Category: NFT News

NFT News is the category where you can discover the most interesting news about NFTs. What exactly are NFTs? In a nutshell, NFTs are: Nonfungible tokens, or NFTs, are verifiably unique digital and physical commodity representations. Each NFT is unique in terms of its composition, and hence in terms of its worth. Dollars are fungible in the physical world. If a person swaps a paper US dollar for another paper US dollar, the value of the former is not lost. On the other side, nonfungible items such as artwork are rare. The “Mona Lisa” does not have the same worth as “The Persistence of Memory,” because both artworks are one-of-a-kind and so have value.

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