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Non-Fungible Tokens (NFTs): What Are NFTs, What Are NFTs Important, What Are The Risks: 6-Point Explainer
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NFTs are seen as a way to have possessions in online and virtual environments
Non-fungible tokens (NFTs), a type of digital asset, have exploded in popularity this year, with NFT artworks selling for millions of dollars.
The trend is perplexing those who might wonder why so much money is being spent on items that only exist in digital form and can be viewed by anyone for free. Supporters view NFTs as the next phase in art collection.
What is an NFT?
An NFT is a digital asset that exists on a
Read more on ndtv.comAbout this in other media
Non-fungible tokens take No 1 spot in influential art world power list theguardian.com /2 years ago
WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan blockchain.news /2 years ago
DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion cointelegraph.com /2 years ago
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