About
NFT's
Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. They are an ideal vehicle to digitally represent physical assets like motor vehicles.
Much of the current market for NFTs is centered around collectibles, like digital car tokens. Like physical money, cryptocurrencies are fungible, meaning that they can be traded or exchanged, one for another.
NFTs are unique and irreplaceable, thereby making it impossible for one non-fungible token to be equal to another. They are digital representations of assets and have been likened to digital passports because each token contains a unique, non-transferable identity to distinguish it from other tokens.
Just like Bitcoin, NFTs also contain ownership details for easy identification and transfer between token holders. Owners can also add metadata or attributes pertaining to the asset in NFTs.
Our NFT Digital Car Tokens are an ideal adaptation.
Like any investment we recommend you undertake due diligence and seek professional advice.