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Results for tag: "Non Fungible Token"

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Non Fungible Tokens (NFTs) are digital assets that are unique and not interchangeable. They are used to represent ownership of digital items such as artwork, music, videos, and other digital assets. NFTs are stored on a blockchain, which is a distributed ledger technology that allows for secure and transparent transactions. NFTs are becoming increasingly popular in the Internet and E-Commerce space as they provide a way to securely and transparently track ownership of digital assets. NFTs are being used in a variety of ways, such as for digital collectibles, gaming, and digital art. They are also being used to tokenize physical assets, such as real estate and artwork. NFTs are also being used to create digital marketplaces, where users can buy and sell digital assets. Some companies in the NFT market include OpenSea, Rarible, CryptoKitties, Decentraland, and SuperRare. Show Less Read more