why people buy nft


NFT’s stand for non-fungible token. Now, the question arises what is a fungible token, well it’s something with units that can be readily interchanged like a dollar bill or rupee note. For example with money you can easily swap a Rs 100 note for 2 Rs 50 note and still have the same value. On the other hand, with non-fungible asset classes, it means that these have some unique properties which cannot be interchanged with…