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What’s an NFT?
Non-fungible tokens (NFTs) aren’t like cryptocurrencies despite the fact that they’re a digital asset. Their worth comes from how uncommon they’re, which is why some are going for tens of millions a bit. This is every part it is advisable to learn about this newest blockchain fad that some are calling the ‘way forward for artwork’.
What Does NFT Stand For?
NFT stands for non-fungible token – a digital token that is a sort of cryptocurrency, very similar to Bitcoin or Ethereum. However not like an ordinary coin within the Bitcoin blockchain, an NFT is exclusive and cannot be exchanged like-for-like (therefore, non-fungible).
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