In this beginner’s guide to NFTs, we will discuss what NFTs are, how they are created, how they are being used now, and how they can be used in the future.
What is a non-fungible token? A non fungible token (NFT) is a digital representation of an item that another copy cannot replace. These items could represent anything from virtual collectibles such as digital art to real-world assets such as cars and houses to equity in a company. NFTs are built on the Blockchain, so they can never be replicated.