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An NFT, or Non-Fungible Token, is a unique digital asset that represents ownership of a specific item or piece of content. Unlike cryptocurrencies like Bitcoin, NFTs are not interchangeable because each has distinct properties. They are stored on a blockchain, ensuring their authenticity and rarity. NFTs can be used in various fields, including art, music, gaming, and collectibles, providing a new way to buy, sell, and trade digital goods.
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