A Non-Fungible Token (NFT) is a unique digital asset that represents ownership of a specific item or piece of content, often using blockchain technology. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and can be exchanged for one another, NFTs are one-of-a-kind and cannot be replaced with something else. This uniqueness makes them ideal for representing digital art, music, videos, and other collectibles. NFTs are bought and sold on various online marketplaces, allowing creators to monetize their work directly. Each NFT contains distinct information that verifies its authenticity and ownership, making it easy to track who owns what. This technology has opened new avenues for artists and collectors in the digital space.