What is NFT?

What is NFT?

NFT means non-fungible tokens. Non-fungible is an economic term that you could use to describe things that are not interchangeable. It is available to represent any unique entities or items, such as images, videos, audio or anything else. It’s a relative concept compared with fungible tokens. As for the fungible tokens, they can be exchanged because they aredefined by their value rather than their unique properties.