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 is mainly a digital proof of ownership signed and secured by blockchain. But whatever you see in the market, are mainly a hoax. It's a great playground for money launderers and a great way to convert black money into white.
If you have a jpg image in your computer, you can convert it into a NFT through signing a digital ownership contract in either ETH or polygon blockchain. Then you can sell it for a ridiculously high price if you can attract the chickens from the market.
You can visit the oldest NFT platform called opensea to see for yourself. It also offers free trainings on NFT.