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what is the point of nft

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Non-Fungible Token is a new technology which is used to create unique assets in the crypto-space. After reading this article, you will have a better understanding of what they are, how they function and why a lot of people are excited about them. image source: fortune.com A non-fungible token (NFT) is an immutable piece of data that represents an economic digital asset. As opposed to fungible tokens which can be traded for any other given token in the market supply, NFTs are unique assets that cannot be mixed with other given assets within the same supply chain or ecosystem. image source: www.creativebloq.com "Non-fungible tokens are a way of representing unique items in a digital medium. Tokens such as these can't be duplicated or replicated, and they majorly improve the enjoyment of its user." Non-fungible tokens are different from the fungible ones in that they are unique. image source: mintspace.io They are either rare enough or have some other characteristic that is