NFT

What is an NFT?

NFT Definition: NFTs, or non-fungible tokens, are digital assets or cryptographic assets on the blockchain that are identified with unique codes so they can be distinguished individually. While cryptocurrencies are identical to eachother, and can be traded on exchanges, NFTs are unique and are purchased on specialized platforms.

NFTs cannot be replicated or reproduced, representing real-life art and assets, such as music, videos, real estate, and visual art. When these items are tokenized, they become easier to buy, sell, and trade as a part of a portfolio.

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