ByteFederal Australia

3 months ago

When asking, “What are NFTs?” it wouldn’t be enough to answer, “Oh, they’re non-fungible tokens.”

Even though that’s the most straightforward answer, it still doesn’t switch on a lightbulb for many people. Does anyone even know what the word ‘fungible’ means?

Fungible is another word for interchangeable. Fungible assets include stock shares, cryptocurrency, or cash.

On the other hand, a non-fungible asset is something that is one-of-a-kind. It can’t be exchanged while retaining its original value.

10 months ago

Google Play, known for its expansive range of apps and games, is poised to make a groundbreaking change. As announced by Joseph Mills, Group Product Manager, Google Play, the platform will soon update its policy to allow for new transaction avenues for blockchain-based digital content within its apps and games.

1 year ago

The world’s largest coffee chain is brewing another creation – an NFT-based rewards program based on the popular Polygon scaling solution. According to the coffee giant, the ‘Starbucks Odyssey’ program lets customers and employees across the United States earn limited-edition NFT stamps as rewards. The endeavor extends the company’s current Starbucks Rewards program. It allows people to also collect NFTs after completing challenges and playing games in the Starbucks app. Uniquely, stamps are also for sale. Interested parties can purchase these stamps with a credit card, meaning non-crypto holders can dive into the NFT world. The accompanying Starbucks Odyssey web app