Non-Fungible Tokens (NFTs) have been making headlines in recent times, especially in the art and gaming industries, But what exactly are NFTs, and how do they work?

The answer to this question is twofold: because there’s a demand for them and because they’re scarce, As with most other commodities, NFTs are valuable because people want them and because there isn’t enough supply for everyone who wants them.

What are fungibility, fungible tokens, and non-fungible tokens In this guide, we’ll explain everything you need to know about these concepts and how they relate to cryptocurrency and the blockchain industry at large.