs, and cryptocurrencies communicate, but Ethereum is one of the few. The Metaverse is a massive chance for crypto. It could change how people socialize, watch performances, interact with brands and learn. It could also change how people buy and sell digital assets. People are using and adopting crypto more and more because it is now used to buy and sell things in the Metaverse. In the future, digital fashion will be as dynamic as physical fashion, and it will be just as easy to change. But it's not just about having high-end clothes. NFTs are buying into the Metaverse for Louis Vuitton, Gucci, Burberry, Adidas, Nike, and other high-end fashion brands like Nike and Adidas. It looks like Walmart will start selling NFTs and its Cryptocurrency to people soon. This puts convenience and luxury right next to each other. Many people would think that NFTs are just images of digital art or collectibles that they can sell for much money. However, the current craze for digital art has shown that you can do many new things with NFTs. For example, the NFT Metaverse connection is a good use case for NFTs. There are many new opportunities for investors, businesses, and hobbyists on the road to the future of NFTs, and this could change how people use and adopt NFTs in the long run. 6

Does NFT belong to Metaverse, or is it something else? People talk about how the Metaverse and NFTs could work together. Many people think that NFTs are just another part of the bigger Metaverse. However, it is safe to say that the Metaverse will only come through virtual worlds. The main reason for this is that NFTs have been increasing in blockchain games. Interoperable games can help the Metaverse grow by making virtual worlds better for people to play. In addition, the fact that real-life identities can be linked to digital avatars makes it possible to set rules for how people can get into the Metaverse with NFTs. In 2019, the Metaverse NFT token was first used when NFT-controlled access was used. The first NFT.NYC conference of 2019 used an NFT-based ticket to let people into the event. Even though no one could call the conference the "Metaverse," it set a good example for the NFT and the Metaverse. Is it going to be built by NFTs? The Metaverse is a terrific idea, and NFTs can be a big part. NFTs might be able to help you get access to the location in the Metaverse while also letting other people in. Projects that use NFTs as deeds to the virtual property could be pushed forward by NFT Metaverse projects. In your search for the answer to "Is NFT part of Metaverse?" you may have found out how NFTs can help build the Metaverse. However, it is essential to understand how NFTs can change the Metaverse's basic design. You must have noticed that NFTs could change the way people interact, make money, and socialize in the Metaverse. In the Metaverse, NFTs play a significant role because blockchain is transparent and can't be changed. The Metaverse's economy needs to be fair and open because of these things. Supply and demand would now play a significant role in how much 7

rareness of NFT and how much value they have on the blockchain. As a result, you couldn't think of any ways to raise the value of things artificially. So, you can see how the Metaverse and NFTs work together to make an economy that is both fair and open. How can NFT be useful? It turns out that the innovative contract features in the NFT could also be used to sell real estate on the Metaverse. The use cases for NFT in the Metaverse would be mostly about NFT-controlled access in the early stages of Metaverse development. NFT-controlled access could help VIPs get into both real-world events and the events in the Metaverse. This is similar to the first time NFTs were used in real life. NFTs could also be used to airdrop branded goods or special access privileges to people who follow you. NFTs could make fan engagement more efficient, but they could also make it easier for people outside the Metaverse to work together with infrastructure that supports features like location-based engagement and augmented reality. In other words, the Metaverse and NFTs were made for each other. There is a long way to a fair and open economy. So far, people and businesses have shown off their real-world assets and solutions in a digital, decentralized environment. If new models and blockchain games work together, the Metaverse could become more open to real-world assets. It would become more critical for NFT to play a role in the Metaverse with new models, like the play-to-win game model. It not only gives people the chance to use NFTs to make the Metaverse more interesting, but it also gives them more chances to win. On top of that, play-to-earn games give players full ownership and control of their assets, which makes the games fairer.

