NFT stands for non-fungible token, which is a unique digital item recorded on a blockchain that proves you own it. Unlike cryptocurrencies where one unit is the same as any other unit, each NFT is one of a kind, similar to how one painting is different from another.
An artist might create an NFT representing a digital drawing and sell it to you. The blockchain records that you own that specific NFT, and you can sell it to someone else later, but no one else can own that exact same token at the same time.
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