As opposed to a fungible currency meaning that they are interchangeable and the same as each other which is what most currencies are a non-fungible is unique.
What's nft crypto. Lets start with the most basic question of this crypto. What is an NFT. Because they live on a blockchain NFTs are easy to track.
What is NFT. A NFT non-fungible token is a special cryptographically-generated token that uses blockchain technology to link with a unique digital asset that cannot be replicated. What is an NFT and how does it work.
What is an NFT. NFT stands for non-fungible token. This tracking allows for verification of their authenticity as well as their past history and owners.
Crypto punks NBA Top Shot and more are available for thousands of dollars in ETHjust if you are interested in these memetic beautifully casted pieces of digital art with Ethereum provenance. Because it is securely stored in the blockchain an NFT is unique and non-interchangeable. Or they can be part of a limited series for example a range of collectibles.
Cryptocurrency is the newest internet craze when it comes to trading and online payment for online goods and services. Even Tweets are being sold as NFTs. This is a simple explanation of what NFTs or Non-Fungible Tokens are in cryptocurrency and blockchain technology for beginners Link to Buy an Unstoppabl.
NFTs are publicly verifiable on a blockchain. They can be a single unique token like a graphic or a single image. In other words an NFT is a token that is unique and cannot be replaced.