Coinmonks
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Coinmonks

Why do CryptoPunks NFT cost so much?

Source photo CryptoPunks — Search Images (bing.com)

In order to understand NFTs, we must first define them. The term “Non-Fungible Token” (NFT) refers to information appended to a file that serves as a one-of-a-kind signature. It can be in the shape of a picture, a file, a song, a tweet, a piece of text on a website, a physical object, or any number of other digital representations.

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