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There’s nothing like an explosion of #blockchain news to leave you thinking, “Um… what’s going on here?”
Stories of people getting paid millions of dollars for #NyanCat pictures, how the founder of #Twitter put an autographed tweet for sale... moreThere’s nothing like an explosion of #blockchain news to leave you thinking, “Um… what’s going on here?”
Stories of people getting paid millions of dollars for #NyanCat pictures, how the founder of #Twitter put an autographed tweet for sale as an #NFT, and so on keep popping up every other day. But what in the world is an NFT, anyway!?
NFT stands for Non-fungible tokens. It means that whatever asset the NFT represents, #digital or otherwise, is unique or irreplaceable. That's the simple explanation.
To get into technical specifics, NFTs are #tokens that are stored in a blockchain in a similar way as #cryptocurrency. The difference is, that every unit of certain #crypto holds equal value but no two #NFTs are the same, so they almost never have the same value.
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Whatsapp : https://buff.ly/3JIUsDZ | Mail-id : mailto:business@clarisco.com | Telegram : https://buff.ly/3ruDN0J />
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