But before we dive deeper into the rise and impact of NFTs let us first define them.

The non fungible token bible. Non-fungible tokens can be used to create verifiable digital scarcity. An exceptional exchanging card notwithstanding is non-fungible. The book will contain a maximum of 512 pages which will.

The term fungible means something that can be replaced by something similar. Or put another way non-fungible tokens are not mutually interchangeable by their individual specification in the way that crypto assets are. And if the NFT or Non-Fungible Token are the digital representation of the works of art then the Non-Fungible Bible NFB is that work that could collect them in the first NFT book created on the blockchain.

Physical cash and cryptocurrencies are fungible which means they can be traded or exchanged for one another. Generally metadata offers information that describes a particular thing. Everything you need to know about NFTs.

The book will contain a maximum of 512 pages which will contain 1024 unique user-generated art pieces each represented by a unique NFT. The Non-Fungible Bible NFB is the first and one-of-a-kind NFT book on the blockchain created by you. In fact the project emphasises that it is not possible to buy fractions of PAGE but a whole token precisely because it represents the page of the book.

The Non-Fungible Bible NFB is the first NFT book on the blockchain. Here is the new project launched at the beginning of this April 2021. By leveraging NFTs as a tool it is now possible to represent what we see in our physical world in its own digital form which until now was not deemed possible.

Although they were just recently created they have positively affected the rate at which these exchanges are made. Written by Devin Finzer January 10 2020. A non-fungible token NFT is a type of cryptographic token which represents something unique.