What are Non Fungible Tokens and How Do They Work?
An NFT is unique digital tokens which exist on a specific blockchain and cannot be duplicated or recreated. To put it simply, NFT is something unique or representative of something unique which is recorded on a particular blockchain.
Coming to their creation, many NFTs are tokens created on blockchains with the help of smart contract protocols and stored virtually on digital crypto wallets. NFT tokens are unique, and uniquely identifiable. They can neither be traded or exchanged for another NFT featuring the same traits or characteristics.
