NFTs allows you to buy and sell ownership of unique digital items.
NFTs are basically blockchain tokens representing a unique digital item.
NFTs are recorded on a blockchain, which is a distributed public ledger.
As the underlying technology behind cryptocurrencies, blockchain is probably what you are most familiar with.
In particular, NFTs are usually held on the Ethereum blockchain, although they can also be executed on other blockchains.
NFTs can be minted from both tangible and intangible objects, including:
- Art
- GIFs
- Videos and sports highlights
- Collectibles
- Virtual avatars and video game skins
- Designer sneakers
- Music
- & much more