nft
An NFT, or non-fungible token, is a unique digital asset that represents ownership of a specific item or piece of content, such as art, music, or videos. Unlike cryptocurrencies like Bitcoin or Ethereum, which are interchangeable, each NFT has distinct characteristics that make it one-of-a-kind. This uniqueness is verified through blockchain technology, ensuring that the ownership and transaction history are transparent and secure.
NFTs have gained popularity in the digital art world, allowing artists to sell their work directly to collectors without intermediaries. Buyers can purchase NFTs to own a digital version of an artwork, often accompanied by proof of authenticity. This has created new opportunities for creators and collectors alike, reshaping how art and digital content are valued.