What is NFT?

NFT (Non-Fungible Token) defines the ecologically inseparable and unique features for token exchange and circulation.

First of all, tokens are assets that use smart contracts to record order books, and there are two types of Tokens: fungible and non-fungible.

Fungible tokens, namely FT, are interchangeable tokens that can be split almost indefinitely, the ERC20 is the basic standard.

Non-fungible tokens, namely NFT, are unique and inseparable tokens, such as crypto cats, tokenized digital tickets, etc.