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The Big Whoop

04/01/21 7:08 PM

#5246 RE: trading.jeff #5245

Think of a Non-Fungible Token as a Digital Certificate that "proves" ownership. Have you ever taken a photograph on a digital camera? You have the photo.. which is what you are after but on a layer of data "below the photo" or "on the back" is all of the information on when it was taken, at was ISO, what brand of camera etc.... all the authenticating data.


That is essentially a "Token". The front is Picture, the video, the song, the work of art and on the back is the authenticating data that proves YOU are the rightful owner.

NFT's are just done with Blockchain Technology and the proof is basically everywhere the internet is.