NFT (Non-Fungible Token)

FAQ About NFT (Non-Fungible Token)

How is NFT different from other Cryptocurrencies? NFT (Non-Fungible Token)
2 years ago | gizem

How is NFT different from other Cryptocurrencies?

The most important feature that distinguishes NFTs from other cryptocurrencies is that they are immutable. When you produce or buy an NFT, it becomes a unique asset that only you own.

NFTs recorded with blockchain technology are encrypted in a special way, making them non-copyable. NFTs, which attract great attention from collectors due to these features, also provide a great advantage to their manufacturers. When a work of art changes hands after being sold, the owner cannot earn any income from this transaction. NFTs, on the other hand, earn a certain commission to their producers when they are resold.