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AltCoinReviews.org has reviewed the above NFT collections to gather necessary information of NFT's for it's readers. We have collected important information like “Tokenomics”, history, and who's behind each and every collection.
NFT's been booming since 2020 and due to popularity, there are a lot of fraudulent and scam NFT tokens available on the internet.
NFT, stand for Non-Fungible Token. Non-fungible mean that token is unique and cannot be replaced with something else! – Unique!
Highlevel explanation on how NFT's work is that they are part of one of the blockchains like crypto currencies, but are unique in the grand scheme of blockchain.
The similarity of NFT and currencies is that they are built using similar programming as currencies. Cryptocurrencies are “Fungible”, meaning they can be traded and exchanged. NFT's are “non-fungible” meaning that each NFT has unique signature and hence is not tradable.