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Re: resx18 post# 1271

Thursday, 04/13/2023 9:16:47 AM

Thursday, April 13, 2023 9:16:47 AM

Post# of 1575
NFTs are one-of-a-kind digital assets that are provably unique and issued/stored on the blockchain, which is a form of digital ledger. NFTs are created in many forms, including artwork, digital collectibles, music, and even items in video games. Each “non-fungible” token contains identifying information recorded in smart contracts, and it’s this information that makes each NFT unique. This uniqueness is why they cannot be directly replaced by another token and what gives the assets their value. Bitcoin, for instance, is a “fungible” token because you can trade one for another.
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