@scvlk
NFT (Non-Fungible Token) is a unique digital asset that represents ownership of something specific, like art, music, videos, or items in games. Unlike cryptocurrencies like Bitcoin or Ethereum, which are interchangeable (fungible), each NFT is one of a kind and cannot be exchanged on a one-to-one basis with another NFT.
NFTs are stored on a blockchain, which keeps a secure and transparent record of ownership. This technology helps artists, creators, and collectors prove who owns a digital item and where it came from.
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