NFTsA 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.

NFT or Non-Fungible-Token is a token that houses data and provides ownership verified by the blockchain that can be easily transacted and traded to anyone in the world. In the Metaverse, virtual assets are assigned value and traded with NFTs.

To top