NFT stands for “Non-Fungible Token”. It is a type of digital asset that represents ownership or proof of authenticity of a unique digital item, such as a piece of art, a video game item,
Unlike cryptocurrencies like Bitcoin or Ethereum, NFTs are not interchangeable with each other, as each NFT is unique and has its own specific properties and attributes. They are typically stored on a blockchain, which is a decentralized and transparent digital ledger that records all transactions involving the NFT.

NFTs have gained popularity in recent years as a way for creators and artists to monetize their digital creations and earn revenue through the sale or auction of their NFTs. NFTs have also been used for charitable purposes, as well as for investment and speculation.

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