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Scorpio in Red – an example of an NFT piece of digital art.

Coinbase describes an NFT this way: “NFTs (or ‘non-fungible tokens’) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the same amount. Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings, and virtual real estate or pets.”

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