What Are NFTs and their utilities

What is an NFT?

An NFT is a digital collectible asset such as a piece of art or a trading card (or something even more at home on the internet such as a meme or a tweet) that provides a record of its ownership and authenticity and thus allows it to be sold and collected like a Picasso at Christie’s. Because they model the scarcity and uniqueness of traditional art works, they’re also quickly becoming an investment vehicle.:+1:

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