Definition of NFTs

What is an NFT?

NFTs Defined

Non-Fungible Tokens (NFTs) are cryptographic assets stored on a blockchain network that represent a unique, non-interchangeable digital asset. They are typically used to represent digital art, collectibles, and in-game items. NFTs are stored on a public ledger and are secured using blockchain technology. This enables them to be transferred and traded without a middleman, allowing for true digital ownership.