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Play-to-win gaming guilds are a big part of the growth of the NFT Metaverse interplay, and you can't help but notice that. The guilds act as middlemen for people who want to buy things like assets and land in the game. Then, they give the assets and land to people who can use them in different virtual worlds to make money. In return, the play-to-win guilds would only get a small share of the money. Using NFTs, you can set up a fair and open economy in the Metaverse, which you want. The guilds could make it easier for people who don't have much money to start playing play-to-win games by giving them a head start. Users could also trade their NFT assets, like in-game collectibles and digital real estate, on NFT marketplaces without going through any rules first. Because of this, you can see that there could be a fair economy in the Metaverse, where everyone can be a part of it. A New Generation of Community, Social, and Identity Experiences Is Coming. A project like this would also impact how people see themselves and interact in the Metaverse. Users could show their support for a project or express their thoughts about the virtual and real worlds by owning NFT assets. As a result, people who own NFTs could form groups to share their experiences and work together on content. There is much talk about NFT avatars right now. This shows how the Metaverse NFT connection changes the world itself. NFT avatars are like a player's authentic self and image. Players could use their NFT avatars as access tokens to get into and move between different places in the Metaverse, like different cities. You can think of NFTs as an extension of real-life identities, with users having full ownership, control, and freedom to build virtual identities. The use of NFT avatars in the Metaverse for startup launches and content creation also shows how useful they can be. With NFT avatars, people could get virtual access to many different things in real and virtual worlds. So, the combination of 9

Metaverses and NFTs could make users' social and community experiences better than they would be on their own. New ways to buy and sell real estate are coming up. It takes up a lot of real and virtual space in virtual worlds. You could use NFTs to get complete control over virtual spaces in the Metaverse. With the help of the blockchain, people could easily show that they owned an asset and build virtual real estate simultaneously. One of the most critical applications of these NFT Metaverse projects is selling virtual land for money. You can also make money by renting land, building online shops, or hosting events. Decentraland is the best way to show how digital real estate could work in the Metaverse. Recently, Decentraland put on a virtual fashion show with the help of Adidas. The auction of fashion designs was called NFT at the show. So, there is no reason not to think about auctions for virtual spaces in the Metaverse in the future. Music artists are also interested in virtual real estate because they want to own their work. Every person who owns NFTs in the future would have a place in the Metaverse. Digital real estate would be a general term for owning digital assets. The NFT Metaverse and NFT Metaverse combination could change the future. Many people think that NFTs are part of the Metaverse, and some believe that NFTs are the building blocks of the Metaverse. Ownership and uniqueness are two things that come from NFTs. In the Metaverse, there is a digital world where everything can be done. Many things could happen when the digital world comes together to show tangible and digital assets worldwide. NFTs and the Metaverse would open up a wide range of possibilities.

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Chapter 2: Why are NFTs the future Everything that is not edible in the next ten years will have digital twins. They'll have "NFTs." A digital twin is a digital copy of a real-world product or thing. It lets you keep a digital record of who owns physical things. Why would anyone need an NFT of something if they already own the real thing? The history and authenticity of a real-world item are always in question, especially if you buy it from someone who sells it. Sure, the new shoes you bought on eBay look like Nikes, but how can you be sure? This means it's getting harder to tell real things from fake ones. The answer is to this is digital twin NFTs. With digital twin NFTs, physical items would be linked to a digital NFT and stored on a decentralized blockchain that's almost impossible to manipulate so that they could be sold. As before, the NFTs aren't the real things but a way to make sure that your purchases are real. Think of it like a receipt or a certificate of authenticity that is safe, can be seen by everyone, and tells the whole story. NFTs can be used for more than just games and digital art. You can say for sure that the games CryptoPunk and Fidenza sell for much money, and Axie Infinity gives people in developing countries full-time jobs through playto-earn mechanisms that reward players more than game publishers. But the future of NFTs and how they can be used is much bigger and brighter than games and art. NFTs can show proof of ownership, manage to license, give social status, grant access to only a few people, and show that they are real. 11

