<aside> đź’ˇ A Non-Fungible Token, also known as an NFT, is a type of digital token or asset. When you buy an NFT, you are buying the rights to that specific asset.
</aside>
“Non-Fungible” means that it is unique and can’t be replaced with something else. For example, the dollar is fungible - trade one dollar for another dollar, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card you’d have something completely different.
NFTs are best understood as unique digital assets, and they exist in a variety of industries from digital art and virtual real estate to collectibles gaming and more. Basically, any type of media can be minted or tokenized and turned into an NFT art: trading cards, memes, GIFs, video clips, audio clips, tweets, etc.
What is a NFT? (Non Fungible Tokens Explained) - WhiteboardCrypto
What is an NFT? (Crypto Beginners)
What is a NFT (Non-Fungible Token)?
The History of NFTs & How They Got Started
Click the page below to learn more about how to buy an NFT:
<aside> đź’ˇ When investing in an NFT project/collection it is really important to do your research. Here are a couple of things to look out for:
</aside>