What is an NFT?
An NFT, or Non-Fungible Token, is a unique digital asset that represents ownership of a specific digital item, such as artwork, music, videos, or virtual collectibles.
Unlike cryptocurrencies like Bitcoin, each NFT is one-of-a-kind and cannot be exchanged on a one-to-one basis.
How do NFTs work?
NFTs use blockchain technology to verify and record ownership and provenance of digital assets.
Each NFT has a unique identifier, and its ownership is recorded on a blockchain, making it tamper-proof and easily transferable.
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