At this point, non-fungible tokens, popularly known as NFTs, need no introduction. A by-product of blockchain technology, these digital collectibles have seemingly established themselves as digital diamonds and created immense new opportunities in industries like art, entertainment, and gaming.
However, while NFT sales are skyrocketing, financial experts from across the globe are still debating whether these digital collectibles have any use-cases at all. To their satisfaction, most NFT projects too haven’t yet been able to present any use-cases for the “JPEGs”. But the SYNC Network is changing this for the better.
By combining NFTs with DeFi, the SYNC network is actively changing the way the DeFi ecosystem operates and cementing the place of NFTs in the financial markets.
CryptoBonds: The Introduction of a New Crypto