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Jan 3

Understanding NFTs: What they are and how they function

Non-fungible tokens (NFTs) are digital tokens that represent unique and non-interchangeable objects or actions. This means that each NFT is unique and cannot be replaced with another token of equivalent value. In other words, NFTs are non-fungible, unlike fungible tokens, which are interchangeable and have equivalent value. NFTs have been used to represent a variety of digital objects, such as images, videos, sounds, and games. For example, you can create an NFT that represents a unique image...
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