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" ... I spoke at length with Josh Katz. He is informed, inquisitive, inventive and in perpetual motion. YellowHeart set out to disrupt ticketing. I believe they will. Tokens will become the new tickets, and faster than any of us can imagine. They combine the security of the distributed ledger, the smart contract capacity to reward creators after every transaction with their fair share of the profit generated and the ease of knowing the ticket on offer is not counterfeited. ... "
" ... The game utilizes a type of “non-fungible tokens” (NFTs), referred to as “SmartMedia Objects,” to give “a robust experience including a game, social badges, rewards for virality, and ultimately to ensure that the $5 rebate coin the user receives upon winning the game cannot be counterfeited,” the press release explained. The operation works in conjunction with PayPal in order to redeem the token for usable value, the release noted. ... "
" ... The members of the fan club can decide whether to go to the concert, whether to buy some more tickets for friends, whether to give their ticket to charity or whatever. They can put their tickets onto eBay and the market will clear itself. The tickets cannot be counterfeited or copied for the same reason that a Bitcoin cannot be counterfeited or copied: each of these cryptographic assets belongs to only one cryptographic key (“wallet”) at one time, and whoever has control of that key has control of the ticket. ... "
" ... “counterfeited clicks to trick e-tailers into attributing sales to SteelHouse that should have been attributed to Criteo, other competitors and partners, or direct traffic. ... "
" ... • Erosion of brand identity and integrity. The rise in counterfeit products has been a massive blow to many large fashion and luxury brands. Counterfeits can be very close in appearance to the originals and can mislead consumers into believing they are purchasing original products for lower prices. In the process, both the brand and the consumer are duped, and consumer perception of the brand is affected. We found that Louis Vuitton (56%) and Gucci (52%) were the leading luxury brands that had been counterfeited. ... "