Asked: What exactly is an NFT?
My answer: NFT stands for Non-Fungible Token. Each token has a unique ID, and they cannot be exchanged for one another on an equal basis. An NFT proves which address owns that ID; it does not automatically grant copyright to the image. What you can do with it depends on the project's licensing terms.
$ETH 2308.58（-1.94%）
Anything I missed? Share your thoughts in the comments.
#ETH
My answer: NFT stands for Non-Fungible Token. Each token has a unique ID, and they cannot be exchanged for one another on an equal basis. An NFT proves which address owns that ID; it does not automatically grant copyright to the image. What you can do with it depends on the project's licensing terms.
$ETH 2308.58（-1.94%）
Anything I missed? Share your thoughts in the comments.
#ETH