Sales of the non-fungible token (NFT) industry rose in 2021, according to industry reports.As sales volume boomed from $95 million…
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NFT stands for Non-Fungible Token, representing unique digital assets or collectibles verified on a blockchain, often Ethereum.
Each NFT has distinct ownership and metadata, making it irreplaceable and provably scarce.
NFTs have gained popularity in art, gaming, and digital media, offering creators new avenues for monetization and ownership rights.