Non-Fungible Token (NFT)
These are unique digital assets stored on a blockchain that represent ownership or proof of authenticity for a specific item, whether digital or physical. Non-Fungible Tokens (NFTs) represent a groundbreaking innovation in digital ownership by leveraging blockchain technology to authenticate unique assets securely and transparently.
What You Need To Know
While challenges such as environmental concerns and market volatility persist, the potential applications of NFTs in art, gaming, real estate, identity management, and beyond make them a transformative force in the digital economy.