I have doubts about the Dolz. one of them is: what is NFT?I read the documentation about Dolz on the site and this NFT appears numerous times and does not explain what it is.
NFT stands for what now?
It stands for "nonfungible token."
Nonfungible, meaning you can't exchange it for another thing of equal value. A $10 bill can be exchanged for two $5 bills. One bar of gold can be swapped for another bar of gold of the same size. Those things are fungible. An NFT, though, is one of a kind.
The token refers to a unit of currency on the blockchain. It's how cryptocurrency like Bitcoin is bought and sold.
"Remember those days where people would line up for the newest Nike Air Jordan sneakers at the physical store? This is the new digital equivalent," said Katie Haun, a general partner at the venture capital firm Andreessen Horowitz.
"It's everything that brings together culture, and it's also a bet on the future of e-commerce," Haun said.