• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Brent Xu Breaks Down Everything You Need To Know About NFTs

by Our Correspondent
5 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Technology has not have sped up the pace of the world but has also led to the creation of ideas that seem beyond most minds to comprehend. NFTs are one of those creations. In this article, Brent Xu breaks down the concept for us and shares 3 reasons why you must seriously consider it.

Advertisement

A non-fungible token or NFT is a unique entity. It’s unique not because it’s new or as a collective. Every non-fungible token is unique in itself, which means it can’t be replaced by something else. Brent Xu adds, “Compare that to a bitcoin. One bitcoin can be exchanged for another, and in the end, you’d have traded the exact thing. Not NFT. An NFT is a one-of-a-kind trading card.” NFTs are a part of the Ethereum Blockchain. But isn’t Ethereum a cryptocurrency, like bitcoin? And we just saw how different they could be. How can one platform support such diverse entities? Brent Xu offers an explanation, “NFTs can store extra information. This makes sense for Ethereum to have them on and create a portfolio which is diverse and appealing to the rising interest in them.”

If you got the gist, it’s time to move on to the three reasons that Brent Xu believes make NFTs worth your while.

Digital Art Expansion:

All of us, of a certain age, had a go at drawing when we got our first computer. Some of us might still have them stacked somewhere. Brent Xu says, “Those pieces of art which you considered a time-pass can now help you earn in the digital art marketplace. NFTs can be about anything and have managed to generate a lot of buzz around digital.”

RELATED

FEC To Hold Special Session In Honour Of Ex-President Buhari Thursday

FEC To Hold Special Session In Honour Of Ex-President Buhari Thursday

5 hours ago
‘I Live In My Private Residence’, Gbajabiamila Tackles ‘Erroneous’ Reports On 2024 Budget

Buhari Backed Me When Others Tried to Undermine NASS — Gbajabiamila

5 hours ago

It’s scarce:

Being unique, Brent Xu believes, makes NFTs “scarce. This hypes their value and appeals to investors, buyers and sellers. Last year, with the total value of NFT transactions hitting $250 million and sure gave people something to think about.”

Growing Audience:

It’s new, and it’s scarce, but that doesn’t mean it doesn’t have a huge audience. Brent Xu adds, “The internet, virtual reality, and the digital realm are the domain of the younger generation, and they love to go for the hottest deal in town. Right now, that deal is NFT.”It’s a good time to understand NFTs. As Brent Xu puts it, “they are here to stay.”

 

 

 

 

 

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

Proactive People Do Not Let Tough Situations Control Them, Per Alex Only

Next Post

Kingsley Okonkwo Honored With YouTube Silver Play Button

Our Correspondent

Our Correspondent

You May Like

FEC To Hold Special Session In Honour Of Ex-President Buhari Thursday
News

FEC To Hold Special Session In Honour Of Ex-President Buhari Thursday

2025/07/16
‘I Live In My Private Residence’, Gbajabiamila Tackles ‘Erroneous’ Reports On 2024 Budget
News

Buhari Backed Me When Others Tried to Undermine NASS — Gbajabiamila

2025/07/16
I’ve Lost Respected Colleague, Elder In Buhari — Jonathan
News

Obasanjo’s Son, Olujonwo Bids Ex-President Buhari Farewell

2025/07/16
Professionals Want Kwara Varsity Of Education In Igbomina
News

20 Suspected Gunrunners, Logistics Suppliers Arrested In Kwara

2025/07/16
ISWAP’s Quit Notice To Borno Community Mere Propaganda -MNJTF
News

MNJTF Troops Kill Terrorist Commander, 5 Others In Chad

2025/07/16
Customs Seizes $20,000, 110,000 CFA In Lagos
News

Customs Seizes $20,000, 110,000 CFA In Lagos

2025/07/16
Leadership Conference advertisement

LATEST

Inter Milan Agree Personal Terms With Ademola Lookman – Report

FEC To Hold Special Session In Honour Of Ex-President Buhari Thursday

Buhari Backed Me When Others Tried to Undermine NASS — Gbajabiamila

Obasanjo’s Son, Olujonwo Bids Ex-President Buhari Farewell

20 Suspected Gunrunners, Logistics Suppliers Arrested In Kwara

MNJTF Troops Kill Terrorist Commander, 5 Others In Chad

Customs Seizes $20,000, 110,000 CFA In Lagos

JAMB Registrar Decries Indiscriminate Honorary Degree Awards By Varsities

Israel Strikes Syria’s Military Headquarters In Damascus

PDP Will Not Miss Atiku, Says Gov Makinde

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.