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?
Basically NFT was a non fungible token that was representing as a proof of owner for the digital collectible or asset. As long as you have owned this NFT and you will be able to claim it as an owner for your NFT.
What is the relationship between it and the project token?
The project used NFT as a proof of ownership for any assets that will be issued by the company. This is not something new and i think that anyone know this so well. The company was using NFT to be integrated with its platform. that's why some platforms are calling NFT as a part of its ecossytem. This caused by people can own the NFT that issued by the company