NFT or non-fungible tokens refer to unique assets, like an irreplaceable doge meme or an autographed tweet. NFTs could be anything from an art piece, domain name, a tweet, music piece, a trading card or just about any digital good that has a value attached to it.
While NFTs have been around since 2014, their popularity is fast gaining momentum as the new-age way to buy and sell digital artwork. In fact, since 2017, over $174 million have been spent on NFTs. Managing NFTs is similar to managing cryptocurrencies and may be done by mobile or online app. It’s possible to accomplish this on a smartphone using cryptocurrency exchanges.
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