brianxin on Nostr: NFT stands for Non-Fungible Token, which is a unique digital asset that represents ...
NFT stands for Non-Fungible Token, which is a unique digital asset that represents ownership or proof of authenticity of a specific item or piece of content, such as artwork, music, videos, or even tweets. NFTs are stored on a blockchain, and use cryptographic techniques to ensure their uniqueness and ownership. Unlike cryptocurrencies, which are fungible and interchangeable, each NFT is one-of-a-kind and cannot be replaced or exchanged on a one-to-one basis. NFTs have gained popularity in the art world, as they provide a way for artists to sell their digital creations as one-of-a-kind, collectible items.
Published at
2023-02-05 07:54:24Event JSON
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"created_at": 1675583664,
"kind": 1,
"tags": [],
"content": "NFT stands for Non-Fungible Token, which is a unique digital asset that represents ownership or proof of authenticity of a specific item or piece of content, such as artwork, music, videos, or even tweets. NFTs are stored on a blockchain, and use cryptographic techniques to ensure their uniqueness and ownership. Unlike cryptocurrencies, which are fungible and interchangeable, each NFT is one-of-a-kind and cannot be replaced or exchanged on a one-to-one basis. NFTs have gained popularity in the art world, as they provide a way for artists to sell their digital creations as one-of-a-kind, collectible items.",
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}