What Is An NFT? 4 Things You Should Know By Justus Wakape Did you know that NFTs are the latest investment vehicle to burst out of the ether? Are they just but a bubble? Or are they the newest form of stock that's about to redefine the markets? In a world that is full of changes especially in the market frontier, it's prudent to have an insight of investment tools before plunging in. 1.NFTs explained What exactly is NFT? Non- Fungible Tokens ( NFTs) are digital assets in a Blockchain with unique codes which represent real-world objects in real estate and artwork. This implies that they are cryptographic and cannot be replicated. Whilst stocks represent a part of ownership in a particular company or groups of company, NFTs represent absolute ownership of an asset such as: music, videos and art. Although there are plans to make stocks non-fungible in the future, their current state distinguishes them greatly to NFTs with respect to transferability. Another important t
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