What is a Non-Fungible Token (NFT)?
You may have heard of NFTs and you may know that they are in some way related to cryptocurrency or Bitcoin, but maybe you’re also not sure what those are either. Here’s an NFT explainer from The Verge:
“Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.