First Tweet that was ever tweeted on the Twitter platform that was tweeted by the CEO and founder Jack Dorsey in 2006 was sold as a NFT for 29 Million.

What is nft in banking. Specifically that means digital assets that can be traded using blockchain technology similar to the way Bitcoin and other cryptocurrencies function. They are also encoded with the same underlying software as many cryptocurrencies. What on earth is an NFT.

These are just a few examples in the case uses of NFT. Tried google without any luck. An NFT can represent anything from digital art music photos files keys code contracts collectibles or real estate.

Owners of this coin will be granted access to the instructions to mint their own non-fungible tokens. NFT NFT is a decentralized platform that enables liquidity for non-fungible tokens. Fungible Tokens are exchangeable with an equivalent type of tokens.

Through the use of optimized blockchain for real-estate transactions between involved parties will be faster immutable transparent and unique. It stands for non-fungible token. In comparison NFT is non-interchangeable non-divisible and unique.

Which leads to some obvious questions. NFT stands for non-fungible token. A unique identifiable digital asset thats bought and sold through transactions on the blockchain.

The term non-fungible is significant because it denotes assets that have no trading equivalent. NFT can be an artifact any digitally created art etc. Each NFT represents a unique digital artefact and represents ownership of the rights of a digital product.