I have been watching the term NFT in different projects listed on uniswap but I can't figure out what actually does it mean. There's something like NFT price which is probably greater than the token price. So, what's it exactly? How it is related to the project token?
Personally, I think NFT is one of the main development blocks of a new digital economy powered by blockchain. Several projects are experimenting with NFTs for various uses, such as games, digital identities, licenses, certificates, and fine art. What's more, this technology even allows fractional ownership of high-value items.
As NFTs become easier to build, we can see more and more of these new asset types being created every day.
A non-fungible token (NFT), also known as a crypto collectible, extends this idea. Unlike cryptocurrencies where all tokens are created equal, each non-fungible token is unique and limited in number.