The NFTs are digital assets that are unique creating digital scarcity.

What is a non-fungible token. Non-Fungible Tokens also known as an NFTs are digital assets that cannot be replicated or copied and are stored in a public and secured ledger called a blockchain. They can be used to represent both tangible and intangible items. A non-fungible token is a digital asset that does not have fungibility meaning it is not interchangeable with any other.

This is an insignificant part of the actual NFT coins market yet profoundly. What is A Non-Fungible Token. They are used for the trading and exchange of digital assets.

Because NFTs are unique they serve as a great foundation for digital collectibles. NFTs contain unique identification codes and metadata which distinguish them from each other. Because they cannot be replicated they represent something unique and special.

For instance a simple dollar bill is a perfect example a 10 dollar bill in my pocket worth exactly the same as the 10 dollar bill in your pocket unless it is of course a fake. A Non- fungible token is a type of cryptocurrency token that represents a unique asset. NFTs are cryptographic assets on a digital ledger called the blockchain.

Non-fungible tokens or NFTs are digital assets that are indivisible and provably unique. They contain identifying information recorded in smart contracts. Non-fungible tokens are tokens that are non-fungible meaning that they are unique and cannot be replaced.

Non-Fungible defines something unique which cannot be substituted or replaced by another. What is a Non-fungible Token NFT. Some noted celebrities like Lindsay Lohan have skyrocketed its popularity in this.