WHAT EXACTLY IS AN NFT? WHAT DOES NFT REPRESENT?
Token that is not fungible.
That doesn't help things much.
Sorry for the inconvenience. "Non-fungible" basically indicates it's one-of-a-kind and can't be substituted with anything else. A bitcoin, for example, is fungible, meaning you can exchange one for another and get precisely the identical thing. A one-of-a-kind trade card, on the other hand, cannot be duplicated. You'd get something altogether different if you swapped it for a different card. You traded a Squirtle for a 1909 T206 Honus Wagner, dubbed "the Mona Lisa of baseball cards" by StadiumTalk. (I'll take them at their word.)
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