what does nft stand for in crypto
Rather than introduce a new token for every use case, NFTs were designed to connect all crypto with one common denominator: user control of their own data/ownership. In doing so, NFTs also encompass decentralized applications (dApps) and blockchain technology from many sources and industries. image source: www.businessinsider.com This makes NFTs much more versatile than any other Initial Coin Offering (ICO) that has been released to date.t we will look at the top 7 best websites to learn how to make your own cryptocurrency! A Non-Fungible Token (NFT) is a token that represents something that's unique and cannot be substituted for by some other identifier. image source: www.cnbc.com There are tokens which represent digital art, cars or even land titles. For example, you might have one token representing your house and another token for your favorite basketball player. You can transfer these tokens without transferring their underlying value or combining them with others to form grea