Tech Insights
NFT

NFT

Last updated , generated by Sumble
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What is NFT?

NFT stands for Non-Fungible Token. It represents a unique digital asset, often used to tokenize things like artwork, collectibles, or virtual real estate. Because each NFT is unique, it cannot be exchanged like-for-like with another NFT, unlike cryptocurrencies. They are commonly used for proving ownership and authenticity of digital items on a blockchain.

What other technologies are related to NFT?

NFT Complementary Technologies

Web3.0 represents the next generation of the internet, emphasizing decentralization and user ownership, aligning with the principles behind NFTs.
mentioned alongside NFT in 26% (104) of relevant job posts
Web3 is a broad concept encompassing decentralization and blockchain technologies, which are fundamental to the existence and functionality of NFTs.
mentioned alongside NFT in 6% (383) of relevant job posts
DeFi and NFTs share the underlying blockchain infrastructure. Some NFTs are used within DeFi platforms.
mentioned alongside NFT in 8% (212) of relevant job posts

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