I've been noticing the term NFT in various projects on uniswap, but I'm not sure what it means. There's a price for NFT that's almost certainly higher than the token price. So, what exactly is it? What is the relationship between it and the project token?
Nft was a non fungible token. this called nft was used to be integrated with the various virtual assets such as land. art, in game item and many more. this nft is also act as a proof of ownership for such asset. the nft has a bigger price compared with token caused by sometime it's limited. this means if there is no a lot of nft in circulation. this depends on what kind of nft. if that's a rare ndt and it will have a high value but if that's a junk nft and it will not have value. this is why you will be seeing low and high value nft in the opensea market as the most crowded market dor nft