NFTs stand for Non-Fungible Token which are certificates implying that the token is one of a kind and unique. There are no replicas of the token. The token can represent anything digital. It can represent videos, images, game equipment, memes, tweets, source codes, etc.
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NFTs stand for Non-Fungible Tokens. These are tokens that represent a unique digital work and one of a kind and cant be replicated. These are making news as these trending assets earn millions of dollars for the creators. The most famous example is that of the artist Beeple, who sold his painting for a whopping $69 million. Many more digital works of art are sold for more than 6 figures.
Non-Fungible Tokens are picking up the trend daily. In just about 6 months of the year 2021, the total sales volumes got shot up to $2.5 billion from $13.7 million in the 1st half of the year 2020. This is all due to the value associated with this asset and its benefits. The asset is