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Friday, October 30, 2026Oct 30

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What you need to know about NTFs

NFT, non-fungible token. / Photo credit: Getty Images/iStock/Vertigo3d
NFT, non-fungible token. / Photo credit: Getty Images/iStock/Vertigo3d NFT, non-fungible token. / Photo credit: Getty Images/iStock/Vertigo3d

Q. What are NFTs – Smart investment, passing fad or huge risk?

A. What is an NFT, and should you be investing in this digital purchasing craze? People want to own something that’s completely unique, and the ability to purchase ownership of online assets opens up a whole new world of possibilities, but it also creates risks.

Here are some of the things you need to know when it comes to digital asset ownership.

What is an NFT?

First, NFT stands for “non-fungible token,” investopedia.com. If you’re like most people, that doesn’t help much. Think of it as a digital certificate of authenticity.