Crypto 101: Non-Fungible Tokens (NFTs)
Many NFTs only record an ID and a link to metadata on-chain; the images are often stored on IPFS or centralized servers.
NFT stands for Non-Fungible Token. Each token has a unique ID, and tokens cannot be directly exchanged for one another.
There’s no exam in this lesson, but the market may spring a pop quiz on you.
Transferring and buying or selling NFTs on Ethereum requires $ETH to pay for gas. Current price: 2431.96.