Right now its mostly used for art collectibles and games.

What does nft art stand for. NFTs stands for non-fungible tokens. I know fungible is a ridiculous-sounding word. Tokens that are unique in and of themselves.

Whats worth picking up at the NFT supermarket. NFTs are similar to a unique work of art that has no other duplicate copy. NFTs will change the content creator landscape get ready.

They are one-of-a-kind tokens that allow someone to truly own something digital. What is an NFT. The NFT concept has been around for several years now but it was in 2021 when NFTs became the craze and a mainstream phenomena.

What Is an NFT. Each NFT is exclusive to its owner. Photographs videos gifs audio and really any digital file can be represented as an NFT.

Basically it means interchangeable Like if we swapped quarters wed both still have 25 cents. Even Tweets are being sold as NFTs. In the world of physical assets it would be equivalent to the deed to a house.

The proprietor or author can also store specific information inside them. NFTs are unique data points on a blockchain that cant be tampered with or replicated. New York CNN Business Non-fungible tokens or NFTs are the latest cryptocurrency phenomenon to go mainstream.