What is NFT?
NFT is short for Non-Fungible Token. It's a unique virtual asset located on the blockchain network, similar to cryptocurrency.
It's like owning a nominal sword from a video game - you can't touch it, but it's there, online. And it's yours.
How is it different from cryptocurrency?
Imagine you've minted 5 gold coins with the same layout print. Each coin is identical to another. The coins can also be exchanged from 1 to 1.
NFT is the opposite! All 5 coins will have their unique layout print and different value!
And lots more in the new article about NFT on our blog!
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