NFTs (Non-Fungible Tokens) (Read 5522 times)

NFT stands for Non-Fungible Tokens which is a class of cryptographic assets that are unique in nature and therefore not mutually interchangeable. Crypto collectibles, art, game items and events tickets are some of the examples of non-fungible assets where each individual item is inherently unique. NFT tokens are also important in the tokenisation of the financial industry as insurance policies, real estate, bonds and other instruments are non-fungible in nature.