The History of Non-Fungible Tokens (NFTs) | HackerNoon

A non-fungible token is only a one-of-a-kind digital asset. Bitcoin is fungible, which means that all bitcoins are identical and entirely interchangeable. A work of art is an example of a non-fungible token. I can have two identical works of digital art, yet each one is completely distinct. The next sample displays two NFTs from the crypto-artist Josie. Her two pieces, "Choose" version #4 and "Choose" edition #5, may appear identical, yet they are completely unique to the blockchain.