It seems like everybody is talking about NFT s lately. Maybe you have seen one of these headlines lately in news. Nyan Cat Sold For $590,000 Just opened up.
NFT stand for “Non-Fungible Token”. It is “Non-Fungible” because it cannot be replaced by another token. If somebody takes one of your dollar bills and gives you another one, you don’t care about that because the new dollar can be replaced by the old on which makes it “Fungible”)
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