With all the news of tweets, memes and art pieces turning to NFTs, it's almost impossible for anyone using the Internet to avoid the term anymore. Regardless of your choice of social media platforms and news outlets, you must encounter something that refers to NFT at least once a day (make it once a week, if you're lucky)
This also raises a lot of questions in mind: What is NFT? How can something on the web turn into NFT? Why are NFTs so expensive? And what exactly do you do with the NFT?
Inquiries are far and wide. Fortunately, the answers are easy to detect. If you have two minutes at hand, this internal information about everything about NFTs can answer all your pressing questions.
What is NFT?
NFT is an abbreviation for an irreplaceable code created through blockchain technology. As the name suggests, the non-replaceable symbol is unique in form and cannot be replaced by another duplicate unit. You can also view the non-replaceable code as a premium digital property that does not have another copy in the world.
This makes NFT different from its predecessor in the blockchain called cryptoc