NFTs can be used for many things people don't talk about enough, some of which are: Managing the rights for photography NFTs can be used to help people store and share their photos online. There are many problems in the photography business right now. Stock photo sites like Shutterstock and iStockPhoto allow photographers to share their photos with other people. But people who use these sites often break the copyright and licensing of the images by using them in ways that don't belong to them. Also, these platforms and the people who use them have another problem. Suppose a person buys a photo license and then shares the photo with another person. It can be hard to prove that this second copy of the image is unlicensed and, therefore, copyright infringing. However, NFTs can help with this. In the future, a photographer or photography site will be able to make a new NFT for each person who buys a photo from them. Any user will then show that they own the license by signing a transaction with their wallet and putting their name. Without NFTs, a photography site would have to track customers in a single database to transfer a license. But with NFTs, tracking license transfers can be done on the blockchain, which speeds up the time it takes a photography site to keep the feature running. Even if users don't want to use the photo anymore, they can give their license to someone else if they wish to as long as they don't want to use it anymore. Keeping track of licensing and royalties for the music Another use for NFTs is licensing digital music. People bought music on CDs and kept them for life in the past. If someone didn't like a particular CD, they could give 12

the physical copy to someone else to sell. CDs were thought of as valuable things worth more than the music they held. They had liner notes and images that the owner would lose even if they took the music and sold it. Even if they took the music and sold it, they would lose these things. That model has changed since the rise of services like Spotify that allow people to own and collect music and subscription-based services that show ads. A lot of the appeal of collecting an album has gone away because this has made it easier to find the right one for you. NFTs can bring back the fun of collecting music again. Each time an album is sold, artists and record companies can give out an NFT for each copy of the album. Users can stream the album it represents as many times as they want. There is a limit on how many times they can do this. Is it also possible for the album to have lyrics, images, and other media that aren't available on subscription or advertising-based platforms and add value to the album as a whole? If users no longer like a specific brand, they can sell their albums and give the new owner the right to stream each album. As long as they buy a band's first album before they become popular, they might even be able to sell the album and make money. Songs and albums can also be linked to concerts, meet-and-greets, and fan clubs of the artists. They may even give the owner the right to use the song so that the artist doesn't. This means that a piece of music NFT can provide fans with a sense of social status and give them a chance to meet their favorite artists in private. NFTs can have a lot more benefits than just the songs. They can make fans even more loyal to the band. Unlocking value and giving someone else the right to own real estate

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One more area where NFTs could be significant is in real estate. Today, it is tough and expensive to change the ownership of a piece of land. But with NFTs, an owner could theoretically make a token representing their property, and this token could then be given to a buyer to complete the sale, but this isn't very likely. People who own homes could even use the token in the future to get money out of them. This would be cheaper and more efficient than going to a bank, so it would be better to do this instead. There's more! Imagine owning just a small part of a house that you usually couldn't afford to buy. A non-fungible token can give you the power to do just that, as well. Own just a small piece of a home, and you'll get money when the value of the home rises. You'll also have a digital record of how much of the home you own is stored on the blockchain. Ownership of textbooks and other works can be changed Many students prefer to buy paper textbooks instead of digital ones right now. They can't be sold again after a class is over. You can also do it now to make college textbooks into NFTs. Digital books still cost students more money, even though publishers have to spend money to print paper copies of them. There is a way to solve this problem. The publisher should print an NFT for each copy of the book. Those who want to have a copy of their textbooks to look back or use as a source of information will be able to do so. The tokens can also be sold at the end of the semester by students who don't want to keep their books and make some money. They can then give away their right to read the books in the future.

