Cryptocurrency Q&A What is an NFT for dummies?

What is an NFT for dummies?

Nicola Nicola Wed Nov 06 2024 | 6 answers 1382
I'm a complete beginner and I've been hearing a lot about NFTs recently. Can someone explain to me in simple terms what an NFT is and how it works? I'm really curious to understand this new concept. What is an NFT for dummies?

6 answers

KimchiChic KimchiChic Fri Nov 08 2024
An NFT serves as a digital certificate.

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BenjaminMoore BenjaminMoore Fri Nov 08 2024
NFTs are entries in a blockchain ledger.

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DongdaemunTrendsetterStyleIconTrend DongdaemunTrendsetterStyleIconTrend Fri Nov 08 2024
They represent real-world objects in a digital format.

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Michele Michele Fri Nov 08 2024
NFTs enable the digitization of various items.

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Thunderbolt Thunderbolt Fri Nov 08 2024
This includes pictures, videos, and other forms of media.

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