However, NFTs aren’t inherently bad. The term non-fungible refers to something that is completely unique and which cannot be replaced by something else. In this sense, the tokens can have greater value than some fungible options, because they cannot be reproduced or duplicated. In addition, all NFTs, located on the blockchain, have their ownership permanently recorded in an unalterable ledger.<\/strong><\/p>\nSome NFTs have commanded huge prices at auction. The Merge, an art project by the anonymous artist Pak, sold for $91 million. One Bored Ape Yacht Club NFT, #8817, sold in auction house Sotheby’s Metaverse for $3.4 million.<\/p>\n
APE looks to use the Metaverse and its NFTs to offer digital items and properties that users can buy, sell, and trade. Mini Macau will be a “digital world replica of a physical world, with digital identities as an interface for users to enter the digital world.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Asia Pioneer Entertainment hopes to bring the Metaverse to Macau. The gaming equipment supplier is rolling out Asia Tigers Club, a new non-fungible token (NFT) project on the ethereum blockchain. The Metaverse is real, as real as a virtual world can be. The fusion of real life and 3D virtuality continues to gain popularity, especially […]<\/p>\n","protected":false},"author":64,"featured_media":212144,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,16693],"tags":[],"acf":[],"yoast_head":"\n
Macau Enters the Metaverse with Asia Pioneer Entertainment's New NFT Project - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n