Episode 31: What are Crypto Currency Based NFT?
In this episode ,I tried to explain the concept of Crypto Currenct based NFTNFT:NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to buy or register it.NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only.The most popular NFTs right now include artwork and music, but can also include videos and even tweetsNon Fungible Token:“Non-fungible” more or less means that it’s unique and can’t be replaced with something elseFungible Token:Bitcoin and other cryptocurrencies are the most prominent uses of blockchain technology, and they're examples of fungible tokens.If you send somebody a Bitcoin and they send you one back, it doesn't have to be the same Bitcoin, just as with the ten-rupee note.Do check the episode on various platformhttps://www.instagram.com/podcasteramitApple :https://podcasts.apple.com/us/podcast/id1544510362Huhopper Platform :https://hubhopper.com/podcast/tech-stories/318515Amazon: https://music.amazon.com/podcasts/2fdb5c45-2016-459e-ba6a-3cbae5a1fa4dSpotify :https://open.spotify.com/show/2GhCrAjQuVMFYBq8GbLbwa
