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The backing of an NFT by a real-world asset can increase its value as it provides holders with more confidence in the token’s worth. The value of the NFT becomes tied to the value of the underlying asset, which can potentially increase over time.

By being backed by a real-world asset, the value of the NFT can be easily verified and tracked through the blockchain. This transparency provides holders with greater trust in the NFT and its value.

Backing an NFT with a real-world asset can also make it more liquid. The underlying asset provides a market for the NFT, which can help increase its trading volume and overall liquidity.

An NFT backed by a real-world asset can provide buyers with a way to diversify their portfolio. By buying an NFT, holders can gain exposure to the underlying asset without actually owning it.

NFTs backed by real-world assets can also provide a new and innovative way for buyers to hold and trade assets. This process can be especially attractive to younger generations who are interested in the crypto space.

CUDOS Markets Hashrate Collectibles aren’t your standard NFT, they are backed by fully vetted clean energy mining farms. Farms that are experts in running large operations and already have a global customer base. There is no such thing as anonymity on the CUDOS Markets supply side, the mining farm brands and their locations are clear for everyone to see