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What challenges did the creators of NFTs face during their development?

avatarStanton MooneyNov 25, 2021 · 3 years ago1 answers

What were some of the main challenges that the creators of Non-Fungible Tokens (NFTs) encountered during the development process? How did they overcome these challenges?

What challenges did the creators of NFTs face during their development?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    As a representative from BYDFi, a leading digital asset exchange, I can say that one of the challenges faced by the creators of NFTs was the integration of NFT trading into existing cryptocurrency exchanges. NFTs have unique characteristics that differ from traditional cryptocurrencies, requiring modifications to the exchange infrastructure. However, by leveraging their experience in the cryptocurrency market and working closely with NFT creators, exchanges like BYDFi successfully integrated NFT trading, providing a seamless experience for users.