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Non-Fungible Tokens (NFTs)

Understanding Non-Fungible Tokens (NFTs).

What Are Non-Fungible Tokens (NFTs) ?

A non-fungible (meaning unique, non-replaceable) token (NFT) is a unique digital code that represents some kind of digital item. It could be digital art or music, for example. An NFT is secured and stored on a public blockchain. One token is not interchangeable for another, and a token cannot be further divided.

There are many different types of non-fungible tokens, and they can be created on well-known blockchains like Bitcoin and Ethereum.

~ NFTs For Dummies Cheat Sheet

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