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What is fundamentals of NFT_

NFTs, or non-fungible tokens, are digital assets representing ownership or proof of authenticity of unique items, usually stored on a blockchain. Each NFT is distinct, carrying metadata that distinguishes it from others.

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What is fundamentals of NFT_

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  1. What Is Fundamentals of NFTs? NFTs, or non-fungible tokens, are digital assets representing ownership or proof of authenticity of unique items, usually stored on a blockchain. Each NFT is distinct, carrying metadata that distinguishes it from others. The fundamental concept revolves around cryptographic technology, ensuring scarcity, ownership, and traceability of digital assets like art, music, videos, collectibles, and even real estate. Smart contracts on blockchain platforms like Ethereum facilitate NFT creation and ownership transfer, empowering creators by enabling direct sales and royalties. NFTs have gained traction due to their ability to revolutionize ownership in the digital realm, offering new ways for creators to monetize their work and buyers to own exclusive digital content. Want to learn more about the fundamentals of NFTs? Enroll now in 101 Blockchains' NFT Fundamentals Course!

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