NFT - Non Fungible Token

Published On : 02/09/21 07:25:19 pm
What is NFT: NFT stands for non-fungible token – a digital token that's a type of cryptocurrency, much like Bitcoin or Ethereum. But unlike a standard coin in the Bitcoin blockchain, an NFT is unique and can't be exchanged like-for-like (hence, non-fungible). How it is created After creating a collection and naming it, you can create and add NFTs to it using image files, video files, 3D models, music files, or basically any type of digital content file. You will be able to add a name, description, and set the rarity of the NFTs as well. Some News: 1. Amitabh Bachchan to launch his own NFT collection in November. Bollywood's angry young man has taken the lead once again. Amitabh Bachchan will be rolling out his own NFTs (non-fungible tokens), becoming the first Indian actor to do so at a time when the world has taken a shine to digital assets -- over $2.5 billion worth of NFTs have already been sold globally. 2. Marvel Entertainment to offer NFT collectibles via VeVe platform