NFT (TBA)

What is NFT?

NFT, or Non-Fungible Token, stands as a distinctive digital asset, indivisible and unique in nature. Unlike fungible assets like currencies and stocks, which are interchangeable, NFTs cannot be split or replicated. They serve as definitive proof of ownership for digital assets, residing beyond centralized servers or repositories.

In contrast to fungible assets, which symbolize value and are readily interchangeable, non-fungible assets, including real estate, artwork, and digital collectibles, hold intrinsic uniqueness and value, making them irreplaceable and non-divisible.