To start, non-fungible tokens are blockchain-based digital assets that refer to a variety of rare and unique objects like virtual real estate, digital works of art, collector sports cards, and much more.
The Ethereum blockchain has a non-fungible token called an NFT. But what exactly does it indicate? “Non-fungible” essentially indicates that it is one-of-a-kind and cannot be copied.
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What’s up, it’s @hackedongrowth here, Anybody can make and sell his unique NFT — the non-fungible (one-of-a-kind) token that everyone is buzzing about.
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Similar ideas to So, what exactly is an NFT?
NFT stands for Non-fungible token.
Non-fungible token.
That doesn’t make it any clearer.
“Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same t...
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