NFT funds

What is NFT?

NFT is a blockchain solution to confirm the originality and ownership of a digital file. NFT meaning non-fungible token, and it is a unique element of blockchain code - similar to cryptocurrency. The difference between the two is the non-exchangeability of the NFT token - it is unique and cannot be exchanged for another one, and in most cases - it cannot be shared. It is created by saving the file on a particular platform, making a unique NFT token and keeping it in a global directory. Why does a file saved in this form have any value? First of all, you can't make another copy of it or counterfeit it. It is unique in the world - just like a work of art. Of course, you can copy a file with it, but the code assigned to it remains unchanged.

Why are NFT funds so popular?

NFT funds are so-called non-exchangeable tokens. These blockchain-based digital files are linked to digital assets, such as virtual art or tangible objects. They can represent, for example, real estate, a purse, or a seat on a rover that will explore space. NTF can be compared to a physical certificate of authenticity, which is impossible to copy. NTF funds can be transferred between users' wallets, thus creating a unique file on the blockchain network.