NFT (Non Fungible Token)

A Non Fungible Token (NFT) is a token, which is unique and cannot be numbered like an usual cryptocurrency.

This is why they are said to be “non-fungible”: they can’t be mixed among other NFTs, as each of them is unique and different from the others.

Unlike a popular belief, NFTs are not pictures. It is possible to tie any kind of information to a NFT, including a picture. This use case is the most common and the most popular.