ESTÉE Lauder is the exclusive brand partner of Decentraland’s Metaverse Fashion Week and plans to unveil its first non-fungible token (NFT) during the event. The NFT is inspired by its product, Advanced Night Repair. The brand has plans to give away up to 10,000 NFTs from March 24-27. Users’ avatars in the metaverse will be able to go inside the product’s brown...

Non-fungible tokens are non-fractional and unique tokens representing the ownership of a physical or digital asset. These tokens have a wide range of applications in the sectors like art, gaming, real estate, music, entertainment, etc. At present, NFT is a billion-dollar industry that creates a way for numerous businesses. For example, The popular digital artist Beeple sold the...

Introduction NFT or Non-Fungible Tokens are computerized resources that are exchanged between a purchaser and a dealer in cryptographic forms of money. NFT improvement for the most part appears as work of art, renowned video cuts, images, gifs, and even tweets. The significant part of NFT improvement is that a NFT will be viewed as worth paying a specific sum for assuming the NFT is uncommon...