The recent hype is unfounded. NFTs are simply tokens like others, but the difference is that the tokens itself are unique. A normal token is like having 5 doll

The recent hype is unfounded. NFTs are simply tokens like others, but the difference is that the tokens itself are unique. A normal token is like having 5 dollars, with no individual/per token owner, history or storage. With an NFT you will have 5 times 1 dollar with their own owner, history and storage. Their value should be based on the legal contract or utility that they represents. Which often is 0. For programmers it should be easy to understand. Token: key value store of a global userid->amount NFT: NFT class (name, jpg checksum, jpgurl) for example And a global key value store of: userid->NFT instance Just read any ERC20 and ERC721 template, it’s just a few lines of code.