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EP:26 What are Cypto Currency Based NFTs? episode artwork

EPISODE · Jan 30, 2022 · 6 MIN

EP:26 What are Cypto Currency Based NFTs?

from Tech Stories · host Amit Bhatt

In this episode ,I tried to explain the concept of Crypto Currenct based NFT  NFT: NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to buy or register it.  NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only. The most popular NFTs right now include artwork and music, but can also include videos and even tweets  Non Fungible Token: “Non-fungible” more or less means that it’s unique and can’t be replaced with something else  Fungible  Token: Bitcoin and other cryptocurrencies are the most prominent uses of blockchain technology, and they're examples of fungible tokens. If you send somebody a Bitcoin and they send you one back, it doesn't have to be the same Bitcoin, just as with the ten-rupee note. Do  check the episode on various platform https://www.instagram.com/podcasteramit  Apple :https://podcasts.apple.com/us/podcast/id1544510362  Huhopper Platform :https://hubhopper.com/podcast/tech-stories/318515  Amazon: https://music.amazon.com/podcasts/2fdb5c45-2016-459e-ba6a-3cbae5a1fa4d  Spotify :https://open.spotify.com/show/2GhCrAjQuVMFYBq8GbLbwa

What this episode covers

In this episode ,I tried to explain the concept of Crypto Currenct based NFT  NFT: NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to buy or register it.  NFT stands for non-fungible token, which basically means that it's a one-of-a-kind digital asset that belongs to you and you only. The most popular NFTs right now include artwork and music, but can also include videos and even tweets  Non Fungible Token: “Non-fungible” more or less means that it’s unique and can’t be replaced with something else  Fungible  Token: Bitcoin and other cryptocurrencies are the most prominent uses of blockchain technology, and they're examples of fungible tokens. If you send somebody a Bitcoin and they send you one back, it doesn't have to be the same Bitcoin, just as with the ten-rupee note. Do  check the episode on various platform https://www.instagram.com/podcasteramit  Apple :https://podcasts.apple.com/us/podcast/id1544510362  Huhopper Platform :https://hubhopper.com/podcast/tech-stories/318515  Amazon: https://music.amazon.com/podcasts/2fdb5c45-2016-459e-ba6a-3cbae5a1fa4d  Spotify :https://open.spotify.com/show/2GhCrAjQuVMFYBq8GbLbwa

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This episode is 6 minutes long.

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This episode was published on January 30, 2022.

What is this episode about?

In this episode ,I tried to explain the concept of Crypto Currenct based NFT  NFT: NFT (Non Fungible Token) are pieces of Digital content that are registered on the blockchain network and graphically represent underlying cryptocurrency that used to...

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