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Blockchain

NFT (Non-Fungible Token)

A unique digital token on a blockchain that represents ownership of a specific item, like art, music, or a collectible. Unlike Bitcoin or ETH, each NFT is one-of-a-kind and cannot be swapped 1:1 for another. NFTs prove digital ownership and authenticity.

Example

An artist sold an NFT of their digital painting for 5 ETH on OpenSea.

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