NFT'S AND ITS DIVERSE APPLICATION:
NFT stands for Non-Fungible token. It is a kind of digital asset that uses blockchain technology to signify ownership or evidence of validity of a certain goods or a piece of content. NFT's are distinct and cannot be swapped like-for-like, in contrast to fungible cryptocurrencies like Bitcoin and Ethereum which can be exchanged one-to-one. UNIQUENESS : NFT's are made to be limited edition or one-of-a-kind. Each NFT's has a unique digital signature that attests to its ownership and legitimacy. The value of NFT's is derived from their singularity. BLOCKCHAIN TECHNOLOGY : NFT's are typically built on blockchain platforms. The blockchain served as a decentralized and transparent ledger that records the ownership and transaction history of each NFT. OWNERSHIP AND AUTHENTICITY : NFT's enable creators to establish and prove ownership and authorship of their digital creations. Artists, musicians, filmmakers and other creators can mint their work as NFT's, providing...