Channel: Twiz

Category: Entertainment

Description: What is a Bored Ape and how do you buy one explained for crypto beginners Instagram: instagram.com/JesseVall NFT stands for Non Fungible Token. An NFT, which stands for non-fungible token, is a unique unit of data employing technology that allows digital content from videos to songs to images, to become logged and authenticated on cryptocurrency blockchains, primarily Ethereum. The main impact of NFTs is making it easy to own and sell digital content. Fungible means something is able to be exchanged or substituted and will hold the same value. It's interchangeable like Bitcoin, Ethereum any other crypto currencies! The NFT space will continue to grow in the coming years with some popular use cases being, Digital Art, Virtual Land, Gaming, Collectibles, and much more.