Image source: Getty Images. NBA Top Shot is an NFT marketplace where fans can trade, sell, and buy NFTs of NBA moments. These NFTs are highlight clips that work like trading cards. Fans can ...

The report also talked about OpenSea, an NFT marketplace, which coordinated with Adobe service to modernise the conventional IT solutions by integrating blockchain technology in the business sector.

Once an NFT is created on an NFT marketplace, an artist is prompted to mint the art, which creates a record of the asset on the blockchain itself. “Lazy minting” refers to creating the NFT ...