What is a NFT?

NFT stands for non tangible token which represents  an artwork, an article, music or even a meme. The word fungible is an economic term which refers to a good or asset that can be exchanged for another good or asset of equal value. If something is non-fungible it means it can’t be swapped for something of equal value.
Every NFT has got its own identity and characteristics.  They are bought and sold online and are generally encoded with the same underlying software as many cryptos. NFTs are generally one of a kind, or one of a very limited run, and have unique identifying codes.

2 Lives project

The 2 lives project is Jersey’s first art exhibition which connects Art and Finance, through the introduction of NFTs. 2 Lives will consist of a traditional art exhibition, but in the metaverse. The Metaverse is the total amount of all the digital assets that live in the web and is a collective virtual shared space, created by the joining of virtually enhanced physical reality.
The entire project aims to educate visitors about NFTs to present opportunities and ideas to artists, curators, students and creators.

.