A Beginner’s Guide to NFT Staking

The market generally associates NFTs with digital reproductions of art that might potentially grow in value over time. In general, this is true for most NFT projects. However, new use cases for NFTs are emerging as the market grows. The notion of staking tokens is well-known among cryptocurrency fans. Still, the idea of using this mechanism in the NFT realm is less common. Our guide will explain how developers thought of merging the features of NFTs with those of the…