APPlife Digital Solutions, Inc. announced that is it preparing the launch of LollipopNFT.com, it's all-inclusive, user-friendly non-fungible-token platform. LollipopNFT will be an online marketplace, consignment store, creator platform, and wallet for NFT's and is being developed for use by individuals of all levels, from beginners to experts. Users do not need have a superior technology background or a high-level understanding of non-fungible tokens to enjoy creating and selling NFT's. NFT's are a “one-of-a-kind” crypto token that serve to track the origin and authenticity of virtual collectible items such as art and sports memorabilia.

It is data added to a file and stored on a digital ledger, called a blockchain, which can be sold and traded on digital markets. These items cannot be forged because the digital ledger is maintained by thousands of computers around the world. The scope for NFTs is anything that is unique that needs provable ownership, and an NFT can only have one owner at a time.

NFT's can be used to represent ownership of a photo, video or audio file, a tweet, a meme, a text posted on a website, a deed for an item, and various other digital assets. The lack of interchangeability (fungibility) distinguishes NFTs from blockchain cryptocurrencies, such as Bitcoin.