What is NFT?
Oct 17, 2024
Basic Concepts of NFTs
NFTs are unique digital assets representing ownership of a specific item or piece of content. They are indivisible and stored on the blockchain, ensuring verifiable ownership and provenance.
Applications of NFTs
Art: Digital artists sell their work as NFTs.
Gaming: In-game items and characters can be owned and traded as NFTs.
Virtual Real Estate: Ownership of virtual land in digital worlds.