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NFT Explained In 5 Minutes - What Is NFT? - Non Fungible Token - NFT Crypto Explained - SimplilearnA non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. � NFTs can represent digital or real-world items. Ethereum blockchain makes it possible for NFTs to work for several reasons: In fact, Ethereum is the widely accepted crypto in the NFT market.