Live NFT Price (LIVENFT)
$0.000424
0.24%
Live NFT Price Chart (LIVENFT/USD)
Last updated 15 Jun 2022, 20:38PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | CoinTiger | LIVENFT / USDT | $0.00041554 | 16.50% | $20,882 | |
2 | XT.COM | LIVENFT / USDT | $0.00050030 | 48.48% | $41 |
LIVENFT Price Statistics
- Live NFT Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $23,008
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
-
All-Time High
$0 -96.06%
Feb 08, 2022 -
All-Time Low
$0 3.40%
Jun 15, 2022
What is Live NFT Cryptocurrency?
Live NFT cryptocurrency, standing for Live Non-Fungible Token, is a unique form of digital currency that has gained significant popularity in recent years. It is closely tied to the world of collectibles and blockchain technology.
The Concept of Non-Fungible Tokens (NFTs)
Before diving into the details of Live NFT cryptocurrency, it is important to understand the concept of Non-Fungible Tokens (NFTs). Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are considered fungible, NFTs are unique and cannot be interchanged with one another on a one-to-one basis.
Each NFT has its distinct value and individual identity, making it a valuable asset in the digital world. These tokens are tokenized representations of tangible and intangible items, such as artwork, music, videos, virtual real estate, or even collectible trading cards.
The Significance of Live NFT Cryptocurrency
Live NFT cryptocurrency takes the concept of NFTs one step further by adding a live or interactive element to the tokens. This means that the value and attributes of the NFT can change in real-time, providing a dynamic and engaging experience for the owners.
For example, an NFT artwork can incorporate live updating elements, enabling the artwork to change over time or respond to external conditions. This unique feature adds additional value and appeal to the NFTs, attracting collectors and investors.
The Role of Blockchain Technology
Blockchain technology plays a crucial role in the creation and distribution of Live NFT cryptocurrency. Blockchain provides a decentralized and secure network that verifies the authenticity and ownership of these digital assets.
Through smart contracts and the utilization of blockchain technology, artists and creators can securely sell and manage their live NFTs directly to buyers, without the need for intermediaries. The transparency and immutability of the blockchain ensure fair transactions and protect the rights of both artists and collectors.
The Future of Live NFT Cryptocurrency
As the world becomes more digitized, the demand and acceptance of Live NFT cryptocurrency continue to grow. The ability to own unique digital assets that can evolve and change in real-time provides a novel and exciting experience for collectors and enthusiasts.
While the market for NFTs is still relatively new, it has already seen tremendous growth and innovation. Artists, musicians, and even businesses are exploring the possibilities of live NFTs to engage with their audiences and monetize their creations.
While the future trajectory of Live NFT cryptocurrency is uncertain, its potential to revolutionize digital ownership and the collectibles market remains promising. By combining digital art, blockchain, and interactive elements, Live NFT cryptocurrency opens up new possibilities for creators and collectors alike.
In conclusion, Live NFT cryptocurrency offers a unique and dynamic approach to digital ownership and collectibles. With the power of blockchain technology, these live NFTs have the potential to transform the way we perceive and engage with digital assets.