A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.
Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.
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While every Bitcoin is identical, non-fungible tokens are unique.
NFTs are like plane tickets – they all look the same, but each have a different seat and destination.
Non-fungible tokens are ideal for creating digital versions of collectibles like art and trading cards.
Other use cases include digitizing our identities and proving ownership of things like real estate.
NFTs are often based on the Ethereum blockchain, in the form of ERC-721 tokens.
These tokens can be bought and sold on second-hand marketplaces.
Highly anticipated NFT collections
NFT marketplaces
From avatars to rare, single pieces.
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