NFTs (Non-Fungible Tokens)

NFTs, or Non-Fungible Tokens, are unique digital assets stored on a blockchain, which is a secure, transparent digital ledger. Unlike cryptocurrencies such as Bitcoin or dollars, which are interchangeable, NFTs represent ownership of a specific item—like digital artwork, music, or collectibles—that cannot be duplicated or replaced. This proof of originality and ownership is recorded securely, allowing artists and creators to sell and showcase their work digitally. While they don’t transfer physical property, NFTs serve as verifiable certificates of authenticity and scarcity for digital assets, enabling new economic opportunities in the digital world.