Non-fungible tokens (NFT) are unique cryptographic assets that represent the ownership of a tangible or intangible asset and are hence stores of value. The rarer the asset, the dearer the NFT.
But what's more important is that they are blockchain-based assets that can also be staked just like other cryptocurrencies to make sizeable gains.NFT has been the buzzword this year, quite literally. Collins Dictionary named it the 'word of the year'.
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