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What is an NFT?

Introduced by Meni Rosenfield, in 2012 as “Coloured Coins”, an NFT is short for Non-Fungible Tokens. These are, in essence, digital art cum assets that one can buy. Moreover, these tokens are valuables because they are crafted, collected, sold, or auctioned! And, since these are digital tokens, any transactions related to them occur on the …

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