What are NFT’s
NFT stands for Non-Fungible Token. NFTs are issued on a blockchain; the ‘non-fungible’ part means that they’re completely unique, and there’s no other collection of data like it. Cryptocurrency itself is fungible, meaning that they’re interchangeable with each other.
NFTs became popular as pieces of digital art, the idea being that because they’re unique, they can provide a receipt of authenticity stored on the blockchain. Even in the real world, having the original piece of art is a huge deal, but it’s a lot harder to verify.