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    Vikshita Vitthal Gujaran in NFT Updates

    26-Nov-2022 05:59 AM


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    What Is an NFT?

    An NFT is a cryptographic token that cannot be interchanged in a like-for-like manner.

    These tokens are entirely distinguishable from one another and are unique and limited in quantity.

    Both have become attractive for creators looking to mint NFTs as the cost is substantially lower than on Ethereum.
    If you are looking to store and have a place to view your NFTs, you can do that in an NFT-enabled wallet such as Trust Wallet.

    NFTs can be used as collectible items, investment products, or serve many functional purposes.

    However, use cases continue to be discovered for this versatile asset class, and non-fungible tokens will likely have many more important applications going forward.

    Source - academy.binance.com

    #binance #nft #knowmore