An NFT plan has been made public by Square Enix, a Japanese entertainment corporation and video game developer. However, Minecraft, a computer game owned by Microsoft, banned non-fungible tokens (NFTs) from being used on its platform.
An NFT is a type of blockchain technology that essentially functions as a one-of-a-kind receipt connected to the blockchain for any digital asset, such as a video, illustration, or character model in a video game, etc. This receipt confirms the holder as the sole legitimate owner of the asset.
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