NFT

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NFT

What is an NFT? The term stands for Non-fungible token. “Non-fungible” s means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something different.

In crypto gaming world NFT represents a unique token. When a player possesses a Non-fungible token he can mint certain cryptocurrencies at a certain rate. Considering the fact that are unique NFTs can be similar to other in-game tokens but with different statistics. Yet price can be the same for 2 NFTs because the price is set by the owner.