The PAID Ecosystem & the World of NFTs

From 8-bit Cryptopunks to cartoon Apes, NFT-mania has taken every blockchain ecosystem by storm. On the surface, NFTs look like plain jpg images, but why are people paying up to $69 million dollars for them? And are they just a phase or does the technology actually have value? In this article, we discuss all the above and more, so stick around!

What are NFTs?

Currently, most NFTs are images, but anything that exists on the blockchain can be turned into an NFT — we’ll get into that in a bit.

How Did NFTs Come About?

It’s not far off to say that Cryptokitties single-handedly pioneered the #Play2Earn model, a concept we’ll discuss in the upcoming sections.

Why NFTs?

Alternative NFT Use-Cases

NFTs in Music

Artists can even customize the NFT smart contract to ensure that both themselves, and the fans who bought the music, get paid royalties perpetually. Imagine getting paid to own your favorite artist’s biggest song!

NFTs in Real Estate

NFTs in Social Media

NFTs in Gaming

No more pay to win, it’s time to play to earn.

The Future of NFTs & the PAID Ecosystem

NFTs are just getting started, strap along with PAID to realize how it could become the core of the metaverse!

About PAID

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.

For any questions for the PAID network, please feel free to reach out to us on: