A non-fungible token is only a one-of-a-kind digital asset. Colored Coins are made of small denominations of a bitcoin and can be as small as a single satoshi. NFTs can be used to represent a multitude of assets and have multiple use cases. Counterparty is a decentralized, open-source Internet protocol built on top of the Bitcoin blockchain. The "rare pepes" started to be traded on the Counterparty platform in October of 2016.
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iulliamd
@iulliamd
Crypto enthusiast, mostly decentralized assets, NFTs, Tokens and DAOs - Smart Contracts. Co-Founder/HR at @SphynxNetwork