NFT stands for Non-fungible Token, a unique cryptocurrency. It is different from the cash that we are using today that is printed in huge quantities for each value level that anyone can own. NFT is the opposite, this is a cryptographic product that cannot be copied and is stored in the blockchain. Each NFT is the ONLY representation of ownership of digital products such as photos, movies, video games, etc. that we see on the Uquid exchange.
It is this unique and non-duplicating feature that brings great meaning and value when an NFT is born and put into trading. Buying an NFT means you get a certificate of ownership for that NFT encoded product, and there is no other person in the world apart from you.