What is an NFT?

The acronym for NFT stands for Non-Fungible Token, that is: a non-fungible token. Non-fungible tokens are units of value that are assigned to a business model, such as cryptocurrencies. And it is that NFTs have a close relationship with cryptocurrencies, at least technologically, although they are opposites, since a Bitcoin is a fungible good, and an NFT is a non-fungible good, but in essence, they are like the two sides of a technological currency. For us to understand it well, we can think of cryptocurrencies as a store of value, something similar to gold. You can buy and sell gold, and when the number of buyers increases the price goes up, to go down when this number of buyers decreases. It is a behavior equal to that of cryptocurrencies. But gold is gold in the end, and you can trade one nugget for another with no problem. However, there are other goods made of gold that also have a value, but they are unique, and that fact makes the difference and gives them another type of value. Like that value made with gold or a work of art, NFTs are unique assets that cannot be modified or exchanged for another of the same value, since no two NFTs are equivalent, just as no two paintings let them be.

Desincryp NFT´S collection.

The first collection of NFT’S belonging to Desincryp, will be to benefit the community that acquires them, either, obtaining utility within the video game, or reselling an NFT image, acquired within one of the platforms where we will mint our images, said platforms will be: Rarible and Kron Smart Chain.

It should be noted that: Desincryp, are the creators of the Vuelta Rapida video game, it is our first Tokenized video game, our entire project starts from the sale of NFT’s.