How would you explain a non-fungible token in layman’s terms?

How would you explain a non-fungible token in layman’s terms?

Table of contents

  • Understanding NFTs
  • Know about Fungibility
  • Know about Non-fungibility
  • Know about Digital asset
  • Known about Blockchain
  • Understanding the difference between cryptocurrency and NFTs
  • Understanding workings of NFTs
  • Closing Thoughts

Understanding NFTs

Know about Fungibility

Know about Non-fungibility

Know about Digital asset

Known about Blockchain

Understanding the difference between cryptocurrency and NFTs

Understanding workings of NFTs

Closing Thoughts

--

--

--

Result-oriented Technology expert with good experience in education & technology roles.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

æpps Summit 2019 in Depth: Revolutionizing Fundraising

Atomic Cross-Chain Swap on Qtum

Digital Asset Conference: Gateway to Blockchain in Asia

NEW 2000 GLMR GIVEAWAY!

SUN Cuts Output First Time Since Official Mining, Adding Support for BTT, WIN and USDJ

Everything You Need to Know about Non-Fungible Tokens(NFTs)

Oil’s Been More Volatile Than Bitcoin for Nearly 2 Months, Data Shows

VBC Ventures Invests in ByteNext

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Rashmeet Kaur

Rashmeet Kaur

Result-oriented Technology expert with good experience in education & technology roles.

More from Medium

Why I think AAA developers will leave blockchain gaming to the startups in 2022

Everything you should know about NFT, Blockchain, and Crypto Art

Neon Impressions NFT roadmap.

How to buy virtual land on Metaverse?