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Nft stands for “Not Fungible Token”, therefore a non-fungible digital value unit. In other words, it is a real certificate whose reliability is derived from the Blockchain and is not dependent on a third party: the digital ledger records the transactions and indicates who it belongs to.

NFTs are unique and unrepeatable; they are art works and may have an owner (or a group of owners). If I have a dollar in my pocket, I don't own all the dollar bills BUT if I bought a Picasso painting, it's mine and mine alone.