NFT and Digital Art: A New Frontier for Collector-Investors
At the core of the 'crypto-art' phenomenon lies the technology of non-fungible tokens, or NFTs. Unlike cryptocurrencies like Bitcoin, where each coin is identical to another, each NFT is unique and exists as a single copy. This uniqueness is recorded on the blockchain—a decentralized digital database—which guarantees the authenticity and ownership history of the asset.
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