They make the investments needed to grow the blockchain feel visible and tangible.

What's nfts mean. And if you are like me until about three days ago you will have no idea what NFT means. Together these two forces can -- if properly implemented -- directly support the realization of a privacy-focused Internet and decentralized digital economy. Fungible means interchangeable so it can be replaced by something of equal value.

And they were discussing non-fungible tokens or NFTs which utilize blockchain technology to distinctively identify digital things so that you can. For example a bitcoin is fungible trade one for another bitcoin and youll have. NFTs are something you can buy with crypto.

OK so we might have spoiled it in the title - NFT stands for non-fungible token but knowing what it stands for isnt the same as knowing what it is. They can also enable secure identity in the online world. But that takes us no closer to what it actually means.

NFT stands for non-fungible token. But there are plenty of sceptics who think it is all a bubble that is. And I mean I think as a data point all-time secondary sales so person-to-person trading of NBA Top Shot cards is 380 million which is pretty significant.

The initialism stands for non-fungible token. Money for example is fungibleyou can exchange a. NFTs are 2021s hottest trend in tech.

A fungible item is a commodity that is identical to others and is therefore interchangeable. So join us as we help demystify the world of NFTs. Recently I listened to a broadcast on Clubhouse about the future of art with rap artist and investor MC.