1. Block chain & Bitcoin 2. What is Non-Fungible Token Assets? 3. Ethereum Use-Case 4. How NFT Work 5. What is Big Deal? 6. Wave of tokenization and market efficiency. 7. Non-Fungible Token Landscape 8. Investing is enabling Data Infrastructure, Data & Wallets

1. Non – Fungible Token (NFT)
Name – Anurag Gupta
MCA 3rd Semester

2. Index
1. Block chain & Bitcoin
2. What is Non-Fungible Token Assets?
3. Ethereum Use-Case
4. How NFT Work
5. What is Big Deal?
6. Wave of tokenization and market efficiency.
7. Non-Fungible Token Landscape
8. Investing is enabling Data Infrastructure, Data & Wallets

3. Block chain & Bitcoin
Block chain is the technology that underpins Bitcoin and it was developed
specifically for Bitcoin. Bitcoin is a decentralized digital currency, or peer-to-peer
electronic payment system, where users can anonymously transfer bitcoins
without the interference of a third-party authority (like a bank or government).

4. What is Non-Fungible Token Assets?
 Fungible Assets – Assets that are capable of mutual substitution,
Interchangeable. E.g. Oil, Currency
 Non-Fungible Assets – Assets that are incapable of mutual substitution,
Non Interchangeable. E.g. Arts and Diplomas

5. Ethereum Use-Case
 To date, block chains have given us the new ability to create scare digital
assets where ownership is maintained by a decentralized network of miners,
but most of these assets are “fungible” in that they are able to be replaced
interchangeably by another of the same.
 For example, my bitcoin is the same as your bitcoin. The are mutually
interchangeable. These are particularly good as a medium of exchange or
store of value, such as money, but don't represent particularly well.
 Now, we are able to create UNIQUE DIGITAL ASSETS

6. How NFT Works?
 NFTs are cryptographic tokens built on the Ethereum blockchain. NFTs are "minted," then sold, just like
Bitcoin. The difference, though, is that Bitcoin is "fungible." If you swap Bitcoin with someone, you both
still have the same asset: some amount of Bitcoin. There's no functional difference between one Bitcoin or
another.
 However, NFTs are "non-fungible." Each token is unique, and that token proves that you, and only you, have
ownership rights over a digital asset—like Beeple's art.
 Once minted on the Ethereum blockchain, the NFT is represented on a public ledger that can't be changed. By
owning the token, you are proven the owner of the art piece. There is nothing stopping someone online from
viewing, copying, and sharing a digital art file, but thanks to NFTs, they cannot fake possession of the art.
NFTs make it possible to have exclusive ownership of digital art—something that was previously impossible. In
some cases, artists like Beeple may structure the NFTs tied to their work in unique ways.

7. This is the Big Deal:
For the first time in human
history, we have provably
Unique Digital Assets that
can be maintained without a
centralized intermediary or
authority other than the
block chain itself.

8. This will fuel an entirely
new wave of tokenization
and market efficiency.
Unique digital or digitized
assets will benefit the greatly
from massive gains in
market efficiency due to the
removal of “trust frictions”
that block chains enable.