What Are NFTs?

 What Are NFTs?

A NFT (non-fungible token) is data added to a file that creates a unique signature. It can be an image file, a song, a tweet, a text posted on a website, a physical item, and various other digital formats.

This basically means that someone can own a digital file (and that it’s marked with code to differentiate it from any digital replicas).

Collectible digital items

  • Value changes based on what other people are willing to pay
  • Security feature: unique data added to a digital work
  • You can buy, sell, trade, or give NFTs to anyone online, but a network of computers must verify the trade and the unique data
(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published.