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Almost any future use for NFTs is possible. Using NFTs to store digital art on the blockchain is a five-year-old idea, even though they've only been around for about 18 months or so. As long as you live in the West, you don't have to think about things like proof of ownership or verifying that something is real. That's because we have robust legal and government systems that protect us. However, relying on that protection means that you have to trust a single person. It has the same effect on the value of things like intellectual or physical property when NFTs are used. It allows you to be in charge of your own money in the same way that Bitcoin allows you to be your banker. That's an important thing to know, especially for the more than 2 billion people in the world who don't have a bank account and likely live in places where the legal system isn't solid. That's why the future of NFTs isn't limited to social status, memes, or multimilliondollar works of art that become profile pictures. It's a lot more than that. Banks started to be disrupted, and now everything else will be disrupted. NFTs have changed everything in the digital world, from art to gaming to investing. So far, non-fungible tokens haven't been able to reach their full power. Twitter, Meta, and Reddit are all working on NFT projects. Investors are betting big on NFTs, and new NFT startups are coming up every day. This is because NFTs are becoming more popular. As for the future of NFTs, what does it look like to us now? Next, what industries will they change? And what NFT trends will shape the next few years?

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Chapter 3: Why you should believe in NFT Why would someone pay for content that can be downloaded in many cases? This is one of the most often asked questions about NFTs. There's a distinction between downloading an NFT image and storing it on your computer or phone and owning the original. You can download images hundreds of times, but none of them matter because you don't have access to the NFT linked version, certifying that you possess the original artwork. The image or video you downloaded has no monetary or financial worth, whereas the image backed by NFT is an original work of art by an artist. The image and reproductions or duplicates will never be worth anything close to the true original, just as you can go online and download the Mona Lisa image or even buy a Mona Lisa poster. Here are reasons why you should believe in NFT. Scarcity There's nothing like a sense of uniqueness to pique someone's curiosity in a specific item. Because NFTs can only have one owner, they instill a strong sense of scarcity. This drives potential buyers to get fixated on a specific piece, fearful that someone else will be the sole owner of an NFT they like. Consider when you see a pair of sneakers you want to buy, and the website informs you that just 'one pair remains.' If you're like most of us, this heightens your sense of scarcity and motivates you to make the buy, even if it's not financially feasible. Collectability NFTs are essentially trading cards for the super-rich, similar to how kids swap baseball cards on the playground. While these cards have no inherent value other than what the market assigns them, their shifting value makes their collectability and 16

trading potential a high-risk gamble. As a result, drawing parallels between the NFT and the art market is straightforward. However, unlike the art market, NFTs provide artists more control over their work because they are no longer reliant on galleries or auction houses to sell their work. Artists can sell their artworks directly to purchasers and keep more revenues by cutting out the middleman. Is it possible to generate money with NFT? Yes, it is correct. Digital artists and content creators have a unique potential to monetize their digital creations and products thanks to blockchain technology and non-fungible tokens (NFTs). The fact that an artist or content producer who creates artwork on the blockchain does not require the usage of an art gallery, store, or museum is what makes NFT art so outstanding. He doesn't need an agency or even a significant number of social media followers to generate money. Another distinction is that when an artist's work is resold on the secondary market, he can get money, usually in the range of 5 to 10% royalties, and his copyrights are safeguarded. Finally, as the second-largest Cryptocurrency, Ethereum has a market capitalization of approximately $420 billion. Selling a digital artwork for 1 ETH (about 3,500 USD) can become more valuable over time if 1 ETH rises to 10,000 USD. (It's similar to buying stocks, for example.) NFT art can be viewed as both a short-term and long-term investment.

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Is it wise to invest in NFT? While acquiring NFTs still necessitates the use of bitcoin, there are numerous instances where a tiny investment can yield significant rewards. For example, Trevor Jones is a classical artist who transitioned to crypto art in 2019. EthGirl, a digital painting portraying an animated mosaic of the Ethereum logo that exposes a face, was his debut NFT piece. The NFT art was sold for 70 Ether (ETH) at the time, which was the equivalent of $10,000. The artwork was valued at over $8 million two years later, in 2021, thanks to the NFT buzz. The same classic rules of demand and supply apply to the value of an NFT or crypto art to all other assets. Demand rises as the online community of collectors, buyers, and investors expand. At the same time, the supply grows as more artists perceive NFT art as a superior option for their creations. Rare pieces by popular artists, as in the realm of conventional art, are the ones most likely to be appreciated, collected, or purchased. One-of-a-kind works are in higher demand than one-of-a-hundred pieces. Collector demand may lead to considerable increases in the auction and secondary sale prices for these works of art. Damien Hirst, a well-known British artist, announced the launch of his NFT collection, " The Currency," in mid-July. Ten thousand coins were made available to the public, and they were designed to look like legal currency. The uniqueness and universality of this initiative lie in the fact that these coins require their owners to decide. They can keep the work in tangible form or store it

