Non-fungible tokens (NFTs) and Photography

Non-fungible tokens (NFTs) are an example of the rapid change in the industry. These tokens are typically associated with applications such as CryptoKitties that operate under the ERC 721 standard. More interesting is probably that these tokens were called “not fungal.” [Sources: 1, 3]

They have many uses, including digital collectables, artworks, games, and assets, and are developing the right crypto- and blockchain technology. [Sources: 3]