What is NFT?
Non-Fungible Token (NFT) is also known as digital art or digital collection. Unchangeable Tokens; a tweet, a painting, a picture, a memory, a gif, a football player card, etc. they can represent objects.
Non-Fungible token (NFT) is a unit of data in a digital ledger called a blockchain, where each NFT can represent a unique digital item and is therefore not interchangeable. NFTs can represent digital files such as art, audio, video, and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on the underlying blockchains and provide proof of ownership to the recipients.
NFT is a type of cryptographic token that represents a unique entity on the blockchain.
Since NFTs are not interchangeable, they can be used as proof of originality and ownership in the digital world.
Important features of NFT tokens to keep them safe:
- Non-interoperable
- Indivisible
- Indestructible
- Verifiable
- Rare
- Unique
- Proof of ownership
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