Merc The NFT we often mention stands for non-fungible Token, and its Chinese name is 非同质化通证. The Tokens we commonly see (such as BTC, ETH, etc.) are fungible, meaning there is no difference between each BTC, and they can be exchanged and divided. The important feature of NFTs is that each NFT has a unique and singular identifier, making them non-interchangeable, with the smallest unit being 1 and indivisible.

NFTs can be applied in many different fields, especially often used to create various collectibles. At the same time, there are CryptoKitties, crystals, dragons, pandas, dogs, trading cards, stamps, Pokémon, and so on. Besides collectibles, NFTs are also an important development in the gaming industry. Players can create individual objects such as clothing, weapons, or equipment.