What is an NFT?

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I’m seeing this everywhere, but I’m not sure I understand the concept.

In: Technology

9 Answers

Anonymous 0 Comments

Non-Fungible token. Fungible tokens (like say bitcoins) are functionally indistinguishable from one another and thereby interchangeable: one Bitcoin is as good as any other and it’s not of any particular importance which one you have.

Non-fungible tokens (like say NBA Top Shots) are unique and non-interchangeable.

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