Bharat Times | 20/12/2021 03:45 PM | Click to read full article
NFTs have sometimes sold online for astronomical sums, with major companies now joining the craze as the tokens find their way into everything from the art market to video games.
But what exactly are these digital assets? NFT stands for Non-Fungible Token. Something that is “fungible” can be exchanged with an equivalent item. Cryptocurrencies, which use a digital public record of transactions called a blockchain, are fungible.