⁉️What are NFTs?

Non-Fungible Tokens (NFTs) have gained significant attention and popularity in recent years, revolutionizing the way we perceive and value digital assets. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable and have the same value, NFTs are unique and indivisible tokens that represent ownership or proof of authenticity for a specific digital item.

NFTs are built on blockchain technology, which ensures their immutability, traceability, and transparency. Each NFT is assigned a distinct digital signature, making it distinguishable from other tokens. This uniqueness allows NFTs to represent a wide range of digital and physical assets, including artwork, music, collectibles, virtual real estate, and even tangible assets like real estate properties or vehicles.