In the era where everything is digital and socially friendly, people are making maximum use of these technologies. We share so many jokes, memes, infographics, etc. with many people for entertainment or informative purposes.
But have you ever thought about how these digital properties are created or from where do they originate? The answer to all such questions is a single term – Non Fungible Tokens or NFT.
This began in 2017 when John Watkinson and Matt Hall released the first non fungible token on the American Studio Larva Labs Ethereum Blockchain. It was called Crypto Punks, then. In the same year, another project known as Crypto Kitties went viral soon after its arrival by generating investment of $12.5 million.
Further in this blog, you will get to know about non fungible tokens or NFTs, their advantages, features, use cases, risks and future scope.