What is an NFT?

An NFT (Non-Fungible Token) is a digital asset or content connected to the blockchain which can be sold or traded. The digital asset or content can take the form of an image, art or digital photo. It is completely transparent and cannot be tampered with. The process of creating an NFT is called ‘minting’. Through ‘minting’, the digital asset or content is stored on an open-source blockchain called IPFS (InterPlanetary file system). This means that the file will never be edited or deleted.

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