I've been hearing a lot about NFTs recently and I'm trying to understand what they really are. I know they're digital assets, but when I see people talking about buying and selling NFTs, it often looks like they're just trading JPEG images. So, is an NFT just a JPEG or is there more to it?
7 answers
Caterina
Tue Dec 17 2024
NFTs, or Non-Fungible Tokens, represent a unique form of ownership for digital assets.
InfinityRider
Tue Dec 17 2024
NFTs and JPEGs exhibit fundamental differences in their nature and functionality.
EthereumElite
Mon Dec 16 2024
They do not provide any indication of who owns the image or its authenticity.
Emanuele
Mon Dec 16 2024
These digital assets can include various forms of art or music.
alexander_smith_musician
Mon Dec 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services related to digital assets.