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Non-Fungible tokens (NFT) are a type of cryptographic tokens that standalone. They are not interchangeable by their individual specification in the way that crypto-assets such as Bitcoin are. NFTs can be useful for industries that require some kind of unique items, let’s say for identification of the piece of art or any other unique achievements of a user. The distinction lays in the hash that assigned to each separate Non-fungible token. The Standard allows representing several groups of assets, not a single asset.