NFT- NON FUNGIBLE TOKENS
WHAT IS NFT? An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency , and they are generally encoded with the same underlying software as many cryptos. How Does an NFT Work? NFTs exist on a blockchain, which is a distributed public ledger that records transactions. You’re probably most familiar with blockchain as the underlying process that makes cryptocurrencies possible. Specifically, NFTs are typically held on the Ethereum blockchain, although other blockchains support them as well. An NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including : Art , GIFs, Videos and sports highlights, Collectibles, Virtual avatars and video game skins, Designer sneakers, Music. NFT uses in Metaverse: Because NFTs are generally associated with websites and transactions that occur through web browsers, and because the metaverse