NFTs, or Non-Fungible Tokens, are unique digital assets stored on a blockchain. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs represent ownership of a specific item or piece of content. They have gained popularity for their use in digital art, collectibles, virtual real estate, and more, allowing creators to monetize their work and buyers to own unique digital assets with provable scarcity and authenticity.
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