29 January 2021 13:00, UTC

Anna Martynova

Syscoin, a full-featured blockchain platform, announced that Syscoin 4.2 will support the creation of non-fungible tokens (NFT). This represents a new level of usability for the Syscoin blockchain.

Syscoin NFTs will offer scalability, compliance, low fees, decentralization, security, and compatibility with Ethereum following the expansion of Syscoin Bridge to include NFT.

NFTs are designed to represent a unique asset. Unlike fungible coins such as SYS or BTC, NFT tokens are individually identifiable and non-fungible. Such tokens are widely used in gaming, art, to confirm ownership of property or assets. NFT tokens can also be used to create completely new types of collectibles.

Image: Coin Bureau

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