TLDR
Non-fungible tokens (NFTs) are digital assets that represent different objects like collectibles, art, and various in-game items. NFTs essentially transform various digital works of art and collectibles into verifiable and one-of-a-kind assets that can easily be traded on the blockchain. The first-ever NFT was Terra Nullius, which allowed users to engrave a message, but lacked a transfer function. It is the first NFT on the Ethereum network with transfer function and allows users to own ‘tiles’ on a map.via the TL;DR App
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Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
