Home web3.0 What is NFT?

What is NFT?

Jul 17, 2024 pm 02:59 PM
Blockchain Bitcoin cryptocurrency Blockchain technology

Non-fungible tokens (NFTs) are unique digital assets on the blockchain that represent unique real-world items. Features include: Unique: Each NFT has a unique identifier, making it irreplaceable. Scarcity: NFTs are often issued in limited quantities, making them collectible. Ownership: NFT ownership is stored on the blockchain, providing transparent and immutable proof. Transferability: NFTs can be bought, sold and traded on the market like other crypto assets. Verifiability: Blockchain ensures the authenticity and provenance of NFTs, making them less susceptible to counterfeiting.

What is NFT?

What is NFT?

Non-fungible token (NFT) is a unique digital asset on blockchain technology that represents a unique item in the real world. Unlike fungible cryptocurrencies such as Bitcoin, NFTs are each unique and cannot be copied or split.

Characteristics of NFTs:

  • Unique: Each NFT has a unique identifier, making it irreplaceable.
  • Scarcity: NFTs are usually issued in limited quantities, making them collectible.
  • Ownership: NFT ownership is stored on the blockchain, providing transparent and immutable proof.
  • Transferability: NFT can be bought, sold and traded in the market like other crypto assets.
  • Verifiability: Blockchain ensures the authenticity and provenance of NFTs, making them less susceptible to counterfeiting.

NFT use cases:

  • Digital Art and Collectibles: NFT enables people to own and trade unique digital art, collectibles, and other virtual items.
  • Game Assets: NFT can represent in-game items such as weapons, skins, and avatars, and allow players to monetize their ownership and value.
  • Real Estate: NFT can be used to represent and trade real-world real estate, providing secure and transparent proof of land ownership.
  • Identity Verification: NFT can be used to verify identity and ownership, such as passports, driving licenses, and academic qualifications.
  • Supply Chain: NFT can be used to track and verify goods from production to consumption, ensuring authenticity and transparency.

APENFT (NFT) Current Price: $4.4000850199464E-7

Trading Volume: $24878361.796546

Market Cap: $440004101.90962

Latest change: -1.58108058%

Price change factors:

APENFT’s price movements are driven by factors such as market sentiment, industry news and volatility in the broader crypto asset market.

Future Price Analysis:

In the short term, the price of APENFT is likely to remain fluctuating around current levels. However, if the crypto asset market experiences a larger rally, the currency’s price could benefit.

Investor Advice:

Investors should exercise caution when investing in APENFT or any other crypto asset. It is recommended to only invest money that you are willing to lose.

Short-term trend forecast:

APENFT’s price may remain stable or fluctuate slightly in the coming days.

Indicator:

  • Current price: $4.4000850199464E-7
  • 24 hour trading volume: $24878361.796546
  • Circulation volume: 99999000000000APENFT
  • Maximum supply : 999990000000000
  • Total supply: 999990000000000
  • Market value: $440004101.90962

The above is the detailed content of What is NFT?. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1659
14
PHP Tutorial
1258
29
C# Tutorial
1232
24
How much is Bitcoin worth How much is Bitcoin worth Apr 28, 2025 pm 07:42 PM

Bitcoin’s price ranges from $20,000 to $30,000. 1. Bitcoin’s price has fluctuated dramatically since 2009, reaching nearly $20,000 in 2017 and nearly $60,000 in 2021. 2. Prices are affected by factors such as market demand, supply, and macroeconomic environment. 3. Get real-time prices through exchanges, mobile apps and websites. 4. Bitcoin price is highly volatile, driven by market sentiment and external factors. 5. It has a certain relationship with traditional financial markets and is affected by global stock markets, the strength of the US dollar, etc. 6. The long-term trend is bullish, but risks need to be assessed with caution.

Which of the top ten currency trading platforms in the world are among the top ten currency trading platforms in 2025 Which of the top ten currency trading platforms in the world are among the top ten currency trading platforms in 2025 Apr 28, 2025 pm 08:12 PM

The top ten cryptocurrency exchanges in the world in 2025 include Binance, OKX, Gate.io, Coinbase, Kraken, Huobi, Bitfinex, KuCoin, Bittrex and Poloniex, all of which are known for their high trading volume and security.

What currency does Ripple (XRP currency) belong to? Detailed tutorial for beginners What currency does Ripple (XRP currency) belong to? Detailed tutorial for beginners Apr 28, 2025 pm 07:57 PM

Created by Ripple, Ripple is used for cross-border payments, which are fast and low-cost and suitable for small transaction payments. After registering a wallet and exchange, purchase and storage can be made.

Which of the top ten currency trading platforms in the world are the latest version of the top ten currency trading platforms Which of the top ten currency trading platforms in the world are the latest version of the top ten currency trading platforms Apr 28, 2025 pm 08:09 PM

The top ten cryptocurrency trading platforms in the world include Binance, OKX, Gate.io, Coinbase, Kraken, Huobi Global, Bitfinex, Bittrex, KuCoin and Poloniex, all of which provide a variety of trading methods and powerful security measures.

Sesame Open Door Official Website Entrance Sesame Open Door Official Latest Entrance 2025 Sesame Open Door Official Website Entrance Sesame Open Door Official Latest Entrance 2025 Apr 28, 2025 pm 07:51 PM

Sesame Open Door is a platform that focuses on cryptocurrency trading. Users can obtain portals through official websites or social media to ensure that the authenticity of SSL certificates and website content is verified during access.

Binance official website entrance Binance official latest entrance 2025 Binance official website entrance Binance official latest entrance 2025 Apr 28, 2025 pm 07:54 PM

Visit Binance official website and check HTTPS and green lock logos to avoid phishing websites, and official applications can also be accessed safely.

What are the top ten virtual currency trading apps? The latest digital currency exchange rankings What are the top ten virtual currency trading apps? The latest digital currency exchange rankings Apr 28, 2025 pm 08:03 PM

The top ten digital currency exchanges such as Binance, OKX, gate.io have improved their systems, efficient diversified transactions and strict security measures.

What are the top currency trading platforms? The top 10 latest virtual currency exchanges What are the top currency trading platforms? The top 10 latest virtual currency exchanges Apr 28, 2025 pm 08:06 PM

Currently ranked among the top ten virtual currency exchanges: 1. Binance, 2. OKX, 3. Gate.io, 4. Coin library, 5. Siren, 6. Huobi Global Station, 7. Bybit, 8. Kucoin, 9. Bitcoin, 10. bit stamp.