What Are NFT's
WTF
What the Fungible?
NFT’s are not just art. The world of Non-Fungible Tokens (NFT’s) is a digital atmosphere where you can monetize intangible assets such as access, place in line, one in a lifetime experience, power, and yes, digital images, music and physical art.
Once the NFT’s are created these become marketable assets that you own and can either use or collect depending on its functionality, and potentially sell in the future for a profit. Your assets can be traded in hard currency as well as in various liquid cryptocurrencies.
NFT's exist on a blockchain
Non Fungible Token.
NFT stands for “Non-Fungible Token,” and it can technically contain anything digital, including drawings, animated GIFs, songs, or items in video games.
Non-fungible means it is individual. Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency .
NFTs exist on a blockchain, which is a distributed public ledger that records transactions. You’re probably most familiar with blockchain as the underlying process that makes cryptocurrencies possible.
