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What is a Non-Fungible Token (NFT)?

A Non-Fungible Token (NFT) is a unique cryptographic asset that is not directly interchangeable with other tokens. NFTs possess unique identification codes and metadata that make them distinguishable from one another. Today, their most common use case is digital art, however, this blockchain technology has other applications in music, gaming, real estate, supply chain management, and many other industries.

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