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as an NFT on the Ethereum blockchain. As a result, anytime one of the forms is selected, the other is destroyed. The experiment was a success, with over 32,000 persons requesting 67,000 NFT works, over seven times the amount offered. The sale should bring around $20 million at $2,000 per unit. NFTs, on the other hand, are particularly appealing to art collectors since they allow you to purchase and invest in both a new revolution and the art itself. Some predict that NFTs will transform the art world in the same way that Bitcoin (BTC) and Ethereum (ETH) have transformed the financial sector. As you have known that NFT is the future, especially since Metaverse needs it to operate, therefore, this is the future of NFT will look like: Every piece of art would come with a contract called NFT, which would be both its certificate of authenticity and its certificate of ownership. NFT would be attached to the artwork with a link serial number or QR code. NFT: This contract would be used to pay for the physical art. The money could also be put into an escrow account until the buyer's work is safe and sound. Every time a physical piece of art was sold, the contract NFT would also be sold. Otherwise, the ownership of the piece would not be valid. The use of this contract NFT future would stop or at least significantly reduce the art world's most common fraudulent actions (money laundering, forgeries, Etc. It would also ensure that all artists were paid when their work was sold again, not just NFT artists. All artists would also be able to see at any time who owns their work and how much it sold for, which would be an unprecedented level of transparency in the art world. This would help bring artists from the periphery of knowledge closer to the center.

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NTFs are the new gold and even though it is storming the market now, it will only make better appearance and positive rewards when the Metaverse starts fully.

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Chapter 4: Testimonials- How others made it big on NFT NFTs are hot right now, and it looks like everyone in the crypto sphere on social media is trying to make that clear. Sean Kelly's job was to help launch Chibi Dinos NFT and sell nearly 10,000 cartoon dinosaurs for $2 million in 18 minutes. Sean Kelly said he is 24 years old. EtherRock, which are digital images of cartoonish rocks, sells. It sold for $4.5 million in the last week, says NonFungible.com, which tracks the market. The excitement is reaching a fever pitch on Twitter, the leading social media site for people who like to talk about crypto. People share stories about how much they spent and how much they made. Stories about how NFTs change people's lives are all over the place. Andrew Kang, the founder of Mechanism Capital, recently bought two digital rocks for about $200,000 each. This is how much each rock cost. When The Block looked at data from NonFungible, it found that prices for NFTs in the arts and collectibles category hit an all-time high of $63,730. Many people who use Twitter say that the trend has made them a fortune. This is just a pinch of the thousands of testimonies. Lots of other testimonials can be gotten from investors in NFT worldwide.

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Chapter 5: A Look into the Future of NFTs When NFTs first came out, it was thought that they were only for people who had a lot of money and time to spend on them. But now that we've heard about how NFTs are going, many people are jumping on the bandwagon. Today, NFTs are taking the world by storm; they are quickly capturing the public's attention and making them think. NFTs are the future because they decentralize commerce and make it easier to see what is going on. NFTs will play a big part in giving people more freedom to trade. NFTs can help artists and creators be more innovative and get paid more because they no longer rely on third parties. Here is a primer on NFTs for people who haven't used them yet. NFTs are digital certificates that show that someone owns a virtual asset, making it possible to transfer or sell it to anyone else. It is made with "blockchain" technology, a transaction ledger that can't be changed or manipulated. It records transactions over multiple networks to prevent tampering or manipulating ownership records. The blockchain system is vital for cryptocurrencies because it is tough to get your money back if something goes wrong. Artists can control their work for the first time in history without relying on corporations or intermediaries. NFTs have made this possible. In this way, the artists can get to know their customers and sell their work right to them. It has been hard for people to avoid plagiarism and copying from the Internet, but NFTs have also helped. This is great news for the artist who did the work. NFTs and new ideas for the future

