1H
0.71%$0.0001
24H
-5.39%$0.0008
7D
28.3%$0.0032
30D
4.08%$0.0006
In more traditional blockchains, the host provides the food/drinks (i.e resources) for this party. And when the guests arrive, the amount of resources can only accommodate so many people, the portions are small and then everything eventually runs out and the party ends. Think Constellation DAG like a potluck (a party where everyone brings food/drinks). With every added guest (node to the network), the more resources the party has to keep going. This is the nature of Constellation, a distributed system that scales horizontally.
In this guide, we will focus on utility NFTs, delving into what they are, how they work, what types of utility NFTs can be divided, and what are the examples of existing utility NFTs.
Cryptocurrency has come a long way since its inception, especially since the trailblazing bitcoin pushed its way into global discussions. It’s been more than a decade since then and Bitcoin has since become an ecosystem of its own to be reckoned with, winning lovers and haters alike.