What is an NFT (Non-Fungible Token)? | Crypto Terms Explained
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YouTubeBlockspot
What is an NFT (Non-Fungible Token)? | Crypto Terms Explained
An NFT flips crypto's core rule of fungibility: rather than every coin being interchangeable, it turns a digital item into something you can provably own. In this 30-second explainer: • Each token has a unique on-chain ID, so it can't be swapped one-for-one or split up. • Ethereum's ERC-721 and ERC-1155 standards make minting and tracking ...
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