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NFT & Blockchain

Each NFT is stored on a blockchain, which serves as a decentralized ledger that records transactions and ownership details in a transparent and immutable manner.

ClientNew MagazineDateMarch, 2022AuthorJim CarterShare

NFT & Blockchain

Non-fungible tokens (NFTs) and blockchain technology are interconnected concepts that have gained significant attention in recent years, particularly in the realm of digital art, collectibles, and decentralized finance.

  • NFTs are a type of digital asset that represent ownership or proof of authenticity of a unique item or piece of content, such as digital art, music, videos, virtual real estate, and even tweets.
  • Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and cannot be replicated or exchanged on a like-for-like basis.

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