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What Is an NFT?

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency and they are generally encoded with the same underlying software as many cryptos.

Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017.

NFTs are also generally one of a kind, or at least one of a very limited run, and have unique identifying codes. “Essentially, NFTs create digital scarcity,” says Arry Yu, chair of the Washington Technology Industry Association Cascadia Blockchain Council and managing director of Yellow Umbrella Ventures.

This stands in stark contrast to most digital creations, which are almost always infinite in supply. Hypothetically, cutting off the supply should raise the value of a given asset, assuming it’s in demand.

But many NFTs, at least in these early days, have been digital creations that already exist in some form elsewhere, like iconic video clips from NBA games or securitized versions of digital art that’s already floating around on Instagram.

For instance, famous digital artist Mike Winklemann, better known as “Beeple” crafted a composite of 5,000 daily drawings to create perhaps the most famous NFT of the moment, “EVERYDAYS: The First 5000 Days,” which sold at Christie’s for a record-breaking $69.3 million.

Anyone can view the individual images—or even the entire collage of images online for free. So why are people willing to spend millions on something they could easily screenshot or download?

Because an NFT allows the buyer to own the original item. Not only that, it contains built-in authentication, which serves as proof of ownership. Collectors value those “digital bragging rights” almost more than the item itself.

What Is an NFT?

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency and they are generally encoded with the same underlying software as many cryptos.

Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017.

NFTs are also generally one of a kind, or at least one of a very limited run, and have unique identifying codes. “Essentially, NFTs create digital scarcity,” says Arry Yu, chair of the Washington Technology Industry Association Cascadia Blockchain Council and managing director of Yellow Umbrella Ventures.

This stands in stark contrast to most digital creations, which are almost always infinite in supply. Hypothetically, cutting off the supply should raise the value of a given asset, assuming it’s in demand.

But many NFTs, at least in these early days, have been digital creations that already exist in some form elsewhere, like iconic video clips from NBA games or securitized versions of digital art that’s already floating around on Instagram.

For instance, famous digital artist Mike Winklemann, better known as “Beeple” crafted a composite of 5,000 daily drawings to create perhaps the most famous NFT of the moment, “EVERYDAYS: The First 5000 Days,” which sold at Christie’s for a record-breaking $69.3 million.

Anyone can view the individual images—or even the entire collage of images online for free. So why are people willing to spend millions on something they could easily screenshot or download?

Because an NFT allows the buyer to own the original item. Not only that, it contains built-in authentication, which serves as proof of ownership. Collectors value those “digital bragging rights” almost more than the item itself.

The auto parts industry now comes up with the new invention, and that is auto stores online. These stores will surely be something that you need in this lockdown when markets are closed. If you want to modify your car and want a luxurious car kit, 5d floor mats, or other car accessories, you can order them online. Autostore.pk is one of the leading auto stores online that can give you convenience. 

They are offering the auto parts at a very reasonable amount, and they will never burden your pocket. You can order the item from them, and they have an efficient staff who can effectively listen to your queries. They pack the item so that it cannot damage while delivering at your home, and that is the specialized care for their customers so far. 

They always announce special discount offers, which can make their audience more satisfied. The item they send will deliver at your home in 3-5 working days. They are taking cash on delivery or payment through credit or debit cards. You don't need to worry about payment security as they are the best to save your money online. 

You can now upgrade your car's looks through modern car kits that are available at the online store. Your family will be going to love the car after the upgrade. Online stores also give you a lot of car accessories, which will make your car a more comfortable place to sit and enjoy the journey.

General Order Suppliers

We, at Decima, are a successfully growing team in terms of engineering specialists with skills and experience, in the role of a business partner with customers with a win-to-win strategy through strong integration skills by addressing applications and problems. To achieve customers' confidence by bridging the gap through committed after-sale services, Our Qualified and skilled personnel have the expertise to cater to the most challenging of needs and our after-sales service is renowned for its reliability and promptness.

Shaharyar Traders is spot for High performane Tyres, Wheels and Alloy Rims. Our Quality Tyres & Alloys in Pakistan provides comfortable and reliable driving experience.
With trusted name in Auto Mobile Industry of Pakistan now we have vast range for Car Accessories Online in Pakistan including Car Modifications, Facelift, Car Seat Covers, Security Alarm System & Reliable Car Care Products in Pakistan.

In industry there should be proper protective clothing. We have variety of protective clothing including fire resistant clothing and chemical resistant clothing.

CREATEK - Expert of Heavy Truck Spare Parts

Jinan Createk Technology Co., Ltd

Jinan, China

We supply full series of heavy truck spare parts for

• SINOTRUK HOWO
• SHACMAN
• DONGFENG
• FAW
• MERCEDES-BENZ
• RENAULT
• MAN

Any interest please feel free to contact me.

Best regards,

Doorstep car repairing service,

Best Mechanic Shop

Auto mechanic shop

Care repair service

auto mechanic

Autojin is Asia’s fastest growing online marketplace specially designed for car accessories on your demand, offering an unparalleled advance shopping experience across Pakistan. We provide you all imported brands from China, Taiwan, Thailand, Japan, and others. Autojin hosts a wide assortment of car Accessories, Body Kits, Spare Parts and car-beautification products, alongside a rapidly growing miscellany of general items. Autojin is the leading & largest online retail in Pakistan, offering eCommerce services at your doorsteps. More,over, you can visit our outlets to modify your cars.

The purpose of making CarSpot Automotive Car Dealer Wordpress Theme is to facilitate your business in terms of selling and buying online by posting ads. You can choose from Carspot, Boatspot, classispot, bikespot, repairspot, shopspot according to your business requirement. Choose theme from Themeforest and start selling your classifieds/Automotives Online. 

WE DEAL ALL KINDS OF EUROPEAN TRUCKS LIKE VOLVO,MERCEDES,MAN,RENKULT,KAMAZ AND HOWO 

DEAL IN MAHLE GERMANY 

MANN FILTERA 

BOSCH 

ETPS 

DPH 

WBNORTECH 

SKE 

KS 

GOETZE  

We at General Auto Store, offer every item which is of high quality, tested and trusted, durable and long lasting. In car accessories Pakistan, you name it and we have it as we stock everything you ask for. We deal in all kinds of car accessories and car care systems, seat covers, car alarm systems. Hood, car floor mats, steering cover, car spare parts, all kinds of car interior and exterior, car polish and seat polish, car alloy wheel rims and caps, car multimedia systems. There are weekly sales with special offers like Hot Deals, Hours Deal, where customers can get special discounts up to 50 percent.

Our mission is our customers’ satisfaction, and we ensure that when they visit or click for their requirements, they get the most genuine car accessories with dependable prices. We are importing the car accessories from reliable sources across the globe just to gain the entire satisfaction of our valued customers.