NFT Revolution in the Art Market
NFT Revolution in the Art Market. NFTs are poised to change the future of digital art. NFT, like Cryptocurrencies, is digital product traded on the blockchain.
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Owning an NFT by getting an original code digitally
The word token, as it is known, refers to a currency on the blockchain. However, while these currencies (cryptocurrencies such as Ethereum or Bitcoin) can be exchanged, NFT cannot. A one-of-a-kind digital asset with “non-replaceable” or “non-redeemable” features that is owned exclusively by its owner. A unique identifier that can prove ownership of digital products.
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What is NFT and what is not?
NFT (Non Fungible Token) are cryptographic tokens stored in the block that can be used to represent any asset.
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