What is NFT?

[Enxx]

I am not new to crypto world but I am ignorant of nft.
Is there anyone here that can explain why it is?

 

[Bisolami]

I am not new to crypto world but I am ignorant of nft.
Is there anyone here that can explain why it is?

It is a non fungible token. Honestly, that's all I know about it

 

[uptrendfinancialsignal]

The non-fungible token space is growing at an alarming rate and it is better to tap into the opportunity.

 

[Bisolami]

The non-fungible token space is growing at an alarming rate and it is better to tap into the opportunity.

It is growing but I think it is not really growing like it used to. There was a time that it was gaining a lot of attention

 

[Suba]

NFT is an art where an object is tokenized and stored on a blockchain such as Ethereum, Polygon, Solana, Cardano etc. Objects that can be made tokens such as photos, paintings, sculptures, memes. because it is an art object, it has no market value, which is why it is called a Non-Fungible Token. In contrast to crypto which has a market value like Btc, Ltc, Ethe etc. You can also read my tutorial, on Create and Sale NFT on OpenSea

 

[Reedex]

The non-fungible token is a project that was established to help content creators make money.

 

[gammarays]

There are called non fungible tokens. Just like digital versions of collectibles that share same characteristics like crypto. They can be exchanged, sent and have value. Most come in forms of digital jpegs.

 

[Reedex]

There are called non fungible tokens. Just like digital versions of collectibles that share same characteristics like crypto. They can be exchanged, sent and have value. Most come in forms of digital jpegs.

It is true that the non-fungible token is a digital version of the collectibles.

 

[flower]

The nft is totally different from the normal cryptocurrency but it is a non fungible token.

 

[Yohanna]

The non-fungible token has gained traction in the blockchain technology presently and it is accepted by so many people.

 

[Reedex]

The nft is a non fungible token and it is gradually growing in the blockchain industry.

 

[flower]

The nft is a non fungible token and it is gradually growing in the blockchain industry.

It is very correct that it has gained a lot of popularity in the crypto space.

 

[Yohanna]

It is very correct that it has gained a lot of popularity in the crypto space.

The non-fungible token is a very good investment for the cryoto space.