Secure NFT Technology
Each Non-Fungible Token (NFT) is a unit of data stored on a blockchain, that certifies a digital asset to be unique, and therefore not interchangeable. It means that NFTs cannot be duplicated or replaced - only one of each token can exist.
NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. NFTs are frequently used to sell a wide range of virtual collectibles, including NBA virtual trading cards, music, digital images, video clips, and even virtual real estate in a virtual world. In the case of RaceMe, NFT technology allows us to create and store unique DRMs, DRM components and even the paintwork on the car as NFT tokens. Each DRM is different and has its own unique characteristics. These NFTs will be able to be sold, gifted, or exchanged to other RaceMe or crypto users directly through our platform or third-party NFT marketplaces.
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