What is an NFT?

November 22, 2021

There’s a huge hype surrounding so-called NFTs, but what exactly are they? That’s the question — addressed in an explainer article What is an NFT and Why Should Creators Care?

“The simplest way to think about the difference between fungible tokens, like Bitcoin or Ethereum, versus non-fungible tokens like NFTs is: Cryptocurrencies = currency (or money) and NFTs = goods.”

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