Tech: non-fungible tokens, part0
Self-tutoring about tech and business: the tutor mentions NFTs
Depending on the context, NFT may stand for non-fungible token. A non-fungible token indicates a distinct item. Owning the token means you own the item, and the ownership is recorded on a blockchain.
NFTs are oriented around ownership and distinction. It’s the item that’s valuable; its corresponding NFT simply tracks who owns the item and what exactly it is.
That’s how I understand NFTs, anyway:)
Source:
Jack of Oracle Tutoring by Jack and Diane, Campbell River, BC.
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