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Gas is a transaction fee on the Ethereum blockchain. NFT = non-fungible token Meaning a unique token on a blockchain representing some object. An example woul
by zoklet-enjoyer 4y ago
Gas is a transaction fee on the Ethereum blockchain.
NFT = non-fungible token
Meaning a unique token on a blockchain representing some object. An example would be a token pointing to a jpeg hosted on IPFS. This NFT shows ownership of a digital object. Sometimes they can be redeemed for physical objects, such as artwork from Beeple or socks from Uniswap