![]() ![]() ![]() These tokens are stored cryptographically in a blockchain network for authentication and validation. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.Īlthough NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. Something which is fungible is replaceable. NFT is an acronym for “Non-Fungible Tokens”. The game was first released in November 2017.ĬryptoKitties uses the Ethereum blockchain network and transactions can be carried out using the native currency Ether.Īn NFT Marketplace is a marketplace for NFT. It was developed by the Canadian company Dapper Labs Inc and Hong Kong-based Animoca Brands Corporation Ltd. CryptoKitties is a blockchain-based game. ![]()
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