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NFT
What are they?
They can be used to represent real-world items like artwork and realestate but in a virtual capacity. "Tokenizing" these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud.
NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only.
This means that NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated.
They can be used to represent real-world items like artwork and realestate but in a virtual capacity. "Tokenizing" these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud.
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