NFT, short for non-fungible token, is a type of digital asset that represents ownership of a unique item or asset. NFTs are built on blockchain technology and are stored on a decentralized ledger, which allows for the authentication and verification of ownership. NFTs are used to represent a wide range of assets, including digital art, collectibles, music, and even virtual real estate. NFTs have gained popularity in recent years due to the increasing demand for unique and rare digital assets, and have been used in a variety of applications, such as auctions and gaming.

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