what are NFTs?/Article on NFTs/200-500words article on NFTs?
What are NFTs? If you haven't been living under a rock, you’ve probably heard people talk about NFTs recently. You’ve also probably heard that some people have made a huge amount of money by selling NFTs . But what exactly are they and can you make and sell them too? The initialization NFT stands for Non-Fungible Token . In technical terms, NFT is a unit of data on a blockchain, representing an unique digital asset. A blockchain is a sort of a digital ledger, where accounts and transactions between the accounts are recorded. Each block on chain contains data, including a unique hash calculated based on the previous block. This hash makes it impossible for the ledger to be altered without altering the whole chain. The whole story is a little more complicated, but that's the simple version. Cryptocurrencies such as Bitcoin and Ethereum keep a record of the transactions in a blockchain. So, a NFT is a unit of data stored on the blockchain