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NFTs (Non-Fungible Tokens) are unique digital assets stored on the blockchain. Unlike cryptocurrencies such as BTC or ETH, each NFT is one-of-a-kind and cannot be exchanged on a one-to-one basis. They’re used to represent digital art, music, collectibles, in-game items, and more.
NFTs verify ownership and authenticity, making them popular among artists, creators, and collectors. While the hype has cooled, the technology still holds potential in areas like virtual identity, digital rights, gaming, and the metaverse.
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