Beefy Tigers is a collection of 10,000 unique Beefy Tigers NFTs — unique digital collectibles living on the Ethereum blockchain.
NFT stands for ‘Non-fungible Token.’ Non-fungible means something is unique and one-of-a-kind; something that is non-fungible is made up of individual units that are not interchangeable. So, unlike cryptocurrencies, which have a hard supply of millions of units, NFTs only have a single unit. While they cannot be reproduced or interchanged like exchanging currencies, they may be traded like any other artistic work.
Being a digital version of rare assets, NFTs opened doors for people to make a living by selling and buying or even trading for profits like a crypto investment.
Other perks of NFTs as digital assets include fewer maintenance costs and greater asset security.
