What Does NFT Stand for?

NFT stands for ‘Non-Fungible Token’

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Non-fungible means that something is unique and can’t be replaced.

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Each NFT has a unique digital signature, making each one special.

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NFTs are digital assets and could be photos, videos, audio files, or another digital format.

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NFT examples include artwork, comic books, sports collectibles, trading cards, games, and more.

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NTFs are like digital collectibles on a secure online ledger(blockchain). 

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NFTs hold a value that is set by the market

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No one can mess with who owns it or make a new NFT out of nowhere.

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