The online world is abuzz with talk about NFTs. But as with any new thing, especially one that involves the transfer of money and ownership, digital or physical, non-fungible tokens operate in a realm that can seem nebulous and confusing to outsiders.
NFT Explained in 5 Minutes | What is NFT? – Non Fungible Token | NFT Crypto Explained | Simplilearn
When there’s an explosion of cryptocurrency news, most people wait for the hype to die down to see if there’s any real substance to propel it forward. But the nature of the NFT phenomenon deserves some understanding, because there’s a good chance you can benefit from it, or at the very least understand the impact it can have on our lives.
Below we explain how an NFT works and what the craze entails.
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