The first question that comes to your mind is what are NFTs? NFTs mean non-fungible tokens. Its name simply represents that it can not be exchanged like other cryptocurrencies. It is built from the same kind of programming that is used for cryptographic assets.
NFTs are also known as cryptographic assets but they have a unique identity. It can not be changeable or replaceable like other cryptocurrencies. Cryptocurrencies or physical currencies are exchangeable for one another.
Shyroon Changed status to publish January 1, 2023