Nonfungible tokens, or NFTs, are an evolution in the cryptocurrency space and a step forward in the reinvention of modern finance and other industries. Money is fungible because there is no distinction between one dollar and another. Stocks of the same sort in the same company and commodities of the same quality are often interchangeable. However, NFTs, being nonfungible, represent unique physical and digital assets like a piece of art, a song, or an in-game collectible that other investments...

Nonfungible tokens, or NFTs, are an evolution in the cryptocurrency space and a step forward in the reinvention of modern finance and other industries. Money is fungible because there is no distinction between one dollar and another. Stocks of the same sort in the same company and commodities of the same quality are often interchangeable. However, NFTs, being nonfungible, represent unique physical and digital assets like a piece of art, a song, or an in-game collectible that other investments...