For example a Bitcoin is fungible trade one for another bitcoin and youll have exactly the same thing.
What nft means. NFT stands for non-fungible token. Business International Business. What on earth is an NFT.
Medical Human Genome-- and more. Community Non-Profit Organizations. Consequently the owners and future buyers are assured about the provenance.
Non-fungible more or less means that its unique and cant be replaced with something else. An NFT can be a digital artwork a video clip a gif a tweet or even a digital trading card. This is what makes NFT.
NFT stands for what now. An NFT is created or minted from digital objects that represent both tangible and intangible items including. Chief among them.
It is like a unique piece of art created by an artist that will have no duplicate copy. Non-fungible tokens or NFTs are pieces of digital content linked to the blockchain the digital database underpinning cryptocurrencies such. This NFT was created by Tim Berners-Lee.
Tokeninzing these real-world tangible assets allows them to. NFT tokens are non-fungible. An NFT called Source Code for the WWW was sold on June 30 2021 for a winning bid of 5435500.