Is NFT a cryptocurrency?

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency , like Bitcoin or Ethereum, but that’s where the similarity ends. Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.15 Şub 2022

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How much does an NFT cost?

The costs to develop an NFT can vary greatly depending on the type of market. The developer must create code to enable the NFT to function for free. This can cost anywhere from $7 to $150 , depending on the complexity of the project. It is up to the creator what format an NFT takes.

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