What is NFT?

1.Introduction
If you’re actively involved in this world spend your time on Twitter, Instagram, LinkedIn then you would have heard of something called NFTs
The full form of NFT is Non-Fungible Token
2. What are 2 key terms ?
1. none fungible and 2. token
Let start with nonfungible if I would have to simply express it then to replace the word fungible then the word can be said as replaceable. This means no replaceable.

So let discuss in detail about Non — Fungible Tokens :

3.What is nonreplaceable?
Let me start with an example:
This is a book that there are millions of copies of this book because this book has been mass-produced so every copy is the same that means if you buy a book from Amazon on day one.
And then if you go offline bookseller and buy another copy on day 15 there will be no difference between the two copies they will be at the same price and that why you have got the same copies this means that this book is replaceable you can replace this book with any other book at any point of time .and that makes it a replaceable asset but if this book is unique
4.Why is it unique?
If the book has been used by someone and for his purposes the reader might have kept the notes, highlighted, scribble due to which it makes non-replaceable. This book is only one…