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NFT (Non-Fungible Token)

Mr. Fomo
Last updated: February 6, 2025 01:36
Mr. Fomo
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NFTs, or Non-Fungible Tokens, are unique digital assets that certify ownership of a specific item or piece of content, such as digital art, music, or collectibles. Each NFT is distinct and cannot be exchanged on a one-to-one basis like cryptocurrencies.

The uniqueness and scarcity of NFTs are guaranteed by blockchain technology, which verifies their provenance and authenticity.

NFTs have opened new avenues for creators and collectors, revolutionizing the way digital art and other media are valued and traded.

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