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NFTs have opened up a whole new world of creativity and innovation, not just for games and art. Some examples of new ideas in this field include moving from cards to role-playing games and story-driven missions that connect people. The new types of NFTs and digital assets are being made all the time, so keep an eye on them. Among other things, Jack Dorsey put the first tweetup for sale. There is some news that William Shatner used X-rays of his teeth to make NFTs. NFTs are also being used to fight the counterfeiting of assets. It has made transactions faster because of smart contracts written in code. NFTs and the Future of Business Here's why I think NFTs will change the world of business. There are only a few big companies in the modern sense of business. Generally, rules and regulations favor big businesses rather than small businesses or customers. Blockchain-based systems will break up this monopoly and build a new platform for decentralized commerce. This will open the door to more innovation and transparency to make things even better. The boom in the NFT scene in 2021 is a sign of things to come. The future of eCommerce will be a lot more decentralized, which could make NFTs very important in the new world. Companies like Amazon and Alibaba are now in charge of the retail e-commerce market, but they're also expanding into other areas, like food and clothing. They have much power in the e-commerce world. People who buy and sell things will trade directly with each other, giving them more control. If NTFS is used, it could lead to the end of these e-commerce intermediaries. 23

NFT are in a state of rapid change right now. Recently, Metakoven, who bought Beeple art, has split the NFTs into smaller sizes and sold them to other people. People aren't sure if this kind of trade is legal because laws haven't caught up with NFTs yet. In the future, NFTs may be changed and improved so that more and more people can use them for trading. We need to see how NFTs will change and look for all the different ways they could turn out. But the way to go is clear. We need to set up a new system of commerce that is digitally transparent and easy to use. Coins and NFTs that use the blockchain are a good fit. These will be the norm a few years down the road because people are now interested in them. NFTs have set the stage for a new kind of business where people can more easily trust their sellers. It doesn't need any middle people, so there's no need for arbitration because blockchain technology is clear and safe. Once the excitement and hype die down, new models and eco-friendly systems will be made, and NFTs will be the way to go in the long run; whoever doesn't want to be a part of this change may be left behind soon.

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In Conclusion NFT has an excellent future, and because of that, the number of people purchasing it will undoubtedly increase. More importantly, major corporations that already make money outside of the crypto realm are interested in getting involved, and this is why we are introducing you to DeBust.

● Fast-growing, community-driven consumer review platform based in Singapore. ● Opportunity to review projects or NFT’s before investing in it. ● Customer reviews are a learning opportunity for businesses. ● Customer reviews are marketing and sales tools for businesses. ● Positive reviews can be used as customer testimonials during lead acquisition. ● 91% of consumers read at least one review before purchasing a product.

Benefits for an NFT Enthusiast: ● Decentralized authenticity is 100% spam free ● Reviews on Smart Contract (ERC-721 Launchpad) are 100% Fake free ● Insights and trends shared by crypto punks & NFT enthusiasts ● Make informed decisions with word-of-mouth recommendations ● Spot early trends, measure and track Bust Rating!!

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Benefits for NFT Holders: ● Gain economic incentives for reviewing ● Earn rewards and redeem exclusive membership tokens ● Newsletter/Updates on the Big moves ● Free courses ● Access to insights (AI based)

Benefits for NFT Creators: ● Gain real feedbacks and testimonials from authentic investors ● Build trust and loyalty with your project ● Drive positive reviews and recommendations ● Advertise on platform (top banner placement) ● Newsletter Marketing Services ● Front (Sponsored) page listing ● Gain more visibility in the entire NFT ecosystem With DeBust you can be assured of great benefits in the NFT and Metaverse world.

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