What is an NFT?

An non-fungible token (NFT) is a digitally protected object that cannot be replaced. It is based on blocks of information that are stuck together like the links of a chain (hence blockchain). Each of these blocks contains certain data about the object as well as its own hash value and that of the previous block. A hash value can be compared to a digital fingerprint. It is always unique and thus serves to identify a respective block. Which data you link to each block is on you.

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