How does blockchain technology revolutionize e-commerce?

Blockchain brings transparency, security, and verifiability to digital transactions, offering trust and proof of ownership for NFTs. Blockchain can also faciliate direct interaction between a buyer and seller, and lower barriers to entry for sellers thanks to cheaper logistics and improved customer data security.

What are the challenges for mainstream adoption of NFTs?

Complexities of cryptocurrencies, blockchain, and wallets create barriers, limiting engagement with NFTs. Many people who have not yet interacted with web3 (and also some who have) are also suspicious of the concept. This is one of the reasons some brands are moving to label this technology as digital collectibles, to remove the "stigma" around NFTs.

How can businesses and individuals get involved with NFTs?

By leveraging web3 integrations with web2 native platforms, businesses and individuals can easily participate in the NFT market, tapping into the potential of blockchain technology.

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Stefan Colins , Head of Marketing and Community at Venly

Stefan is the Head of Marketing + Community at Venly, a developer-friendly blockchain technology provider specializing in wallet, NFT, and marketplace solutions. As a strategic and technology professional, Stefan has a great passion for metaverses, (blockchain) gaming, NFTs & new technologies. Stefan is convinced that creating the right metaverse strategy will be one of the biggest challenges for many games, companies, and brands. He strongly believes in the powerful combination of blockchain, gaming technology, and cryptocurrency. Blockchain gaming in the metaverse will become huge in the upcoming years, and it's here to stay.

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