NFT is an acronym for non-fungible token meaning a portion code cannot be copied or changed whether in part or whole. Many artists appreciate NFTs because they are a secure way to safeguard ownership. It’s similar to your fingerprints which cannot be changed and they indisputably belong to you.
NFTs are relevant to digital assets. A digital asset is a non-physical valuable thing. Photos stored in the cloud or the bitcoin saved up in a bank are some examples of digital assets. You can’t hold them in your hands, but you can have them in your possession.
Continue reading “What is NFT Art? How Does it Work?”