What is NFT?

A non-fungible token is an asset that represents something else. It’s similar to a virtual currency, except that it has no value outside its representation.

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What does “non fungible” mean?

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An NFT is different than any other type of cryptocurrency. While cryptocurrencies are fungible (meaning NTFS can use them interchangeably), NFTs are not.

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How do NFTs work?

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NFT's items are called “non-fungible” because NFT cannot easily replace them with another.

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What can you do with NFTs?

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There are many ways to use an NFT. You can trade them online, sell them at a convention, or give them away as gifts.

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READ FULL ARTICLE ON CASMNEWS

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