Digital assets are items of value that exist in a digital format. This includes things like cryptocurrencies, digital art, and online accounts. They can be owned, traded, or sold, just like physical assets. Digital assets are often stored on computers or in the cloud, making them easily accessible and transferable.
One popular type of digital asset is non-fungible tokens (NFTs), which represent ownership of unique items, such as artwork or collectibles. Unlike traditional currencies, which are interchangeable, NFTs are one-of-a-kind and cannot be replaced. As technology evolves, the importance and variety of digital assets continue to grow, shaping the future of finance and ownership.