NFTs are rising

The Rise and Rise of NFTs – Legal Considerations and Its Future

The Rise & Rise of NFTs The first question that arises is, what are NFTs? NFT's stand for Non-Fungible Tokens. The word "Fungible" means that which can be traded or exchanged for one another—for example, a dollar bill or a Bitcoin or an Ada coin. Therefore, by definition, "Non-Fungible" is unique and cannot be exchanged with another token. A token is a unit of data kept on a digital ledger called a "blockchain". ...

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