ALL ABOUT NFT!

The term "non-fungible token" refers to a token that is not fungible or is unique and cannot be replaced. Non-fungible is an economic word that can be used to objects like furniture, music files, and computers. Because of their unique features, some goods cannot be substituted by other items.

NFTs are digital tokens that may be used to indicate ownership of one-of-a-kind goods. They enable us to tokenize items such as artwork, valuables, and even real estate. They can only have one official owner at a time, and they're protected by the Ethereum blockchain, which means no one can change the ownership record or create a new NFT.

As a representation of digital or non-digital assets, an NFT is created from digital items.

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