Non Fungible Tokens Role In Metaverse Training Ppt

Slide 1

This slide depicts information about NFTs. It emphasizes that these are a new type of digital asset that is distinct, indivisible, and immutable. These help to represent digital and physical assets on the blockchain. It also shows that NFTs are digital data units stored on a blockchain ledger. Each NFT serves as an authentication certificate, proving that the digital asset underlying it unique and cannot be changed or tampered with.

Slide 2

This slide depicts information about the role of NFT in the Metaverse. It emphasizes the importance of NFTs in the development of the Metaverse. NFTs exist on the Blockchain, which was developed initially for digital asset trading but now has many applications. It also mentions that the Metaverse-based NFT marketplace allows the user's avatars to explore the marketplace, examine digital products in detail, and choose the product as per their choice.

Slide 3

This slide showcases information regarding the role of NFTs in Metaverse. It mentions that through NFTs, Metaverse users can access their digital avatars (replicas of their real-life identities). To demonstrate ownership of the respective character, each avatar is tokenized. It also highlights that music concerts and live events in the Metaverse use NFT ticketing technology to distribute tickets to the appropriate audience.