What Are They? - Deepstash
What Are They?

What Are They?

NFT stands for non-fungible token.

"Non-fungible" means it's unique and irreplaceable.

Popular tech website The Verge explains it well. Basically, it says, a Bitcoin would be "fungible" because if you traded one coin for another, you'd have the same thing.

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mrsmolina

Love learning new ideas that help me grow mentally. Boy mom and spoiled wife. Living our best life.

When I retire will this be how financing property will be done? Part B of retirement? Financing property with my crypto?

The idea is part of this collection:

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What the heck is an NFT?

What the heck is an NFT?

Non-fungible token.

That doesn’t make it any clearer.

“Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same t...

What is an NFT?

What is an NFT?

NFT stands for Non-fungible token.

  • cannot be exchanged/replicated/replaced because they are unique.
  • allows you to buy & sell ownership of unique digital assets.

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