#Shorts

NFT Explained in less than a minute

An NFT is something you probably heard of, but what exactly is it and why do you need to know about it? (lowerdown yung pitch ng voice sa end)
A non-fungible token (NFT) is a token that is not fungible with other tokens.
A fungible asset is one that can be replaced or exchanged without losing its value.
A $100 bill, for example, has the same value as all $100 bills.
Assets that are non-fungible, on the other hand, cannot be replaced.
Digital art, digital land, and collectibles are examples of non-fungible tokens.
Non-fungible tokens can be used to digitally represent any asset, including online-only assets like digital artwork as well as real-world assets like real estate.
In-game items like avatars, digital and non-digital collectibles, domain names, and event tickets are all examples of assets that NFTs can represent.

If you can, now is the time to try something new and get involved by purchasing or even creating your own NFT line.

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