NFTs are unique digital assets on the blockchain, representing ownership or authenticity of specific items or content.
NFTs, unlike cryptocurrencies such as Bitcoin, are distinct digital assets representing various forms of content, from artwork and music to collectibles, stored on the blockchain.
NFTs utilise blockchain platforms like Ethereum, leveraging standards such as ERC-721 or ERC-1155 to ensure scarcity, immutability, and ownership verification.
NFTs provide provable ownership and provenance, allowing creators and collectors to verify authenticity.
The NFT market has seen explosive growth, attracting attention from collectors, artists, investors, and enthusiasts.