A non-fungible token (NFT) is a unique digital asset stored on a blockchain and represents ownership of a specific item, such as a digital collectible, virtual property, or piece of art. Unlike fungible or interchangeable cryptocurrencies such as Bitcoin and Ethereum, each NFT is unique and irreplaceable. Key characteristics Uniqueness: Each NFT has a distinct digital signature that cannot be replicated or modified Ownership: Blockchain technology provides proof of ownership and authenticity ...
