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What Are Non-Fungible Tokens?

Non-fungible tokens are digital assets that are built on the power of blockchain technology. They verify the ownership of the digital assets that are purchased by the buyers. NFTs represent real-life physical assets in digital form including tangible and intangible assets. The commonly represented digital assets are music clips, video clips, trading cards, domain names, etc. They are unique, thus, they cannot be traded with tokens that possess similar value. Since NFTs are built on blockchain technology, they can easily trace back the ownership of the purchased digital product and eliminate the interference of data manipulation and replication.
Non-fungible tokens have turned out to be a great opportunity for digital content creators and business models to invest their resources into this platform and gain high profitable yields. It has become a platform for artists and musicians to showcase their talent and monetize them. This platform has become a dominant sector in the digital world where it has been a constant revenue generator for fields such as online gaming and digital artworks.

This is where you may produce and share digital collectibles.

For NFT buyers, dealers, and artists, SmashCoin Platform has been built. As a result, you may easily sell, buy, and resell NFTs on the SmashCoin Marketplace.