What is a non-fungible token (NFT), and how does it work? In this video, we explore the fundamentals of NFTs and some of their use cases. We’ll start with an explanation of fungibility and how it applies to assets, contrasting fungible and non-fungible assets. We’ll delve into how NFTs stand apart as unique digital tokens. While digital art represents one usage of NFTs, they also find applications in areas such as gaming, music, sports, and more. Whether you’re an artist, a collector, or simply intrigued by the future of digital ownership, this video offers valuable insights. You’ll gain a solid understanding of NFTs, how they work, and their potential applications in various industries.
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