What is an NFT - Non Fungible Token? What is an NFT - Non Fungible Token?

What is an NFT - Non Fungible Token?

NFT stands for "Non-Fungible Token.

An NFT is an online unique object that cannot be counterfeited. It can be compared to a unique physical work of art with a certificate of authenticity and ownership.

The difference is that the certificate does not belong to an owner, but is stored online and irrefutably via decentralised blockchain technology and is visible to all.