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Boston, MA, March 28, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) CryptoBuxx (www.CryptoBuxx.com), the blockchain industry’s first easy and affordable way to gift cryptocurrency using a physical gift certificate or card, is launching CryptoBuxx NFTsa collection of asset-backed Non-Fungible Tokens (NFTs), backed by specific amounts of cryptocurrency in the form of downloadable digital gift certificates. With the introduction of the CryptoBuxx NFT, the company is continuing on its mission to make entry into the crypto market accessible for everyone.
The NFT market has exploded in popularity. In 2020, the NFT market was valued at $100 million. At the end of 2021 this had increased by 220x to $22 billion. While the value of most NFTs are usually driven solely by supply and demand, CryptoBuxx NFTs are different. These asset-backed NFTs include a downloadable digital gift certificate that can be redeemed for the face value (the number …
Full story available on Benzinga.com
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