They run on the blockchain, so they are transparent, immutable, and don’t require a third party to enforce the terms. Users pay a network fee, known as gas, in Ether to execute these smart contracts and other transactions. These four pillars of dapp technology are designed to enable smart contracts. Invest in Ethereum Unlike fungible tokens, each NFT is distinct and cannot be exchanged on a one-to-one basis with another NFT. Decentralized blockchains bring together participants who don’t know or…