NFT stands for Non-Fungible Token

Fungible means that something can be exchanged or substituted and it will hold the same value. Its interchangeable.

A Dollar is a fungible item.

Non-fungible items are assets that can’t be substituted. It has unique attributes that make it different from something else in the same asset class.

A Painting is a Non-Fungible item.

Token refers to a digital certificate stored on a secure distributed database called a blockchain.

In Summary, NFTs are an exciting new way to invest, collect and join new communities, so don’t be afraid to dive in!

At NFT Stamps we have a deep passion for Postage Stamps and the history behind them.