So, what exactly is an NFT? - Deepstash
So, what exactly is an NFT?

So, what exactly is an NFT?

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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hackedongrowth

I am the 1% that is never satisfied. Follow me on Medium

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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What is an NFT?

What is an NFT?

NFT stands for Non-fungible token.

  • cannot be exchanged/replicated/replaced because they are unique.
  • allows you to buy & sell ownership of unique digital assets.

What the heck is an NFT?

What the heck is an NFT?

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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