Digital artifacts are unique, verifiable digital items represented on a blockchain, often as non-fungible tokens. These assets can include digital art, collectibles, virtual land, or in-game items. They derive their value from their scarcity, authenticity, and ownership verifiable on a distributed ledger. Digital artifacts establish verifiable property rights in virtual environments.
Context
The state of digital artifacts involves ongoing discussions about intellectual property rights, valuation methodologies, and their utility beyond speculative collecting. A critical future development includes their increasing integration into broader metaverse economies and mainstream media. This provides essential context for understanding news about NFT market trends, creator royalties, and the evolving legal landscape surrounding digital ownership.
The new Web3 module tokenizes customer loyalty assets, creating a first-party data channel and tradable digital utility to enhance long-term customer lifetime value.
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