What is an NFT a Non-Fungible-token

NTF stand for non-fungible token and it  is a unit of data stored on a digital ledger, which is called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. On the other hand Fungibles goods includes  securities, or other items, that are equivalent or consist of many identical parts such that, for practical purposes, they are interchangeable.It holds value of items as a form of cryptocurrency and as a form of  culture Material items, therefore it is called collectible digital asset. securities, and other financial instruments may be considered fungible goods. If goods are sold by weight or number, then they are probably not fungible goods.
 NFTs can be used to represent items such as photos, videos, audio, and other types of  files which are digital.
According to the best resourcesWIKIPEDIA 
The unit of data represents something specific. And recording also called ledger, where that token is certified as proof of ownership is called a blockchain, like Ethereum is a Blockchain.

They are just like individual tokens with extra information stored in them. And that extra information is the important part of NTF which allows them to take the form of music,art video  in the form of JPGS, MP3s, videos, GIFs and much more.
It was difficult before to earn anything from files that people could download and share for free.This does not mean NFTs are immune to fraud it's a fair game, like cryptocurrency.But it should keep in mind that in the same way as art prints of an original are made, used, bought and sold, copies of an NFT are not hold the same value as the original NTF is.
A Pakistani only 12 years old boy Benyamin Ahmed makes £290,000 in non-fungible tokens with digital whale art amazing read full story!





 

ABOUT BEEPLE ,MIKE WINKELMANN.

 
Mike Winkelmann, is famous with the name  BIPPLE he is a graphic designer from Charleston, SC, USA who does a variety of digital artwork.
He has been creating a picture everyday from start to finish and posting it online for over ten years without missing a single day, super awesome.


NFT has changed the life of artist Beeple unveils new real-life sculpture following record-breaking $69M sale. Mike Winkelmann ,known mostly as Beeple  joined the world's most valuable living artists when he sold an NFT for a $69.3 million,an unbelievable record, he astonished the world with his extra ordinary art work.

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