Introduction: What are Non-Fungible Tokens? (NFT) Clarified. NFT means 'non-fungible token'. When something is fungible, like a dollar bill, it is equivalent to, as well as can hence be traded for, any other dollar bill. In contrast, a non-fungible token is a unique asset in electronic type that can
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Non-fungible tokens-- or NFTs-- are creating a standard shift as one of the most considerable modern advancements in tech and also money. However, having become a social phenomenon in 2021, it's come to be extremely easy to get lost in the hype bordering the NFT room.